While Gensler deepens confusion on The Hill, the EU passes the first comprehensive crypto law spanning all member states.
City A.M. recently visited Funding Circle’s offices and highlights the stark differences from other financial institutions; the company has a relaxed office with various games typical at many startups; as the company has grown they have made sure to maintain a healthy culture which empowers employees to make decisions and be creative; Funding Circle’s co-founder James Meekings discusses workplace culture, the problems they are solving for small businesses and some of the early challenges the company when they lacked data for underwriting. Source
In the last 18 months there has been a wave of consolidation in the payments sector and that trend looks...
When it comes to e-commerce, the world is smaller than ever. Developing a new global financial infrastructure capable of supporting a world dominated by digital commerce is a massive challenge.
After almost a year in the back seat, the fintech law in Chile is now approved in Congress.
In the world of crypto, where vast amounts of investment are pouring into young and scrappy teams building uncharted technology, it’s increasingly the VC firms who are investing heavily in research to sweeten their sell to early teams with plenty of offers on the table.
In the world of crypto, where vast amounts of investment are pouring into young and scrappy teams building uncharted technology, it’s increasingly the VC firms who are investing heavily in research to sweeten their sell to early teams with plenty of offers on the table.
The venture capital firm released an analysis today further underlining the possible U.S. legal structures for DAOs, and suggesting it might be best not to run offshore to avoid taxes.
Account to Account payments, or A2A, are gradually making inroads in Latin America. Credit cards dominate the market, but that could change.
Starting on April 14th consumers in India will be able to use their Aadhaar ID number to make payments; in theory this could replace payment services like PayTM and debit and credit cards; the Aadhaar Payments System (APS) will allow consumers to use their fingerprints to complete a transaction so long as they have an APS linked bank account; the system is not without drawbacks as there are privacy concerns and the entire system is based around data protection; this does fit in with Prime Minister Narendra Modi's move to a cashless society, though it remains to be seen how everyday consumers will utilize it. Source