Article: Oracle unit partners with Everest to bring blockchain to banks worldwide

Article - Media

Oracle unit partners with Everest to bring blockchain to banks worldwide

Gertrude Chavez-Dreyfuss, 14 July 2021

NEW YORK (Reuters) – Oracle Financial Services Software Ltd, a unit of Oracle Corp, has teamed up with financial technology provider Everest to bring blockchain to banks worldwide to enhance their product offerings, Everest Chief Executive and co-founder Bob Reid said.

Oracle Financial’s software is used in retail and corporate banking as well as the insurance sector.

Everest, whose blockchain technology enables a wide range of financial services, said it recently worked with the Asian Development Bank on the Central Bank of Samoa’s regulatory compliance platform. Everest is also a licensed custodian of cryptocurrencies. Continue reading “Article: Oracle unit partners with Everest to bring blockchain to banks worldwide”

Article: Bernard Madoff, criminal financier, 1938-2021

Article - Media, Publications

Bernard Madoff, criminal financier, 1938-2021

Brooke Masters , 16 April 2021

When Bernard Madoff’s Ponzi scheme collapsed in December 2008, $65bn vanished overnight, devastating tens of thousands of small investors, charities and religious groups who continue to struggle to this day.

The former chair of the Nasdaq stock market’s confession that his fabled investment company was “one big lie” came at the depths of the financial crisis and riveted global attention. Amid an alphabet soup of opaque financial products that had crashed the world economy, people could understand this crime.
Continue reading “Article: Bernard Madoff, criminal financier, 1938-2021”