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237

Alibaba is in talks to invest in Uber’s Southeast Asia rival Grab

By Jon Russel for Techcrunch

Alibaba could substantially increase its business interests in Southeast Asia with an investment in Uber rival Grab. (more…)

Fintech news, Global trends

June 16, 2017

379

Santander’s Openbank relaunched as 100% digital bank

Banco Santander is overhauling the operations of its direct banking subsidiary in Spain, transferring all IT assets and client transactions to the cloud and revamping its online and mobile presence as part of a group-wide mission to recruit 30 million digital customers by 2018. (more…)

Banks, Hotnews, Mobile-first banks

June 16, 2017

322

Analyzing Token Sale Models

By Vitalik Buterin for his blog

Note: I mention the names of various projects below only to compare and contrast their token sale mechanisms; this should NOT be taken as an endorsement or criticism of any specific project as a whole. It’s entirely possible for any given project to be total trash as a whole and yet still have an awesome token sale model. (more…)

Blockchain, Cryptocurrencies, Global trends, Hotnews

June 15, 2017

187

India’s MobiKwik is raising new funding at $1B valuation to battle payment rival Paytm

By John Russel for TechCrunch

With high-profile investments from Alibaba and SoftBank fueling an impressive growth story since demonetization last year, you could be forgiven for thinking that Paytm has India’s payments market sewn up. But at least one company will agree to differ on that. (more…)

eWallets, Global trends, Hotnews, InspirAsia

June 15, 2017

242

Regtech Poised To Take Off In Southeast Asia

By Fintech News. SG

Regtech is earning regulatory endorsement all around the world, including in Asia-Pacific, where initiatives in locations such as Hong Kong, Japan, Singapore and Australia are being launched to address compliance and regulatory challenges more efficiently. (more…)

Global trends, Hotnews, InspirAsia, RegTech

June 15, 2017

TAS and WealthInvest agree payments partnership

By WealthInvest

Today WealthIntel and TAS Group (“TAS”) announced their execution of a Letter of Intent to join in the development of W$T’s proprietary payment platform and TAS becoming strategic partner of W$T in card solutions and payment systems. (more…)

Hotnews, Payment processors/providers/gateways

June 15, 2017

153

Will words and gestures replace plastic cards and cash?

The man who invented an early form of text messaging for fixed line networks while working at BT believes that in the future people will use words and gestures to pay for transactions, ditching payment cards altogether. (more…)

Global trends, Hotnews, Security

June 15, 2017

233

Inside Ripple’s plan to make money move as fast as information

By American Banker

When Brad Garlinghouse, the CEO of Ripple, has to explain to his mother, who lives in Kansas, what his company does, he says, “Mom, it’s pretty simple. We sell software to banks.” (more…)

Blockchain

June 15, 2017

183

SaaS Fundraising In 2017

By Tomasz Tunguz from Redpoint Ventures for his blog

When I analyzed the SaaS fundraising market in 2016, three trends emerged. (more…)

Columns, Global trends, Hotnews

June 14, 2017

Buyer Beware

 

By Fred Wilson from Union Square Ventures for his blog

I got this question on Twitter yesterday:

(more…)

Columns, Influences FinTech

June 14, 2017

116

Acorns goes green with launch of sustainable investment portfolio

By Acorns,

Micro-investing app, Acorns, has highlighted its commitment to sustainability with the launch of a new, socially responsible investment portfolio, available from today. (more…)

Financial Markets / Trading, Hotnews, Wealth management

June 14, 2017

Fiserv to Acquire Monitise for $89 Million

By Julie Muhn for Finovate

Financial services company Fiserv has agreed to acquire U.K.-based Monitise for 2.9 pence per share, which equates to $89 million. (more…)

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

June 14, 2017

130

Report: SoFi Files Banking Application with FDIC

SoFi has officially filed with the Federal Deposit Insurance Corporation to create a state chartered bank. The filing is not unexpected as SoFi revealed its intent to pursue a banking charter this past May. (more…)

Banks, Hotnews, p2p/online lending

June 14, 2017

254

Visualizing Where Major US Banks Have Invested in Fintech

By CB Insights

Since 2012, the top ten US banks by assets under management have participated in 72 rounds totaling $3.6B to 56 fintech companies. (more…)

Analytics

June 14, 2017

187

Fintech Global Research: 70% Total Capital 2017 1Q Raised by Private European FinTech Concentrated in 6 Cities. Guess Which...

by Erin Hobey for Crowdfund Insider,

70% of the total capital raised by all private European Fintech companies in 2017 1Q went to companies based in … have you written your list? — London, Berlin, Stockholm, Paris, Barcelona and Amsterdam, according to research released by Fintech Global. (more…)

Analytics, Global trends

June 14, 2017