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638

Bank-based blockchain projects are going to transform the financial services industry

By Hugh Harsono for Techcrunch

Cryptocurrencies are constantly evolving, with popular currencies such as Bitcoin and Ethereum maintaining their popularity despite recent market corrections. (more…)

Banks, Blockchain, Cryptocurrencies, Global trends, Hotnews

January 29, 2018

531

How blockchain could kill both cable and Netflix

By Rizvan Virk for Venture Beat

Blockchain technology, powered by nodes of peer-to-peer computers around the world, is on the rise. So can we expect decentralized entertainment applications built on blockchain to replace streaming services like Netflix or Amazon and be the final death knell for Cable? (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

January 29, 2018

Silicon Valley VCs See Green In Telegram’s $600M ICO

Three big Silicon Valley venture capital firms want to invest in Telegram’s initial coin offering (ICO), The Financial Times reported. (more…)

Cryptocurrencies, Fintech news, Global trends

January 29, 2018

318

A Beginners Guide to Cryptocurrency Trading

2017 was a break-out year for cryptocurrencies. The mainstream media began to consistently discuss the value of cryptocurrencies as bitcoin hit a fresh all-time high.  Cryptocurrencies are digital currencies that have a finite number of coins that can be created. The most popular cryptocurrency is bitcoin, whose rise from $1,000 to $19,000 per coin in late 2017 took the world by storm. However, there are several other cryptocurrencies that are actively traded including Ethereum, Litecoin and Ripple. (more…)

Cryptocurrencies, Global trends

January 29, 2018

1841

Traditional banks hate crypto – Part II

By Slava Solodkiy, Managing Partner at Life.SREDA VC

At the end of 2017 and beginning of 2018 Bitcoin investors were claiming Australia’s banks are freezing their accounts and transfers to cryptocurrency exchanges, with a viral tweet slamming the big four and an exchange platform putting a restriction on Australian deposits. (more…)

Columns, Fintech news, Global trends, Hotnews

January 25, 2018

899

Tradeshift Launches Innovation Lab to Bring the Blockchain to Business Commerce

Business commerce platform Tradeshift announced today the launch of Tradeshift Frontiers, an innovation lab and incubator designed to apply emerging technologies like AI, distributed ledgers, and IoT to business networks, supply chains, and global trade. (more…)

Blockchain, Fintech news, Global trends, Hotnews

January 25, 2018

747

Alibaba market value hits the $500 billion valuation mark

Alibaba Group Holding Ltd., just reached the $500 billion valuation milestone according to local media reports. The China-based e-commerce giant closed on Wednesday with 500.8 billion in value at $195.53 and up 1.69% on the New York Stock Exchange according to CNBC data. (more…)

Fintech news, Global trends, Hotnews

January 25, 2018

Digital wealth manager Moneyfarm acquires tech behind fintech chatbot Ernest

By Steve O’Hear for Techcrunch

Moneyfarm, the U.K.-headquartered “digital wealth manager” has acquired the technology behind personal finance chatbot Ernest. Terms of the deal aren’t being disclosed, though I understand that, along with the tech, this is an acqui-hire of sorts, seeing London-based Ernest’s CTO Lorenzo Sicilia join Moneyfarm to oversee technology integration. (more…)

Global trends, Hotnews, Payment processors/providers/gateways, Wealth management

January 24, 2018

188

Trulioo releases KYC tool for mobile operators

By Trulio

Trulioo, the leading global identity verification provider, today launched the first Know Your Customer (KYC) solution to connect to 24 of the world’s largest Mobile Network Operators (MNOs). (more…)

Global trends

January 23, 2018

265

Japanese crypto exchange bitFlyer launches in Europe

By Bitflyer

bitFlyer, the Tokyo-based operator of the world’s largest* Bitcoin exchange, today announced its launch into Europe. (more…)

Cryptocurrencies, Fintech news, Global trends, InspirAsia

January 23, 2018

165

Varo Money closes $45m Series B round

Varo Money, Inc., a mobile banking startup, announced today that it has closed a $45M Series B funding round led by existing investor Warburg Pincus, a global private equity firm focused on growth investing, and The Rise Fund, a global impact fund led by private equity firm TPG. (more…)

Credit/Debit/Prepaid cards, Deals, Global trends

January 22, 2018

What does Open Banking mean for Direct Debit – and how does it tie in to Star Wars?

