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1032

What can happen when mortgage lenders become VCs

By John Mannes for Techcrunch.com

Buying a home in Silicon Valley is no joke. (more…)

Global trends, Government activities, Hotnews

August 6, 2016

860

Monetary Authority of Singapore Creates Global Panel to Advise on Fintech

By Crowdfunding Insider

The Monetary Authority of Singapore (MAS) has created an blue ribbon International Technology Advisory Panel (ITAP) to advise MAS on global Fintech developments. The list of participants is highly impressive roster of Fintech leaders.  The Panel includes: (more…)

Banks, Deals, Global trends, Government activities, InspirAsia

August 4, 2016

AXA, Alibaba and Ant Financial Services announce global strategic partnership

Press Release

AXA, Alibaba and Ant Financial Services have agreed to engage in a global strategic partnership to jointly explore opportunities to distribute AXA’s insurance products and services through Alibaba’s global ecommerce ecosystem, benefitting the businesses and consumers that transact via Alibaba’s marketplaces. The companies will seek to work together to co-innovate and to develop value-added products and services to customers around the world as well as to mutually support each other in developing and exploring new markets and segments. (more…)

Banks, Deals, Global trends, Government activities, Mobile payments/banking

August 2, 2016

843

How To Rethink Businesses, Ecosystems And Economies Using Blockchains

By Veena Pureswaran, IBM

My family is currently purchasing a new home. One of the painful parts of acquiring a new home, however, is the trail of paper and documents that need to be exchanged, signed and validated. Between mortgage lenders, insurance companies, and government inspections and tests, the process can be lengthy to legally and safely buy a new home. (more…)

Blockchain, Cryptocurrencies, Deals, Fintech news, Global trends, Government activities, Hotnews

July 28, 2016

Citigroup, HSBC Jettison Customers as Era of Global Empires Ends

By Yalman Onaran for Bloomberg
How does a company lose 69 million customers? Just ask Citigroup Inc. (more…)

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

July 28, 2016

771

Smartphone crazy Indians to give a 10X boost to digital payment industry in next four years

By Itika Sharma  for Quartz

Digital payments may be new to India, but the industry is set to grow tenfold in the next four years, thanks to the craze for smartphones. (more…)

Cashless, Fintech news, Global trends, Government activities, Hotnews, Mobile payments/banking

July 26, 2016

964

Digital payments in India seen touching $500 billion by 2020

A Google-BCG report says digital payments industry in India will grow 10 times to touch $500 billion by 2020 and contribute 15% of GDP

(more…)

Global trends, Government activities, Mobile payments/banking

July 26, 2016

750

Florida court proves if you’re a criminal that isn’t using bitcoin, you’re doing it wrong

By Brian Clark for the Next Web

Bitcoin has made millionaires nearly overnight, lost some their life savings, and fluctuates more than a politician during election season, but make no mistake:

it’s not currency, at least to this Florida court. (more…)

Blockchain, Cryptocurrencies, Government activities

July 26, 2016

686

What’s Fintech? Nasdaq and KBW Offer an Answer With a New Index

By TELIS DEMOS for WSJ
Here is Exhibit A for those who think “fintech” is overhyped and for those who think it is just getting started: A new stock index. (more…)

Fintech news, Global trends, Government activities, Hotnews

July 23, 2016

708

Baidu invests in ZestFinance to develop search-powered credit scoring for China

By Jon Russel for Techcrunch.com

Baidu has made its second investment in a U.S. fintech company inside a month after it put an undisclosed sum of money into ZestFinance, a big data firm specializing in credit scoring. Baidu, which operates China’s dominant search platform, took part in a $60 million round for payments firm Circle in June. (more…)

Banks, China, Deals, Fintech news, Government activities, Hotnews, InspirAsia, SME

July 19, 2016

1029

The 16 hottest Nordic fintech startups

By Oscar Williams Grut for Business Insider

Financial technology, better known as fintech, is absolutely exploding around the world right now, with new businesses springing up doing everything from online lending to handling cryptocurrencies. (more…)

Global trends, Government activities, Hotnews, Mobile payments/banking, p2p-payments

July 19, 2016

Lessons from a Long-Forgotten ‘Fintech Bank’

By Bryan Yurkan for American Banker

Sometimes pioneers are forgotten by the time their idea comes into vogue. (more…)

Banks, Columns, Global trends, Government activities, Hotnews

July 14, 2016

693

The Digital Economy Rewards Speed

By Falguni Desai for Forbes

Large companies have amazing brands. They have global armies of salespeople, service teams and staff. Their balance sheets are flush with cash.  But despite their largess, they lack speed. The rise of certain startups is exposing this issue. Employee engagement surveys also point out this weakness. (more…)

Analytics, Global trends, Government activities, Hotnews

July 13, 2016

Startups Try to Spread Outside of Silicon Valley

(more…)

Banks, Global trends, Government activities

July 11, 2016

681

Insurance is ready for an upgrade

By Sam Friedman for Techcrunch.com

Insurance may be widely perceived as a sleepy backwater when it comes to innovation in technology, but that’s about to change. (more…)

