Tag Archives: Money

Secondary Education in Africa: Preparing Youth for the Future of Work

LONDON, Aug. 3, 2020 /Mastercard Foundation/– In its quest to add value to the human development of Africans, Mastercard Foundation embarked on extensive research projects that have been aggregated into one super report entitled, “Secondary Education in Africa: Preparing Youth for the Future of Work”.
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20Jul/20

Wirex Becomes World’s First Crypto-Native Platform to Secure Mastercard Principal Membership

Leading payments platform Wirex today announced their partnership with Mastercard, as they become the first cryptocurrency-native platform to secure Mastercard principal membership. The news further solidifies Wirex’s vision to bring cryptocurrency to the mainstream with the support of Mastercard, the renowned global payment technology company, by giving Wirex additional functionality and control. Read more

05Jul/20

Fincasa Announces Global Online Investment Summit “Next Generation Visionaries”

FINCASA VENTURES, UAE-based venture capital and advisor to Multi-Royal-Family Fund Houses, announces Investment summit with objective to syndicate USD 1.0 Bn investment in potential companies and start-ups during and post COVID-19 through its stellar consortium of international and domestic investors led by Family Offices, Angels, Funds. Read more

24May/20

CRU: China to Announce More Than RMB 5tn of Stimulus

China will set out its major economic objectives and policy goals for 2020 at the National People’s Congress. We expect fiscal stimulus of 5-8% of nominal GDP to be announced, half the size of the stimulus that followed the GFC. Most of this stimulus will come in the form of bond issuance (e.g. special treasury bonds and local government special bonds). The biggest beneficiary of this stimulus will be the transport and infrastructure sectors. On monetary policy, we do not expect aggressive interest rate cuts or QE; but efforts will continue to ensure financial markets remain liquid, through lending targets and RRR cuts. Read more

29Jan/18

Secret Service issues ‘ATM jackpotting’ alert

The U.S. Secret Service this week issued an alert to banks warning banks about an ATM exploit known called “jackpotting.” Continue reading

29Jan/18

Japan to punish hacked cryptocurrency exchange Coincheck

TOKYO, JAPAN (JANUARY 29, 2018) (REUTERS) – Japan’s financial regulator plans to slap an administrative punishment on cyrptocurrency exchange operator Coincheck Inc on Monday (January 29), the top government spokesman said, after the firm lost 58 billion yen ($534 million) worth of NEM coins to hackers. Continue reading

28Jan/18

Nearly $530 million lost in world’s biggest crypto-currency theft in Japan

China Central Television (CCTV) – A major Japanese crypto-currency exchange has lost 58 billion yen (about 528 million U.S. dollars) in digital assets after a hacking attack, making it the world’s biggest ever digital currency theft. Continue reading

13Jan/18

Japan’s latest idol group chants cryptocurrency choruses

A Japanese pop group hopped on the bitcoin bandwagon on Friday (January 12), dedicating themselves to singing and dancing about the cryptocurrencies that have taken the world by storm this last year. Edward Baran reports. Continue reading

11Jan/18

South Korea plans to ban cryptocurrency trading

The South Korean government says it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil. Grace Lee reports. Continue reading

13Nov/17

Think bitcoin’s getting expensive? Try Zimbabwe

With Zimbabwe under threat of cash shortages and hyperinflation, some are turning to highly-volatile cryptocurrencies like bitcoin as a safer haven for their money. Matthew Larotonda reports. Continue reading