Tagged: fintech lenders

China’s Big Lenders and Fintech Firms to Distribute Virtual Yuan Tokens, which will be Highly Traceable, Potentially Amplifying Government’s Power: Report

Andy Mukherjee argues in a recently published Op-Ed in the Washington Post that the virtual yuan could potentially transform “the relationship between money, economic power, and geopolitical clout.” The digital renminbi has been under development since 2014. Its top-level design was recently finalized and its… Read More

Lex Sokolin: Global Fintech Co-Head and CMO at ConsenSys Predicts Greater Convergence Between Fintechs and Incumbents in Coming Years

We recently talked to Lex Sokolin, the Global Fintech Co-Head and CMO at ConsenSys, a leading Ethereum (ETH) development studio based in New York. Before joining ConsenSys, Sokolin was the Global Director of Fintech Strategy at Autonomous Research, a firm that was eventually acquired by… Read More

Indian Fintech Lenders are Concerned About Poor Monetary Transmission by Banks and Capping of Interest Rates: Report

Indian Fintech firms that issue loans to SMEs have welcomed the government’s efforts to provide greater liquidity to the banking system. However, financial technology companies are concerned about the poor monetary transmission by local banks and the capping of interest rates. India’s non-bank lenders have… Read More

It’s “Absolutely Essential” for Smaller Lenders to Work with Fintech Firms, According to Community Banking Executives

Community banks and credit unions have been finding it difficult to keep their platforms updated with the latest innovations because of limited capacity, lack of industry skills and expertise, and relatively small budgets. Due to these limitations, small lenders have been working with Fintech firms,… Read More

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