Tag: USA
FinTech firm could help us understand flash crashes
A blockchain system that’s cheaper and faster could spur companies to throw out their old technology for a new-breed network. Read more: www.bloomberg.com
AI in banking – robo advisors and beyond
The market is ripe for disruption and FinTech firms are set to take the lead in this change to cater to the changing customer preferences. Read more: www.finextra.com
Bank of America now lending on Nav
Bank of America will now be providing SME loans and financing services through the Nav platform. Read more: www.pymnts.com
Here’s how FinTech is upending three key relationships
When it comes to digital disruption, financial services are falling behind compared to media, advertising, telecommunications, and leisure. This is due to increasingly complex regulations that have prevented FinTechs from flourishing. Read more: www.uk.businessinsider.com
The price of bitcoin has stayed above $760 for a week
According to data from the CoinDesk USD Bitcoin Price Index, Bitcoin prices have been trading north of $760 for more than a week now. Read more: www.coindesk.com
Bank SME lending surges, alt-lenders flop
Marketplace lending platform Biz2Credit has published its latest small business lending index, and the numbers signal A rise in SME lending and some rough waters ahead for alternative finance. Read more: www.pymnts.com
InsurTech Startup Bunker Raises $2m in Seed Funding
Bunker, a San Francisco, CA-based insurance technology startup, raised $2m in seed funding. Read more: www.finsmes.com
Cloudability bags $24m Foundry Group-led Series B round
Financial management tool startup Cloudability has raised a $24m Series B round led by the Foundry Select Fund.
TruMid introduces On-Demand Bond Trading
Electronic corporate bond trading venue TruMid has launched its Market Center platform, introducing new trading functionality,Trading Technologies and Strategies ,Tech,TruMid,Bond,fixed income. Read more: www.waterstechnology.com
70,000 ATMs will allow cash withdrawal via smartphone
More Americans will soon be able to use their smartphones to withdraw cash from ATMs without the use of a card. The cardless cash revolution has arrived. Read more: smallbiztrends.com