How Banks Are Exploring Blockchain Technology
Nearly every global bank is experimenting with blockchain technology as they try to unleash the cost savings and operational efficiencies it promises to deliver.
Who Really Owns Bitcoin Now?
On the final day in his insurance job last week after 14 years in the sector, Donnie wore a T-shirt emblazoned with a rocket logo, the symbol for bitcoin, and the slogan “to the moon”.
How “Regtech” Could Usher in a New Era for the Finance Sector
Financial services as we know them are changing as new technologies enter and disrupt the market, promising consumers and businesses more efficient, exciting, and cost-effective ways to handle their finances.
How Does It Feel to Be Unbanked? a New Type of Financial Exclusion
Financial inclusion ventures have been growing. Whether it is providing IDs, providing land registries, access to deposit services, cross-border payments and micro-payments, or credit.
How AI and Big Data Impact the Structure of the Financial Industry
Antoinette Schoar, an economist and professor of finance at MIT Sloan School of Management, discusses how artificial intelligence and big data are impacting the structure of the financial industry. She speaks with Bloomberg's Mike McKee at the Federal Reserve's annual business symposium in Jackson Hole, Wyoming.
CATAPULT: Inclusion Africa - Open for Applications
CATAPULT: Inclusion Africa is a unique program of Fintech startup development from the LHoFT, aligned with sustainability goals of Luxembourg’s finance centre. CATAPULT: Inclusion Africa will leverage Luxembourg’s Inclusive Finance and Fintech ecosystem to support 12 selected firms in developing their businesses and achieving their inclusion goals.
JP Morgan CIO: Blockchain Will Replace Existing Technology
JP Morgan CIO Lori Beer said at a press conference in Buenos Aires that blockchain will “replace existing technology” in a few years, according to Argentinian website Cripto247.
“We will see a greater and wider use of blockchain [...] In a few years blockchain will replace the existing technology, today it only coexists with the current one,” Beer said.
Investment Ai Fintech Pagaya Gets $14m in Funding
Asset management is opening up to the potential of artificial intelligence, and one Israeli firm’s machine learning-driven investment tech has attracted millions in new funding.
World Bank Launches First Bond Instrument Built on a Blockchain with the Australian Bank
The A$110 million ($87 million) bond-i (blockchain operated new debt instrument) — so named, I’m assuming, because of Australia’s famed Bondi Beach (bankers have the funnies!) — is the first bond to be created, allocated, transferred and managed using distributed ledger technology.
Revolut Eyes Profit Windfall With Metal ‘Crypto Cashback Card’ Launch
Crypto-junkies and digital nomads rejoice, Europe’s billion-dollar fintech unicorn Revolut just launched its most exclusive card yet.
Revolut Metal offers cash back in cryptocurrency on card purchases, a personal concierge, travel insurance and a higher £600 ($771.3) limit on free global ATM withdrawals per month, along with all of Revolut’s existing Premium features.