General News

Nasdaq CEO Adena Friedman Says Smaller IPO Market Needs to be Fixed

Last week, Nasdaq CEO Adena Friedman sat down with CNBC to discuss the initial public offering market. Recently, multiple high profile issuers have completed an IPO or have indicated their intent to do so in the not so distant future. On the day Friedman was… Read More

World Tennis Champ Serena Williams Invests in Coinbase

American tennis champ Serena Williams has reportedly invested in cryptocurrency platform Coinbase through her investment group, Serena Ventures. The group, which launched in 2014, has silently invested in more than 30 companies, including Coinbase. Williams stated she launched the company with a mission to give… Read More

LendIt Fintech USA – Seven Years of Fintech Innovation

It’s hard to believe that the most attended Fintech conference LendIt Fintech USA had its 7th birthday in the Mecca of Fintech, San Francisco this past week. Thousands of attendees from all over the world descended into San Francisco’s Moscone Center for this once a… Read More

UBS Tech Analyst: If It’s Like Other Bubbles, Bitcoin Could Take 22 Years to Recover

Numerous cryptocurrency commentators, most of whom are “bag holders” themselves, have been fond of announcing in the press and on social media the inevitable and imminent outsize ballooning of the price of Bitcoin. This phenomenon was particularly common during Bitcoin’s parabolic run up at the… Read More

Prime Trust Raises Undisclosed Amount from Crypto Exchange OKCoin, Has Topped 1400 Deals in Escrow Service

Prime Trust, Fintech that provides custody and escrow services in a diverse portfolio of assets including crypto, has confirmed an investment led by crypto exchange OKCoin. In an email, Prime Trust confirmed what had been circulated on social media for some time. Prime Trust founder… Read More

Cambridge Centre for Alternative Finance Publishes Global Cryptoasset Regulatory Study

The Cambridge Centre for  Alternative Finance (CCAF), with the support of the Nomura Research Institute (NRI), has just published a new study entitled the Global Cryptoasset Regulatory Landscape Study. The report is a detailed analysis of the regulatory environment in multiple jurisdictions from around the… Read More

Here is the FDIC Small Business Lending Report All Fintech Lenders are Reading

Mr. Potter Banker Banking (1)

Recently, the Federal Deposit Insurance Corporation (FDIC) published its Small Business Lending Survey for 2018. Included within the report was an ongoing discussion of “non-bank lenders” or online lending platforms including direct and marketplace lenders. First, the FDIC acknowledges the profound importance of small business… Read More

Cambridge Centre for Alternative Finance Publishes 4th European Alternative Finance Report. Total Online Alternative Finance Grows 36% Topping €10 Billion

The Cambridge Centre for Alternative Finance (CCAF) has published its 4th annual European Alternative Finance report. The publication, entitled “Shifting Paradigms” – completed in partnership with the University of Agder in Norway, tracks the growth of alternative finance across Europe including the UK. According to… Read More

The European Centre for Alternative Finance Calls for Papers in Advance of its Annual Conference

The European Centre for Alternative Finance (ECAF) based at Utrecht University School of Economics, has announced the 3rd European Alternative Finance Research Conference scheduled to take place in October in the Netherlands. ECAF said this year’s keynote speaker is Armin Schwienbacher (SKEMA Business School), an… Read More

UK Crowdfunding Association Schedules Meeting with FCA to Discuss Concerns Over “Quality of Supervision”

The UK Crowdfunding Association (UKCFA) has scheduled a meeting with the Financial Conduct Authority (FCA) as the group is concerned over the “quality of supervision,” according to a report in the Times. The UKCFA is an association that represents the leading equity crowdfunding platforms in… Read More

Plug and Play Launches Accelerator Program in Italy

Plug and Play announced on Monday it has opened a new office in Italy together with its newest corporate partners Esselunga, Lavazza, Tetra Pak, and UniCredit. The accelerator reported that office will service key partners in the region such as UniCredit, which is also joining… Read More

UK Research: 74% of Adults Have No Investments, 47% Don’t Know the Interest Rate they are Receiving on Current Accounts

Research compiled by YouGov, Seedrs, and banking app Dozens, shares a dim view of financial sophistication in the UK. According to the report, a majority of UK adults are poorly informed about financial services and planning for their future. The study conducted by YouGov was… Read More

China: WeiyangX Fintech Review

China Implements First National Standard for Insurance Sector On April 11th, China has implemented its first national standard for the insurance industry. The national standard incorporates 817 entries of professional terms, serving as a fundamental standard for various terms in the insurance sector, according to… Read More

Crowdsourcing Week Announces BOLD Award Winnners

Crowdsourcing Week recently held their inaugural BOLD Awards near Venice. Organizers selected winners in 12 categories plus three special awards. The event itself was organized and hosted by H-FARM, a startup business development and accelerator hub in Europe. Crowdsourcing Week’s CEO Epi Ludvik and Emil… Read More

Cambridge Centre for Alternative Finance Launches New Fintech Collaboration Network with UN Economic Commission for Latin America and the Caribbean

The Cambridge Centre for Alternative Finance (CCAF), the leading research group on all things Fintech, has launched a new Fintech collaboration network in partnership with the United Nations Economic Commission for Latin America and the Caribbean (UNECLAC). According to a release by the UK government,… Read More

LendIt Fintech: 2019 Industry Award Winners Announced

The 7th annual LendIt Fintech took place this week in San Francisco and once again financial innovators from around the world showed up to listen and learn about disruption taking place in Fintech. As part of the annual conference, LendIt announced 21 winners for its… Read More

Crypto Valley Association Books Big Names for Annual Event, IBM, European Commission Representatives Plan Attendance

The Crypto Valley Association (CVA), Switzerland’s advocacy group for the advancement of digital assets, has announced the speakers for this year’s Crypto Valley Conference. The Association reports that representatives from IBM, Dfinity, University College London, LiquidityNetwork, ConsenSys, NEO, R3, the European Commission, Swiss National Bank,… Read More

J.P. Morgan Launches SEPA Instant Payments in Europe

J.P. Morgan announced earlier this week it is advancing its real-time payments offering by launching SEPA Instant in Europe. The banking group reported that with this latest offering it is continuing on its mission to drive efficiency and add critical value to our clients’ business…. Read More

Bank of England Cashier: Cash Use Declining But Cash Still Here

Sarah John, Chief Cashier at the Bank of England told Currency Conference 2019 attendees in Dubai this week that use of cash is declining in the UK but that bank notes are not yet passé. John cited statistics showing that cash use dropped from 61%… Read More

Millennium Trust Launches API to Increase Access to Investments Through SelfDirected IRAs

Money Benjamin Dollars 100

Millennium Trust Company, a provider of alternative asset custody solutions to institutions, advisors, and individuals, announced on Monday the launch of a new digital Application Programming Interface (API) functionality, which enables investment platforms and advisor systems to seamlessly integrate with Millennium Trust’s custody services. Millennium… Read More

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