In China, there is no regulation around NFTs yet. Users can buy these digital collectibles from a marketplace but secondary trading is heavily restricted....
New Resource Bank has been offering asset based loans through a partnership with P2Bi and the agreement could help to establish a template for smaller banks working with fintechs; the partnership is a win-win for P2Bi with more leads and the bank as they get to more efficiently work through customer relationships that might normally take more time and energy than it would be worth. Source.
Crypto lending platform BlockFi will pay the U.S. Securities and Exchange Commission (SEC) $100 million in a settlement over claims that the company violated securities law through its interest account offering, the regulator announced today. The settlement represents the largest recorded penalty incurred by a crypto firm, Axios first reported. BlockFi will pay $50 million...
Expertos ven un espacio para el BNPL, particularmente porque ofrece beneficios para los comerciantes, aunque este no es muy popular en Brasil...
Bloomberg published a note in the last few days saying Bitcoin could double to $20,000 before the year is over;...
Today, Kabbage announced the launch of their new small business checking account called Kabbage Checking; it is being offered in...
Banks often regard prepaid cards as high risk/low reward. In fact, prepaid technology is now being used to create digital products quickly.
Through Autonomous NEXT the research firm will provide a suite of products and services with in-depth analysis of banking innovation and fintech; Autonomous Deputy CEO Erick Davis says, "We discovered untapped demand for insight on financial technology and innovation, and are excited to bring this to market."; focus areas will include robo advisors, blockchain, neobanks, insurtech, chatbots and artificial intelligence; in its first available report the firm provides metrics on fintech growth by financial services category. Source
Under its £100 billion Climate and Sustainable Funding and Finance ambition, NatWest is now providing tools, via an online Climate Hub, to help small and medium-sized enterprises (SMEs) go green.
Dow Jones has released its European Venture Capital Report for the fourth quarter; shows venture capital investment in Europe increasing from the third quarter of 2016 and also from the comparable quarter in 2015; European companies raised approximately 2.93 billion euros ($3.11 billion) from 539 deals in the 4th quarter, a 35% increase from the previous quarter; the number of deals also increased by 9% from the third quarter; the UK was a market leader for investment with 122 deals totaling 754 million euros ($799.35 million). Source