By Gavin Scruby – SmartDebit

I went to see the new Star Wars film recently. At the time, I had Open Banking on my mind. I was thinking about its effects on Direct Debit, as the two could easily seem to conflict in a galactic, well UK-wide, struggle. It made me think back to the original films and ask myself: is Open Banking Vader to Direct Debit’s Obi Wan Kenobi? And, will Direct Debit also rise up after being struck down to become more powerful than we can possibly imagine? I was thinking tentatively that it just might. (more…)

Banks, Global trends, Open Source/ API

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

168

IFC becomes anchor investor in $100 million Partech Africa startup fund

 By IFC

IFC, a member of the World Bank Group, has helped Partech Ventures launch a €100 million fund that is expected to become the largest venture-capital fund focused on digital-technology start-ups in sub-Saharan Africa. (more…)

Fintech news, Global trends

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

Ripple turns investor as execs lead $25M round for storage and rental startup Omni

Earlier this month, I wrote that crypto companies are going to become investors in 2018. I didn’t quite imagine that happening as quickly as mid-January, but here we are. Ripple, the fintech startup behind the controversial XRP token, has its first investment after it backed U.S.-based storage startup Omni through a $25 million round. (more…)

Cryptocurrencies, Fintech news, Global trends

January 17, 2018

Lending Marketplace Lendix Raises €200 Million Institutional Financing to Trailblaze European Alternative SME Finance

Lendix’s historical investors are renewing their trust in the Paris-based European SME marketplace lender. The European Investment Bank Group (EIB), CNP Assurances, Eiffel IM, Groupama, Zencap AM, Matmut and Decaux Frères Investissements are among the first investors joining to finance Lendix’s latest investment vehicle to fund unsecured loans to SMEs in France, Spain and Italy. New institutional investors from banks and asset management firms in Spain and Italy are joining. As of now, €120 million of the planned €200 million are already committed and the first loans from this fund will start rolling out as soon as February. (more…)

Fintech news, Global trends, p2p/online lending

January 17, 2018

320

Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdown

Warren Buffett, arguably the world’s most successful and respected investor, has issued a scathing assessment of cryptocurrencies and predicted a “bad ending” for the current bitcoin boom. (more…)

Cryptocurrencies, Fintech news, Global trends

January 12, 2018

German Sutor Bank Launches Micro Investment App in Fintech Push

Hamburg, Germany based Sutor Bank(founded in 1921) has launched a new “micro-investment app” described as delivering an “investment to go’ feature for users. Sutor Bank said it is expanding its range of Fintech collaborations by partnering with startup savemateproviding the investment app that is running on the system platform of Sutor Bank. (more…)

Global trends

January 12, 2018

255

Capital One acquires machine learning consultancy Notch

Capital One has acquired machine learning consultancy Notch as part of a progressive effort to develop data-driven products and services for its customer base. (more…)

Banks, Fintech news, Global trends

January 9, 2018

Overstock leads $2.2 million funding round in blockchcain voting platform Voatz

Voatz, a mobile focused election voting and citizen engagement platform, announced today that it has raised over $2.2 million in seed round funding led by Medici Ventures with participation from the Urban Innovation Fund and Oakhouse Partners. (more…)

Blockchain, Fintech news, Global trends

January 9, 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

Telegram plans multi-billion dollar ICO for chat cryptocurrency

By Mike Butcher for Techcrunch

Encrypted messaging startup Telegram plans to launch its own blockchain platform and native cryptocurrency, powering payments on its chat app and beyond. According to multiple sources which have spoken to TechCrunch, the “Telegram Open Network” (TON) will be a new, ‘third generation’ blockchain with superior capabilities, after Bitcoin and, later, Ethereum paved the way. (more…)

Cryptocurrencies, Fintech news, Global trends

January 9, 2018

648

Looking for signs the Bitcoin panic is over

A remarkable 2017 for Bitcoin turned into stomach-churning terror for investors just before the holiday weekend when the cryptocurrency had its worst week of trading in four years. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

December 26, 2017

419

Waves establishes presence in Amsterdam

Waves begins its global expansion with a permanent presence in Amsterdam as well as Moscow, thanks to its strategic partnership with Primalbase. (more…)

Blockchain, Fintech news, Global trends

December 26, 2017

993

4 AI Use Cases in Fintech in 2018 according to PwC and Gartner

According to Gartner, by the end of 2020, 20% of citizens in developed nations will use AI for everyday operational tasks and a whopping 85% of CIOs (Chief Information Officers) will be piloting AI programs for their organizations through buy, build and outsourcing efforts. By the end of 2018, use of AI is predicted to be widespread through commonly used applications like cloud office suites.

(more…)

Fintech news, Global trends

December 26, 2017

389

P2Binvestor CEO Krista Morgan on Marketplace Lending: What to Expect in 2018

P2Binvestor CEO Krista Morgan founded P2Binvestor in 2012 with a mission to help growing businesses succeed. Morgan is not only CEO of a fast growing Fintech, she is also the cohost of the podcast “Women Who Startup Radio”, an ardent mentor to other women entrepreneurs who speaks regularly on business finance, fundraising, and scaling a startup. (more…)

Global trends, p2p/online lending

December 26, 2017