We receive a lot of announcements concerning FinTech products, which we generally do not post, even though many of them are interesting. This week, we are listing some of the best news items in the payments sector. Let us know what you think of this format and if you would like to see more. Chinese Digital RMB Tax Payments Begin in Beijing The Beijing Daily reports that the … [Read more...] about Payments Products Posts
Payments
Three FinTech Themes in Payments, Wealth, and Crypto
The top three FinTech categories I follow provided insights into three themes marking the evolution of markets and money: The high cost of U.S. payments, especially for low-income people. The development of new software tools that make it easier for retail and institutional investors to reach their financial goals. The ongoing drama unfolding as crypto-finance … [Read more...] about Three FinTech Themes in Payments, Wealth, and Crypto
Chinese Commodity Exchange Uses Digital Yuan to Pay Storage Fees
Letter From Shanghai No 738 - Blending e-CNY and the HKEX A50 This week we feature a guest post from John Browning, founding partner of Hong Kong commodity and financial futures broker BANDS Financial. In reporting on the state of and statistics on the Chinese economy, Browning follows the development by the People’s Bank of China (PBOC) of e-CNY, its digital yuan*. We last … [Read more...] about Chinese Commodity Exchange Uses Digital Yuan to Pay Storage Fees
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
Continuing the Growth of Cannabis Banking
Recreational marijuana is now legal in 16 states - with medical usage legal in 36. It's now a thriving billion-dollar industry in those states -- but it remains in an uncertain position, heavily reliant on cash and with uncertain prospects for banking partners due to the continued federal prohibition. The challenges are more difficult than some industries, to be sure; due to … [Read more...] about Continuing the Growth of Cannabis Banking
China’s Digital Currency and CME’s Bitcoin Micro Contract
This week we feature a guest post from John Browning, founding partner of Hong Kong commodity and financial futures broker BANDS Financial. In reporting on the state of and statistics on the Chinese economy, Browning follows the development by the People's Bank of China (PBOC) of a so-called "digital yuan." We last wrote about it here. The PBOC's effort is gaining enough … [Read more...] about China’s Digital Currency and CME’s Bitcoin Micro Contract