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730

These Young Female Entrepreneurs Are Tackling Big Problems

By Kia Kokalitcheva for Fortune

Teens girls who competed in the #BuiltByGirls Challenge took on wasted food and sexual assault. (more…)

Analytics, Banks, Hotnews

September 12, 2016

768

Blackstone’s Schwarzman Invests in Elite Education in China

By Charles Hutzler for WSJ

Master’s program focuses more on cultivating leadership skills than academics (more…)

Banks, Global trends, Hotnews

September 10, 2016

852

Paypal brushes-off request from Palestinian tech firms to access the platform

By Mike Butcher for TechCrunch.com

Some people might be wondering why a hashtag to do with Paypal has been blowing up on twitter in the last two days. The #PayPal4Palestine hashtag has been making waves on social media after 43 companies and organizations in Palestine published an open letter to Paypal asking for the payment platform to work there. The move came only after PayPal ignored their requests for a formal meeting. (more…)

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

September 10, 2016

833

Takeaway from Finovate and Next Money: Ditch the Humans

By Brian Yurcan and Tanya Macheel for the American Banker

While much of fintech over the last few years has been about improving the front end of banking, the focus is now shifting to streamlining the back office. (more…)

Analytics, Global trends, Hotnews

September 10, 2016

976

MoneyGram and Walmart launch money transfer platform

MoneyGram (MGI) and Walmart announced the launch of a new state-of-the-art online money transfer platform that offers customers new features and a streamlined experience when sending money through Walmart.moneygram.com. (more…)

Cashless, Fintech news, Hotnews, Mobile payments/banking, SME

September 7, 2016

938

iZettle buys intelligentpos to expand from mobile payments to commerce solutions

By Ingrid Lunden for techcrunch.com

While Square continues to take small steps into Europe, a would-be homegrown rival has made its first acquisition to expand from mobile payments into a wider set of commerce solutions. iZettle — the Swedish mobile payments startup backed by the likes of Intel, American Express and Spanish banking giant Santander — has bought intelligentpos, whose cloud-based software lets businesses in the hospitality and other industries manage their inventory, loyalty programs and customer flow. (more…)

Analytics, Cashless, Fintech news, Global trends, Hotnews, Mobile payments/banking

September 7, 2016

783

Divido raises £2.5M to let you spread cost of purchases while retailers get paid immediately

By Steve O’Hear for Techcrunch.com

The UK’s Divido is one of a number of startups and tech companies operating in the point of sale consumer finance sector. Its alternative payment option lets customers spread the cost of any purchase over a period of time while the retailer gets paid in full right away. (more…)

Analytics, Deals, Fintech news, Hotnews, Mobile payments/banking, POS/mPOS and online acquiring

September 6, 2016

578

U.K. Fintech Firm LendInvest Looks To Double Down After Brexit Vote

By WSJ

The threat of Brexit has failed to dent the plans of LendInvest, the U.K. online property lender that is looking to double in size. (more…)

Hotnews, p2p/online lending

September 6, 2016

646

Forget universities and let entrepreneurs lead Australian innovation

by Steve BaxterI have judged more than 20 start-up weekend events – if you have not been to one I highly recommend it. (more…)

Fintech news, Global trends, Hotnews, InspirAsia

September 5, 2016

2659

从 BaaS 到金融技术 (Fintech)银行

By Life.SREDA VC

Fintech 目前正在经历一场自然进化 阶段。 之前的三年是“ 牙刷“时代: 您只执行一种功能,但是比任何人都 好,您无可替代,被每日使用。 等待 已久的转折点在2015年到来,所有服 务开始以某种方式融合。 这可以理解 — 如果第一批高级客户准备好用明显 不同的成分亲自烘焙一个蛋糕, 大众 客户想要获得一个舒适的、具有无缝 集成的服务生态系统,允许客户轻松 使用在另一个里面的服务的数据和享 有联合使用的益处。

Download Korean , Japanese or Chinese version of a Report

or  Download A Full English Version (more…)

Analytics, Banks, Global trends, Hotnews

September 3, 2016

926

India’s financial giant Paytm nabs $60M at $4.83B valuation, raising $240M more

 By Ingrid Lunden for Techcrunch.com

On the heels of large investments made in Flipkart and Snapdeal, another e-commerce juggernaut in India is closing in on an outsized round of funding to tap into India’s fast-growing, smartphone-fuelled economy. (more…)

Global trends, Hotnews, InspirAsia

September 1, 2016

1310

How the blockchain could make you thousands through car shares and selling electricity

By Don Tapscott for Wired

The Internet of Things will be powered by the blockchain, transforming how we live (more…)

Blockchain, Cryptocurrencies, Fintech news, Hotnews

September 1, 2016

1092

Andreessen Horowitz’s Returns Trail Venture-Capital Elite

By ROLFE WINKLER for WSJ

Rare look at startup investors’ performance shows Andreessen Horowitz lags Sequoia, Benchmark, Founders Fund (more…)

Deals, Global trends, Hotnews

September 1, 2016

1952

Mondo becomes Monzo

By Finextra

After sifting through thousands of submissions from the public and rejecting such tempting options as Banky McBankface and Mayonnaise, British app-only challenger bank Mondo has unveiled its new name: Monzo (more…)

Banks, Fintech news, Global trends, Hotnews

August 29, 2016

1017

Fintech Groups Will Unite Into Global Hubs

By Reuters

Federation will enable collaboration among groups from more than 20 countries. (more…)

