Facebook’s march to launching their cryptocurrency started a few years ago with...
News Roundup
This page contains an archive of the Global Newsletter summaries and the weekly fintech news roundups.
Every day the Fintech Nexus news team scours the globe for the most important stories of the day to include in our daily newsletter.
Then every Saturday we bring you our weekly news roundup of the top 10 fintech stories of the week with commentary from Peter Renton.
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Germany's central bank is hosting a blockchain workshop as an increasing number of central banks are exploring the use of blockchain; the event is titled, "Blockchain Technology - Opportunities and Challenges"; discussions will be focused primarily for central bankers and regulators; topics will include the success of blockchain, business cases for the technology and the use of bitcoin; workshop participants include European central bankers, European Union Parliament members, financial institution executives, individuals from academia and representatives from blockchain-based companies. Source
At IBM's InterConnect conference this week in Las Vegas the company discussed its plans for cloud, artificial intelligence and blockchain, three areas that it will be increasingly focusing on for the future; the IBM Cloud will be the base of the growth strategy with artificial intelligence and blockchain driving a full range of capabilities. Source
- OnDeck Adds Former GE Capital and Sun Trust Executives to Finance Team
- Elastic Line of Credit Surpasses $1 Billion in Total Funding
- SenseTime Raises US$410M Series B Financing
- BitGo Raises $42.5M in Series B Funding
- Creditas Raises $50M in Series C Funding
- CAN Capital Makes Three Strategic Hires to Strengthen Sales and Technology Teams
- How asset managers like FinEx Asia are using AI to disrupt traditional bank lending
- Digital challenger Starling to hit profit in 2019 says founder Anne Boden as European expansion takes crucial step
- Compass gets $450M from SoftBank; real estate portal now valued at $2.2B
- Finance teams are ‘bottlenecking’ banks’ digital transformations
- Prosper Appoints Claire Huang to Board of Directors
The Small Business Administration recently started contacting applicants who applied under the...
Cloudvirga Raises $50M in Series C Funding Student Loan Genius Raises $3.5M...
In this podcast interview on PYMNTS.com Rajesh Venkatesh, chief product officer at...
Neo Capital provides details on their business services in their featured blog posts; the firm provides a range of services for wealth management, inclusive finance, consumer finance and investment management with a specific focus on data management and anti-fraud solutions for financial inclusion initiatives; their white paper, "How Big Data Risk Management Helps to Build the Value of Inclusive Finance Rapidly" offers insight on financial inclusion solutions and fintech for financial enterprises. Sponsored Blog Post
Understanding the millennial customer is a key for most lenders in the market today and Stephen Dash of Credible explains how his firm handles this challenge during his fireside chat at LendIt USA 2017 with Dakin Campbell of Bloomberg; identifying who the millennial is and how they consume information will help you to tailor your products to this group; 25% of consumers today fall into the millennial category and Credible believes a strong, focused product set will help them to service this generation efficiently; before looking to sell other types of services you must first build a relationship with them, trust can be eroded in an instant; ensuring a compelling value proposition is the key and fully understanding what the customer needs will help you to hold that customer over the lifetime; ultimately customers are co-owned and you can help to make sure your relationship lasts by showing a loyal and durable product set. Source

