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Fintech Headlines

Breakingviews - ICOs validate old-school "follow the money" mantra

Call it teething trouble with tezzies. One of the biggest so-called initial coin offerings to date, which raised some $230 million for a blockchain project called Tezos, has led to a spat between its architects and a Swiss foundation that controls the digital cash, according to a Reuters special report (http://reut.rs/2gncW1B). Even in the world of crypto-currencies, traditional financial motivations apply.

UK fintech investment set for record-breaking year in 2017

British fintech companies are expected to see record-breaking investment this year and to far outstrip their European competitors, data showed on Thursday, adding to signs that Brexit is so far having no big impact on the fast-growing sector.

New ETF has robots pick investments

The AI Powered Equity Exchange-Traded Fund , which launched in the United States on Wednesday, will use IBM Corp's Watson artificial intelligence technology to pick several dozen stocks with potential to beat the market, the fund's backers say.