Royston Carr Asset Management Comments as EU Investor Sentiment Dips

Royston Carr Asset Management – In spite of a robust earnings season, investor sentiment in Europe remains unstable.

TAIPEI CITY, TAIWAN, November 21, 2018 / — Royston Carr Asset Management analysts report that European equities lost ground last month in spite of the majority of businesses reporting strong earnings in the third quarter.

Europe's benchmark Stoxx 600 index decreased 6 percent in October, even after a rally of 1.7 percent in the final trade session.

Taylor Newman, Director of Mergers & Acquisitions at Royston Carr Asset Management says that although revenue and earnings-per-share growth stayed strong and the majority of European firms have maintained their full year guidance to the market, investor confidence remains unsteady.

A decline in demand from China for exports from the euro zone, growing trade tensions and Italy's budget issues have negatively affected European expansion sentiment. Royston Carr Asset Management analysts believe there may be room for recovery but that certain things will need to change.

Although defensive stocks have mostly outperformed expectations, Royston Carr Asset Management analysts say sectors which are more affected by global economic turmoil have sold off materially.

At the end of last month, 125 businesses on the Stoxx 600 index had reported earnings for the last quarter. More than a third of these companies’ results had exceeded market expectations. Consumer cyclicals, healthcare and technology have reported the highest number of earnings beats while basic materials and telecommunications reported the highest number of misses.

Royston Carr Asset Management analysts say Europe’s automotive sector is currently one of the least popular in Europe with investors showing concern over the effects of regulatory shifts in the industry and the US-China trade dispute.

Also contributing to a decrease in automotive sales in Europe in September was the introduction of new emissions regulations. This decline in sales impacted performance in the sector for the third quarter.

Sophie Shen
Tag Leaf
email us here

Source: EIN Presswire

ChiXi Consultants – Short Week in US – Tech Stocks Continue to Lead Markets Lower

US Markets Closed for Thanksgiving on Thursday

Stocks got no reprieve on Tuesday.

MANHATTAN, NEW YORK, UNITED STATES, November 21, 2018 / — Apple was the biggest drag on the Dow, as the index plummeted 551 points sending it into the red on the year.

The S&P 500 fell 1.82% on Tuesday and erased all of its year-to-date gains. The Nasdaq tumbled 1.7%, or 119.65 points and is down nearly 15% from its all-time highs.

Retail giant Target reported weaker-than-expected earnings for Q3 and sank more than 10% during Tuesday’s trading session. Same-store sales, a key metric for retailers, also came in lighter than anticipated. Home improvement chain Lowe’s and big-box retailer Best Buy also tanked following their earnings.

Crude oil joined the broader selloff in equities and plunged more than 6% to more than one-year lows and snapped a four-day winning streak. The commodity has been under pressure lately as global supply surplus concerns weigh on prices. Oil has fallen 30% from the four-year highs it hit in early October.

Economic calendar and earnings

With the Thanksgiving holiday on Thursday, earnings remain light on Wednesday and for the remainder of the week.

Retailers Foot Locker and Gap both reported better-than-expected earnings after the bell on Tuesday. Despite beats on both the top and bottom lines the stocks moved in opposite directions after hours. Foot Locker shares soared 12%, while Gap shares fell 1%.

Deere is set to report Q3 financial results before market open on Wednesday.

On the back of the housing starts and building permit data released on Tuesday, existing home sales and mortgage application data will be released on Wednesday morning. Economists polled by Bloomberg are expecting existing home sales to have grown 1% in October to a seasonally adjusted annual rate of 5.20 million units. The housing market has been in focus lately as rising rates and higher costs have been hammering demand. Confidence in U.S. homebuilders is at its lowest level in two years.

About ChiXi Consultants:

ChiXi Consultants is a Financial Planning and Investment Advisory firm that is geared toward individuals and institutions who are looking to achieve extraordinary levels of success. Our clients range from entrepreneurs, executives, board members and institutions who demand the same excellence in their advisors that they have demonstrated in their own lives. They require an intensely personal approach that relies upon years of experience, attention to detail, and above all else, objectivity and this is what ChiXi Consultants prides itself on providing.

