July 4, 2018 @ 9:17 am By JD Alois  |  

Yoyo, a mobile payment and marketing platform, has announced a partnership with digital ordering firm Preoday to create a way for retailers to provide pre-ordering services across the UK. Yoyo says it will integrate Preoday’s order ahead solution, enabling customers to pre-order within the Yoyo… Read More

July 4, 2018 @ 7:53 am By JD Alois  |  

A report created at the request or the European Parliament’s Committee on Economic and Monetary Affairs, addresses the topic of “virtual currencies” or cryptocurrencies. The paper entitled “Virtual Currencies and Central Banks Monetary Policy: Challenges Ahead,” seeks to present an analysis of the phenomenon of… Read More

July 3, 2018 @ 4:54 pm By JD Alois  |  

In recent years most Fintech Hub reports have pegged the UK, and more specifically London, at the top of the list when it comes to ranking Fintech centers of excellence. The UK has been widely lauded due to various characteristics but always included in these… Read More

July 3, 2018 @ 3:00 pm By JD Alois  |  

ThetaRay, an AI and big data analytics in the cyber crime prevention space, has closed on a funding round of $30 million. The round was said to be “significantly oversubscribed” with investors like Jerusalem Venture Partners (JVP), GE, Bank Hapoalim, SVB Investments, OurCrowd,  and others joining… Read More

July 3, 2018 @ 2:21 pm By JD Alois  |  

Smart Lenders AM and Credit.fr have recently announced a new partnership that seeks to boost lending to SMEs. According to Credit.fr, Smart Lenders AM will invest in their loans. Simultaneously, the two companies will embark on an “ambitious” research program to apply artificial intelligence (AI)… Read More

July 3, 2018 @ 12:14 pm By JD Alois  |  

Global Blockchain Technologies (CSE:BLOC) (BLOC.CN) (CSE:BLOC.CNX) (BWSP.F) (BLKCF) has released a comment on share performance following multiple inquiries regarding the price decline. In the past year, Global Blockchain has seen its price gone from a high of over CDN $1.50 to an anaemic CDN $0.29… Read More

July 3, 2018 @ 11:52 am By JD Alois  |  

US Secretary of Commerce Wilbur Ross is in London meeting with Dr. Liam Fox, International Trade Secretary. The duo met as part of an ongoing discussion to boost trade ties between the two countries in advance of the looming Brexit. According to a report by… Read More

July 3, 2018 @ 10:17 am By JD Alois  |  

Q2 2018 Sees Increase in Crypto Theft and in Cryptocurrency Money Laundering CipherTrace has published a report on Crypto Theft and money laundering. Their research covers the second quarter of 2018 and according to the document there has been a dramatic rise in Crypto crime… Read More

July 3, 2018 @ 9:39 am By JD Alois  |  

According to a note from Snowball Effect – a leading Kiwi crowdfunding platform, since New Zealand’s crowdfunding legislation was passed in 2014, the local industry as a whole has raised a combined $66.3 million across all equity crowdfunding offers. At the top of list is Invivo Wines…. Read More

July 3, 2018 @ 8:39 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has posted the 29 firms that will be part of the fourth cohort of the Fintech sandbox. The UK was the trailblazing regulatory agency that first created an environment where innovative financial firms could safely experiment with new services… Read More

July 2, 2018 @ 6:29 pm By JD Alois  |  

SingularityNET and Dbrain have revealed a new partnership where Dbrain will integrate its platform for data labeling into SingularityNETs’ infrastructure. According to the two companies, this arrangement allows users (IE developers, entrepreneurs, etc.) to monetize their creations on the forthcoming SingularityNET marketplace. Ben Goertzel, CEO… Read More

July 2, 2018 @ 5:40 pm By JD Alois  |  

IOST, another enterprise-grade blockchain infrastructure, has launched on the public Testnet. According to the company, Testnet v 0.5 (or “Everest”) acheives one of the highest transaction speeds per second across the industry. Terrence Wang, CTO of of IOST, said they have been working hard for the… Read More

July 2, 2018 @ 12:05 pm By JD Alois  |  

In a significant policy move by the UK government, the threshold for investment crowdfunding has been upped to €8 million thus matching the recent change by Germany which announced the same funding limit. This increase is due to a change in the Prospectus Directive. In the… Read More

July 2, 2018 @ 11:44 am By JD Alois  |  

Last week, Robert Ophèle, President of the Autorité des Marchés Financier (AMF), presented the 2017 AMF annual report to the Finance Committee of the National Assembly. Ophèle took the opportunity to address a wide range of topics but notably on the list was the Pact Act… Read More

July 2, 2018 @ 10:14 am By JD Alois  |  

  Zilliqa, designed to be an enterprise ready speedy blockchain, has announced that it is live on the latest Testnet as it nears broad public release. Zilliqa Testnet version 2.0 is said to have introduced greater stability and security to the network. Additionally, Zilliqa says it… Read More

July 2, 2018 @ 9:15 am By JD Alois  |  

EquityZen, a secondary market for private securities and fund platform, recently posted an update on platform performance. The results are interesting. First of all, investing in any early stage firm is a risky endeavor. Many, if not most, early stage companies fail or meander along…. Read More

July 1, 2018 @ 10:50 pm By JD Alois  |  

Digital challenger bank Monzo reported on Friday that Typeform, a company they have utilized for user surveys, experienced a data breach that impacted some of their users. Tom Blomfield, CEO of Monzo, published a post on the Monzo blog outlining the attack. Monzo was quick… Read More

June 30, 2018 @ 5:18 am By JD Alois  |  

The Milken Institute has officially launched their Fintech Advisory Committee – a group that was previously revealed during Milken’s annual conference in Los Angeles. Jackson Mueller, head of the Fintech program at Milken, said that the cost of financial intermediation has largely remained unchanged for 100… Read More

June 28, 2018 @ 11:45 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has voted to adopt amendments to the “smaller reporting company” (SRC) definition. This change is designed to expand the number of companies that qualify for certain scaled disclosure accommodations thus making it easier (and perhaps less expensive) to comply… Read More

June 27, 2018 @ 1:51 pm By JD Alois  |  

The Government of Malta has passed three cryptocurrency-related bills that are designed to make the EU country more attractive to ICO issuers and other blockchain based businesses. The new law will regulate the use of distributed ledger technology (DLT or blockchain) and each bill is… Read More