Euro Exim Bank in London has announced it has embraced XRP and Ripple’s xRapid software which aims to help with...
One of India’s major banks, Federal Bank, has partnered with Ripple to create a blockchain based remittances product; India was...
Speaking in Davos at the World Economic Forum, the CEO of Ripple, Brad Garlinghouse, shared that an IPO would be...
According to an SEC filing MoneyGram revealed that Ripple had paid the remittances company more than $11mn in the last...
Visa, Mastercard Fined Wirecard for Dubious Transactions Mexico-Based Prop Tech Flat.mx Secures $25 Million in Debt Financing From Arc Labs...
Natwest rolls out Esme loans to SME customers ScaleFactor secures $30m funding for back office automation Truss Raises $15M in...
Jump is an electric bike that is being distributed by Uber, and it just happened to be launching 350 of them in the London borough of Islington. You can rent a bike for 5 minutes at £1, and pay £0.12 per minute thereafter. That's generally cheaper than a taxi, on average more expensive than a public bike subscription. So why am I going on an on about these bikes? Two things come to mind as jumping off points for deeper discussion: (1) the incentives and tactics of economic organisms under capitalism to gather and retain attention, and (2) the monopoly powers of Uber and Facebook, leading to the impact of Libra's cryptocurrency on open competition, as well as the public responsibilities of supra national corporations.
ValueWalk has analyzed the recent CB Insights report on fintech funding as well as the Forbes 50 report on the...
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.
Here are the most read news stories from our daily newsletter today: Why FinTechs Are Declaring Victory In PPP Loans...