Today, SoFi announced a new index fund focused on the gig economy; GIGE trades on the Nasdaq and is actively...
Raisin has over 100,000 customers and launched investment products for their customers in Germany; customers will be able to choose from index or exchange traded funds from Vanguard or DAB BNP Paribas that cost less than .5%; Germany is a newer market for Vanguard which listed its ETFs on the German stock exchange last year. Source
In a recent speech on the future of money Bank of England Governor Mark Carney said a ban on crypto would stifle the useful innovation with blockchain; Mr Carney tells the FT about payment systems needing to change, “These must now evolve to meet the demands of fully reliable, real-time, distributed transactions.”; he also talked about the community driven approach to the tech and the many use cases for it that increases efficiency and transparency around systems that are in need of an upgrade. Source.
Chris Tremont, head of Radius’ virtual bank, joined the Tearsheet podcast to talk about how the bank has used fintech...
Congress is in the midst of debating another stimulus package to help support consumers and small businesses as the pandemic...
As August comes to a close, Metaplex, a Solana NFT platform, announced it surpassed $1 billion in direct NFT sales after one year.
JPMorgan Chase and PNC, two of the largest banks in the country, are increasingly at odds with companies like Plaid...
A new product from Personetics and MX will help small banks to provide their clients with a better understanding of...
Orange is a large French telecom company and recently announced plans to launch their own bank; the company is hoping to capitalize on the movement to online banking and is the first telecom company to launch a bank; they are targeting 2 million clients in ten years which would represent 25% of the online banking market; 25,000 of their current customers have expressed interest in the new offering (out of its 21 million mobile clients). Source
While Gensler deepens confusion on The Hill, the EU passes the first comprehensive crypto law spanning all member states.