Goldman Sachs Co-Chief Information Officer Marco Argenti sent a memo seen by Business Insider that details the potential of building...
Madhvi Mavadiya, Head of Content at Finextra, just posted a great list of developments in Central Bank Digital Currencies (CBDCs). She promises to keep it updated and the link is here. It covers every country from Antigua to Curaçao to Iran. 80 countries in all. As my main interests are …
The central banks of Britain, Japan, the euro zone, Sweden and Switzerland have teamed up with the Bank for International...
American Banker sat down with Varo Money CEO Colin Walsh to talk about where the company stands in their quest...
AltFi takes a look into the future at what the new Payment Services Directive will mean when it takes effect in 2018; companies will learn a great deal by trial and error as this is a new market and new markets need time to grow; client on boarding using KYC and AML requirements will be a key test for global banks who need to comply with the directive; open banking might also allow for banks to come across new customers that they might not have had access to in the past; ultimately client value is the biggest takeaway and open banking has the ability to deliver more to the client. Source
A week after halting customer withdrawals, BlockFi said it is filing for Chapter 11 Bankruptcy on Monday morning.
Just when you thought you had got a handle on blockchain, it turns out not all are equal. Modular could solve scalability and more.
Daniel Sathyanesan spent two years at tech behemoth Apple as a user experience designer on the Apple Card before venturing out on his own. While running his own business -- a service-based design agency -- Sathyanesan quickly realized that banking options for a digital solopreneur were less than...
Innovate Finance is planning to move from Canary Wharf to a new location in the Square Mile; the industry body also plans to provide space for startups; Mark Boleat, the City of London's policy chairman, also noted they plan to bring broader and faster wireless coverage in order to attract small businesses stating that the Square Mile was a "natural place for fintech to coalesce." Source
In a world dominated by Wise, Revolut and Monese, can you remain faithful to just one set of consumers? These fintechs hope to succeed where others failed.