To find out more about ChiXi Consultants, contact us at for further information or visit our website at

Jonathan Worthin
ChiXi Consultants
+1 6468095760
email us here

Source: EIN Presswire

Blockchain-based International Remittance Project REMIIT Partners With HYCON

REMIIT Signs Partnership With HYCON to Expand International Remittance Ecosystem

SEOUL, SOUTH KOREA, November 21, 2018 / — Blockchain-based international remittance project REMIIT announced on November 20th that it has signed a partnership with Glosfer/HYCON to collaborate on blockchain projects and international remittance services.

Under the agreement, REMIIT and Glosfer/HYCON will work toward mutual development utilizing the infrastructure of HYCON, a blockchain platform with its own mainnet. The two will also collaborate on establishing an international remittance service within the HYCON ecosystem.

REMIIT is a blockchain-based, decentralized remittance and payment platform. BluepanNet, the mother company of REMIIT that provides inexpensive and safe international remittance and trading service, launched the international cryptocurrency remittance service after its establishment in April 2015. Starting with the Philippines, service soon became available in six countries including China, Vietnam, Australia and Hong Kong. With a retention rate of 90%, REMIIT reduced time and cost for foreign workers transferring money to their home country.

REMIIT’s token economy is designed with REMI and REMD supplying consistent liquidity, which enhances stability and security of trading. REMI is listed on exchanges and therefore freely traded, while REMD tokens are provided to market participants as an incentive. Those who wish to use REMD for international remittance must first obtain REMI and stake it and then convert the tokens to REMD. To facilitate smooth exchange, an incentive is provided proportional to the amount of REMI being staked and the staking period.

CEO Taewon Kim of Glosfer/HYCON said, “With the partnership with REMIIT, a leader in blockchain-based international remittance service, the HYCON ecosystem will be able to expand to finance and international remittance services.”
Kim, an advisor to REMIIT, launched Korea’s first international cryptocurrency remittance service and developed it into a first-generation blockchain company in Korea.

HYCON, which recently succeeded in doubling the network’s transactional throughput capacity, and BluepanNet/REMIIT, leader of international cryptocurrency remittance service in Korea, are expected to create an unconventional ecosystem for a blockchain-based remittance and trading platform.

Glosfer/HYCON is planning the grand opening of the HYCON Adventure Platform in December. The HYCON Adventure Platform aims at creating a hub for HYCON where HYCON holders can participate in ICOs, airdrop events, markets, games and other events using HYCON in return for various benefits.

Holders will be charged a fee of 0.5%-3% in HYCON when they participate in the HYCON Adventure Platform. All coins used to participate in the events except for the fees are returned to the holders and they can also receive other cryptocurrency airdrops. Glosfer/HYCON aims to expand HYCON’s ecosystem with the Adventure Platform and the international remittance service.

Glosfer Inc
+82 2-6478-7000
email us here

Source: EIN Presswire



SEOUL, SOUTH KOREA, November 21, 2018 / — 基于区块链的跨境汇款项目REMIT(代表安赞秀)于20日宣布,已与Glosfer•HYCON(代表金泰元)就“区块链事业及跨境汇款服务相互协作”建立了合作伙伴关系。



REMIT代币经济(token economy)为了提高交易的稳定性和安全性而采取了双重机制,将代币分为REMI及REMD,以此来保证稳定的流动性供给。REMI在外部交易所上市可进行自由交易,而REMD则作为市场参与者的激励。想要使用REMD进行跨境汇款时,用户首先要获得REMI,在进行权益累积(staking)后兑换成REMD。为了保证兑换的顺利进行, REMIT把一定比率的REMI作为激励,且激励与进行权益累积的REMI金额及时间成正比 。

