Fintech firm Quovo launched its bank API in November 2016 with 18 financial institutions; it has now expanded to 215; the API technology allows fintech firms to verify accounts and offer ACH payments and transfers; Quovo's recent partnership expansion has also included credit unions and regional banks. Source
The price of bitcoin was trading at $10,026 on the South Korean exchange CEX while at the same time trading at $9,748 on US exchange Kraken as of early yesterday; the 3 percent spread was not the first time this happened and leaves open the potential for some to take advantage but also shows the immature nature of the market; this has been part of the reason why institutional investors have not fully bought in, though some have and the recent news from the CME could help to ease more concerns. Source.
On episode 40 I talk with John Paasonen of Maxwell helping lenders serve their communities by channeling mortgage and technology expertise.
DocuSign will now be a federal technology provider as it was certified by the Federal and Authorization Management Program (FedRAMP); the company is the first and only e-signature company authorized for use; the FCC will be the first to use DocuSign for procurement and human resources; DocuSign has previously worked with local government agencies. Source
A fiat-to-payments-and-back app is needed for cryptocurrency to fulfill its original backers' vision and provide real-world utility.
An article in the FT shares examples of businesses that have not benefited from the recent economic expansion and at...
Today, Scotiabank has launched a new information hub targeted at seniors called Bank Your Way; in celebration of Senior’s month...
Challenging conditions have companies cutting funding from product development and workforces - some believe innovation is a better answer.
It has not been a smooth sail for smaller Mexican fintechs either, who have struggled to meet requirements.