Three years after its collapse, the men behind Bridge Finance face the law

Three years after its collapse, the men behind Bridge Finance face the law

Earlier this month controversial entrepreneur Corné Aldum and his two sons Maritz and Emile appeared in the specialised commercial crimes court where they were charged with fraud and contravening the Banks Act and the Financial Advisory and Intermediary Services (FAIS) Act. The Aldums were the founders of the Bridge group of companies, which included Bridge […]

The Biggest Tech-Driven Changes Happening in Finance and Banking

The Biggest Tech-Driven Changes Happening in Finance and Banking

The CIA estimates over $80 trillion of global value is stored in cash, banknotes, money markets, and bank accounts. As of 2017, a mere $5 trillion of this was in the form of cold, hard cash. In this two-part series, we’ll cover how the internet, mobile devices, sensors, blockchain, and AI are driving a revolution […]

Financial Aid

Financial Aid

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Protestor Interrupts Blackrock CEO: LIVE BLOG

Protestor Interrupts Blackrock CEO: LIVE BLOG

Happy Thursday.  Sheila Bair, Former FDIC Chair  “The priority right now should be preventing” a crisis, said Bair. “Obviously, bailouts were a crowdpleaser with the financial industry,” said Bair. “Frankly, we should have stood up and had a spine with the banking industry.” Bair believes the crypto market is a “legitimate new asset class.” “People […]