Glosfer•HYCON的代表金泰元表示:“在区块链跨境汇款领域,REMIT一直扮演着领军企业的角色,通过这次与REMIT达成的伙伴关系,将有望构建HYCON生态系统所追求实现的的金融领域,并实现跨境汇款服务领域的进一步扩大。 ”


Glosfer•HYCON目前正在筹备将于下月盛大开启的“HYCON冒险平台(HYCON ADVENTURE PLATFORM)”。“HYCON冒险平台” 旨在构建以HYCON作为参与方式的中心枢纽,在这一平台上可以使用自身拥有的HYCON参与ICO、空投、活动、市场以及迷你游戏等优惠服务。


Glosfer Inc
email us here

Source: EIN Presswire

Leading Fintech Foundation Course Matures with IBF Accreditation

CFTE’s Around Fintech in 8 Hours programme with Ngee Ann Polytechnic gains IBF Future-Enabled Skills Level 1 accreditation

LONDON, LONDON, UNITED KINGDOM, November 21, 2018 / — Centre for Finance, Technology and Entrepreneurship (CFTE), in association with education partner Ngee Ann Polytechnic (NP), announces its Around Fintech in 8 Hours programme has been accredited with IBF Future-Enabled Skills, under Digital Awareness – Level 1 for the competency units Blockchain and Cloud.

The online course is a foundation programme that takes eight hours to complete and leads learners through principal concepts in digital finance while providing a robust understanding on the widespread impact of technology in the industry, culminating with an exploration of major opportunities in business offered by this digital revolution.

Fintech in Singapore continues to thrive, as does the nation’s desire to retrain its workforce to adapt to new digital technologies. This leads into the island’s rising reputation as a Finance hub. Around Fintech in 8 Hours has been accredited under the IBF Standards, and candidates who meet IBF’s criteria may be eligible for subsidised direct training costs.

Additional programme information

CFTE launched Around Fintech in 8 Hours with the objective to educate professionals on the radical changes brought forth by emergent technologies in the financial industry. An eight hour accredited course completable at the learner’s own pace, it provides a robust foundation of concepts in Fintech. Learners will engage with world-renowned experts such as Claire Calmejane (Chief Innovation Officer of Societe Generale); Rob Frohwein (CEO of Kabbage, a Fintech “Unicorn”); Ronit Ghose (Global Head of Bank Research at Citi). The curriculum is designed by 4 senior lecturers who created Fintech courses at leading universities in Europe and Asia and demystifies the world of digital finance. It gives students an overview of principal Fintech trends, as well as new emerging sectors within the industry. For more information, see

This programme has been accredited under the IBF Standards, and is eligible for funding under the IBF Standards Training Scheme (IBF-STS), subject to all eligibility criteria being met.
Candidates are advised to assess the suitability of the programme and its relevance to participants’ business activities or job roles.
IBF-STS provides 70% funding for direct training costs subject to a cap of S$7,000 per candidate per programme subject to all eligibility criteria being met.
Find out more on

For media queries, please contact:
Centre for Finance, Technology and Entrepreneurship
Hashvin Sandhu
Contact Number: +44 20 7856 0579

About Centre for Finance, Technology and Entrepreneurship (CFTE)

CFTE is an education platform supported by senior leaders from the largest institutions, startups and universities. It addresses the needs of professionals in finance and technologists to up-skill in a rapidly changing industry being transformed by emerging technologies. For more information, see

About the Institute of Banking and Finance Singapore (IBF)

The Institute of Banking and Finance Singapore (IBF) is a not-for-profit industry association to foster and develop the professional competencies of the financial industry. IBF is the national accreditation and certification agency for financial industry competency in Singapore under the IBF Standards. Find out more about IBF Standards and Certifications on

