The new startup, 10X Future Technologies, partners with challenger bank Virgin Money to build a new digital banking platform; the new deal comes to light just one day after 10X Future Technologies was launched to the public; Virgin Money is listed on the FTSE 250 and will count on 10X to build a cloud-based core banking system that will deliver new products in a more cost efficient manner. Source
"Bitcoin, a New Asset Class" has been published by authors Chris Burniske and Adam White; in their research they identify bitcoin as an emerging asset class analyzing its characteristics over time; they find that its volatility has been decreasing while its price has been increasing; the authors make the case for including bitcoin as an investment in modern portfolio theory calculations; they expect the cryptocurrency to gain increased institutional investment and imply that including it in a modern portfolio theory managed account could help investors more efficiently manage the investment risk according to their risk tolerance. Source
US fintech giant Fiserv acquired Argentine digital wallet Yacare to ramp up its offering to clients and compete with Mercado Libre.
NayaOne has partnered with Lloyds to develop their Innovation Sandbox, aimed at streamlining the bank's digital development.
UK based online real estate lender LendInvest announced a $328mn securitization deal yesterday which is the second in the last...
The solution lies in blockchain-powered protocols that increase transparency and efficiencies while handling compliance for workflows.
The biggest fintech show on the east coast is just one month away, Fintech Nexus USA 2023, and discounted pricing ends April 21.
There is a growing need all across the financial services landscape for top tech talent and now colleges are offering...
Buy now pay later startups like Affirm have seen a big boost in activity since the crisis began; “We see...
Chinese company’s investment announcement comes a month after Mercado LiBre bought a stake in Mercado Bitcoin’s parent company