October 26, 2017 @ 8:45 am By JD Alois  |  

Pending US legislation titled “The Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,″ seeks to update criminal money laundering and counterfeiting statutes. As written now, the bill impacts the utilization of any and all cryptocurrencies. Senate Bill 1241, sponsored by Senator Chuck Grassley, will define anyone… Read More

October 26, 2017 @ 7:48 am By JD Alois  |  

Quantuma, a corporate recovery and business advisory firm that works with several peer-to-peer lending platforms, has joined the UK Peer to Peer Finance Association (P2PFA). Earlier this year, the P2PFA announced the creation of Associate Members to broaden its membership beyond strict lending platforms. At… Read More

October 26, 2017 @ 2:00 am By JD Alois  |  

Digital only challenger bank Revolut is reporting solid interest in its online banking business. According to the company, 16,0000 business customers have signed up for its service in just 4 months. Revolut estimates this has saved these business over £1 million in fees in aggregate…. Read More

October 26, 2017 @ 12:00 am By JD Alois  |  

The Australian Government has introduced a legislative framework for an “enhanced regulatory sandbox” to enable new Fintech products and services to be tested in Australia. The proposal is designed to extend the scope of activities beyond that of the regulatory sandbox launched by ASIC in… Read More

October 25, 2017 @ 11:45 pm By JD Alois  |  

It is Fintech week in Hong Kong so there is plenty going on regarding alternative finance in the Asian financial center. According to a report in CFOInnovation, the Fintech Association of Hong Kong (FTAHK) made a timely move to sign Memorandums of Understanding with not… Read More

October 25, 2017 @ 11:25 pm By JD Alois  |  

True Leaf Medicine International (CSE: MJ) (FSE: TLA) (OTCQB:TRLFF), a Canadian company is running a testing the waters (TTW) campaign to gauge investor interest in a possible Reg A+ crowdfunding offer seeking a max raise of $10 million. True Leaf says this is the first… Read More

October 25, 2017 @ 12:59 pm By JD Alois  |  

There are multiple movements being organized by the crytpo world to create a legitimate and sustainable Initial Coin Offering ecosystem. This means putting the hammer to fraud and creating a set of principles based best practices to guide the nascent industry as it goes from… Read More

October 25, 2017 @ 10:22 am By JD Alois  |  

JPMorgan Chase has dropped their hat in the arena of digital only challenger banks by launching “FINN by Chase“. The online bank is oddly only available in St. Louis but JPM says it will be rolling out across the country over the coming months. FINN… Read More

October 25, 2017 @ 10:05 am By JD Alois  |  

Recently the Canadian regulators have gone out of their way to embrace innovation and Fintech in general. This past week, the Ontario Securities Commission (OSC) published a decision on the application of Token Funder to launch an Initial Coin Offering (ICO) and the tokenized security… Read More

October 25, 2017 @ 8:02 am By JD Alois  |  

Worldwide Asset eXchange (WAX) and KyberNetwork have formed a partnership said to enable online gamers to pay for virtual items using ETH and ERC20 tokens on the WAX platform and on the website OPSkins.com, the largest in the marketplace in the world for the $50… Read More

October 25, 2017 @ 7:28 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) have signed a cooperation agreement to strengthen Fintech ties between the two Asian financial centers. There was a signing ceremony organized by HKMA today in Hong Kong. As part of the Agreement,… Read More

October 24, 2017 @ 11:22 pm By JD Alois  |  

LendingStar Exchange (LSX), a company that claims to be the worlds first invoice trading platform based on Blockchain, kicks off its Initial Coin Offering today (October 25th). LendingStar launched a private token sale earlier this month to invitation only investors. While no details have been… Read More

October 24, 2017 @ 10:58 pm By JD Alois  |  

Overstock (NASDAQ:OSTK) CEO Dr. Patrick M. Byrne, who is also chairman of t0.com or simply “tZERO, shared details on the platforms forthcoming Initial Coin Offering (ICO) at Money 20/20 this week. tZero is a majority owned subsidiary of OverStock, focusing on the development and commercialization of Fintech… Read More

October 24, 2017 @ 10:33 pm By JD Alois  |  

Klook, Asia’s largest in-destination services booking platform, has raised nearly $60 million in a Series C funding round.  The financing was led by Sequoia China which also led the Series B Funding. Goldman Sachs and Matrix Partners joined in the round. OurCrowd, a leading global investment… Read More

October 24, 2017 @ 2:27 pm By JD Alois  |  

Everyone has been talking about how the Wolf of Wall street bashed Initial Coin Offerings as “the biggest scam ever.” That is quite an accomplishment topping every fraud in modern history. Jordon Belfort, AKA the Wolf of Wall street, spent 22 months in the slammer… Read More

October 24, 2017 @ 9:59 am By JD Alois  |  

Independent Community Bankers of America (ICBA) has released a comment refernencing a speech by FDIC Chairman Martin Gruenberg on the importance of small banks and the regulatory burden. The ICBA says excessive regulations is forcing the reduction of community banks – a truism that has… Read More

October 24, 2017 @ 9:47 am By JD Alois  |  

WorldFirst has announced the launch of a multi-currency payment platform that makes international banking that much easier. The new World Account is available now to UK corporate customers. The new service seeks to help SMEs trading internationally that struggle to accomplish their goals using traditional… Read More

October 24, 2017 @ 8:54 am By JD Alois  |  

Society, a residential management company, says the number of UK renters between the ages of 25 and 34 has doubled during the last ten year. This number is set to increase dramatically during the next few years. Society, “a company that promotes co-living for every… Read More

October 24, 2017 @ 7:52 am By JD Alois  |  

Investment crowdfunding platform FundedByMe has announced a new self-crowdfunding round to pave the way for further global expansion. FundedByMe, based in Sweden, currently is represented in 6 different countries. Launched in 2012, FundedByMe says it is preparing for an Initial Public Offering in 2018 with… Read More

October 23, 2017 @ 11:12 pm By JD Alois  |  

Anchored by Standard Chartered, SuperCharger Fintech accelerator is gearing up for its third cohort of startups and scale-ups in the Fintech space. Accepted applicants will begin a 12 week program that starts in March of 2018 and continues through June. SuperCharger is interested in all different… Read More