Jessica Folcker

UK Fintech CashFlows Continues Growth with Akamai in Face of Increasing Cyberthreats

Akamai, the intelligent edge platform for delivering and securing web experiences, has announced it is protecting CashFlows, an innovative FinTech offering comprehensive merchant services, alternative payments, and BIN Sponsorship solutions (card issuing and ATMs), from the growing threat of Distributed Denial of Service (DDoS) attacks against its cloud-based services. 

View source

Customer Currently Not Number 1 for CFOs as 32% of Companies Still Yet to Start their Digital Transformation

According to almost two-thirds of CFOs (65%), digital transformation will result in fewer jobs, despite the fact that 32% of organisations aren’t currently undergoing this change, with 23% not planning to look at digital transformation for at least a year or more, as discovered in the FinTech Barometer 2019, the annual survey by fintech company Onguard.

View source

 

Trump 'not ready' for China trade deal, dismisses recession fears

WASHINGTON (Reuters) - U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States.

Five Top Tips to Make a Career in Tech

As young adults pick up their exam results and start the next chapter of their lives, career choices are at the forefront of many broadening minds. Perfect timing then to remind some of those female young minds that a career in tech is definitely worth serious consideration. Although more are beginning to do so, it is a real shame that the field remains male dominated. I would never have chosen this career path myself as a young woman – luckily I fell into it by accident and it is the perfect fit. I believe it could be the best fit for more young women.

View source

 

Twenty-two states sue Trump administration over carbon rule replacement

WASHINGTON (Reuters) - Twenty-two states, including New York and California, and seven cities on Tuesday sued to challenge the Environmental Protection Agency’s replacement of the Obama administration’s Clean Power Plan, arguing it prolongs U.S. reliance on coal power and obstructs states that pursue cleaner electricity generation.

View source

 

Celebrating Africa’s Digital Potential on UN Youth Day

Many things have been said about the future Africa and its potential, it has been called the Opportunity Continent, the Next Frontier and Africa rising, with all of these true. For me the excitement comes in how Africa can, and will one day lead in the digital economy, not only creating a better future for its young people, but for people across the entire continents, whether here in Africa or elsewhere like in Europe or the US.

View source

Banking on Security: Keeping Data Secure in Financial Services

The protection of sensitive data in line with regulations, both for banks and other financial services organisations, is currently a big challenge. The way these organisations operate has changed dramatically in recent years, due mostly to the fact that financial institutions are not only heavily regulated by data privacy requirements, but they are also under mounting pressure to be open to consumers and businesses about how they are protecting their data from potential breaches.

View source

 

'Expect craziness' as China readies debut of Nasdaq-style board

Eight months after President Xi Jinping unveiled plans for Shanghai’s technology innovation board, the first batch of 25 companies - ranging from chip-makers to biotech firms - will debut on the STAR Market.

Modeled after Nasdaq, and complete with a U.S-style IPO system, STAR may be China’s boldest attempt at capital market reforms yet. It is also seen driven by Beijing’s ambition to become technologically self-reliant as a prolonged trade war with Washington catches Chinese tech firms in the cross-fire.

View source

The Rise of e-Commerce in Latin America

Being home to richer nations such as Uruguay and Chile whose GDP per capita parallels those of mid-ranking EU countries, alongside poorer states such as Peru and Colombia which have a GDP per capita lower than the poorest EU member state, it is unsurprising that Latin America is universally known for being one of the most economically diverse areas in the world. 

View source

 

Senate to grill Facebook over plans for Libra cryptocurrency

WASHINGTON/NEW YORK (Reuters) - U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after it shocked regulators and lawmakers with an announcement on June 18 that it was hoping to launch a new digital coin called Libra in 2020.

Libra: Why Sharing Your Money is Harder Than Sharing a Photo

Unless you’ve been hiding under a rock, you’ll be aware that Facebook has announced plans for its own cryptocurrency, Libra. All part of its ambition to transform cryptocurrency, and provide a substitute for cash, payment cards and bank transfers – within and across borders. With the help of its digital wallet Calibra, which is expected to launch in 2020, Facebook’s stated mission is to enable global financial inclusion. It’s a bold move, and one I’m not sure they’ll find as easy as competing with Snapchat. 

View source

 

Navigating the Choppy Waters of Equity Tokens

Cryptoassets continue to attract significant and growing attention from consumers, markets, governments and regulators globally.  Whilst often controversial, it is beyond doubt that the underlying blockchain technology provides great opportunities across sectors from financial services to consumers.  

View source