Hashvin Sandhu
email us here

Source: EIN Presswire



SEOUL, SOUTH KOREA, November 21, 2018 / — ブロックチェーン基盤の海外送金サービス「レミット(REMIIT)」(代表:アン・チャンス)は、20日、Glosferの「ハイコン(HYCON)」(代表:キム・テウォン)と「ブロックチェーン事業および海外送金サービスにおける相互協力」のパートナーシップを締結したことを明らかにした。








Glosfer Inc
+82 2-6478-7000
email us here

Source: EIN Presswire

Twenty-seven US tech companies named on this year’s RegTech 100 list of leading regulatory tech providers

The second annual RegTech 100 list recognizes the innovative tech companies addressing regulatory challenges that every financial institution will face in 2019

The RegTech 100 list helps senior management identify tech suppliers who are most likely to have a lasting impact on the industry”

— Mariyan Dimitrov, head of research at RegTech Analyst

NEW YORK, NEW YORK, UNITED STATES, November 21, 2018 / — The US RegTech industry has seen huge growth in the last two years with local solution providers raising over $2.6bn since the beginning of 2016, according to RegTech Analyst, a specialist research firm that co-ordinated the selection process.

This year’s RegTech 100 process was even more competitive than last year. A panel of analysts and industry experts voted from a longlist of 824 companies, compared to a list of 416 in 2017. Despite this, US-based RegTech solution providers won additional six places compared to last year’s list when 21 US companies were in it.

“All financial institutions are aware they need to modernize their compliance functions and systems. The RegTech 100 list helps senior management identify tech suppliers who are most likely to have a lasting impact on the industry,” said Mariyan Dimitrov, head of research at RegTech Analyst.

US companies on the 2019 list include:

Ascent RegTech: provides “Intelligence-as-a-Service” to automate regulatory compliance and help clients keep up with ever changing regulations

Eventus Systems: offers Validus, a comprehensive platform which provides risk management and market surveillance solutions for capital market organisations.

Corvil: provides real-time transaction capture and analysis, allowing businesses to operate with assured performance, and continuous cyber surveillance of their users, infrastructure, applications, and services.

ACA Compliance: offers the ACA RegTech Suite, with solutions for managing compliance program tasks, marketing reviews, code of ethics/personal trading, trade surveillance, cybersecurity risk, vendor diligence, regulatory reporting, and others

ComplyAdvantage: a screening platform, which helps companies safely automate AML onboarding of customers and monitor the risk of customers

RDC: utilises the world’s largest open source risk-relevant database to provide a SaaS-based platform for AML/KYC compliance

AML Partners: offers a Platform Solution for KYC Customer On-Boarding Dynamic Workflow Design, Screening for Global Sanctions/PEP/Adverse-Media,  Anti-Money Laundering and Count Terrorist Financing Transaction Monitoring

Issuer Direct: provides a solution that reduces complexity in financial reporting increasing efficiency and reducing costs

A full list of the RegTech 100 is available at More detailed information on all companies as well as in-depth industry analysis is available in the Global RegTech Review (

richard sachar
FinTech Global
+44 20 7749 1270
email us here

Source: EIN Presswire

42Crunch and CriticalBlue Announce Partnership to Tackle End-to-End API Security

42Crunch and CriticalBlue logos

Joint Solution to Ensure APIs are Built Correctly and Used Legitimately.

The CriticalBlue/Approov solution adds the ‘first mile security’ for our customers using APIs with Android and iOS mobile apps.”

— Jacques Declas, CEO, 42Crunch

LONDON, UNITED KINGDOM, November 21, 2018 / — Today, at the API Security For Open Banking Summit, 42Crunch, the leading backend API security platform and CriticalBlue, provider of Approov, the leading frontend mobile API security solution, announced that they are now offering enterprise customers an end-to-end API protection service.

42Crunch and CriticalBlue were both named Cool Vendors by Gartner in 2017.

Misuse and abuse of APIs is a real and growing threat. APIs represent a window into the inner workings of a business, and they represent the easiest target in today’s enterprise architectures for financial gain and data extraction. As Gartner sees it: "By 2022, API abuses will be the most-frequent attack vector resulting in data breaches for enterprise web applications" from (Subscription required).

