Tagged: perspective

December 30, 2022 @ 8:22 am By Omar Faridi  |  

There are four “over-riding” investment themes that investors will be watching and positioning for in 2023 in order to build their wealth, says the CEO and founder of an independent financial advisory, asset management and fintech organization. Nigel Green of deVere Group’s recently commented on… Read More

December 28, 2022 @ 9:36 pm By Omar Faridi  |  

Akash Sinha, CEO & Co-Founder, Cashfree Payments has provided a brief evaluation of the year 2022 and the anticipated trends in 2023, with respect to fintech, digital payments, BaaS, among other sectors. Sinha noted: “India is in a strong position to become the global leader… Read More

December 26, 2022 @ 9:39 pm By Omar Faridi  |  

Nageen Kommu, CEO at Digitap recently commented on the anticipated trends for the Fintech segment in 2023. In an update shared with CI, Nageen Kommu noted that the Indian Fintech market currently stands “as the third largest Fintech ecosystem in the world and is well… Read More

December 19, 2022 @ 12:07 pm By JD Alois  |  

Regulation Technology or Regtech is the future of regulation and compliance. This much is clear. Yet like other aspects of financial technology, adoption is taking place at a methodical pace. Regtech, alongside “Suptech” [supervisory technology], can alleviate many of the challenges intrinsic to the financial… Read More

December 17, 2022 @ 2:19 pm By JD Alois  |  

  The trifecta of legal action against Sam Bankman-Fried and the failure of FTX blossomed this past week as the US Attorney for the Southern District of New York filed criminal charges against Bankman-Fried. These charges were joined by civil charges filed by both the… Read More

December 14, 2022 @ 8:30 am By JD Alois  |  

In a blog post, Tether announced its intent to reduce secured loans to zero during 2023. Along with the announcement, Tether stated that its current secured loans are overcollateralized and covered by extremely liquid assets. The statement follows a claim published on WSJ.com that said… Read More

December 9, 2022 @ 10:14 am By JD Alois  |  

Yesterday, the Securities and Exchange Commission (SEC), Division of Corporate Finance, revealed a “sample” letter being sent to registered firms demanding heightened disclosure on crypto assets. The new request follows a series of bankruptcies and financial stress from firms in the digital asset industry. The… Read More

November 30, 2022 @ 11:53 am By JD Alois  |  

Binance recently announced the creation of an “Industry Recovery Fund” following the collapse of FTX and the collateral damage it has caused to the cryptocurrency industry. Several other platforms have indicated they have been impacted by the bankruptcy of FTX, and several have shut down… Read More

November 28, 2022 @ 3:19 pm By JD Alois  |  

Crypto markets are far off from their all-time highs, and today another crypto firm announced a bankruptcy filing due to FTX collateral damage. 2022 is not so much a crypto-winter but perhaps a crypto-ice age. The failure of FTX has harmed the entire crypto sector,… Read More

November 28, 2022 @ 8:37 am By Alex Zeltcer  |  

There’s no doubt in the minds of financial organizations and anti-laundering regulators that Know Your Customer (KYC) verified accounts prevent fraudulent activity– and that’s exactly the problem. In the early 1990s, governments around the globe had a growing concern about preventing the increasingly connected banking… Read More

November 23, 2022 @ 9:52 am By JD Alois  |  

Senator Elizabeth Warren, a member of the Senate Banking Committee and a longtime crypto-skeptic, has published an Op-Ed on WSJ.com, slamming the crypto industry and warning that crypto is poised to destroy the economy. The opinion follows a series of prominent crypto platform failures topped… Read More

November 21, 2022 @ 12:43 pm By JD Alois  |  

  QED Investors is probably the most prominent and successful Fintech-focused venture capital firm. Holding dozens of well-known names in their portfolio – including multiple unicorns, QED is hyper-engaged with the  Fintech ecosystem around the world. Recently, QED distributed a couple of comments on the… Read More

November 10, 2022 @ 2:17 pm By JD Alois  |  

Ten years ago, a group of proponents published a document that outlined “A Framework for European Crowdfunding.” The document was widely distributed as individuals interested in online capital formation shared the framework, looking to garner support among policymakers to enable securities crowdfunding. The main authors… Read More

November 4, 2022 @ 8:53 am By Andrew Howell  |  

From sea shells to stones, physical tokens have represented units of value for thousands of years. Recently, blockchain technology has given rise to the digital token economy, where items of value can be represented cryptographically. A growing marketplace has rapidly formed around this new technology… Read More

November 1, 2022 @ 9:15 am By Lee Schneider  |  

Blockchain seems to be an endless source of misunderstanding and myth-making, to the extent that sometimes it is treated as a form of magic. This needs to stop.    Blockchain is awfully cool, it solves an important issue for the internet age, and it is… Read More

October 24, 2022 @ 1:06 pm By JD Alois  |  

Announced towards the end of 2021, Republic purchased UK-based Seedrs combining one of the most active securities crowdfunding platforms in the US with a crowdfunding leader in the European market. The deal officially closed several weeks back following a review by UK authorities. When the… Read More

October 24, 2022 @ 10:43 am By JD Alois  |  

There has been a lot of initial excitement surrounding the possibility of a digital dollar – a government-issued, central bank digital currency (CBDC).  The enthusiasm is primarily due to certain expectations that a CBDC will be frictionless, a low-cost currency that will help underbanked segments… Read More

October 24, 2022 @ 9:46 am By JD Alois  |  

UK markets are showing a sign of relief following the news that former PM Boris Johnson has decided to pass on another go as the occupant of Number 10 Downing Street, and Penny Mordaunt tweeted she would stand down from the race, thus clearing the… Read More

October 17, 2022 @ 10:23 am By JD Alois  |  

A day before Goldman Sachs (NYSE:GS) will post its Q3 earnings, a report has been distributed indicating Goldman will pursue a major overhaul of the structure of the banking firm. According to WSJ.com, investment banking and trading will now be a single division, asset and… Read More

October 16, 2022 @ 11:35 pm By JD Alois  |  

There has been much discussion as to the benefits of Central Bank Digital Currencies (CBDCs). Many developed countries are researching the pros and cons, and China has been testing with consumers a digital yuan for some time now. The flip side to a CBDC is… Read More