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January, 2018
Archive

747

A VC’s take on evaluating cryptocurrencies

By Justine and Olivia Moore – Venture investors at CRV

Living in Silicon Valley, we’ve found it impossible to avoid crypto mania. Cryptocurrencies have created an opportunity for wealth creation unlike anything else in recent history, and it seems like almost everyone is getting in the crypto game. However, despite all the buzz around the space, it’s hard to find a robust investment framework to evaluate new coins. (more…)

Fintech news

January 31, 2018

1021

South Korea doesn’t intend to shut down virtual coin trading: finance minister

South Korea’s finance minister said on Thursday the government has no plans to shut down cryptocurrency trading, affirming market speculation that the authorities won’t go as far as China, which has blocked virtual coin platforms. (more…)

Cryptocurrencies, Government activities, Hotnews

January 31, 2018

722

OurCrowd has raised $650 million for 145 startups and will top $1 billion in 2018

By Steward Rogers for Venture Beat

Israel punches well above its weight on the world stage, especially when it comes to tech startups. As I detailed back in October 2017, while there is one trait the region could rid itself of, the DNA of the region lends itself to success. (more…)

Crowdfunding/investing

January 31, 2018

806

French PFM Innovator Linxo Partners with Raisin

By David Penn for Finovate

A Franco-German alliance has formed with Linxo and Raisin teaming up to target the European savings sector, reports Antony Peyton of Fintech Futures (sister publication of Finovate). (more…)

Deals, Fintech news, Hotnews

January 31, 2018

664

Facebook Bans Cryptocurrency, ICO Ads Because Of ‘Deceptive Promotional Practices’

By Andrew Marshall for CoinTelegraph

Facebook has updated its advertising policy, announcing in a blog post Tuesday, Jan. 30 that it prohibits ads that use “misleading or deceptive promotional practices,” which, according to the social media platform, includes ads of cryptocurrencies and Initial Coin Offerings (ICOs). (more…)

Cryptocurrencies, Global trends

January 31, 2018

604

BPCE to deploy Meniga software

By Meniga

BPCE, the leading French banking group, today announced that it has signed a partnership agreement with Meniga, the global leader in digital banking solutions. The agreement will see BPCE deploy Meniga’s technology across BPCE’s Banques Populaires and Caisses d’Epargne in France. (more…)

Banks

January 31, 2018

ING introduces Receipts & Invoices app for SMEs

ING has built a ‘digital shoebox’ app that lets small business clients use their phone cameras to scan receipts and bills, then link them directly to transactions.

Currently available in the Netherlands, where it has already attracted over 42,000 users since launching in November, the Receipts & Invoices app promises to make paperwork simpler for small firms.

(more…)

Banks, SME

January 31, 2018

799

Moven signs MoU with Japan’s SBI Holdings

Japanese financial service giant SBI Holdings is to invest in PFM provider Moven and establish a joint venture to sell the company’s technology in Asia. (more…)

Banks, Global trends, Hotnews, Mobile-first banks

January 31, 2018

GoCompare opens up APIs to fintech firms

UK price comparison site GoCompare is opening up its APIs to fintech firms, letting them pump in anonymised transaction data for analysis.

The Machine Learning for Fintech project will give free access to APIs focused on transaction categorisation, merchant identification and insight on predicted spending.

(more…)

Global trends, Open Source/ API

January 31, 2018

SEC halts alleged ICO scam

By SEC

The Securities and Exchange Commission obtained a court order halting an allegedly fraudulent initial coin offering (ICO) that targeted retail investors to fund what it claimed to be the world’s first “decentralized bank.” (more…)

Fintech news

January 31, 2018

KODAKCoin ICO Moves into Accredited Investor Stage, Warns of Bogus KODAKCoin ICO Websites & Facebook Pages

One of the most anticipated initial coin offerings (ICO) in 2018, Kodak and its KODAKCoin security token has shared more than 40,000 potential investors have expressed interest in participating in the funding round. KODAKCoin is now moving to the “accredited investor verification phase” where individuals must validate their investor status. KODAKCoin expects this process to take weeks as they sort through all of the documentation. (more…)

Cryptocurrencies, Fintech news

January 31, 2018

709

MoneyGram CEO Plans Waves With Ripple

Headlines swirl around the price of bitcoin and its cryptocurrency cousins, around psychological barriers tied to $10,000 thresholds, around raids on suspect operators, around tax rates in South Korea and hacks of crypto exchanges. (more…)

Cryptocurrencies, Fintech news, Global trends, Remittances

January 30, 2018

548

Hong Kong plans TV ad campaign to warn against ICO and crypto investments

By Jon Russel for TC

Most financial authorities worldwide have warned their citizens on the risks of buying bitcoin or investing in ICOs, but Hong Kong is going a step further. Concern is such in the country that authorities are taking to TV and other media to warn of the risks of investment. (more…)

Cryptocurrencies, Government activities, InspirAsia

January 30, 2018

557

Google confirms investment in Indonesia’s ride-hailing leader Go-Jek

By Jon Russel for TC

Google has confirmed its investment in Go-Jek, the hail-railing service that rivals Uber and Grab in Indonesia. (more…)

Deals, Global trends

January 30, 2018

809

Santander InnoVentures, appoints Mario Aransay as partner

By Santander,

Santander InnoVentures today announces that Mario Aransay has been made partner of the $200M corporate venture fund of Santander Group, having spent a successful two years as head of Portfolio Partnerships. (more…)

Banks, Deals, Fintech news, Hotnews

January 30, 2018

428

ING acquires a majority stake in Payvision

ING has spent EUR270 million to acquire a 75% stake in international card acquirer and payments platform Payvision. (more…)

Banks, Payment processors/providers/gateways

January 30, 2018

478

TrueLayer connects with Monzo API

By Truelayer

TrueLayer, a leading provider of financial APIs, has integrated with challenger bank Monzo. (more…)

Mobile-first banks, Open Source/ API

January 30, 2018

1092

Southeast Asia sees record startup funding in 2017

By Judith Balea for Tech in Asia

Funding for Southeast Asian startups hit yet another record in 2017, as late-stage companies attracted more investor backing. Activity also picked up in the series B or growth stage.

