Online brokers like Robinhood are hyping fractional share trading — here’s why they want to get you hooked on $1...
Amberdata raises $30M to chase the “unlimited opportunity” of bringing traditional finance into web3
Amberdata, an institutionally-focused digital asset data provider, has raised $30 million in its Series B, its CEO Shawn Douglass exclusively told TechCrunch. “We decided to do this raise right now because we grew so much in the past year that there’s an unlimited opportunity to go out and be the...
Citi announced the launch of a new global API Developer Portal (developer.citi.com) to connect with developers and enable them to build innovative client solutions; the open architecture will help facilitate collaboration and partnerships with fintech companies and consumer brands worldwide; Citi will grant developers access to APIs across six usage categories: account management, peer to peer payments, money transfer to institutions, Citi rewards, investment purchases and account authorization; Citi plans to add more categories over time and developers are encouraged to register with Citi to use this portal. Source
Often marketed as a "force for good," UK fintech's actual impact on issues such as diversity and the climate crisis remains limited.
French casino and hotel business, Groupe Partouche, has partnered with MeReal Biometrics for use of the company's smart cards; the smart cards from MeReal Biometrics are a featured product at the Web Summit this week; employees of Groupe Partouche will begin using the fingerprint identity cards in select locations and expansion is expected to more locations and guests if successful. Source
Jilliene Helman won the LendIt Fintech Woman of the Year award at LendIt's first industry awards show and has led RealtyMogul since 2013 as the firm's founder; offering debt and equity real estate investments as well as a REIT, RealtyMogul is one of the most innovative real estate investing platforms that has evolved from the JOBS Act's new regulations for crowdfunded investments; Helman talks with Forbes about the firm's REIT investment, the experience of its management team, and how economies of scale and the firm's technology are helping the firm succeed. Source
Fannie Mae is testing a new program which would have appraisers assess a property without physically visiting it; appraisers will...
Some Americans are already receiving stimulus funds via direct deposit; however the reality is that many consumers still lack bank...
This BBC article … The remarkable items that have been used as currency … got me thinking about tokenisation. The article discusses the use of shells, specifically the seasnail shell called a cowrie, and how it became a global currency by around 1200BC. Although the cowrie is mainly found in …
The Virginia pension fund has a series of crypto investments dating back to 2019.