The failures of loose monetary policy could prompt a fall from grace

If you fall for a scam, who is to blame — you or your bank?

It has near-unlimited firepower and is the only EU institution willing and able to act

Pillar of country’s economy resumes operations despite concerns over workers’ health

Investment in Reliance tech and telecoms division follows Facebook and Silver Lake agreements

Government’s travel ban due to coronavirus makes it nearly impossible for citizens to return home

Cuckoo Internet is a new U.K. startup that aims to disrupt the U.K. broadband market. It has now raised £470,000 in seed funding, which includes funding from work.fund, a new Silicon Valley fund operator fund led by Bart Macdonald (Sapling founder). Other investors include Lorin van Nuland (early investor in Betterment), Edward Campbell-Harris (Bulb early […]

French startup Shine is adding a new option today. If you think there’s a chance that a client is not going to pay your next invoice, you can insure that invoice to avoid any bad surprise. Shine is building a challenger bank for freelancers and small companies. It lets you send and receive money in […]

Just as challenger banks have appeared in the B2C space, so to have B2B startup banks aimed at small businesses, among them startups like Qonto (Fr), Tide (UK), Penta (GER) and CountingUp (UK). Today another such firm, Finom, has closed a €6.5m ($7M) seed funding round led by Target Global, with participation from General Catalyst. […]

A number of UK entrepreneurs have banded together to survey Angels about their investment strategy. The initiative comes in the wake of the UK government’s “Future Fund” for startups, which has been criticized as being inadequate for the needs of Angel and Seed-stage startups. The group hopes the survey will give the UK early-stage investment […]

Cuckoo Internet is a new U.K. startup that aims to disrupt the U.K. broadband market. It has now raised £470,000 in seed funding, which includes funding from work.fund, a new Silicon Valley fund operator fund led by Bart Macdonald (Sapling founder). Other investors include Lorin van Nuland (early investor in Betterment), Edward Campbell-Harris (Bulb early […]

A heavy debt load scuppered the business 

Security researchers are sounding the alarm over a newly discovered Android malware that targets banking apps and cryptocurrency wallets. The malware, which researchers at security firm Cybereason recently discovered and called EventBot, masquerades as a legitimate Android app — like Adobe Flash or Microsoft Word for Android — which abuses Android’s in-built accessibility features to […]

Billionaire. Entrepreneur. Investor. Shark. Mark Cuban is one of tech’s best-known entrepreneurs, so we are amped to have him join us for an upcoming Extra Crunch Live, our virtual speaker series that connects the brightest minds in tech directly with our Extra Crunch audience. Starting out as a salesman for one of Dallas’s earliest PC […]

Material Bank, a logistics platform for the architectural and design industry, has announced the close of a $28 million Series B financing today, led by Bain Capital Ventures. Bain’s Merritt Hummer led the round on behalf of the firm and will join the board of directors at Material Bank, along with Jeff Sine, cofounder and […]

Mark Cuban isn’t impressed that you’ve raised money. “If you think the accomplishment is raising money first, we’re probably not gonna get along,” said Cuban in an Extra Crunch Live interview. “If your orientation is ‘I got to raise the money first,’ you don’t really have a company yet, and you really haven’t accomplished anything […]

The Federal Government's decision to be a part of the Asian Infrastructure Investment Bank is a bold move which encourages long term investment in a growing region which will benefit Australia.

With record low margins and stubborn expense to income ratios, the major banks must quickly seize the opportunity of the technology revolution or fail to keep pace with expectations.

The overwhelming majority of global banks and traditional financial services firms believe part of their business is at risk of being lost to standalone Fintech challengers, according to a PwC report released today.

Australias four major banks delivered combined cash earnings of $14.9 billion for the first half to March 2016.

1. Bank defaulters flee country, CBI files case following SBI complaint after 4 yrs  Hindustan Times
2. Another Bank Defaulter Flees Country, SBI Complains To CBI After 4 Years  NDTV
3. CBI books directors of Ram Dev International for loan default  The New Indian Express
4. SBI complains to CBI after ₹411 crore loan defaulters flee country  The Hindu
5. Rs 411 crore loan defaulters flee country, SBI complains to CBI after four years  Daijiworld.com
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1. ICICI Bank Q4 net profit rises 26% to Rs 1,221 crore  Times of India
2. ICICI Bank Q4 profit grows by 26%, misses estimates on COVID-19 provisions; NPAs dip  Moneycontrol.com
3. ICICI Bank Q4 net up 26% at ₹1,221 cr but misses estimates on virus provisions  Livemint
4. ICICI Bank Q4 Results: Profit Rises 26% Even As Provisions Nearly Triple  BloombergQuint
5. ICICI Bank to announce Q4 numbers today: Here's what to watch out for  Moneycontrol.com
6. View Full coverage on Google News

