According to HousingWire Amazon is exploring the mortgage lending business and is actively hiring in the new division; the company is already rumored to be looking into offering a checking product. Source
The EU is working on a license for crowdfunding and p2p platforms to operate across multiple countries across Europe; the aim is to simplify the work required in each specific country to operate; AltFi shares perspectives from multiple platforms in Europe on the plans for a license. Source
Since our inaugural roundup of the Blockchain 50, published in 2019, the billion-dollar companies (minimum, by sales or market value) on our annual list have moved beyond test projects and now rely on “distributed ledger” technology to do serious work.
The crypto exchange's CEO is also willing to buy bitcoin for his company depending on the price.
Digital and contactless payments are accelerating during the pandemic which leaves cash in a precarious position; cash is still being...
Last year Accenture ACN issued a digital banking report showing the gap between banks who are digitally focused and those...
Small business owners who sell on Amazon’s platform will soon receive invitations for revolving credit lines from Goldman Sachs; fixed...
Chime currently has 8 million customers and half of them leverage Chime for direct deposit; in 2018 Chime reported 1...
The new fund will allow accredited investors to access all of the cryptocurrencies currently on Coinbase; the currencies will be weighted on market capitalization and new cryptocurrencies will automatically be added to the fund; the fund will charge a 2% management fee. Source
State regulators are stepping into action to regulate earned wage access. But the process is slow and could create a mismatch for providers.