The 1871 FinTech Innovation Lab is Now Accepting Applications: Accelerate Your Startup’s Growth! Are you a post-revenue startup looking to scale in the financial services industry? The 1871 FinTech Innovation Lab is the perfect opportunity to propel your business forward. Applications are now open, and startups have until September 2, 2024, to apply for this unique … [Read more...] about The 1871 FinTech Innovation Lab is Accepting Applications
Chicago
Crypto is Not Dead
Cboe Digital, a leading global exchange operator, announced that it has obtained approval from the Commodity Futures Trading Commission (CFTC) to introduce margin futures for crypto like bitcoin, and ether. The announcement marks a significant development in the crypto market because the approval signifies a major step forward in integrating cryptocurrencies into traditional … [Read more...] about Crypto is Not Dead
World Business Chicago Hosts First Fintech Exchange
World Business Chicago recently hosted its first FinTech Exchange at the Illinois Institute of Technology's University Technology Park. Chicago's economic development agency added financial technology to its sixth priority industry this year. The idea is to draw on the strength of Chicago's traditional financial institutions and trading experts to attract new businesses … [Read more...] about World Business Chicago Hosts First Fintech Exchange
Chicago News: Cannabis Payments, FinTech Partnerships, Record VC
As a Chicago-based publication, FInTech publishes occasional updates on FinTech news and reports from Chicago's vibrant finance and technology organizations. A Guide to Cannabis Payments Building on success and partnerships in cannabis payments processing, AeroPay published the 2021 Guide to Cannabis Payment Processing Solutions. The startup provides a platform that moves … [Read more...] about Chicago News: Cannabis Payments, FinTech Partnerships, Record VC
Crypto’s Regulatory Imperative
For many FinTechs, particularly those operating in cutting-edge spaces like blockchain and cryptocurrency, regulation has often been seen as a dirty word; something that can only shackle innovation. But lack of regulation in the blockchain and crypto space has often served as a greater restriction than most actual laws can be, creating an air of uncertainty for companies … [Read more...] about Crypto’s Regulatory Imperative
New Charter Law Could Make Illinois a Crypto Leader
Illinois FinTechs may soon have a new opportunity to provide safekeeping of digital assets such as cryptocurrencies, in a move that would make the state only the second in the nation to offer this authority to applying companies. A new charter for these “special purpose trust” companies got one step closer to passage through the state legislature Tuesday, with the Illinois … [Read more...] about New Charter Law Could Make Illinois a Crypto Leader