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1094

Fintechs’ Goals Are Changing, VCs’ Appetite Is Not

By Penny Crosman for American Banker

Late last year, we wondered if the fast-growing fintech sector was overheating. At that time, we thought the answer was a qualified “yes”— that some companies were overvalued and there were signs of a bubble forming.

(more…)

Banks, Blockchain, Cryptocurrencies, Global trends

April 22, 2016

806

P2P lending: Does the industry need more than just transparency?

By Harriet Green for City AM

“Skin in the game” is an expression thrown around a lot in the P2P industry. Platforms don’t have banking licences and the majority don’t lend off their own balance sheets. So the question for some time now has been “what loss position will the platform take in the event of loan failure?” (more…)

Banks, Blockchain, Fintech news, Global trends, Mobile payments/banking, p2p-payments

April 22, 2016

765

Mobile giants bust into Singapore e-pay market

By Saheli Roy Choudhury for Yahoo news

The world’s two largest smartphone makers muscled into Singapore’s already-crowded mobile payment space this week, but experts say it may take a while for them to see much enthusiasm from locals. (more…)

Banks, Fintech news, Global trends, Government activities, InspirAsia, Singapore

April 22, 2016

811

The Big Flaw Few are Talking About in Fintech

By  for Fortune

Their business model may need to be changed. (more…)

Banks, Fintech news, Global trends, p2p-payments, p2p/online lending

April 20, 2016

939

Record number of customers switch their bank account

By Tim Wallace for the Telegraph

Record numbers of bank customers switched their current account to a rival lender last month, hinting that competition between banks may at last be taking off. (more…)

Banks, Global trends, Mobile-first banks

April 20, 2016

861

Deutsche Bank Seeks Real-World Impact With Blockchain Strategy

By Pete Rizzo for Coindesk

While major financial institutions are investing more time and resources in investigating the potential benefits offered by blockchain technology, the key question for many is not whether to look into the technology, but how. (more…)

Banks, Blockchain, Cryptocurrencies, Global trends

April 20, 2016

1148

Banks and fintech in 2025: An unlikely alliance

By  for Techcrunch

Banking as we know it is in the midst of its first fundamental remaking in centuries. What’s driving this transformation? Two major shifts: our transition to interacting with money digitally instead of physically, which opened finances to tech disruption, and a tech wave that has changed the way consumers define ease and convenience. (more…)

Banks, Global trends

April 20, 2016

652

India’s Central Bank Head: Central Banks Are Doing More Harm Than Good

By Elliot Maras for Cryptocoinsnews

Raghuram Rajan, the governor of the Reserve Bank of India, questions the unconventional monetary policies central banks are pursuing and claims that pushing down interest rates results in people saving rather than spending. Rajan’s views echo those who criticize central bank policies, which have included restraining digital currencies. (more…)

Banks, Cryptocurrencies, Fintech news, India, InspirAsia

April 19, 2016

991

DBS Bank Report: Blockchain Technology to Unlock Southeast Asia’s Potential

By FintechNews Singapore

The most transformative blockchains will be those that can work across geopolitical boundaries and Southeast Asia has the most potential that can be unlocked with this technology, according to a new report by DBS Bank. (more…)

Banks, Blockchain, Cryptocurrencies, Global trends, Government activities

April 19, 2016

690

Why big banks won’t be able to join the fintech boom

By Matthew Lynn for the Telegraph

Peer-to-peer lending. Robot financial advisers. Crowd funding. Alternative currencies. Every day seems to bring news of another whizzy new financial technology start-up.

(more…)

Banks, Fintech news, Global trends

April 19, 2016

830

5 things you need to know in Australian tech today

By Harry Tacker for Business Insider

Welcome to a new week, this is what you need to know in tech. (more…)

Banks, Fintech news, Global trends, Government activities

April 19, 2016

848

Visa, Malaysian Islamic banking association on the lookout for best fintech startups in ASEAN

By Sainul Abudheen K for E27.com

The competition is open to residents of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam (more…)

Banks, Deals, Global trends, p2p-payments

April 18, 2016

691

UK banks have yet to address the elephant in the room: Their current business model is unsustainable

By Bill Michael for CityAM, Bill Michael is global head of banking at KPMG

It was another tough year for UK banks in 2015, and the challenges look set to continue. Our high-street banks are at a vital juncture: they’ve survived the crisis and are now preparing for one of the biggest overhauls of UK banking we have ever known with the introduction of ring fencing. (more…)

Banks, Fintech news, Global trends, Government activities

April 14, 2016

600

This Former Regulator Is Now a Bitcoin Backer

By Reuters

He used to warn about cybersecurity. (more…)

Banks, Blockchain, Cryptocurrencies, Global trends

April 14, 2016

784

Blockchain will usher in the era of decentralised computing

By Bruce Pon For LSE Business Review

By now, you’ve heard of blockchain, the technology that underlies Bitcoin. Blockchains are a type of decentralisation technology that will fundamentally change the way our financial services, industries and government operate. (more…)

Banks, Blockchain, Cryptocurrencies, Fintech news, Global trends

April 14, 2016

766

Deals: Luka, with $4.42 million in Series A, releases AI-powered chat bots

By Jordan Crook for Techcrunch

Just in time for the chat bot craze, Startup Battlefield alum Luka is enhancing its AI-powered messaging service with a variety of smart bots to help users get whatever they desire. (more…)

Banks, Deals, Fintech news, Global trends, InspirAsia

April 12, 2016

681

Beware of fintech’s pivot east

By Nancy Hulgrave for CNBC

Ever since former Barclays chief executive Antony Jenkins declared an “Uber moment” for banks, the powers that be from the Square Mile to Canary Wharf have rushed to defend themselves against a herd of ambitious Unicorns.