Analytics, Global trends, Government activities, Hotnews

July 11, 2016

784

This fintech startup has shaken off Brexit to raise millions more

By Lynsey Barber for CityAM

UK fintech startup Revolut has raised millions of pounds of new funding from top Silicon Valley investors and plans to raise further cash via crowdfunding, shaking off worries over a Brexit slowdown in tech investment. (more…)

Analytics, Fintech news, Global trends, Government activities

July 11, 2016

718

Why FinTech Could Be a Casualty of Brexit

By Aaron Klein for Fortune

But London may remain a finance hub. (more…)

Analytics, Fintech news, Global trends, Government activities, Hotnews

July 11, 2016

718

Uber has found a clever way to bypass a roadblock in Argentina involving bitcoin

By Alison Griswold for Quartz

Uber is facing strong opposition in Buenos Aires, where the company has been operating since mid-April without a permit or tax-identification number. The massively funded startup is being sued by taxi unions. City officials have issued multiple injunctions attempting to bring its service to a halt. And credit card companies have been blocked from processing Uber payments on locally registered cards.

(more…)

Blockchain, Cryptocurrencies, Global trends, Government activities

July 9, 2016

JP Morgan to Launch In-Residence Program for FinTech Startups

By Rebecca Campbell for CCN.LA

Banking giant JP Morgan has recently announced that they will be launching an In-Residence program in a bid to get FinTech startup companies to tackle challenges within the industry. (more…)

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

July 6, 2016

1115

Emerging fintech start-ups from India that are making a mark

By Sadhana Chathurvedula for Live Mint

The transaction value for the Indian fintech sector is estimated to be approximately $33 billion in 2016 and is expected to reach $73 billion in 2020

(more…)

Global trends, Government activities, India, InspirAsia

July 5, 2016

629

Opinion: Brexit is a tragedy, but it could be the making of UK Fintech

By Damian Kimmelman for Techcrunch.com

Let there be no doubt – Brexit is a tragedy. Instead of taking on challenges with its European partners, Britain is taking precisely the wrong course, injecting needless uncertainty and negativity into the economy. (more…)

Global trends, Government activities, InspirAsia

July 5, 2016

730

In race to be Asia’s fintech hub, Singapore leads Hong Kong

By Straits Times

Singapore is rushing to reinvent itself as Asia’s financial technology, or fintech, hub to fend off a regulatory threat to its wealth management industry and revive a sluggish economy. (more…)

Deals, Global trends, Government activities

July 4, 2016

China’s Fintech Party Crasher

By Tim CulpanNisha Gopalan for Bloomberg

It looks like China’s central bank chief just rained on Alibaba’s banking parade. (more…)

Analytics, China, Global trends, Government activities, InspirAsia

June 29, 2016

1013

The Reserve Bank of India Announces Blockchain Committee

By News BTC

India is one of the largest cash dependent nations in the world. A majority of people in the world’s largest democracy have the tendency to use cash for most of the transactions. This has created a challenge for the Indian central bank —The Reserve Bank of India to maintain the liquidity in the country’s monetary system. In order to ensure there are enough bank notes to go around, the premier bank is forced to print more currency and constantly destroy the old banknotes that are either soiled or damaged.

(more…)

Banks, Government activities, India, InspirAsia

June 27, 2016

1114

The Rise of FinTech in Supply Chains

By Dale Rogers for HBR

A new type of services company could transform global supply chains: Financial technology companies that act as intermediaries in facilitating transactions between a company and its suppliers. They enable both the buyer and supplier to improve their working capital by making it possible for the former to extend its payables and at the same time accelerate payment to the latter. This provides both sides with benefits, including greater liquidity and less variability in the timing of payments. (more…)

Analytics, Fintech news, Global trends, Government activities

June 22, 2016

1237

The Tricky Task of Regulating Fintech

By WSJ

Comptroller of the Currency Thomas Curry talks about balancing safety and innovation

(more…)

Analytics, Government activities, Hotnews

June 21, 2016

780

Australian bitcoin exchanges announce Ethereum support

By Gola Yashu for Bitcoin News

Two of Australia’s leading bitcoin exchanges, CoinTree and CoinLoft, have announced this week new services allowing users to purchase a variety of altcoins including ether.

(more…)

Blockchain, Cryptocurrencies, Deals, Fintech news, Government activities

June 14, 2016

847

Fintech helps to push foreign direct investment in UK financial services sector to highest level since 2006

By Hayley Kirton for City AM

Foreign investors can’t get enough of the UK’s financial services market, with a report out today discovering that fintech has helped push foreign direct investment (FDI) to its highest level since 2006. (more…)

Global trends, Government activities

June 14, 2016

Fintech Startup Craves More Regulation

By RACHEL WITKOWSKI and TELIS DEMOS for WSJ

Some financial-technology upstarts are concluding it is better to be regulated than not. (more…)

Government activities

June 10, 2016

MAS Proposes a “Regulatory Sandbox” for FinTech Experiments

By MAS Singapore

The Monetary Authority of Singapore (MAS) today released a consultation paper on proposed guidelines for a “regulatory sandbox” that will enable financial institutions (FIs) as well as non-financial players to experiment with financial technology (FinTech) solutions.

(more…)

Government activities

June 8, 2016