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Beyond compliance: How PSD2 is sparking European innovation
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.
In Urban China, Cash Is Rapidly Becoming Obsolete
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.
Tezos co-founders Kathleen & Arthur Brietman, on Tezos and token sales
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.
The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five
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 and Ethereum: What they are and how they compare to bitcoin - Business Insider
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.
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Open Banking is coming. Here's the very first glimpse
A giant change is coming for banking in the UK. Not Brexit, but Open Banking, the new directive that will require the largest UK banks to give third parties access to their data, down to the level of current account transactions.
UK regulator looking to use A.I., machine-learning to enforce financial compliance
The Financial Conduct Authority, an independent U.K. financial regulatory body, is looking into the possible use of artificial intelligence (AI) and machine-learning tools to enforce regulatory compliance.
With $10mn in Series B funding, RentoMojo brings in a fintech-like leasing model to rentals
RentoMojo is a Mumbai-based platform that lets you lease furniture, two-wheelers and home appliances, much like a house you might lease. And it’s just raised $ 10 million in Series B funding.
Kazakhstan Signs Innovation Pact To Become ‘Blockchain Singapore’
Kazakhstan is working with Deloitte, the Blockchain company Waves and others to examine how the technology can operate in government.
A press release issued today claims the country wishes to become the “second after Japan” to “recognize the need for the development of the cryptocurrency market system at the governmental level.”