ARCHIVE May2023
LIBOR will at last be switched off in June
Like slide rules and martini lunches, the London interbank offered rate (libor) was once a fine idea. In 1969 Iran’s central bank was looking for an $80m loan—at the time a hefty […]
Is China’s recovery about to stall?
China’s youth represent just a sliver of the country’s working-age population and an even narrower share of its workforce. Many of those aged 16 to 24, after all, are still in school […]
Ecuador president dissolves national assembly, calls elections during own impeachment trial – JURIST
President of Ecuador Guillermo Lasso dissolved Ecuador’s National Assembly and called for new elections Wednesday just one day after his impeachment trial began. Lasso will also rule by decree for economic matters, […]
Twitter, Saudi Arabia sued for racketeering in California court – JURIST
Activist Areej Al-Sadhan filed a lawsuit against Twitter, the Kingdom of Saudi Arabia and several Saudi officials for racketeering on Tuesday. Al-Sadhan is suing on behalf of her brother Abdulrahman Al-Sadhan, who […]
Industry Slams Treasury Committee Call to Regulate Unbacked Crypto as Gambling
The UK Treasury Committee‘s recommendation of regulating consumer trading in unbacked crypto as gambling, has sparked a significant backlash from industry experts. In a new report, the Committee highlights a lack of […]
How to invest in artificial intelligence
It has been a torrid 18 months for investors who bet on tech. Softbank, a Japanese investment firm that epitomised the 2010s boom in venture-capital funding for companies with rapid-growth ambitions, is […]
Vault: A New Online Bank and Financial Platform for SMBs Launches in Canada
A new all-in-one online financial platform and bank for small to medium-sized businesses (SMBs) and entrepreneurs in Canada, Vault, has officially launched. Vault was founded in late 2021 and aims to provide Canadian […]
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ABOUT US The Fintech Times is the world’s first and only newspaper dedicated to fintech. Published Bimonthly, the Fintech Times explores the explosive world of financial technology, blending first hand insight, opinion […]
Swan Embeds Accounts, Cards and Payments As No-Code Banking Interfaces Open-Sourced
Swan, an embedded finance organisation, has open-sourced its no-code banking interfaces and reduced the time to market of new pilots by 75 per cent. Swan looks to open up opportunities for any […]
UK Home Secretary accused of breaching barrister rules with ‘racist’ and ‘discriminatory’ comments – JURIST
Nine organizations reported UK Home Secretary Suella Braverman to the Bar Standards Board (BSB) on last Thursday regarding her use of language when speaking about the British Pakistani community and asylum seekers […]
Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST
The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]
Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST
Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]
Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST
The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]
Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST
Amnesty International asserted Friday that African and global human rights bodies must urgently investigate alleged war crimes committed by the Ethiopian National Defense Forces (ENDF) in the town of Merawi, Amhara region, […]
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