Volatility in the price of bitcoin and potential scams in crypto fundraising schemes overshadow legitimate ecosystem developments. Speakers and panelists at Day 3 of Money20/20 Asia brought greater clarity to the present and future of the emerging “crypto economy” and its controversial components. In my mind, definitions of the terms are becoming more exact and … [Read more...] about Crypto Terms
Bank Techno Geeking
AI and blockchain are the keys to a banking future which starts in the computing cloud From open banking to consumer experience to, yes, blockchain, the hard core of the technologies that make finance and payments run dominated my experience Wednesday at Money20/20 Asia. I heard presentations on the guts of financial systems and how to make them scale larger at less cost … [Read more...] about Bank Techno Geeking
Financial Inclusion
I came to Singapore to get an international perspective in financial technology, attending the inaugural edition of Money20/20 Asia as a media partner. The initial surprise for me on the first day was the emphasis companies place on financial inclusion. Not that the topic of the unbanked doesn't come up in the United States, but there's a very different tone. Financial … [Read more...] about Financial Inclusion
5 International FinTech Startups Look to U.S. Markets
International FinTech startups are looking to the United States as a vast consumer and business market for their applications and services. Despite the difficulties posed by a dual regulatory system, in which multiple federal regulators join agencies in all 50 states, the wealth and size of the market beckons. The U.S. stands ready as well, calling on international companies … [Read more...] about 5 International FinTech Startups Look to U.S. Markets
Money20/20 Asia Prepares for March 13 Launch
Money20/20 Asia will bring together top global FinTech leaders in Singapore – from Ant Financial, GO-JEK, Ping An Group, ICICI Bank, Tencent and DBS Bank to Adyen, Google, Stripe, PayPal, Samsung Pay and many more – to create the future of money. The world’s leading FinTech and Payments event is nearing the March 13 launch of its APAC edition, taking place in Singapore at … [Read more...] about Money20/20 Asia Prepares for March 13 Launch
The State and Cryptocurrency
Expect state government agencies and legislators to move most quickly on providing regulatory clarity on FinTech regulation in the United States. U.S. federal regulatory agencies have initiated enforcement actions against some of the most egregious cryptocurrency investment practices and are watching the industry closely. By and large, regulators strike a positive tone for … [Read more...] about The State and Cryptocurrency