Tag: fintech
A close member of the family recently wanted to take advantage of the sign up bonus offered by a UK legacy bank (which shall remain nameless). Although he of course (as a family member) uses one of the new digital disruptor banks, as a student of limited means, the bonus was something not to be […]
News highlight for 3 July 2017 Glitch causes prices of Apple, Google, other stocks to appear off NEW YORK (Reuters) – The prices of several big-name Nasdaq-listed stocks appeared on some websites to either spike or plummet well after the closing bell on Monday, seemingly due to a glitch related to the market data that […]
According to data from CB Insights, top European banks, led by Banco Santander are investing heavily in areas ranging from wealth management and lending to payments, reg-tech and blockchain. According to new analysis from CB Insights, Spain-based Banco Santander, through its venture arm Santander InnoVentures was the most active major European bank investing in fintech […]
I was at an event recently where alternative finance companies introduced their services. There were many new finance solutions for lending, real estate, investing and short-term finance. These companies explained how they have built their own platforms, have handled some finance (millions or dozens of millions), and are now looking for more investors. After witnessing […]
The traditional finance industry seems unprepared for digital disruption. The experience of the newspaper business could teach banks a thing or two. Amazon announced recently that its lending business is gaining momentum – in the last 12 months alone, it has issued $1 billion in loans in the past year to merchants that sell on […]
You can’t say that London isn’t a fintech powerhouse and epicentre of the revolution that is forging a new financial services industry in the white heat of old technology. Wait, what? “The UK is to roll out an image-based cheque clearing system in October that will slash processing times from six ‘weekdays’ to one day” […]
Crowdfunding emerged a few years ago with many promises to help to raise capital for startups, make the investment market more democratic, and make the whole market more effective. It has created a new market, not only for startup funding, but for real estate and later-phase private companies. At the same time, FinTech might have […]
At the CSFI’s April “Fintech for Breakfast”, which was kindly hosted by the law firm Denton’s, an interesting topic popped up in discussion about Bitcoin. I’ll come back to precisely what the discussion was later on, but at this point I just want to note that it involved a core issue that often wanders into […]
NEW YORK (Reuters) – Large financial institutions across the world could lose 24 percent of their revenues to financial technology companies over the next three to five years, according to a new study by PricewaterhouseCoopers. Of the more than 1300 financial industry executives polled by the professional services firm, 88 percent said they feared their […]
News highlights for 5 March Uber owns up to using secret tools to avoid authorities (Reuters) – Ride services company Uber Technologies Inc for years has used a secret tool to avoid authorities in markets where its service faced resistance by law enforcement or was banned, the company confirmed on Friday. Read more… Turkey’s competition […]
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