1. Trump admin working to temporarily ban work-based visas: Report  The Newsopedia
2. US lawmakers want H-1B visas and foreign students internship suspended to protect American jobs  Times of India
3. US likely to temporarily ban work-based visas like H-1B due to rise in unemployment  Zee News
4. 5 US lawmakers ask Trump to suspend new H-1B visas  The Tribune India
5. COVID-19 impact | Anxious H-1B visa holders don't know what is next in store  Moneycontrol
6. View Full coverage on Google News

Billionaire. Entrepreneur. Investor. Shark. Mark Cuban is one of tech’s best-known entrepreneurs, so we are amped to have him join us for an upcoming Extra Crunch Live, our virtual speaker series that connects the brightest minds in tech directly with our Extra Crunch audience. Starting out as a salesman for one of Dallas’s earliest PC […]

Treasury Prime, a startup that built software tooling to help banks automate and accelerate routine tasks, announced today that it has closed a $9 million Series A. The new capital was sourced from Amias Gerety of QED, Jason Lemkin of SaaStr, and Hans Morris of NYCA Partners. The capital event is yet another funding round […]

Banked, a London-based fintech using open banking to enable account-to-account payments at checkout (and beyond), has raised £2.35 million in further seed funding. The round was led by Force Over Mass, with participation from previous investors Backed and Acrew Capital, along with a number of high-net-worth individuals, such as Paul Forster (co-founder of Indeed.com). It […]

Countingup, the business current account that “automates” your accounting, has raised £4 million in self-described bridge funding. Leading the round is ING Ventures, with co-investment from Triple Point, CVentures, and BiG Start Ventures. Founded by Tim Fouracre, who previously founded cloud accounting software Clear Books, and now boasting 20,000 business customers, Countingup’s long term vision […]

The TV star, 35, cut a glamorous figure as she attended the premiere of the feature film adaptation of Downton Abbey with her husband Richard Sutton in Leicester Square on Monday.

The Hillary Clinton aide, 43, has been keeping a low profile in recent weeks following Dailymail.com's reports that Weiner, a disgraced politician, was living in the same Manhattan block.

Downton Abbey star Joanne Froggatt has revealed that she has separated from her husband James Cannon after eight years of marriage.

The former Saturdays singer, 31, cut a glamorous figure as she attended the National Television Awards at London's O2 Arena on Tuesday.

Chris Hughes and Jesy Nelson's National Television Awards row was sparked by the ex-Love Island star being banned from doing interviews with his girlfriend.

Kyly Clarke announced her shock split from her cricketer husband Michael last month after seven years of marriage. 

Caroline Flack's boyfriend Lewis Burton has made his first public contact with the star since hitting back at split rumours - despite her being banned from contacting him.

The former Love Island host, 40, was found dead at her London flat on Saturday, February 15, just weeks before she was due to go on trial for assaulting Lewis.

They both found fame as solo artists.

The pop star and animal rights advocate introduced her adorable Shepard mix Bo as she shed light on how the pandemic is affecting our furry friends

Dawn Porter said her heart is 'bursting with pride' after her husband Chris O'Dowd was nominated for this year's Emmy Awards.

The 2019 Emmy nominations were announced on Tuesday, with a number of departing shows being recognized in their final seasons but not The Big Bang Theory.

Tennis veteran Sam Groth has claimed Nick Kyrgios is too big a 'commodity' to lose as the 24-year-old faces suspension of his outburst at the Cincinnati Masters.

Former Australian Davis Cup captain Pat Rafter says he can't understand why Nick Kyrgios hasn't already been suspended following a series of ugly tantrums this year.

Nick Kyrgios has been given a suspended 16-week ban from the ATP Tour following the conclusion of an investigation into his explosive second-round loss in Cincinatti.

The 24-year-old Australian was given a six-month probation period and faces a lengthy suspension if he doesn't promise to be on his best behaviour for six months.

The bizarre moment happened during the first round of the Australian Open on Tuesday, when he began cleaning up the area around his courtside bench.

Williams is attempting to win her 24th grand slam title in Melbourne this week - tying Margaret Court's record.

Magda Szubanski has starred in a new UberEats advert as her Kath & Kim character, Sharon Strzelecki.

Williams previously shared a photo of herself having a mother/daughter playdate with Alexis Jr, two, in costume as Anna from Frozen: 'Princess attire required for conversations with @olympiaohanian.'

Labanauskas, who had taken the opener to threaten a surprise, drew blood after accidentally stabbing himself with a dart, but showed no ill effects after the brief interruption.

The controversial hybrid Nike shoes used to break world records are set to be banned pending further research. Some variations of the Vaporfly are likely to be forbidden by World Athletics.

From April 2020, any shoe must have been available for purchase by any athlete on the open retail market for a period of four months before it can be used in competition.