Addendum: This quote from 04/21/21 NY Times DealBook supports the general trend: "The public listing of Coinbase, the largest crypto exchange in the U.S., generated a wave of excitement that competitors aim to ride. Among them is Binance.US, the third-ranked domestic crypto exchange, which yesterday named Brian Brooks — formerly Coinbase’s chief counsel and most recently … [Read more...] about Follow the Money: The Institutional Rise of Crypto and FinTech
FinTech Trends
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
March 2021: The Month in FinTech
The month of March started with an international focus that included our most popular article of the month, as measured by page views. As a whole, however, bitcoin and digital assets dominated the news and our themes of the week. Here's a review. Innovation and Regulation: Building Better International Payments International trade and commerce are a major piece of … [Read more...] about March 2021: The Month in FinTech
Digital Asset Legitimation Announcements Continue
Three facts led to the selection of this week's FinTech theme: 1 Bitcoin prices hovered near $60,000 this week, up from a $50,000 mark only a few weeks ago. 2 Hester Peirce, who won the moniker "crypto mom" for her support of pragmatic regulation of cryptocurrencies, will continue as a Securities and Exchange Commissioner for another five years. 3 Several of the … [Read more...] about Digital Asset Legitimation Announcements Continue
How Can Banks Achieve Hyperautomation?
As financial institutions continue the push for digital transformation, the need to build efficiencies through automation is only growing – and the push into that next phase, what some are starting to call hyperautomation, is a big part of that. The concept is relatively simple: it’s the end goal of digital transformation, that point at which transactions have been automated … [Read more...] about How Can Banks Achieve Hyperautomation?
Innovation and Regulation: Building Better International Payments
International trade and commerce are a major piece of the payments industry, with volume only increasing year over year as digital options further connect the globe – and yet, many of the systems that businesses and retail consumers alike rely on to make these payments remain too slow, too complex, and expensive. There’s a growing need to fundamentally rethink the payments … [Read more...] about Innovation and Regulation: Building Better International Payments