Emerging technologies in finance and banking garnered the greatest attention in FinTech Rising, a newsletter published by Canright Communications. Financial professionals focused most on articles that covered practical application on new technology to financial market segments. 1. FinTech Platforms Emerge in Wealth Management. The most-read article originated from the last … [Read more...] about 5 Most-Read FinTech Rising Articles of 2020
cryptocurrency
Digital Payments and Currencies in China. They’re Faster.
The following is 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 of a digital currency by China's central bank. See our post Constructing the Future of Money for an introduction. This post, an excerpt from … [Read more...] about Digital Payments and Currencies in China. They’re Faster.
A More Mature Dream: Building Authentication into Cryptocurrency
In many people’s minds, cryptocurrency started as a dream of decentralization; of an asset not subject to government manipulation or many of the negative regulations that exist to steer the market in specific directions. And, for better or worse, those dreams have to some extent been realized. Technology has caught up to the ambitions, but bad actors have repeatedly shown the … [Read more...] about A More Mature Dream: Building Authentication into Cryptocurrency
Chicago FinTech News – Corporate Cash Surges
Corporate Cash Holdings Soar, Says New Carfang Group Study Corporations in the U.S. added $1.1 trillion or 38.5% to their cash holdings in the first half of 2020 according to recent data Federal Reserve data analyzed by The Carfang Group. For the second quarter, cash is up $424B or 12% and now stands at $3.9T. According to Anthony J. Carfang, Managing Director at The … [Read more...] about Chicago FinTech News – Corporate Cash Surges
The Programmable Future of Currency
It’s broadly agreed that the rails that exist for payments – both domestically and globally – are antiquated. While there has been any number of advances and shifts toward digital wrappers and new ways for consumers to move money around, on the backend the payment rails themselves are roughly the same as they were 50 years ago. Those rails have built the backbone for a … [Read more...] about The Programmable Future of Currency
Chicago FinTech News – Blockchain Innovations
BondEvalue and Northern Trust Complete World’s First Blockchain-based Bond Trade Northern Trust and partner BondEvalue completed the first trade of a fractionalized blockchain-based bond in Singapore this month. Northern Trust is providing securities services for the wholesale bonds. In what is believed to be a first for the industry, Northern Trust built the capability to … [Read more...] about Chicago FinTech News – Blockchain Innovations