June 21, 2018 @ 2:01 am By JD Alois  |  

Her Majesty Queen Máxima of the Netherlands will address the Cambridge Centre for Alternative Finance (CCAF) next week as part of its annual event at the University of Cambridge. Queen Máxima will be speaking in an official capacity as the UN Secretary General’s Special Advocate… Read More

June 20, 2018 @ 11:11 pm By JD Alois  |  

It is a truism that we need bank like services but we really don’t need banks. The portfolio of services offered by a traditional analog bank sometimes feel cobbled together. Difficult to manage and expensive to use. Current accounts is an excellent example. For some… Read More

June 20, 2018 @ 10:44 pm By JD Alois  |  

North Carolina is one of many US states that pushed forward with intrastate crowdfunding rules. In some states, the rules were more rational than the federal Reg CF exemption created by the JOBS Act of 2012. North Carolina is one of those states. According to… Read More

June 20, 2018 @ 1:41 pm By JD Alois  |  

Earlier this week, Revolut tweeted out that something “huge” is coming to the Revolut App. The digital bank already enables cryptocurrency trading, so what could it be? Speculation is that since it has to do with paying with your phone – it must be Apple… Read More

June 20, 2018 @ 11:13 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has received an additional emergency court order freezing the assets of Dominic Lacroix. The freeze is part of an ongoing enforcement action that stems from some time ago. The SEC had previously sued for securities fraud and had obtained… Read More

June 20, 2018 @ 10:55 am By JD Alois  |  

Bright, company that is developing a “verified business data ecosystem using data provided by the MSMEs,” says it will use the information to provide loans to businesses. Bright said it will provide loans to businesses through BrightBank and allow MSMEs (micro, small and medium sized… Read More

June 20, 2018 @ 10:14 am By JD Alois  |  

IBM’s Watson, an artificial intelligence initiative (AI), is moving into Regtech. This should really come as no surprise to anyone as Regtech and AI are a perfect match. All of financial services will be digitized and fueled by the internet. Fintech is the future. But… Read More

June 20, 2018 @ 9:51 am By JD Alois  |  

The Center for Financial Services Innovation (CFSI) has announced its list of 2018 Financial Health Leaders.  CFSI states that these firms are “at the forefront of financial health measurement and show their commitment to consumer financial health.” The list (below) includes a good number of… Read More

June 20, 2018 @ 9:25 am By JD Alois  |  

John McAfee, a somewhat controversial individual and founder of the software company McAfee Associates, an anti-virus – security firm, has forsaken the cryptocurrency industry. In a series of tweets, McAfee said; “I am no longer working with ICOs nor am I recommending them, and those… Read More

June 20, 2018 @ 9:09 am By JD Alois  |  

Uniti, an electric car project that raised growth capital via several investment crowdfunding rounds, is reporting pre-orders of €50 million for their first vehicle. In a note to their community, Uniti stated; “We have some good news to share. Uniti has recently surpassed our first €50… Read More

June 19, 2018 @ 2:56 pm By JD Alois  |  

Zilliqa, a company that has created a scalable blockchain designed to be used at the enterprise level, has announced the creation of a new grant program for developers building applications on their platform. The “Zilliqa Ecosystem Grant Programme” is now providing $5 million to teams and… Read More

June 19, 2018 @ 2:29 pm By JD Alois  |  

Cryptocurrency and cybersecurity are at a crossroads. We have all read about huge exchange hacks pilfering gazillions of dollars worth or crypto. Of course, there are the wallet hacks too.  As the blockchain / cryptocurrency industry continues to professionalize, defensive measures designed to mitigate security… Read More

June 19, 2018 @ 11:26 am By JD Alois  |  

tZERO and BOX Digital Markets LLC, have signed a joint venture (JV) that is expected to enable the two companies to launch the world’s first security token exchange. tZero said the JV will now seek approval from the US Securities and Exchange Commission (SEC). The… Read More

June 19, 2018 @ 7:30 am By JD Alois  |  

CoinList has posted its first initial coin offering (ICO) of 2018. After a big start last year, CoinList is back in the market with Origin Protocol. Origin Protocol is a platform designed to enable developers and businesses to build decentralized marketplaces on the blockchain in… Read More

June 19, 2018 @ 6:44 am By JD Alois  |  

LendInvest, an online property lending platform, is now offering NACFB-registered brokers an increased fee for NACFB registered brokers. LendInvest is increasing the fee paid from 1% to 1.2%. LendInvest describes this initiative as part of a series of measures implemented by LendInvest to support raising… Read More

June 19, 2018 @ 6:35 am By JD Alois  |  

Digital bank Penta has launched a new feature entitled “Team Access,” where founders and co-workers may better manage expenses. Services similar to this are frequently found in large enterprise software programs or may be leveraged as a separate service. Penta is seeking to differentiate itself… Read More

June 18, 2018 @ 7:23 pm By JD Alois  |  

The Bank of International Settlements (BIS) is out with a report on cryptocurrencies that hammers the new technology. Created in 1930, a time of profound economic uncertainty, BIS serves central banks by promoting financial stability and cooperation. The BIS is actually owned by 60 central banks,… Read More

June 18, 2018 @ 6:56 pm By JD Alois  |  

The House Financial Services Subcommittee on Terrorism and Illicit Finance, has scheduled a hearing on June 20th on the topic of “Illicit Use of Virtual Currency and the Law Enforcement Response.” This is an important topic that impacts all cryptocurrencies so expect wide viewership from… Read More

June 18, 2018 @ 12:24 pm By JD Alois  |  

The European Crowdfunding Network (ECN) is the leading independent advocate for Fintech innovation, including crowdfunding, in Europe. The ECN has earned a reputation of engaging with a broad group of industry participants, thought leaders and public officials to help guide the evolution of new forms… Read More

June 18, 2018 @ 10:44 am By JD Alois  |  

Ranger Direct Lending Fund is preparing to wind down operations due to struggling returns and a dust up with a large shareholder. In an announcement today, Christopher Waldron, Chairman, and Director Matthew Mulford have both confirmed that they will resign immediately, both citing the fact the… Read More