FINTECH ARTICLES OF THE WEEK 11/13/2016 In a surprise move, the Indian government retired the country’s current high-dollar bank notes and replaced them with new issues. ATMs ran dry as people lined up at banks to exchange their banned old notes for the brand-new ones. The government took the action to fight corruption and collect taxes on the business that takes place off … [Read more...] about New Ca$h
bitcoin
BLOCKCHAIN WATCH 11/13/16
THE BLOCKCHAIN WATCH Federal prosecutor Kathryn Haun on how criminals use bitcoin — and how she catches them Haun acknowledges that bitcoin and blockchain aren’t meant for illegal activities any more than cash is, but using other means to cover their tracks, bitcoin and other cryptocurrencies can be used for fraud, drug smuggling or other crimes. Forbes has the full … [Read more...] about BLOCKCHAIN WATCH 11/13/16
Warning Banks
FINTECH ARTICLES OF THE WEEK 12/18/15 This week's FinTech news features more calls for banks to tap into their strengths — their wide consumer base for one thing — and begin strategizing in 2016 to prepare for future digital disruptors or risk losing significant profits. Meanwhile, cryptofinance technology gains increasing legitimacy, while mobile payment providers need to … [Read more...] about Warning Banks
Black Friday Goes Gray
FINTECH ARTICLES OF THE WEEK 11/20/15 Shopping activity is expected to be less robust than in past years, and here in Chicago the skies are gray, the mist is heavy, and the police are out on the Magnificent Mile protecting commerce from protesters with real grievances. It's a good day to stay in and catch up on the week's FinTech news, which brought deeper discussions … [Read more...] about Black Friday Goes Gray
FinTech Legitimation
FINTECH ARTICLES OF THE WEEK 11/06/15 Investment money continues to pour in, major publications cover blockchain technologies (as major banks adopt it), and new sectors catch startup interest. Even bitcoin gets a break. As @IRenwood quoted Jamie Dimon on successful #fintech startups, "It's not the technology, it's how they reduce pain points, front end and back end." The … [Read more...] about FinTech Legitimation
Profit in the Digital Age
FinTech Articles of the Week 5/22/15 The FinTech picks this week cover bionic banks, what distinguishes a sharing economy from an access economy, the elusive creator of Bitcoin and more! Six Ways Banks Can Profit from the Digital Age Read the six key elements to building a bionic bank: “Digital agility allows a bank to respond to technological progress in a more practical … [Read more...] about Profit in the Digital Age