Private and public investments in FinTech firms surged in the first quarter of 2021. Research firms are predicting that 2021 will set a record for FinTech funding. Understanding what sectors and regions receive venture funding provides perspective to traditional financial institutions, notes The Financial Brand in its coverage. "Seeing where venture capital money is flowing. … [Read more...] about FinTech Funding Doubles; Crypto Prices Plunge
Navigating a Path to Digital Assets
It’s been a theme throughout the year: digital assets like Bitcoin are breaking into mainstream financial services. The expectation is that technology can bring its services to the consumer on a pre-dawn Sunday when they want to make an impulse buy – and that’s exactly what digital assets enable. They let financial institutions put a disposable asset in the hands of a … [Read more...] about Navigating a Path to Digital Assets
What Does the Future of Digital Finance Hold for Banks?
Note: The truism that the price of financial assets is correlated to events and the pronouncements of the institutions and individuals correlation of cryptocurrencies to news reports became even more apparent on Wednesday morning. A report by Chinese regulators that virtual currencies are not "real" currencies sparked this selloff. The selloff earlier in the week resulted from … [Read more...] about What Does the Future of Digital Finance Hold for Banks?
April 2021: The Month in FinTech
Our April stories mirrored many of those themes through articles covering banks' continuing investment in FinTech and the increasing legitimation of cryptofinance within traditional financial institutions. Here's a review. Banking on FinTech U.S. banks made more than 65 strategic bets in FinTech in 2020. Capital markets investments led the way. “Despite the economic … [Read more...] about April 2021: The Month in FinTech
Why Institutional Investors are Turning to FinTech
FinTech is entering a third phase focusing on B2B and enterprise SaaS technologies. Following the development of consumer-based payment and small-business focused lending solutions, institutional investors are embracing FinTech solutions. They are both investing in FinTech and adopting technology and innovation in their day-to-day business, according to panelists at the 6th … [Read more...] about Why Institutional Investors are Turning to FinTech
Banking on Crypto
THE WEEK IN FINTECH 05-01-2021 This column continues to follow the money into crypto, as large U.S. financial institutions made more product announcements and investments in cyptocurrency investment and custody services. It also follows the larger trend of banks increasing their strategic investments in FinTech. Enterprise banks ramped up their interest in digital assets … [Read more...] about Banking on Crypto