February 9, 2018 @ 7:37 am By JD Alois  |  

Last July, Australia commissioned a review of Open Banking seeking recommendations as to how to best pursue this policy shift in Australia. Commissioned by Treasurer Scott Morrison, MP and chaired by Scott Farrell, the Australian government has now published a report that makes 50 recommendations…. Read More

February 8, 2018 @ 6:31 pm By JD Alois  |  

Earlier today, Yves Mersch, Member of the Executive Board of the European Central Bank, spoke at a forum in London. Mersch addressed the topic du jour: cryptocurrencies and the future of virtual money in the digital age. Mersch posed the question as to whether or… Read More

February 8, 2018 @ 5:25 pm By JD Alois  |  

LendingClub (NYSE: LC) has scheduled its Q4 earnings release for Tuesday, February 20, 2018, after market hours. LendingClub will host a conference call at 5PM ET the same day A live webcast of the call will be available on the LendingClub website here.  Alternative you may dial… Read More

February 8, 2018 @ 9:00 am By JD Alois  |  

Upgrade, Renaud Laplanche’s newest online lending startup , has been recognized the number one personal loan platform by Lending Tree – according to Q4 customer reviews. LendingTree’s rankings are based on a weighted average of overall rating and the total volume of customer reviews and… Read More

February 8, 2018 @ 7:49 am By JD Alois  |  

 UBIQUICOIN is described as a digital currency backed by real assets that is using a “two-coin approach,” has launched their initial coin offering (ICO). The Gibraltar based company has taken their ICO a step further by providing a two year financial guarantee of $1.00 per coin “if… Read More

February 8, 2018 @ 6:47 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has announced that Paul Smee has been appointed as new Chair of the organization. Smee replaces longtime Chair Christine Farnish who is stepping down after a five-year term. The P2PFA said the transition comes at a time when… Read More

February 7, 2018 @ 1:56 pm By JD Alois  |  

Steven Strongin, Goldman Sachs Global Head of Investment Research, has published a report claiming most cryptocurrencies are going to zero. The harsh assessment comes at a time when pretty much all cryptocurrencies have been experiencing some gut wrenching volatility. At the end of 2017, Bitcoin hit… Read More

February 7, 2018 @ 1:46 pm By JD Alois  |  

Yesterday, the Conference of State Bank Supervisors (CSBS) took a step forward to streamline the process of licensing  Fintech firms seeking to operate across the US. If you are based outside the US you may be surprised to know that banks and Fintechs must comply… Read More

February 7, 2018 @ 12:44 pm By JD Alois  |  

Bitcoin Tax Software NODE40 has announced it can now support Coinbase users in time for the April tax deadline (US). NODE40 is targeting Coinbase’s 13+ million users and the fact they must report capital gains and losses for their crypto trades during 2017. During 2017,… Read More

February 7, 2018 @ 12:19 pm By JD Alois  |  

Gifto is partnering with conceptual artist Kevin Abosch to create a unique crypto-artwork, called “The Forever Rose”. The project is said to be designed to stimulate a deeper discussion on the state of the cryptocurrency and Blockchain industry. Abosch is best known for creating and selling… Read More

February 7, 2018 @ 10:45 am By JD Alois  |  

Online lending eventually will be the norm, not the exception. As bricks and mortar ebbs away, Fintech is filling the void due to demand and the sheer efficacy of the online lending process. Indicative of this systemic trend is a report this week in WSJ.com… Read More

February 7, 2018 @ 10:01 am By JD Alois  |  

Peer-to-peer lending platform RateSetter has shared that is Innovative Finance ISA (IFISA) will launch tomorrow (February 8th). RateSetter said the IFISA will initially be available to existing customers, then to new customers on 1 March and to inward transfers from other ISAs in April. The creation of… Read More

February 7, 2018 @ 9:22 am By JD Alois  |  

“This year couldn’t be more different,” Toby Austin, CEO & Co-Founder of Beauhurst The above quote pretty much sums things up. According to the numbers tallied by Beauhurst, 2017 was a gangbuster year for investment into UK high growth firms. Austin adds that; “It’s good… Read More

February 7, 2018 @ 8:53 am By JD Alois  |  

Financial technology of Fintech is the future. Physical branches are going away. Recently, at the Paris Fintech Forum, Jay Sidhu stated that if banks do not shrink their bank branches by 90% they will disappear. Think about that for a minute (especially if you work… Read More

February 7, 2018 @ 8:05 am By JD Alois  |  

Innovate Finance is out with report on UK Fintech investment and according to their numbers 2017 was a banner year. The group said VC investment into emerging Fintech firms jumped 153% versus year prior. Approximately $1.8 billion went into 224 deals with the UK ranking… Read More

February 6, 2018 @ 9:54 pm By JD Alois  |  

OurCrowd is arguably a vital variable in the rise of Israel’s claim to be the leading nation when it comes to entrepreneurial innovation. The country has established itself as a hotbed for early stage tech firms in a diverse array of sectors. Today, most all… Read More

February 6, 2018 @ 12:25 pm By JD Alois  |  

The Defense Security Service (DSS), the government agency that oversees the protection of U.S. and foreign classified information and technologies, has issued a brief statement on Bitcoin and cryptocurrencies in general. The DSS says it has received a number of questions from industry as to whether… Read More

February 6, 2018 @ 8:40 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) was queried by several Members of Parliament this week who asked the regulatory agency if they intend on following in the footsteps of China and South Korea in banning Bitcoin and other Cryptocurrencies. Additionally, MPs asked how MAS is… Read More

February 6, 2018 @ 8:01 am By JD Alois  |  

Overstock.com (NASDAQ:OSTK) and Siebert Financial Corp. (NASDAQ:SIEB) have launched Muriel Siebert & Co. discounted online trading platform through Overstock.com’s FinanceHub as it merges e-commerce and securities transactions. Announced last December, any investor in the US, may access the Siebert portal through Overstock.com’s FinanceHub the opportunity to… Read More

February 5, 2018 @ 11:35 pm By JD Alois  |  

Manchester, UK based Energi Mine says it raised $4 million in just 81 minutes. The final leg of the initial coin offering (ICO) took place on February 1st. Energi Mine opened the offer at 10AM. At 11:21AM it closed. The last round of the ICO… Read More