The proper definition of cryptocurrencies has stumped US regulators, many believe it has affected development. This year could bring clarity.
Natwest rolls out Esme loans to SME customers ScaleFactor secures $30m funding for back office automation Truss Raises $15M in...
Here are the most read news stories from our daily newsletter today: Why FinTechs Are Declaring Victory In PPP Loans...
Chris Larsen, Ripple’s co-founder and executive chairman is benefiting from Ripple’s (XRP) recent rise; CNBC reports that his net worth climbed to $59.9 billion yesterday, at least on paper; this puts him high on the Forbes 400 list, just head of Larry Ellison; Larsen owns 5.19 billion of the digital currency and has a 17% stake in the company; he was previously a founder of Prosper. Source
ValueWalk has analyzed the recent CB Insights report on fintech funding as well as the Forbes 50 report on the...
Regional remittance firm UAE Exchange partners with Ripple to facilitate instant international money transfers; UAE Exchange serves 31 countries and has over 800 offices in the Middle East region; Ripple uses their Ripple Consensus Ledger to link international firms and facilitate real-time money transfers; CryptoCoinsNews reports that UAE Exchange Group CEO Promoth Manghat stated to Arabian Business, "UAE Exchange has been investing significantly in blockchain technology, we are in the process of tying up a deal with distributed ledger startup Ripple, for real-time cross border payments."; this is the second regional financial firm to enlist Ripple, National Bank of Abu Dhabi partnered with Ripple in February. Source
A digital world needs digital money, and a few influential players are actively working to build it. China's BSN initiative and Facebook's Libra embody the East's public sector led approach to building and owning the internet of value and the West's private sector led (and public sector challenged) attempt at cheaper commerce on the web. While the nature of the approaches may be different, the data and privacy considerations are eerily similar. For all of our past episodes and to sign up to our newsletter, please visit bankingthefuture.com. Thank you very much for joining us today. Please welcome Lex Sokolin.
Every quarter we get together with three other families for a dinner party. While all professionals no one is in...
Former Goldman Sachs trader and bitcoin enthusiast Mike Novogratz has teamed up with Bloomberg to launch the Bloomberg Galaxy Crypto...
The San Francisco based blockchain startup has more than 100 institutions using its RippleNet payment network “The technology we have, and the vision we have, is proven," Marcus Treacher, Ripple's global head of strategic accounts tells American Banker. "We've gone from theory to hard-nosed production, and that's a big event.”; the two way protocol allows for banks on both sides of the transaction to verify funds and fees. Source.