As January 2018 inches closer, financial institutions and fintech startups across Europe have PSD2 on their minds. The legislation introduced by the European Commission is set to open consumer financial data to third-party providers through APIs, creating both opportunities and hurdles in the financial ecosystem.
There is an audacious economic phenomenon happening in China.
It has nothing to do with debt, infrastructure spending or the other major economic topics du jour. It has to do with cash — specifically, how China is systematically and rapidly doing away with paper money and coins.
Simon interviewed the husband and wife team Arthur and Kathleen Brietman, the co-founders of Tezos, about their recent token sale for the very first episode of Blockchain Insider.
Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Closing this gap requires much more than short-term fixes, like adopting new technologies. Businesses need to organize around long-term strategies for growth and partnership in a sustainable way. The consequences for not doing so can be dire.
Ether, the unit of cryptocurrency used on the Ethereum blockchain, has given investors a wild ride lately.
Its value more than doubled in May, peaked in June at more than $400 an ether, and then lost more than half that value by early this week.