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237

How to find the nearest location to buy/sell bitcoins

Cryptocurrency has revolutionized the way people transact business in the modern world. It is not only helping to grow businesses across the world but also enabling people to interact and grow together. It has grown over time and so far, it is recording a great progress of how different people are adopting it. Selling and buying of bitcoins can be easy when you have a starting point. (more…)

Cryptocurrencies, Hotnews

January 22, 2018

200

Indian Banks Suspending Bitcoin Exchange Accounts

Bitcoin exchanges are under fire in India, as many of the nation’s top banks have suspended or greatly curtailed functionality on exchange accounts. State Bank of India (SBI), Axis Bank, HDFC Bank, ICICI Bank and Yes Bank have all taken strong action toward crypto exchanges, either closing accounts or severely limiting functionality. The banks cite the risk of dubious transactions, according to local reports. (more…)

Blockchain, Cryptocurrencies, Global trends, Government activities, Hotnews

January 22, 2018

412

Goldman Sachs leads $38m Visible Alpha funding round

Investment research technology firm Visible Alpha has expanded its roster of big Wall Street name backers and set its sights on MiFID-led European growth after closing a $38 million funding round led by Goldman Sachs. (more…)

Banks, Deals, Hotnews

January 22, 2018

207

Citi Ventures taps into student talent though universities programme

Citi has launched a programme that embeds students from leading universities into its innovation efforts, enabling participants to earn course credit for work with the bank on emerging technologies such as machine learning and big data analytics. (more…)

Banks, Hotnews

January 22, 2018

1549

Content Discovery: Solving The Problem Of Information Overload

By Dmitriy Solodkiy, data scientist and blockchain evangelist at NVB

Cram them full of non-combustible data,

chock them so damned full of ‘facts’ they feel stuffed,

 but absolutely ‘brilliant’ with information.

 Then they’ll feel they’re thinking,

they’ll get a sense of motion without moving.

And they’ll be happy,

 because facts of that sort don’t change.”

Ray Bradbury, Fahrenheit 451

(more…)

Columns, Global trends, Hotnews, Influences FinTech

January 18, 2018

413

Revolut launches geolocation-powered travel insurance

By Romain Dillet for TC

Fintech startup Revolut is launching international medical and dental insurance. You can subscribe using the company’s app for £1 per day or more depending on the options. (more…)

Global trends, Hotnews, Mobile-first banks

January 17, 2018

275

Moneybank.Vn — First International Peer-To-Peer Lending Platform Taps Into Vietnamese Market

By FintechNews.sg

Singapore-based consumer finance group Silkway Ventures has expanded its operations to Southeast Asian region by opening a subsidiary in Vietnam. (more…)

Global trends, Hotnews

January 17, 2018

309

Vantiv closes Worldpay acquisition

By Vantiv

Vantiv, Inc., a leading provider of payment processing services and related technology solutions for merchants and financial institutions in the U.S., announced today that it has completed its acquisition of Worldpay Group plc, a leader in technology-led payment solutions. (more…)

Fintech news, Global trends, Hotnews

January 17, 2018

288

TransferWise begins private launch of its consumer borderless account and bright green debit card

By Steve O’Hear for Techcrunch

Money transfer company TransferWise has begun a private launch of its “Borderless account” for consumers. It marks the first time the European unicorn has offered a debit card (pictured below), a move that is bound to draw further comparisons with newer fintech upstarts such as Revolut. (more…)

eWallets, Global trends, Hotnews, Remittances

January 9, 2018

406

Peer to Peer Robo-Lending Platform InvestUp Sizes Up Cryptocurrency Investing

FCA authorised crowdfunding aggregation platform InvestUp may be going crypto. The UK based Fintech has so far focused on the peer to peer lending space but management is currently looking at adding algorithm driven cryptocurrency investing. (more…)

Cryptocurrencies, Global trends, Hotnews

December 26, 2017

628

Open Banking: What Will Next Christmas Bring?

Last Christmas I had two permanent bulges in my trouser pockets thanks to my ever present wallet and mobile phone. I bought presents with my traditional bank account card using online and contactless services and I used the ATM to withdraw cash to go to the Christmas parties I attended.  (more…)

Government activities, Hotnews, Open Source/ API

December 26, 2017

624

Japanese and Korean banks to test RippleNet for cross-border funds transfers

Japanese and Korean banks are to run pilot trials of real-time cross-border funds transfers over the Ripple network. (more…)

Banks, Blockchain, Deals, Fintech news, Hotnews

December 22, 2017

373

Ant Financial, Didi, and Xiaomi named top 3 Chinese unicorns, says Hurun Report

The Hurun Research Institute released today the Hurun Greater China Unicorn Index 2017, where Ant Financial, Didi Chuxing, and Xiaomi top the chart. The report listed out 120 best unicorns in the Greater China region that are valued over $1 billion as of the end of November 2017. (more…)

Fintech news, Global trends, Hotnews, InspirAsia, SME

December 22, 2017

493

eToro to Build Blockchain-Based Social Trading Products in Partnership with CoinDash

by David Penn for Finovate

With bitcoin futures hitting the market this week, we should have guessed that the social trading innovators at eToro would find a way of further leveraging their unique approach to trading to the burgeoning bitcoin market. And so we were pleasantly not surprised to learn that eToro has partnered with cryptocurrencyportfolio management specialist, CoinDash, to develop a suite of blockchain-based products for social trading. (more…)

Blockchain, Fintech news, Global trends, Hotnews

December 20, 2017

285

Azimo Brings Faster Money Transfers to Nigeria

By Julie Munh for Finovate

International remittance service Azimo has sped up money transfers in Nigeria. Just shy of a year after launching its service in the African country, the U.K.-based company announced last week it has enhanced that service. (more…)

