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?
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Banks Increasingly Need Crypto Literacy
As bitcoin prices have exploded upward throughout the beginning of this year, many traditional financial institutions have been forced to one conclusion: cryptocurrency is here to stay. Even if your institution doesn’t plan to deal directly in the space, the need to be knowledgeable about it is becoming an increasing imperative. But it’s a complicated subject – a crowded … [Read more...] about Banks Increasingly Need Crypto Literacy
Local FinTech Deals
Just as all politics is local, all business is ultimately local. National and international media tend to cover the large local companies, which tend to get identified with their country of origin. PayPal is American. Ant Group is Chinese. Wise is British. Klarna is Swedish. Yet the FinTech revolution is going local, as reflected in the following selection of FinTech deals … [Read more...] about Local FinTech Deals
Navigating Startups from Seed to Series B
The allure of startups has rarely seemed stronger. Much of the tech industry is built on the backs of multi-billion dollar giants that came out of the startup space, and while tech appears to be in the middle of another bubble, the lure of relatively free-flowing investor money is hard to ignore. But what does it take to build a successful startup in this environment? Two … [Read more...] about Navigating Startups from Seed to Series B
New Charter Law Could Make Illinois a Crypto Leader
Illinois FinTechs may soon have a new opportunity to provide safekeeping of digital assets such as cryptocurrencies, in a move that would make the state only the second in the nation to offer this authority to applying companies. A new charter for these “special purpose trust” companies got one step closer to passage through the state legislature Tuesday, with the Illinois … [Read more...] about New Charter Law Could Make Illinois a Crypto Leader
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?