Thomas Peterffy, CEO of Interactive Brokers Group, sent a letter to the CME and OCC Clearing Members voicing concerns about bitcoin futures; Mr. Peterffy believes bitcoin price movements are too big and arbitrary; he would prefer to put the clearing of bitcoin into an isolated clearing house or another isolated entity; he is sounding the alarm because he does not want to see the repeated mistakes of the 2008 financial crisis. Source.
Visa and Mastercard credit card-issuing banks with more than $100 billion in assets would be required to give merchants a lower-cost choice for processing each transaction under a new bill proposed to spur competition.
Stagnant spending is not only slowing the overall economic picture but it is also cutting a big revenue driver for...
Además, 27% de los encuestados peruanos apuntó que buscaría “entender mejor” cómo funciona la tecnología alrededor de las criptomonedas y esperar una mayor regulación para invertir, y un 37% de los encuestados esperará informarse más con los medios de comunicación para conocer más sobre el mercado...
Attendees at the second Crypto, Fintech & Banking meetup at LIBF last week were keen to learn more about the limitations of bitcoin, tokenization, and what tax looks like on the blockchain.
The value of investment into the NFT art market has increased significantly, jumping from $31 Million to $755 Million.
TearSheet put together 5 interesting charts helping to provide greater explanation to certain areas of fintech; the charts include where and how banks spend on innovation, Goldman Sachs job listing, ethical concerns in using AI, mobile wallet traction and the top reasons for borrower dissatisfaction; the charts helped to reveal that Goldman is working hard to become a technology company, mobile wallet traction is quite low and interest rates by online lenders is the second biggest reason for borrower dissatisfaction. Source.
Every month P2P-Banking shares the loan volumes of the top international p2p lending companies; In January Mintos led originations with...
The international group of regulators called the Global Financial Innovation Network (GFIN) has expanded to 29 countries and is inviting...
This Week in Startups interviews the CEO of 21.co, Balaji Srinivasan; 21.co is one of the most well funded blockchain companies; Srinivasan is also a board member at Andreessen Horowitz. Source