Global

June 27, 2018 @ 9:28 pm By Samantha Hurst  |  

Toyota Financial Services (TFS) announced on Wednesday it has formed a global partnership with Silicon Valley innovator Plug and Play. The company reported that the partnership was created to promote corporate innovation with startup companies offering financial services solutions. Through the new collaboration, TFS will promote… Read More

June 27, 2018 @ 1:51 pm By JD Alois  |  

The Government of Malta has passed three cryptocurrency-related bills that are designed to make the EU country more attractive to ICO issuers and other blockchain based businesses. The new law will regulate the use of distributed ledger technology (DLT or blockchain) and each bill is… Read More

June 27, 2018 @ 7:18 am By JD Alois  |  

Global financial services firm ING is out with an interesting report on cryptocurrency. Partnering up with Ipsos to create Cracking the Code on Cryptocurrency, ING surveyed much of Europe to gain insight into this emerging sector of finance. According to the research; 66% of individuals… Read More

June 27, 2018 @ 6:31 am By JD Alois  |  

The Bank of England has just issued its most recent Financial Stability Report. Of course, the Bank has its hands full right now with the Brexit drums pounding. It’s all hands on deck to assure nothing cataclysmic occurs when the European divorce is finalized. There… Read More

June 27, 2018 @ 5:04 am By JD Alois  |  

Portuguese peer-to-peer lender Raize has announced an initial public offering (IPO) where it will float 15% of the company’s shares. An additional 10% of shares will be made available for a period of 6 months once trading starts on the 18th of July – trading… Read More

June 27, 2018 @ 4:49 am By JD Alois  |  

4finance Group S.A., one of the largest online lenders in Europe, has appointed Oyvind Oanes as Group CEO. Oanes will step into the role on August 1, 2018 succeeding current CEO Mark Ruddock, who will return to the Group’s supervisory board. Ruddock said that over the… Read More

June 26, 2018 @ 2:07 pm By JD Alois  |  

Last week, Neufund, a blockchain based platform for the issuance of security tokens, announced the very first  companies were preparing to tokenize their equity using their service. These “equity token offerings” or “ETOs”, as referenced by Neufund, were said to be compliant within German securities… Read More

June 26, 2018 @ 11:52 am By Erin Hobey  |  

Venture capital firm Hack VC is prepping for its bi-annual event, hack.summit(), a gathering and hackathon of some of the world’s key technical leaders in blockchain. To be held virtually on 9-11July 2018, this year’s hack.summit() theme is blockchain, with headline speakers including technical founders of… Read More

June 26, 2018 @ 11:06 am By Erin Hobey  |  

A few days since its airdrop distribution of football tokens (or soccer tokens in the US),  during which Waves Platform said that it would distribute 150,000 cryptocurrency tokens to the wallets of its users free of charge (users must first create a wallet on their platform… Read More

June 26, 2018 @ 10:57 am By Cali Haan  |  

The streets of Tehran filled with protestors yesterday as citizens vented frustration about declining economic conditions and the steady devaluation of the country’s currency, the rial. A composite of videos from social media posted by Radio Free Europe shows mainly male protesters standing behind burning… Read More

June 26, 2018 @ 9:30 am By JD Alois  |  

This may be a harbinger of things to come. StraightUp,  an online real estate investment platform, has merged with Slice. The is to combine real estate investment opportunities via a blockchain enabled platform thus boosting transparency, liquidity, and efficacy of transactions. The two companies said… Read More

June 26, 2018 @ 7:44 am By JD Alois  |  

Max Bense has joined collectAI – a digital receivables management company and part of the Otto Group. collectAI recently announced a partnership with Hanseatic Bank, a subsidiary of Société Générale, and has officially launched in the UK this spring. collectAI provides AI-based receivables services, covering the… Read More

June 26, 2018 @ 6:22 am By JD Alois  |  

Two years after an expansion into Italy, Younited Credit is reporting having topped €100 Million in loans. The online lender says that today 40% of its credit activity is outside its base in France. “Many start-ups are embarking on European and global development ambitions, but international… Read More

June 26, 2018 @ 3:33 am By Erin Hobey  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has launched its framework to regulate spot crypto asset activities, including those undertaken by exchanges, custodians and other intermediaries in ADGM, following the successful completion of a public consultation on the introduction of… Read More

June 25, 2018 @ 8:44 pm By Cali Haan  |  

The head of research at the bank coordinating the world’s top 60 central banks, the Bank for International Settlements (BIS), told delegates at its Annual General Meeting Sunday that he does not believe cryptocurrency blockchains in general can scale and transact enough to threaten the… Read More

June 25, 2018 @ 12:26 pm By JD Alois  |  

Last week, LendingCrowd CEO and cofounder Stuart Lunn published a pointed blog post addressing recent changes to the “operating principles” as set forth by the UK Peer to Peer Finance Association (P2PFA). LendingCrowd is currently not a member of the P2PFA. Lunn stated in the post;… Read More

June 25, 2018 @ 7:34 am By JD Alois  |  

Fintech Blackmoon says it has “solved” the crypto challenge by creating investment solutions that combine a simple strategy, returns superior to Bitcion and low fees. Today, Blackmoon has announced the launch of three different crypto indices accessible via asset tokens on the Blackmoon platform. Blackmoon… Read More

June 25, 2018 @ 7:01 am By JD Alois  |  

Fintechs Banco BNI Europa and Raisin have furthered the collaboration between the two firms. Banco BNI Europe says it has entered into a cooperation to allow Portuguese savers to gain access to the best savings rates available from across Europe. BNI Europa Executive Chairman Pedro… Read More

June 25, 2018 @ 6:31 am By JD Alois  |  

On June 14th, EOS (or BlockOne) announced that the EOSIO Network was now live on the mainnet. The launch has not been without a hiccup or two. Soon after launch, reports hit about EOS freezing.  EOS is moderated by “Block Producers or BPs. These are the… Read More

June 25, 2018 @ 4:44 am By JD Alois  |  

Digital bank Starling Bank has launched a new feature to streamline the process of creating joint accounts without ever having to visit a UK bank branch.  The mobile application process uses Google Nearby tech to enable Starling users to securely apply for a joint account in just… Read More