Hotnews, Remittances

December 20, 2017

578

Barclays begins preparations for Open Banking

With just a month to go until the arrival of Open Banking in the UK, Barclays has moved to take advantage with the publication of a primer for consumers on what the new rules mean. (more…)

Banks, Hotnews, Open Source/ API

December 20, 2017

380

Insurtech Lemonade Raises $120 Million in Round led by SoftBank

Prominent Insurtech firm Lemonade is having a pleasant Holiday season following the announcement they have raised $120 million to fuel platform growth. The funding round was led by SoftBank, a group that has been highly active in the Fintech sector. Valuation was rumored to be over $500 million. Lemonade last raised funding a year ago with a $34 million Series B led by General Catalyst and included the participation of GV (aka Google Ventures), Tusk Ventures and Thrive Capital. (more…)

Deals, Fintech news, Global trends, Hotnews, Insurance

December 20, 2017

236

PayPal backs pan-European savings deposit marketplace Raisin

By Steve O’Hear for TechCrunch

Raisin, the savings deposit marketplace that lets you shop for a better interest rate across Europe, has picked up backing from PayPal. Described as a “strategic investment,” the new funding round remains undisclosed. (more…)

Fintech news, Global trends, Hotnews, Payment processors/providers/gateways

December 20, 2017

333

ING bond traders get cognitive boost with Katana

ING is rolling out an artificial intelligence (AI) tool, Katana, designed inhouse to help traders decide what price to quote when a client wants to buy or sell a bond. (more…)

Banks, Global trends, Hotnews

December 13, 2017

353

UK alternative finance market is now worth £4.6 billion

The UK online alternative finance market grew 43% in 2016 to reach £4.6 billion, buoyed by increased institutional investment and a sustained pick up in innovative business lending models. (more…)

Global trends, Hotnews, p2p/online lending

December 11, 2017

319

6 red flags of an ICO scam

By Deep Patel for Tech Crunch

ICOs have opened to the general public investments in blockchain ventures. In the third quarter of 2017 alone, ICOs raised more than $1.3 billion for crypto ventures — approximately five times more than funding raised through venture capital in the blockchain space. (more…)

Cryptocurrencies, Global trends, Hotnews

December 8, 2017

Chinese bike-sharing start-up Ofo raises $1bn

China’s bike-sharing start-up Ofo has raised $1bn from investors including Alibaba, according to two sources familiar with the deal. Ofo provides dockless GPS-tagged bikes which can be unlocked using a smartphone app. (more…)

Deals, Hotnews

December 8, 2017

386

Payoneer banks investment from China Broadband Capital

By Payoneer

Payoneer, an innovative digital payments company transforming the way businesses send and receive cross-border payments, announced today that China Broadband Capital (CBC), one of China’s leading investment funds, has made an investment in the company. (more…)

Deals, Hotnews, Payment processors/providers/gateways

December 6, 2017

334

Affirm Said To Eye $150M Capital Raise On $1.5B Valuation

Affirm Inc., an online lender, is reportedly in late-stage talks to land a new round of financing that would propel it to unicorn startup status. (more…)

Deals, Fintech news, Global trends, Hotnews, Payment processors/providers/gateways

December 6, 2017

222

Intuit’s ‘rise of the rest’ M&A strategy means large paydays outside the Valley

By Danny Crichton for Techcrunch

This morning, Frederic reported that Intuit has acquired TSheets, a time-tracking service, for $340 million. That’s one of the highest prices that Intuit has ever paid for an acquisition, roughly equal to the cost of the company’s acquisition of Mint Bills / Check in 2014, and slightly smaller than the acquisition of Demandforce in 2012 for $423 million (which Intuit has since divested in). (more…)

Deals, Global trends, Hotnews

December 6, 2017

196

Raisin grows banking panel to 40 as customer numbers rise to 100,000

Shortly before the end of the year, Raisin has reached two further important milestones: The total number of customers has grown to 100,000 and, in addition, Raisin has integrated more than 40 partner banks from 18 European countries. (more…)

Global trends, Hotnews

December 6, 2017

305

Hope grows that a larger SEC crackdown on ICOs is coming — and soon

By Connie Loizos for techcrunch

More than $3 billion has been raised through so-called initial coin offerings so far in 2017. Yet while numerous of these have already proven to be good old-fashioned scams, regulators in Washington have remained relatively quiet aside from warning issuers that at least some coins sold in ICOs could be considered securities; publishing a statement saying celebrity endorsements of ICOs may be unlawful without appropriate disclosures around compensation; and bringing two cases against fraudulent coin offerings. (more…)

Blockchain, Cryptocurrencies, Fintech news, Hotnews

December 6, 2017

Target launches mobile wallet

Following in the footsteps of Walmart and CVS, Target has become the latest American retail giant to launch its own mobile payments service. (more…)

eWallets, Fintech news, Global trends, Hotnews

December 5, 2017

145

R3’s Corda arrives on AWS Marketplace

By R3

Enterprise software firm R3’s Corda has become one of the first distributed ledger technology (DLT) solutions available to users of Amazon Web Services (AWS), enabling AWS’s network of users to build and deploy applications for finance and commerce on R3’s Corda. (more…)

Deals, Hotnews

December 5, 2017

205

WePay CEO On Chase Acquisition And What’s Next

“A couple of years ago, everyone was talking about integrated payments,” WePay CEO Bill Clerico told Karen Webster in a recent conversation. “Now people aren’t just talking about it – they are doing it and focusing in on it.” (more…)

Banks, Deals, Global trends, Hotnews

December 5, 2017