MENU

July, 2018
Archive

584

Starting with Bitcoin – The Ultimate Guide

Sponsored post,

You are likely aware of the buzz surrounding the cryptocurrency industry if you keep up with fintech news. While there are many crypto assets worth focusing on and learning about, one is undoubtedly the most popular, and it is Bitcoin. It has been around for nearly a decade, has the highest total market capitalization, and is easily the most well-known amongst the public owing to its skyrocketing BTC to USD value. (more…)

Fintech news

July 31, 2018

586

How to Start Investing With Small Amounts of Money

By Digvijay

Before you start something new, taking the first step is always the most difficult, liking riding a bike for the first time or catching a plane on your own for the first time. It is pretty much the same with investments. Like everything else, you are probably going to struggle initially and you may not be able to figure out what to do that easily. Under such circumstances, it is quite likely that you may take the help of your family or friends. However, to set yourself on the right track to achieve your investment goals even with a small amount, you will have to take some fundamental steps. (more…)

Fintech news

July 30, 2018

991

Blockchain Technology Will Change How We Conduct Business

Sponsored post,

Blockchain technology was started a number of years ago now and has positively impacted how we conduct business. It was initially meant to formulate the Bitcoin cryptocurrency but has since been an influence in several sectors. The production sector is one that was overshadowed with different challenges especially when it comes to operational readiness. (more…)

Blockchain, Global trends

July 28, 2018

731

Blockchain technology affecting every aspect of our lives

Sponsored post,

Most people are now aware of cryptocurrency and the crypto-markets are continuing to grow at an astounding rate, but many are still aware of how the underlying technology blockchain works and how it is affecting our lives on a daily basis.

(more…)

Blockchain

July 27, 2018

1033

UOB taps Personetics to gain deeper customer insights

United Overseas Bank has invested in Israel-based AI firm Personetics and plans to deploy its cognitive analytic tools to help customers make smarter banking decisions. (more…)

Banks, Fintech news, Global trends, Hotnews

July 20, 2018

Xero selects Gusto as US payroll partner

By Xero,

Xero (ASX:XRO) today announced that Gusto will be the preferred payroll provider for its small business and accountant customers in the U.S. (more…)

Fintech news

July 20, 2018

Early Stage VCs — Be Careful Out There

By Brad Feld, Originally published at Feld Thoughts.

In addition to our own funds, we are investors in a number of other early-stage VC funds as part of our Foundry Group Next strategy. Yesterday, in one of the quarterly updates that we get, I saw the following paragraph.

(more…)

Fintech news

July 20, 2018

777

HSBC Global Head of Digital Says the Bank Is ‘Cautiously Looking’ at Crypto Investment

By Ana Alexandre for Cointelegraph,

Global Head of Digital at HSBC, Josh Bottomley, said that the bank is “cautiously looking” at cryptocurrency use cases, Forbes reported July 19. (more…)

Fintech news

July 20, 2018

757

Fintech Company TrueLayer Raises $7.5M in Funding

TrueLayer, a London, UK-based Open Banking market, financial API platform, raised $7.5m in funding. (more…)

Fintech news, Global trends

July 20, 2018

tZero Extends Security Token Offering Until August 6th

By JD Alios for Crowdfundinsider,

Zero, a subsidiary of Overstock (NASDAQ:OSTK) has extended its ongoing security token offering for individual investors until August 6, 2018. The announcement was shared in an email signed by tZero CEO Saum Noursalehi. (more…)

Fintech news

July 20, 2018

Insurance Technology Sector Overview — Q1 2018

By Venture Scanner,

The insurance technology sector has seen an abundance of activity over the past few years. As we previously analyzed, insurtech funding has shown early signs of maturation and its exit events have seen robust growth.

We will now do a deeper dive of the different components of insurance technology and how they make up this startup ecosystem. We have classified the companies into 14 categories. This blog post will illustrate what these categories are and which categories have the most companies. We will also look at how these categories compare with one another in terms of their funding and maturity.

