Here are the most read news stories from our daily newsletter today: Deadline for the Global Covid-19 Fintech Survey is...
As competition amid digital banks heats up, U.S. fintech Current is rolling out a new product designed to make its banking service more appealing. The company announced this morning it’s launching a new high-yield offering called “Interest” that allows any Current account holder to earn a 4.00% Annual Percentage Yield (APY) — a rate that’s […]
TD Bank has signed a partnership agreement with nCino to digitize the bank’s corporate and commercial lending; the nCIno technology will allow for quicker lending decisions and more transparency; nCino’s Bank Operating system features CRM, loan origination, account opening, workflow, content management, business process management, customer engagement, and instant reporting all on a single platform according to Banking Technology. Source.
The early-stage fund will invest in infrastructure projects for blockchain developers.
Miles Reidy is a partner at QED and spearheads the VC firm’s regtech initiatives; Reidy talks about his background, why regtech has its origins in the changes brought on by the financial crisis, the differences that regtech is making in financial services today and more. Source
As Ethereum stands on the precipice of the merge, we question, what are these "consensus mechanisms" and why does this shift even matter?
According to a blog post by the company, the fund will provide. ”financing to promising early stage companies that have the teams and ideas that can move the space forward in a positive, meaningful way”; the company also said it will not invest in security tokens at this time; it is likely that the company is sitting on significant amounts of cash which put it in a good position to launch a fund; revenues in 2017 totaled over $1 billion; Bloomberg reported that the top ten largest crypto exchanges take in $3 million in fees per day. Source
The incoming mayor of New York City thinks that schools should add cryptocurrency and blockchain technology to the curriculum, as Eric Adams ups the ante in his plan to transform the city into a crypto hotspot.
·
Hi there and welcome to Funded, where we spotlight the early-stage bets on the future of tech. Today, we look...
One of the most important and least-discussed points made in the UK House of Lords report on CBDC was nothing to do with payments or money at all. The report notes that witnesses told the Committee that “a CBDC would need to be attached to a digital identification system",