RegTech

The Rise of RegTech

The onset of the global financial crisis (GFC) had many far-reaching consequences for the financial sector. Not only did it open the regulators’ eyes to the fallibility of the big players, it also revealed the ability of these entities to bring the entire financial, and economic sector down. This led...

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BankTech

Alternative Lending Meets Traditional Banking: Collaborating Better to Create Long-Term Value

Alternative lending is one of the fastest-growing areas of FinTech, but its potential remains largely untapped by traditional industry players. For mainstream lenders and investors looking to take part, they will need to identify potential products to offer (personal lending, small business lending, auto loans, student loans or mortgage) and...

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Fintech

Week in Review: Tulips, Timing, and Transfers

“We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don't let yourself be lulled into inaction.” I know many of us are familiar with this famous Bill Gates quote but it seemed timely (pun intended)...

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Blockchain

So How Exactly Are Citi and Nasdaq Making DLT Work for Them?

Citi – one of the major bulge bracket players – in collaboration with Nasdaq, has recently introduced a settlement system for secondary market transactions concerning private company securities. The former has partnered with Chain for its DLT infrastructure needs. The system seeks to unlock liquidity in the traditionally less liquid...

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Fintech

MEDICI now! The balancr Story

MEDICI now! Startup Stories highlights the companies that are shaping the new financial technology industry. Keep an eye out each week for new stories! If you or someone you know should be highlighted, send us a note. Without further ado… Company Name: balancr.io Name/Title: Natallia Martchouk, Co-Founder and Managing Director...

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Fintech

The 50+ Segment Will Spend $15 Bn on the Alternative Financial Services Sector by the End of 2017. What Are We Doing to Meet Their Needs?

Innovation in the financial services industry often aims to democratize access to financial products for the masses, boosting financial sustainability and long-term resilience for unforeseen circumstances. There is a particularly vulnerable group, however, that has not been tended to amidst the millennial hype – the 50+ demographic. The 50+ consumers...

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Blockchain

Everex Announces Mobile Blockchain-Powered Microfinance and Fiat Transfer Platform

May 23, 2017, Singapore – Everex, a well-established blockchain company developing Ethereum applications, announced yesterday that it is expanding its operations towards global, blockchain-enabled microcredit and fiat remittance services. In a blog post announcing the new service, the company stated that it seeks to connect two billion un- and underbanked...

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