Mogo Finance Technology Inc. (TSX: MOGO; OTCQX: MOGOF), one of Canada's leading financial technology companies and a provider of innovative financial products to consumers, announces that it has surpassed 400,000 Mogo members - an increase of approximately 52,000 from the 348,000 members reported as at December 31, 2016.
Here's a look at Mogo Finance Technologies and how its mobile digital banking platform could disrupt an industry worth billions.
Can the world really operate without cash? The answer is yes and it will happen sooner than you think. Here's a look at the winners and losers in a cashless society.
Deutsche Bank is half the size of the Germany economy, but its foundations are shaking due to huge fines, disappearing profits and a share price collapse.
Germany's biggest lender, Deutsche Bank, insists it doesn't need a government bailout amid reports of a rescue plan in case it can't pay off fines owed to the US.
University of Chicago Booth School of Business Professor Luigi Zingales and Bank of America Merrill Lynch Head of Global Rates Research David Woo discuss the plight of European banks and the future of the European Union. They speak on "Bloomberg Surveillance."
In another fallout from the Brexit referendum, London’s position as Europe’s primary financial hub seems to be under threat. And cities such as Paris, Frankfurt and Dublin are eager to hasten its fall by luring in big business.
Top secret deals in Panama allows the rich to build vast banks of hidden wealth. Kings, criminals, presidents and prime ministers have been outed for dodging the rules and having assets stashed in tax havens abroad.
Imagine a world where you have to pay to deposit money into your bank account. As crazy as it sounds, if you live in the Eurozone or even in Japan, then you're already living in a region where this very scenario exists. Also, another take on Apple vs. the FBI as well as the how the hospitality business is adapting to survive.
There are now over 6,000 ETFs on 60 exchanges and ETFs exist for everything from corporate bonds to gold bars to oil futures. Like the USB port or a gas pump, ETFs have basically standardized the entire universe of investing so that everything under the sun now trades like shares of Apple. But what, exactly is an ETF and why have they become so popular? Bloomberg explains in this short video.
Larry Summers proposed eliminating high denomination currency to help curb illegal cash transfers. Here's how to carry $1 million.
Banks are even bigger today than they were in 2008 when they were already ... "too big to fail". Has anything changed? Watch as Bloomberg's Yalman Onaran explains.