FinTech news this week spread out over the ecosystem, with no one theme dominating my view of the financial media. Here are some of the reports that caught my fragmented attention during the week after the holiday that marks the beginning of summer in the U.S. "Can traditional banks keep pace with FinTech challengers?," The Financial Brand asks. Traditional financial … [Read more...] about Banking on Stablecoins
FinTech Trends
May 2021 in FinTech: Crypto’s Wild Ride
Finance's continuing shift to digital is moving more and more from a potential future to a day-to-day reality. FinTech investments have more than doubled in the first quarter of this year, and while Bitcoin continues to rise and fall in a spectacularly volatile fashion, mainstream banking's new focus on the sector speaks to an institutional core that cryptocurrencies have never … [Read more...] about May 2021 in FinTech: Crypto’s Wild Ride
FinTech Funding Doubles; Crypto Prices Plunge
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
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