September 13, 2017 @ 2:12 pm By JD Alois  |  

There is a lot going on in the cryptocurrency driven Initial Coin Offering market today. In recent weeks, national regulators have acknowledged the existence of tokenized funding rounds along with the fact that many are really securities and thus regulated. The US Securities and Exchange… Read More

September 13, 2017 @ 10:33 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced the launch of a nationwide search to fill the position of the Advocate for Small Business Capital Formation. The new post was created by legislation signed into law at the end of 2016. The mission of the Advocate… Read More

September 13, 2017 @ 10:01 am By JD Alois  |  

Rabobank, a Dutch multinational banking and financial services company, has inked a partnership with digital performance management company, Dynatrace. The new relationship allows Dynatrace to monitor in real-time the experience of every single Rabobank customer and employee. The intent is to optimize the user experience… Read More

September 13, 2017 @ 9:42 am By JD Alois  |  

Betterment, the largest independent online investment advisor, will now offer two new portfolio strategies: a smart beta portfolio strategy and an income portfolio strategy. Betterment has selected the portfolio strategies from BlackRock and Goldman Sachs Asset Management (GSAM) designed to meet users diverse needs and… Read More

September 13, 2017 @ 9:13 am By JD Alois  |  

ThinkMarkets, a provider of financial derivatives trading, has expanded its offering of CFD [Contract for Difference] trading to the four most liquid Crypto currencies. ThinkMarkets has added Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Litecoin (LTC) CFDs to its MT4 and Trade Interceptor trading platforms…. Read More

September 13, 2017 @ 8:42 am By JD Alois  |  

Wish Finance, based in Singapore, has announced the launch of its blockchain-based lending platform for small and medium businesses. The company has reportedly issued 100+ loans in 2017 during a soft launch with every loan successfully repaid and 0% default rate. Wish Finance plans to… Read More

September 12, 2017 @ 7:01 pm By JD Alois  |  

Keynote Speakers at LendIt Europe Include: Anthony Jenkins, Renaud Laplanche, Anne Boden, Jaidev Janadarna and more. LendIt Europe, the European event series covering Fintech and lending, has shared its keynote speakers for this years. LendIt expects more than 120 speakers will take to the stage… Read More

September 12, 2017 @ 4:15 pm By JD Alois  |  

SoFi co-founder and CEO Mike Cagney has announced he will resign from SoFi at the end of this year. In a message to SoFi employees last night, Cagney said it was with “heavy heart” he will depart the iconic firm he founded. The announcement comes… Read More

September 12, 2017 @ 11:43 am By JD Alois  |  

  Virtuix, a leader in active virtual reality (VR) and the developer of the popular Omni motion platform, has announced the launch of “OmniverseTM”, a proprietary content delivery and arcade management platform for use by commercial Omni operators around the world. The Omniverse platform is… Read More

September 12, 2017 @ 11:22 am By JD Alois  |  

The Financial Conduct Authority (FCA) has issued a consumer warning regarding Initial Coin Offerings (ICOs). The FCA’s actions are similar to multiple national jurisdictions that have published warnings, or in the case of China – simply shut them down altogether. As for whether or not… Read More

September 12, 2017 @ 11:03 am By JD Alois  |  

The Dubai Financial Services Authority (DFSA) and Securities Commission Malaysia (SC) have entered into an agreement to cooperate in the development of Fintech.  According to both parties, this agreement reflects efforts by both authorities to provide a robust regime that fosters financial innovation in the… Read More

September 12, 2017 @ 10:14 am By JD Alois  |  

  Orchard Platform has rolled out Deals, operated by Orchard Platform Markets, LLC, a wholly-owned subsidiary, SEC-registered broker-dealer, and member of FINRA and SIPC. Deals is a global market where loan originators may discover low cost financing and institutional investors can connect, evaluate, and move… Read More

September 11, 2017 @ 7:01 pm By JD Alois  |  

So the other shoe has apparently dropped in China. Following a ban on Initial Coin Offerings, reportedly Chinese officials will ban all crypto-exchanges thus impacting the trading of Bitcoin, Ethereum and all other digital coins. This is according to a report in WSJ.com that cites… Read More

September 11, 2017 @ 3:50 pm By JD Alois  |  

Equifax, the global credit rating firm, publicly acknowledged its systems had been compromised and user information had been stolen. The data breach is one of the largest of its kind ever and stands to put millions of Equifax user information at risk. In fact, 143… Read More

September 11, 2017 @ 11:17 am By JD Alois  |  

PledgeMe, a New Zealand based crowdfunding platform, has announced an expansion into Australia just as equity crowdfunding regulations are scheduled to change. Australia has been slow to improve their regulatory environment for raising capital online but improved rules will be in place soon. “Australia is… Read More

September 11, 2017 @ 9:02 am By JD Alois  |  

SWC Enterprise, said to be the fastest growing houseware retail store in Malaysia, recently launched an equity crowdfunding offer on Fundedbyme. The campaign has successfully raise 281% from its minimum target of MYR 1,002,728 (about USD $238,858), the total amount has been achieved MYR 2,847,146… Read More

September 11, 2017 @ 8:29 am By JD Alois  |  

Switzerland’s startup accelerator, F10, has announced it is now accepting applications for its “P2” program. The latest round of applications commences today (September 11th), and is open to all startups in Fintech, Regtech, and Insurtech. 15 Places are said to be available for the first round… Read More

September 10, 2017 @ 9:04 pm By JD Alois  |  

FinTech Australia is sharing that two of their members have been selected to participate in the Swift global FinTech challenge at LATTICE80 on 13 and 14 September 2017. This past June, SWIFT offered Fintech companies from around the world to develop new overlay services that leverage… Read More

September 10, 2017 @ 3:40 pm By JD Alois  |  

Earlier this month, the Bank of England published a staff working paper entitled, “Competition and prudential regulation”. The document is the work of Paul Fisher, former Deputy Head of the Prudential Regulation Authority (PRA) and Executive Director for Supervisory Risk and Regulatory Operations, and Paul A Grout,… Read More

September 10, 2017 @ 11:05 am By JD Alois  |  

Lend360 is an online lending / Fintech event taking place this coming October. As online lending and other forms of alternative finance have emerged as the future of the entire financial services sector, there have been a proliferation of conferences and events designed to tackle… Read More