(more…)

Fintech news, Global trends, Hotnews, InspirAsia

January 29, 2018

554

Ripple and Coinbase investor Greg Kidd backs digital money platform Uphold

By Uphold

Uphold, the digital money platform, today announced that it has entered into a $57.5 million partnership with Greg Kidd, investor in Ripple, Square, Coinbase and others, to increase its loss assurance for consumers to around 20% of total current crypto holdings – an industry-leading move where most companies offer little or no consumer coverage. (more…)

Cryptocurrencies, Fintech news, Global trends

January 29, 2018

465

Fintech Broker Firm Robinhood Announces Free Bitcoin & Ethereum Trading For Users

By Samantha Hurst for Crowdfund Insider

Robinhood, a fintech broker firm, announced this week its new bitcoin and other cryptocurrencies investment platform, which its services are 24 hours a day available the platform is commission-free. (more…)

Fintech news, Global trends

January 29, 2018

738

Bank of England resolves tech glitch; Monzo shows JPMorgan how to handle outage news

The Bank of England says it has resolved an IT glitch which hit bank-to-bank transactions in the wholesale markets yesterday. (more…)

Banks, Hotnews

January 29, 2018

682

Baidu seeks to raise $2bn for finance unit

Chinese search engine Baidu is looking to raise up to $2 billion to take on fellow tech behemoths Alibaba and Tencent in the financial services sector, according to Reuters. (more…)

Fintech news, Global trends, InspirAsia

January 29, 2018

942

Bank-based blockchain projects are going to transform the financial services industry

By Hugh Harsono for Techcrunch

Cryptocurrencies are constantly evolving, with popular currencies such as Bitcoin and Ethereum maintaining their popularity despite recent market corrections. (more…)

Banks, Blockchain, Cryptocurrencies, Global trends, Hotnews

January 29, 2018

431

Equity Markets vs. Cryptocurrency Markets: Weekly Performance Review

By Vlad Smerkis for COintelegraph

Developed equity markets globally continued to outperform most cryptocurrencies last week, as they have since the start of the year. The top equity market for both the past week and year-to-date is Hong Kong, with the Hang Seng Index advancing 2.8 percent for the week to close at 32,255, and up 10.8 percent year-to-date. In second place was the S&P 500, up 2.2 percent for the week and 7.5 percent year-to-date, and then the Shanghai Composite, which advanced 2.0 percent for the week and 7.6 percent year-to-date. (more…)

Cryptocurrencies

January 29, 2018

798

How blockchain could kill both cable and Netflix

By Rizvan Virk for Venture Beat

Blockchain technology, powered by nodes of peer-to-peer computers around the world, is on the rise. So can we expect decentralized entertainment applications built on blockchain to replace streaming services like Netflix or Amazon and be the final death knell for Cable? (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

January 29, 2018

Silicon Valley VCs See Green In Telegram’s $600M ICO

Three big Silicon Valley venture capital firms want to invest in Telegram’s initial coin offering (ICO), The Financial Times reported. (more…)

Cryptocurrencies, Fintech news, Global trends

January 29, 2018

680

A Beginners Guide to Cryptocurrency Trading

2017 was a break-out year for cryptocurrencies. The mainstream media began to consistently discuss the value of cryptocurrencies as bitcoin hit a fresh all-time high.  Cryptocurrencies are digital currencies that have a finite number of coins that can be created. The most popular cryptocurrency is bitcoin, whose rise from $1,000 to $19,000 per coin in late 2017 took the world by storm. However, there are several other cryptocurrencies that are actively traded including Ethereum, Litecoin and Ripple. (more…)

Cryptocurrencies, Global trends

January 29, 2018

3186

Traditional banks hate crypto – Part II

By Slava Solodkiy, Managing Partner at Life.SREDA VC

At the end of 2017 and beginning of 2018 Bitcoin investors were claiming Australia’s banks are freezing their accounts and transfers to cryptocurrency exchanges, with a viral tweet slamming the big four and an exchange platform putting a restriction on Australian deposits. (more…)

Columns, Fintech news, Global trends, Hotnews

January 25, 2018

World’s First Cryptocurrency Airport In Brisbane

By Jon Buck for Coin Telegraph

Brisbane Airport (BNE) will soon become the first cryptocurrency airport terminal, according to reports from local media. The airport is working with local and international companies to make the entire terminal cryptocurrency friendly, with stores, coffee shops and restaurants accepting BitcoinEtherand Dash. (more…)

Blockchain, Cryptocurrencies

January 25, 2018

1229

Tradeshift Launches Innovation Lab to Bring the Blockchain to Business Commerce

Business commerce platform Tradeshift announced today the launch of Tradeshift Frontiers, an innovation lab and incubator designed to apply emerging technologies like AI, distributed ledgers, and IoT to business networks, supply chains, and global trade. (more…)

Blockchain, Fintech news, Global trends, Hotnews

January 25, 2018