LendIt Europe 2017 keynote speaker Christoph Rieche, Iwoca CEO, announced the API with fellow fintech Tide is now live; the API allows third parties to access Iwoca’s credit and underwriting process which can decide on a loan within 10 minutes; Tide will provide Iwoca with data to help speed up credit decisions. Source.
La plataforma detrás de Socios.com, Chiliz ($CHZ), anunció la renovación de la blockchain de su plataforma bajo el título Chiliz Chain 2.0 (CC2), una testnet con la que busca brindar a marcas deportivas, ligas y clubes enteros a explorar la Web 3.0, desde acuñar tokens no fungibles (NFT), fan tokens,...
Upstart announced Q2 earnings on Monday, disappointing investors. The company lost $32.1 million overall, on total revenue of $228 million.
Cboe Proposes Plan That Could Curb Advantages of Fast Traders European banking needs a Big Bang Hong Kong-based EMQ raises...
Blockchain capital is a venture firm focused on bitcoin, blockchain and other crypto projects; according to SEC filings they are raising $150 million between their two funds Blockchain Capital IV and Blockchain Capital Parallel Fund IV; the funds have raised $60 million and $25 million respectively to date; the funds are similar when it comes to deploying capital, but in the parallel fund investors will contribute cryptocurrencies to invest. Source
As the crypto sector gains traction, appealing to the mass market becomes critical. Learning from fintech's UX journey could help.
To continue a global expansion of the bank they needed to remodel it around technology; they needed to transform to handle the customer base, which currently stands at over 660 million, more effectively; increasing bandwidth has been a main focus according to China Construction Bank’s CIO Jin Panshi, “We don’t just need bandwidth for 4K or HD video, but we also felt that AI capabilities, including voice and facial recognition, were urgently needed.”; they have also migrated about 83 percent of distributed applications to the cloud and continue to keep innovating to try and stay ahead. Source.
The illustrious awards ceremony, with a star-studded list of nominees, will be held in New York at the end of Fintech Nexus USA.
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Recent crypto hacks teach the importance of security testing, the limitations of Web3, and the need to hold judgment until all facts are in.