Where the Tabloids meet Fintech Selman Turk who founded failed Fintech startup Selman AI. Is an ex Goldman Sachs employee who has now been referred to as a “Fraudster” by the Daily Mail. This is based on the fact that Mr. Turk apparently arranged a payment of some £ 750k to the black sheep of […]
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 ISSB delivers proposals that create comprehensive global baseline of sustainability disclosures The proposals―exposure drafts—build upon the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) and incorporate industry-based disclosure requirements […]
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From floods and rising mercury to cold waves, climate-related events impact the insurance industry in multiple ways. A 2018 extreme freeze in the U.K. led to pay-outs for burst pipes of £194 million over three months. In the same year, an extreme heatwave saw over 10,000 homes in the U.K. claim for damage caused by […]
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Here is our pick of the 3 most important Stablecoin news stories during the week. Is your CBDC interoperable with others and does it have incentives! Central Banks are trying to make 2022 the year they figure out exactly what sort of CBDC we should have. In a speech before the European Parliament on Wednesday (March […]
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I believe that the future of Bitcoin will be written in El Salvador. That is why we have dedicated a 4-parter to Bitcoin in El Salvador in the past. If Bitcoin is a success for El Salvador’s people, many other countries will follow their lead. The stakes are now very high with Bitcoin becoming a […]
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Over the years, bitcoin has gone from fringe to the mainstream. Once the playground for diehard developers, it has become a major topic of conversation for governments, big tech, and banks who are looking to position themselves to make a land grab. Since the dawn of history, there’s been a power struggle between the old […]
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This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives. Monday Ilias Hatzis our Greece-based crypto entrepreneur (Founder & CEO at Kryptonio a “keyless” non-custodial bitcoin and cryptocurrency wallet, that lets users manage bitcoin and crypto, without private keys or passwords and Weekly Columnist at Daily Fintech) @iliashatzis […]
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NatWest back in private hands, Just? The continuing saga of the sale of NatWest looks to be as long running as the Mousetrap. The latest sale, orchestrated through Morgan Stanley, reduces the government’s stake to 48.1% and like Gordon Brown’s handling of the UK Gold reserves is crystallising large losses for the taxpayer. This is […]
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Federal Council initiates consultation on ordinance on climate reporting At its meeting on 30 March 2022, the Federal Council initiated the consultation on the implementing ordinance on climate reporting for large […]
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Special purpose acquisition company (SPAC) Spinnaker Acquisitions completed a reverse merger with LeakBot, UK based B2B Insurtech, to create Ondo InsurTech. This new entity will be the first Insurtech to go public in Britain. Ondo brought in about $4.5 million from investors, grossing a market capitalization of about $10.8 million. It will use the fresh […]
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