Global

May 8, 2018 @ 12:13 pm By Erin Hobey  |  

P2P lender RateSetter has partnered with aggregators Finsure and LoanKit. Under the partnership, more than 1,400 brokers accredited with Finsure and LoanKit will be able to offer their clients RateSetter’s personal loan and green loan products, reported Australian Broker. The partnerships aims to help accredited brokers improve… Read More

May 8, 2018 @ 11:47 am By Erin Hobey  |  

OpenPort, a multinational digital logistics platform that uses blockchain technology to transform domestic distribution in emerging markets, has partnered with Acudeen Technologies, the P2P platform enabling SMEs to access financing. “High capital requirements, cash flow problems, and a lack of visibility are just some of… Read More

May 8, 2018 @ 11:21 am By Erin Hobey  |  

In under 100 hours, Proxeus created a dApp to issue certificates for the “Bitcoin, Blockchain und Kryptoassets” course run by the University of Basel’s Center of Innovative Finance (CIF) and registering them on Ethereum, making CIF the first institution in Switzerland to use blockchain to… Read More

May 8, 2018 @ 9:37 am By Samantha Hurst  |  

LATTICE80 announced on Tuesday it is currently planning to launch Crypto Exchange exclusively for institutional investors. According to LATTICE80, the new exchange will be catered to Institutional Investors and it will have a market-making engine to provide liquidity to other exchanges and funds. While sharing more details… Read More

May 8, 2018 @ 8:58 am By JD Alois  |  

Transferwise: Over $1 billion Deposited into borderless accounts in the product’s first year Fintech unicorn TransferWise has launched batch payments, a new feature that enables both international payroll and corporate payments to suppliers. Simultaneously, Transferwise announced that over $1 billion has been deposited into their… Read More

May 8, 2018 @ 7:43 am By JD Alois  |  

FinTech Australia says their industry will benefit from the 2018-2019 Australian Budget but big news on Open Banking will wait for a future date. Stuart Stoyan, Chair of FinTech Australia, says he welcomes a number of funding measures outlined in the budget. These include: $44.6… Read More

May 7, 2018 @ 12:33 pm By Timothy Li  |  

  In two of my previous articles, “The Top Ten Fintech Predictions for 2018” and “Top The Fintech Predictions for 2017”,  I predicted a few things to come including The End of Privacy, Vertical Integration and What’s Your Advantage where I visualized Facebook, Snapchat, Tesla,… Read More

May 7, 2018 @ 9:29 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has announced that it is working with a consortium of agencies to accelerate the utilization of artificial intelligence (AI) in the financial services sector. MAS has always sought to keep Singapore at the forefront of Fintech innovation and encouraging… Read More

May 6, 2018 @ 10:05 pm By JD Alois  |  

OurCrowd is one of the largest crowdfunding platforms in the world and, perhaps, the largest early stage platform globally by now. The five year old firm has quickly gone from zero to nearly $1 billion in capital raised with the expectation to surpass the billion dollar… Read More

May 6, 2018 @ 9:09 am By JD Alois  |  

In a speech delivered by UK FCA Competition Director Mary Starks, the public official addressed the topics of blockchain technology and cryptocurrencies. Regarding blockchain or distributed ledger technology (DLT), Starks was more optimistic. Regarding cryptocurrencies, or “cryptoassets” as she labeled them, she was more circumspect…. Read More

May 5, 2018 @ 12:49 pm By JD Alois  |  

The Financial Conduct Authority (FCA) has published an interim report on UK mortgage market. According to the FCA, Mortgage debt accounts for over 80% of total UK household liabilities – so this is a significant sector of finance that has a profound impact on individuals. While… Read More

May 4, 2018 @ 11:48 am By Cali Haan  |  

In what is being lauded as Scotland Yard’s first successful prosecution of cybercrime, a British hacker has been convicted of multiple charges related to the theft of millions of people’s personal data. Grant West, 26, was arrested in the first class section of a passenger… Read More

May 4, 2018 @ 9:59 am By Cali Haan  |  

In 1946, delegates from 25 countries met in Geneva to create globally consistent standards for the development of technology and an organization to govern those standards: the International Standards Organization, or ISO. At last year’s ISO blockchain meeting in Tokyo, the New York Time reports, China… Read More

May 3, 2018 @ 4:45 pm By Cali Haan  |  

ICOData.io, a company that rates Initial Coin Offering (ICOs) to remedy an “intelligence deficit” in the market, has published data showing that ICO investing dropped by almost two-thirds in the first four months of 2018. The organization has just published a chart showing that funds… Read More

May 3, 2018 @ 10:56 am By Erin Hobey  |  

Think along the lines of TheRealReal. Jetzt auf Deutsch! Now shift overseas and to a new — and the 100th — equity crowdfunding campaign launched by Companisto. German-speaking Prelovee’s secondhand market consists of more than 100 online and over 1000 offline stores filled with unique… Read More

May 3, 2018 @ 8:28 am By JD Alois  |  

It has been widely reported that Telegram has decided against a public initial coin offering (ICO). This comes after Telegram raised over $1.7 billion in a “purchase agreement for cryptocurrency,” according to public documents. The first $850 million was raised by just 81 investors, as… Read More

May 3, 2018 @ 7:24 am By Cali Haan  |  

If you thought CryptoKitties were frivolous, wait until you hear about “Lovecoin.” Anyone suffering from extreme levels of both crypto and general romanticism can now waste discretionary funds on one of the latest token trinkets built on Ethereum: Lovecoin. According to the Lovecoin website, Lovecoin… Read More

May 2, 2018 @ 11:40 am By JD Alois  |  

The Governor of the Bank of England, Mark Carney, has appointed Huw van Steenis as a Senior Adviser on the long-term future of the financial system. According to the Bank, van Steenis will work with colleagues from around the Bank to deepen its understanding of… Read More

May 2, 2018 @ 9:30 am By Cali Haan  |  

In what is likely a combined attempt to sidestep US sanctions and compete with Middle East oil suppliers, Venezuela has offered India a 30% discount on crude oil if the country pays for the oil in El Petro, Venezuela’s controversial new cryptocurrency, says Business Standard. Venezuala… Read More

May 2, 2018 @ 8:55 am By JD Alois  |  

Marvelstone Group has announced the opening of the “Smart City Innovation Lab” in the Central Business District (CBD) of Singapore. The Smart City Innovation Lab is said to facilitate the development of joint venture projects with Banks, Corporates and Governments. It will focus on three… Read More