Global trends, Hotnews

August 26, 2016

940

LendUp fights big banks with $47M for compassionate credit cards

By Josh Constine for Techcrunch.com

Banks win when the poor lose. Credit cards can trap people in debt and bleed them dry with late fees. But it’s this exploitative experience that makes banks vulnerable to fintech startups like LendUp that are willing to undercut them and make up margin with software efficiency. (more…)

Banks, Global trends, Hotnews

August 24, 2016

705

How fintech innovation can snag the attention — and wallets — of the largest generation (VB Live)

By Venture Beat

Banks are starting to catch on — but not quickly enough. Quick-thinking companies leveraging innovations in transactional data analysis are driving millennials to new kinds of financial services. Join our panel of fintech experts to find out what the future of finance innovation looks like — and how to catch the wave. (more…)

Fintech news, Global trends, Hotnews

August 24, 2016

1115

The 48 startups that launched at Y Combinator S16 Demo Day 2

By Josh Constine for Techcrunch

The world’s most prestigious startup school launched 48 companies today at part 2 of its Summer 2016 Demo Day. Nanoparticle analytics and delivery robots were amongst the products revealed in the B2B, biotech, enterprise, edtech, fintech, and hardware verticals. You can check out our write-ups of all 44 startups that launched yesterday, andTechCrunch’s picks for the top 7 from the first half of the batch. Today’s startups are below. (more…)

Analytics, Banks, Fintech news, Global trends, Hotnews

August 24, 2016

UBS leads team of banks working on blockchain settlement system

By Jemima Kelly for Reuters

Swiss bank UBS (UBSG.S) is leading a team of four of the world’s biggest banks developing a system to enable financial markets to make payments and settle transactions quickly using blockchain technology. (more…)

Blockchain, Cryptocurrencies, Fintech news, Government activities, Hotnews

August 24, 2016

1183

Too many Innovation Labs too few Innovations “Dances With Drums” by Fintech-Hubs and Banks

By Vladislav Solodkiy for Fintech.sg

There are so many innovation labs and too few innovations. (more…)

Analytics, Global trends, Hotnews

August 24, 2016

819

BOJ may apply ‘fintech’ to its operations in future: Kuroda

By Reuters

Bank of Japan Governor Haruhiko Kuroda said the central bank may apply financial technology, or “fintech,” to its operations in the future given its growing influence on global payments, settlements and financial services. (more…)

Banks, Global trends, Hotnews

August 23, 2016

860

Bank branch closures trigger high street alarm bells

By Jill Treanor for the Guardian

The big banks have shut 1,700 branches across the UK in the last five years with many more planned. Those counting the cost will be small businesses and the elderly, campaigners warn

(more…)

Banks, Government activities, Hotnews

August 22, 2016

The Internet of Things Needs A Ledger of Things

By Alex Tapscott for Forbes

Using emerging software and technologies, we can instill intelligence into existing infrastructure such as a power grid by adding smart devices that can communicate with one another, reconfigure themselves depending upon availability of bandwidth, storage, or other capacity and therefore resist interruption. (more…)

Banks, Fintech news, Global trends, Hotnews

August 22, 2016

830

Rakuten buys struggling bitcoin startup Bitnet to create a ‘blockchain research lab’

By Jon Russel for Bloomberg

Rakuten has confirmed that it has acquired the assets of Bitnet, a bitcoin wallet startup it invested in, which will be used to create a ‘bitcoin lab’ for the Japanese retail giant. (more…)

Deals, Global trends, Government activities, Hotnews

August 20, 2016

1022

Robo-Advisors Risk Ruining Their Initial Appeal

By Mike Hogan for Barronsfs

 

There’s a surge in websites that want to design a stock portfolio for you. Some will even do it free. The trouble is that these robo-advisors are proliferating so fast and subdividing in so many ways that they risk making themselves irrelevant. (more…)

Global trends, Hotnews

August 20, 2016

Singapore Wants to Be Asia’s Sweden in Push for Cashless Payment

By David Roman for Bloomberg 

Singapore plans to reduce the role of cash and checks in its economy by encouraging banks to switch to digital payments, according to the head of the country’s central bank. (more…)

Global trends, Government activities, Hotnews, InspirAsia

August 20, 2016

1142

Nova Credit launching from Y Combinator to give immigrants access to U.S. credit

By Jonathan Shieber for Techcrunch.com

Access to credit and establishing a credit history aren’t a luxury for people living in the US, they’re a necessity. A credit score is required to rent most apartments, get credit cards, and essentially make a way in the modern American world (more…)

Deals, Global trends, Hotnews

August 20, 2016

1333

A Physics Lesson for Central Bankers

By  for Bloomberg View

The world is braced for the discovery of a fifth fundamental force of nature — the four known ones being electromagnetism, gravity, and strong and weak nuclear forces — that subverts the so-called standard model of particle physics. Given the lackluster outlook for global growth, maybe economics needs a similar revolution.  
(more…)

Banks, Columns, Fintech news, Global trends, Hotnews

August 20, 2016

710

Square’s Shares Jump on News of Investor Steve Cohen’s Stake

By Leena Rao for Fortune

The controversial investor now owns 5.4% of the payments company. (more…)

Banks, Deals, eWallets, Hotnews

August 20, 2016

Record Investment In Fintech Is Nothing Exciting, It’s Expected

By Slava Solodkiy for Forbes

The past six months of 2016 were a record high for fintech investment. And for the first time ever, Asia has become the #1 market in terms of the amount invested. (more…)

Analytics, Fintech news, Hotnews, Influences FinTech

August 17, 2016