Insurance Marketplace Is the Largest Insurance Technology Category

Let’s start off by looking at the Sector Map for the insurance technology sector. As of March 2018, we have classified 1503 insurance technology startups into 14 categories that have raised $22 billion. The Sector Map highlights the number of companies in each category. It also shows a random sampling of companies in each category.

(more…)

Fintech news

July 18, 2018

556

MAS to ramp up measures to fight money laundering, terrorism financing

By Annabeth Leow for Business Times

REGULATORS in Singapore are looking to ramp up targeted measures against financial crime, including tapping data analytics and boosting information sharing with financial institutions, said an official from the Monetary Authority of Singapore (MAS) on Wednesday morning. (more…)

Government activities, Hotnews

July 18, 2018

Timing Cashflows of Your Sales Commissions and Your Customers

By Tomasz Tunguz from Redpoint Ventures for his blog

Your sales team is starting to close some terrific accounts. As your startup grows, your sales team will experiment with different sales techniques. For example, qualification, pricing, positioning, incentives and contract structure. This is a wonderful phase for a startup. However, there’s a common mistake to avoid. (more…)

Fintech news

July 18, 2018

Developing Frameworks for ICO Investing

(more…)

Fintech news

July 18, 2018

Yoyo loyalty app reaches one million users

By Yoyo,

Yoyo, the UK’s biggest mobile payments and loyalty marketing platform, has smashed through a milestone by crossing the 1 million user mark – making it one of the fastest growing fintech startups in Europe. (more…)

Fintech news

July 18, 2018

Tradeteq raises $6.3 million

By TradeTeq,

Tradeteq, the trade finance distribution platform, has raised US$6.3mn of equity investment in seed extension funding round, led by ADV. (more…)

Fintech news

July 18, 2018

Tokenised funds to reshape PE/VC fundraising

Initial coin offers (ICOs) and the emergence of tokenised funds — represented by the issue of equity tokens — are set to reshape the dynamics of how private equity (PE) and venture capital (VC) fund managers raise capital, bringing greater transparency and democratisation to the fund management space. (more…)

Fintech news

July 17, 2018

244

JD finds itself in the midst of P2P financing fraud

By Masha Borak for TechNode

E-commerce platform JD.com is facing scrutiny after suspected large-scale fraud has been uncovered involving Feixun (斐讯), a brand sold on JD’s platform. On June 10, a crowd of people that bought Feixun’s products gathered in front of the company’s headquarters in Beijing to protest the platform’s practice saying that they were “victims of P2P finance,” iFeng reports. (more…)

Fintech news

July 16, 2018

306

CEO Problems

By Brad Feld

Originally published at Feld Thoughts.

Recently, I was talking to a CEO of a company I’m on the board of. We were discussing a problem in the category of something new Is fucked up in my world every day (more…)

Fintech news, Global trends, Hotnews

July 16, 2018

Why invest in Fintech? — Monica Brand Engel

Fintech news, Global trends

July 16, 2018

European & Israeli Venture Data 1H18

By Gil Dibner for his blog
A global venture investor. Fascinated by the finance of innovation. Trying to help the few to do the impossible. Investing across Europe + Israel.

A data-driven look at VC investment trends across the geography.

(more…)

Fintech news, Global trends

July 16, 2018

Why Foursquare can change the world

My headline is a bit forward, so let me start by taking a quick step back: I am proud to announce that I am now Chief Revenue Officer (CRO) at Foursquare.