42Crunch provides an integrated platform where development, security and operations teams can collaborate efficiently towards top-notch API security. The company delivers a distributed, lightweight API firewall as well as tools to evaluate continuously that the APIs are following security best practices when defining, implementing and deploying APIs.

CriticalBlue’s Approov provides dynamic software attestation for mobile apps. It allows mobile apps to uniquely authenticate themselves as the genuine, untampered software images that were originally published. Approov does not require a static secret to be stored in the mobile app, is easy to integrate via a drop-in SDK, simple to deploy and has no impact on the end user experience.

Combined together, the two solutions efficiently address critical API security issues for mobile application development: fake apps, bots, stolen tokens and attacks. Approov ensures that the mobile application is authenticated while 42Crunch ensures that the API requests are valid, and attack-free. Furthermore, the 42Crunch protection service ensures that tokens used to authenticate both the apps and the APIs are properly validated according to the standard best practices.

With the rise of the API economy, usage of APIs has skyrocketed, and as a result, it is vital that deployed APIs are both correctly designed and safely used by only the remote software clients they were designed for.

Under the partnership, 42Crunch will release an Approov package with a set of pre-tested policies that Approov customers can use straight away to enforce and validate Approov security tokens.

“The CriticalBlue/Approov solution adds the ‘first mile security’ for our customers using APIs with Android and iOS mobile apps. The combined solution guarantees the integrity of the data flowing through the APIs at all times” said Jacques Declas, CEO of 42Crunch.

“This partnership creates a security continuum from API design right through to deployment and use,” commented David Stewart, CEO of CriticalBlue. “It encompasses the need for a full security service across all API access points, including web, while also recognizing the need for particular attention to the mobile channel, which is generally the least well protected part of the eco-system.”

About 42Crunch
Founded in London, UK, with offices in Dublin, Montpellier, France, and Irvine, California, 42Crunch provides a security platform that automatically generates and enforces risk-based security policies on enterprises’ APIs. The cloud solution addresses the most demanding API security requirements for enterprises around the world. The 42Crunch API Security platform also fosters the collaboration of security, development, and operations teams, and provides a DevSecOps approach to API development. Visit to learn more. To learn more about API Security visit the community site hosted by 42Crunch at

About CriticalBlue
CriticalBlue launched Approov to close the gap between the current web-oriented security solutions and the growing need for more trust in the mobile app channel. Approov employs CriticalBlue’s mature and proven dynamic runtime technologies to enable a fundamental advance in the digital economy security ecosystem by protecting digital assets from cyber attacks and fraud vectors. This re-establishes the two-way trust needed to truly secure enterprise businesses. For more information, please visit https//
Isabelle Mauny – Chief Product Officer and Founder – 42Crunch
Mail: Mobile:+34 616050684 (Spain)

David Stewart
+44 7967 728249
email us here
Visit us on social media:

Introduction to Approov for Mobile API Protection

Source: EIN Presswire

Blockchain Bootcamp: Survive and Thrive!

Blockchain technology bootcamps for startups

Learn how to be a successful blockchain company with our skill-based training camps.

NEW YORK , NY, 10018, November 20, 2018 / — Survive & Thrive as a startup with our bootcamp designed to teach you the ropes in becoming a successful blockchain-based company!

Learn more here:

David Whiting
City Blockchain Summit
email us here

Source: EIN Presswire

NY Assemblyman Clyde Vanel to speak at NYIT Conference

Learn about the new legislation for this emerging blockchain technology & how it impacts your business!

NEW YORK , NY, 10018, November 20, 2018 / — UPDATE: Assemblyman Clyde Vanel added to SEC Legal Panel to provide advice on latest NYS Blockchain legislation Educate yourself on the latest technologies here…

David Whiting
City Blockchain Summit
email us here

Source: EIN Presswire