The Quadrata launched their first major product, a low code Web3 passport for defi KYC, after forming eight months ago in Aug. 2021.
Launches 'Buy Now Pay Later' scheme, sets up a wholly owned subsidiary to extend loans for the service
Revolut has launched operations as a bank in 10 Western European nations, allowing it to provide its customers in these markets deposit protection.
In an op-ed in City A.M. the Lord Mayor of London, William Russell, argues that the fintech revolution began in...
New CFPB chief’s memo to staff: Enforce law, but don’t presume guilt 2019 could be the year CRA deadlock ends...
Synthetic identity fraud continues to develop into the fastest-growing type of financial crime in the U.S.
RateSetter saw pre tax losses jump to $31mn from $7.1mn due to a bad loan to an advertising company; RateSetter also saw revenues jump by 38 percent as well as increases in customers and borrowers; the bad loan was absorbed by the lender as they explained it fell outside their credit policy and it was unfair to put the losses on their investors. Source.
A new report by ratings agency Fitch says digital banks could be more vulnerable than traditional banks in the event...
The digital push at BBVA has helped the company to a 20 percent rise in profits; the changes have helped the company to lower costs while boosting profits; “The strength of recurring revenues and the improvement in efficiency show that we are advancing decisively in our transformation strategy,” said Francisco González, the group’s executive group chairman to the Financial Times. “2017 was a good year and 2018 will be an even better one.” Source.
At Fintech Nexus' Merge 2022 event, the future of DeFi and DAOs was discussed. Lex Sokolin believes it is time for a new economy to be born.