[ad_1] El Salvador’s government is throwing even more of its weight behind Bitcoin. Coindesk and BBC News report President Nayib Bukele has unveiled plans to build a “Bitcoin City” near a volcano along the Gulf of Fonseca, between La Unión and Conchagua. The metropolis will have its own geothermal power plant to help support crypto mining, […]
Category: finance
Investment app Robinhood scraps UK expansion
[ad_1] The UK was a target market for Robinhood for a long time, especially with a number of other companies also offering commission-free stock trading. That included Revolut, Freetrade and Trading 212, amongst others, all of which offered a similar sort of service in the market. Robinhood markets itself as a zero-fee stock-trading app which […]
Apple Card may offer monthly installment plans for iPads and Macs
[ad_1] The Apple Card already has perks if you’re buying from Apple itself, but the company is apparently willing to further sweeten those incentives. Bloomberg sources say Apple is planning a Card feature that will let you buy “many” products (not just the iPhone) in monthly, interest-free payments. You could pay off iPads, iPad accessories, […]
Google is reportedly working on a smart debit card
[ad_1] In a response to TechCrunch, a Google spokeperson didn’t directly acknowledge plans for the card and instead repeated the statement it issued on the banking leak in November, when it confirmed it was “exploring” partnerships for smart checking accounts in Google Pay. At the time, it mentioned that its “lead partners” were Citi and […]
NYSE will temporarily move to all-electronic stock trading
[ad_1] Intercontinental wouldn’t commit to a specific time frame for reopening the physical floors, instead indicating that would “monitor events” before resuming in-person trades. It’s not a surprising move, and might be crucial as officials rush to eliminate any large gathering that could rapidly spread the coronavirus at the heart of the outbreak. At the […]
Apple Card holders can skip March payment due to impact of coronavirus
[ad_1] As revealed on Reddit and reported by MacRumors, Apple Card customers have received an email explaining, “We understand that the rapidly-evolving COVID-19 situation poses unique challenges for everyone and some customers may have difficulty making their monthly payments. Apple Card is committed to helping you lead a healthier financial life.” To take advantage of […]
TurboTax maker Intuit buys Credit Karma to corner personal financial data
[ad_1] Credit Karma will run as a stand-alone outfit, with existing CEO Kenneth Lin still in charge. Intuit expects the acquisition to close in the second half of 2020 if it clears the regulatory process. The deal makes sense for Intuit. While it has the budgeting site Mint under its wing, it doesn’t have a […]
Opera accused of offering predatory loans through Android apps
[ad_1] The conditions only got worse for borrowers who missed their payments. Falling short by just a day could raise the APR as high as 876 percent. Also, the apps reportedly scraped phone contacts to harass family, friends and others with calls and texts in hopes this would pressure customers into paying up. These same […]
UK investigates if cyberattack led to stock exchange outage
[ad_1] The exchange contracts development out to third-party teams, and a WSJ contact said it’s concerned about the security of that software chain. There’s a risk that the inadvertent spread of malware or rogue contractors could pose problems. An exchange spokesperson maintained that the outage was due to a “technical software configuration issue” after an […]
US says digital assets are covered by money laundering and disclosure laws
[ad_1] US regulators issued a blunt warning to cryptocurrency holders who think they're not beholden to the usual rules. The Securities and Exchange Commission, the Commodity Futures Trading Commission and the Financial Crimes Enforcement Network have put… [ad_2] Source link