Millions of people have lost their jobs in the past two weeks which is having a tremendous impact on our...
Superior mobile app performance is a must, especially for users of fintech apps, since these are being used for sensitive and urgent purposes related to managing and handling users' money.
UK based Pia, personal investment assistant, is testing their new aggregator platform to help people find the best digital wealth advisor; “We spent time speaking to people who said we need to launch a product that’s far more accessible, interesting and engaging for somebody that doesn’t have a lot of investing experience and don’t know where to start,” said co-founder James Mackonochie to TearSheet; the difference between Pia and a typical aggregator site is they will use an AI powered chatbot to customize the user experience. Source.
No new bank applications have been filed with the FDIC since the end of December, which is the longest drought...
There are many consumers who have a thin credit file or no credit history at all; a new bill called...
A new bill from Senator Kirsten Gillibrand (D-NY) would turn post offices into banks by taking deposits and making loans;...
The Keep Innovation in America Act would lay out a definition for crypto brokers, newly bound to the tax reporting rules.
New York state’s Department of Financial Services has given approval for Gemini to offer custody services and also allow trading...
Token-as-a-Service (TaaS), co-founded by Konstantin Pysarenko, Ruslan Gavrilyuk, Dmytro Chupryna and Maksym Muratov, will offer a blockchain fund through an initial coin offering (ICO); the fund will issue tokens which represent a proof-of-membership; the fund will perform a cryptographic audit to track trading activity; TaaS is also developing a new blockchain analytic platform called Kepler that will provide data similar to Bloomberg; according to founder Konstantin Pysarenko: "The overall aim of TaaS is to deliver long-lasting innovations in the blockchain industry. And, we believe that TaaS and Kepler are on track to revolutionize the journey of investing in cryptocurrencies and tokens forever and we are excited to watch it all unfold." Source
The Cambridge Centre for Alternative Finance’s new report Entrenching Innovation showed that the UK online alternative finance market grew 46 percent in 2016; investors surveyed by the report said that online platforms offering debt based products were on equal footing to that of typical fixed income assets but more transparent; industry veterans say this points to the long term chances of the market and its wider acceptance in broader financial services. Source.