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Fintech

Asia/PacFintechNews Roundup
·Aug. 9, 2017

Lend Academy Article: Wu Jihan: The Mysterious Man Behind Bitcoin Blockchain Split

Bitcoin blockchain split on August 1, and rumors are that Bitmain CEO Wu Jihan is the man behind the split; Wu Jihan is an aggressive supporter for Bitcoin Unlimited, which believes that the size of these blocks should be increased; Wu Jihan's company, Bitmain, is the world's largest bitcoin mining hardware manufacturer; the company also runs the world's biggest mining pool, AntPool. Source

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Fintech
·Feb. 23, 2022

Square Brought Credit Cards To Small Merchants And Survived Amazon

Jim McKelvey, who co-founded Square with his pal Jack Dorsey, hasn’t been content to merely create a hugely successful innovator in card payments, he wanted to understand what had made it successful.
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Fintech
·Jul. 27, 2022

Kraken, a U.S. Crypto Exchange, Is Suspected of Violating Sanctions – The New York Times

The Treasury Department is investigating whether the crypto exchange allowed users in Iran to buy and sell digital tokens, said people with knowledge of the matter.
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FintechNews RoundupUSA
·May. 1, 2018

Zelle Sees a lot of Potential in B to C Payments

Zelle is hoping to grow their B to C payments by more than 10 percent in 2018; the company already...
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FintechNews RoundupUSA
·Apr. 2, 2020

Fintech Entrepreneurs Making the 30 Under 30 Asia

Forbes features entrepreneurs on this year’s 30 Under 30 Asia who are looking to provide better access to financial services;...
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FintechNews Roundup
·Mar. 18, 2019

Announcements & Releases for March 18, 2019

Zopa returns to investors nears £250m Overstock Earnings: E-Commerce Delivers Loss but Blockchain Projects are “Some of the Most Significant...
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Fintech
·Jul. 12, 2022

How Brands Like Home Depot, Coach, And Playstation Will Make Millions Selling Financial Services

The bottom-line result of brands providing financial products to consumers creates a flywheel effect—the financial products not only generate revenue, but they lead to consumers spending more money on the brand’s products and services than they had before obtaining the financial product.
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Mortgage online FormFree Finastra
Fintech
·Aug. 30, 2022

FormFree and Finastra partner for easy mortgage underwriting

Finastra partnered with FormFree to streamline borrowing for mortgage lenders with an automated underwriting process.

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FintechNews RoundupUSA
·Jan. 16, 2017

White House Statement of Principles on Fintech

In June 2016 the White House held the White House FinTech Summit for regulators and industry stakeholders; on January 13 the White House published a white paper on its principles titled, "A Framework for FinTech"; the paper outlines government policy objectives for fintech as well as ten principles; the white paper also outlines agency actions to date.  Source

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FintechNews RoundupUSA
·May. 11, 2020

Schwab Buying Motif Technology after Platform Shutdown

Motif, a robo-adviser platform recently announced that they were shutting down; now Charles Schwab is acquiring Motif’s technology and intellectual...
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