BIS wants tighter rules for funds offering credit, fintech

BIS wants tighter rules for funds offering credit, fintech

LONDON (Reuters) – Regulations introduced after the financial crisis a decade ago to smooth out banking booms and busts should be extended to funds that provide credit, or shadow banks, and fintech firms, the Bank for International Settlements (BIS) said on Sunday. The headquarters of the Bank for International Settlements (BIS) are seen in Basel, […]

Energy efficiency funding

Energy efficiency funding

Households and businesses are to benefit from more than £2 million of funding to help use energy more efficiently. The Scottish Government has given the money to 15 councils to fund projects that will support homeowners and businesses installing energy efficiency measures as part of the new Energy Efficient Scotland programme. The funding will also […]

This Week in the Future of Cars: The Big Dig

This Week in the Future of Cars: The Big Dig

Seattle’s SR 99 tunnel is a technological powerhouse, with the ability to drop so much water on a fire, engineers had to ensure its decks wouldn’t collapse under the weight. In 1989, a British illustrator and writer team published a children’s picture book called We’re Going on a Bear Hunt . The book was a […]

IBM acquires IoT experts with strong Brisbane presence

IBM acquires IoT experts with strong Brisbane presence

IBM has unveiled plans to acquire Oniqua, an Internet of Things (IoT) specialist across industrial sectors with strong presence in Australia. With expertise in inventory optimisation software for asset-intensive industries, the provider operates within verticals such as mining, oil and gas, transportation, utilities and manufacturing. Headquartered in Denver, USA, the business is also based in […]

MobiKwik invests in Pivotchain for fintech offerings

MobiKwik invests in Pivotchain for fintech offerings

Mobile wallet company Mobikwik today said it has invested Rs 2 crore in Pune-based data science company, Pivotchain Solutions. The investment will strengthen Mobikwik’s fintech offerings, the company said in a statement. Founded in 2017 by Deepak Rao and Yogendra Pratap Singh, Pivotchain Solutions is a predictive analytics firm with expertise in machine learning and […]

BIS wants tighter rules for funds offering credit, fintech

BIS wants tighter rules for funds offering credit, fintech

Aa Aa By Huw Jones LONDON (Reuters) – Regulations introduced after the financial crisis a decade ago to smooth out banking booms and busts should be extended to funds that provide credit, or shadow banks, and fintech firms, the Bank for International Settlements (BIS) said on Sunday. The introduction of “macroprudential” policy requiring banks to […]