(more…)

Fintech news

July 16, 2018

415

Highlights of the AGATE iFiat Ecosystem

Sponsored post,

Agate, a newly launched decentralized blockchain, offers comprehensive crypto infrastructure for everyday banking and merchant transactions. With one of the highest transaction speeds and a near-instant settlement time, at substantially low-cost transaction fees, Agate is the future of payments arena. Fueled by its independent AGT token, which is utilized for several use-cases within the Blockchain ecosystem, Agate introduces its iFiat ecosystem that offers stability in converting crypto-assets to Fiat currency. This enables a merchant to easily adopt Agate’s crypto-payments platform without risking volatility of such digital assets. (more…)

Blockchain, Cryptocurrencies

July 16, 2018

278

Lessons Learned from 20 Years at the Leading Edge of SaaS

 

By Tomasz Tunguz from Redpoint Ventures for his blog

Over the weekend, I read Tien Tzuo’s book, Subscribed. Tien is the founder and CEO of Zuora, and former CSO/CMO at Salesforce, where he started in 1999. He has been working in SaaS for nearly 20 years. He’s a thought leader in the world of subscriptions, and I learned a tremendous amount from his book. (more…)

Financial Markets / Trading, Global trends

July 13, 2018

342

The Industry Analyst Evaluation Game

By Brad Feld – managing director at Foundry Group

Originally published at Feld Thoughts.

Over the past 25 years, I’ve invested in many startups that sell products to large enterprises. Many of these companies end up either creating or helping to create a new category. As the startups (or the category) become visible, they inevitably attract the attention of industry analysts, who write reports on the categories and the startups as part of the industry analysts’ business.

(more…)

Fintech news, Hotnews, Influences FinTech

July 13, 2018

Crypto Tax Summary

By DAVID SIEGEL is CEO of the Pillar Project, a nonprofit Swiss foundation building the world’s first smart wallet for crypto-assets for his Medium Blog

As part of The Token Handbook, I have just released The Tax Chapter— 8,000 words on tax treatment for crypto-assets. I have also included a short essay on how I think tax should work and how it ties in with a universal basic income. When I speak to audiences, few people know any of this stuff. This does not constitute professional advice, which you should seek separately. Here are some of the key takeaways:

(more…)

Blockchain, Cryptocurrencies

July 13, 2018

Machine Learning is Fun! Part 4: Modern Face Recognition with Deep Learning

By Adam Geitgey for his Medium Blog

Update: This article is part of a series. Check out the full series: Part 1Part 2Part 3Part 4Part 5Part 6Part 7 and Part 8!

You can also read this article in 普通话Русский한국어PortuguêsTiếng Việtor Italiano.

Have you noticed that Facebook has developed an uncanny ability to recognize your friends in your photographs? In the old days, Facebook used to make you to tag your friends in photos by clicking on them and typing in their name. Now as soon as you upload a photo, Facebook tags everyone for you like magic:

Facebook automatically tags people in your photos that you have tagged before. I’m not sure if this is helpful or creepy!
(more…)

AI / Machine Learning / Big Data, Global trends

July 13, 2018

The Four Major Things Missing in The Blockchain Industry

Infrastructure suggestions on everything from UX to Interoperability to Digital Reserves to Stablecoins

By Wesley Graham and Robert Greenfield for their Medium Blog

(more…)

Blockchain, Cryptocurrencies, Global trends

July 13, 2018

340

BPER to implement Meniga PFM suite

By Meniga,

Italian banking group, BPER, has contracted Meniga, the global leader in white-label digital banking solutions, to build its next generation digital banking experience solution. (more…)

Fintech news

July 12, 2018

Time of Security Tokens

By Julian Zegelman for his Medium blog

As blockchains improve in their scalability, usability, and security, so too do the tokens that traverse these digital pathways. As governments and primarily the SEC enter the space, 2018 will be remembered for an entirely new eco-system of evolutionized platforms, decentralized exchanges, and hybrid funds, all looking to capitalize on the trillion-dollar opportunity that is tokenized securities. According to FINMA, the Swiss financial regulatory body, tokens have three functions: payment tokens, utility tokens, or security tokens. Like their name implies, payment tokens are used as a means of currency or payment while utility tokens are intended to provide digital access to an application or service. (more…)

Columns, Cryptocurrencies

July 12, 2018