Banks are feeling the hurt like everyone else and they need to operate in a new reality; many have started...
Harmoney is New Zealand’s first and largest p2p lender, launching in 2014; since then they have built up a loan...
Some of biggest bitcoin miners in China have reportedly been looking to set up operations in other Asian countries; there has been conflicting reports out of China is the last week as to what the country is doing when it comes to mining operations; the PBOC has not made official comments yet and the mining overall doesn’t look to slow down as other countries can fill the role of China. Source.
Steve Eisman is famous for shorting the subprime housing market prior to the financial crisis; he recently spoke at the...
SBI Holdings, a Japanese securities and banking giant that launched a crypto-asset fund for retail investors last year, has been actively investing in the infrastructure that will allow it to roll out more crypto products.
Swift says that blockchain technology is not yet ready to handle the billions in daily cross border bank payments; they recently completed a proof of concept test to reconcile international payments between 34 banks; they said the test went well but that progress was still needed before they can trust the technology to handle the scale; the other aspect to consider is that the 11,000 thousand banks on the Swift system would still need to make upgrades to switch to blockchain based payments. Source.
The Wall Street Journal provides a picture of Wirecard’s current business, comparing revenue, bank debt, investments and lending over time;...
Galileo launched a beta of Galileo Instant last year and this week they are releasing it into the wild with...
Crypto investment maintains the potential for wealth creation, despite the recent downturn, what will it take to push the market further?
CB Insights just released their FinTech 250 for 2021: These are the top FinTech firms in the world, in their view.The companies were selected by CB Insights’ Intelligence Unit from a pool of over 17,000 companies and, at last look, I’m tracking over 25,000 FinTech start-ups worldwide who garnered...