The crisis "unlike any other" that Jelena McWilliams referenced Thursday is COVID-19 — and the regulator's response to it — not the unusual political squabble that spurred her exit.
Digital Identity is an aspect of CBDC design causing much debate. For some, it is the end of freedom, others dub that "unnecessarily alarmist."
2016 was an influential year for blockchain technology; companies across all industries invested in blockchain development; CoinDesk reflects on the year with 13 top stories on blockchain; among the leading headlines were Hyperledger and R3, consortiums which led development within the industry; central banks explored the use of blockchain with the Bank of England announcing in January plans for testing distributed ledger with its settlement system; IBM took a lead role, both with its blockchain as a service offering and involvement with the Hyperledger Project; digital currencies were also at the forefront of industry activity. Source
Following a company-wide meeting Tuesday afternoon, CEO Vlad Tenev of the retail trading app Robinhood announced a 9% cutback of staff.
In March 2022, the SEC released a proposal for mandatory climate reporting regulations which was met with mixed views. If Europe is anything to go by, it could create significant opportunities in the fintech sector.
Companies like Euronet are focused on the international use cases for real-time payments that often get overlooked by domestic transaction rails.
While speaking on a panel at Money 20/20 former and current regulators talked about the different approaches to fintech regulations; the Financial Conduct Authority recently released a report showing the UK approach has helped get new ideas into the market and seen companies get access to much needed capital; the US on the other had has seen federal and state regulators argue over proposed charters; there could be a lot the US can learn from the current UK program. Source.
One of the most maligned of all financial products is the overdraft. Some banks love this product and generate a...
A new study by JD Power shows that most people, even digital first millennial customers, prefer to open bank accounts...
In 2017 QuickFi Set out to bring innovative tech to equipment finance, a $1 trillion industry in the US stuck in the stone ages.