(more…)

Banks, Fintech news, Global trends, Government activities, InspirAsia

April 12, 2016

1026

Is Regulation Coming to Online and Marketplace Lending?

By Mark Prosser for Forbes

The rapid growth of alternative and marketplace lenders is often attributed to the fact that they don’t face the same strict regulations as banks. But could that change soon? In the last nine months, regulatory tremors have rippled through the online lending space. (more…)

Banks, Cashless, Deals, Fintech news, Global trends

April 12, 2016

1026

MUFG Building Blockchain Proof-of-Concept for Promissory Notes

By Stan Higgins for Coindesk

Blockchain startup Chain has inked a new deal with Bank of Tokyo-Mitsubishi UFJ (MUFG), a partnership that will initially see the two firms working on a blockchain proof-of-concept focused on the exchange of promissory notes. (more…)

Banks, Blockchain, Cryptocurrencies, Global trends, InspirAsia

April 12, 2016

823

Big banks shift fintech strategy

By Jon Marino for CNBC

Wall Street is looking for M&A or partners, and fewer investments, as fintech funding grows. (more…)

Banks, Fintech news, Global trends, InspirAsia

April 12, 2016

547

Venture capital deals hit speed-breaker

By Meera Siva for the Hindu Business Line

Fall in deal valuations and fewer exit opportunities affecting new investments

(more…)

Banks, Global trends

April 11, 2016

619

The delayed revolution in digital financial services

By  for Techcrunch.com

Technology has transformed how we work, communicate and travel. In contrast, modern digital technology has not yet transformed financial services. Open data is the key to change in this sector of the economy. (more…)

Banks, Global trends

April 10, 2016

485

Start-Ups Aim at Overlooked Demographic: The Unbanked

By Nathaniel Popper for CNBC

Last summer Jimmy Chen walked the streets of San Francisco trying to do simple financial transactions without a bank account, a task millions of Americans face. (more…)

Banks, Fintech news, Global trends

April 10, 2016

727

Bitcoin Payments Company Circle Scores Partnership With Barclays and E-Money License for UK Expansion

By Giulio Prisco for Bitcoin magazine

“Bitcoin Bank” Circle announced that people in the U.K. can now experience social payments over the open Internet in their native currency, pound sterling (GBP), using Circle’s updated apps for Android, iOS and the Web. The company was granted an e-money license by the U.K. Financial Conduct Authority. (more…)

Banks, Fintech news, Global trends

April 9, 2016

634

BNP Sees 3 Reasons Why Crowdfunding Could Benefit from Blockchain

By Pete Rizzo for Coindesk

BNP Paribas is choosing to begin its public experiments with blockchain tech by pursuing one of its less discussed use cases – crowdfunding. (more…)

Banks, Deals, Fintech news, Global trends, InspirAsia

April 9, 2016

663

Fintech Is Hot, But The Demise Of Traditional Banking Has Been Greatly Exaggerated

By Chris Myers for Forbes

It’s no secret that Silicon Valley is always on the lookout for the next big thing. It’s that drive to test, innovate, and explore that keeps the technology sector hurtling forward at breakneck speed. (more…)

Banks, Global trends

April 9, 2016

1095

From Wall Street Banking, a New Wave of Fintech Investors

By Liz Moyer for the New York Times

Finance is where they built their careers. Now some of banking’s former stars are pouring millions of dollars — and in some cases staking their careers — into new technologies that are shaking up everything from lending to payments to investing. (more…)

Banks, Blockchain, Global trends

April 7, 2016

730

Fintech’s $138 billion opportunity

By Ryan Falvey for Techcrunch.com

Fintech is in the midst of a golden age of investment and innovation. According to KPMG and CB Insights, investments in fintech startups doubled between 2014 and 2015, to $14 billion. However, comparatively little of this money has been focused on the $138 billion market opportunity to disrupt alternative financial services in the United States. This lack of focus is damaging America’s financial health. So why hasn’t fintech done more to meet this vast market need? (more…)

Banks, Fintech news, Global trends

April 7, 2016

914

A Strategist’s Guide to Blockchain

by John Plansky, Tim O’Donnell, and Kimberly Richards for Stategy + Business

The distributed ledger technology that started with bitcoin is rapidly becoming a crowdsourced system for all types of verification. Could it replace notary publics, manual vote recounts, and the way banks manage transactions? (more…)

Banks, Blockchain, Cryptocurrencies

April 7, 2016

808

Money 20/20 Europe: Blockchain rules rule

By Antony Peyton for the Banking technology

The blockchain (and bitcoin) industry welcomes regulations, but has to share the limelight with other digital currencies, as regulators look to deal with its rise and implications. (more…)

Banks, Blockchain, Cryptocurrencies, Fintech news, Global trends

April 7, 2016