Posts Tagged ‘Finance’
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LATEST FINTECH NEWS
 
Fintechist Digital-Only Banks UK

Digital-only Banks Start to Take Over the Market in the UK

by JP Buntinxon December 10, 2017
The financial sector in the United Kingdom undergoes some major changes as we speak. Consumers have taken a liking to digital-only banks. Although this is not entirely unexpected, the growth is rather spectacular. Half of the British consumers have or aim to obtain an account with a digital-only bank. That is rather surprising, yet it […]
Fintechist Visa Sensory Branding

Visa Announces Pilot Program for Sensory Branding Initiative

by JP Buntinxon December 7, 2017
Even established players such as Visa have to keep innovating every year. That is much easier said than done in this era of digital payments. Consumers have so many different preferences, it is difficult to please everyone. Sensory branding is the new way to go for this company, although the concept is a bit unusual. […]

Fintechist BBVA DLT Letters of Credit

BBVA Trials DLT to Speed up Authorization of International Trade Transactions

by JP Buntinxon November 27, 2017
Blockchain technology continues to make inroads in the financial sector. BBVA has always been a big fan of this new technology. As of right now, the financial institution is trialing a blockchain-based solution for Letters of Credit. It is not the first time we see such a venture in the financial sector whatsoever. Reducing the […]
Fintechist Global Cash Demand

New Report Shows Global Demand for Cash is Still Very Strong

by JP Buntinxon November 23, 2017
As was to be expected, global demand for cash is not declining all that much. Although viable alternatives have emerged, people like their financial freedom. Using bills and coins is clunky and annoying at times, though. However, a new study by the San Francisco Federal Reserve shows cash is still in high demand. Norway and […]

Fintechist Blockchain Templates Banks

Singapore Central Bank Open Sources Three Blockchain Templates

by JP Buntinxon November 14, 2017
The blockchain consortium in Singapore has received a lot of positive attention Especially the central bank is quite keen on this new technology right now. With a few projects being developed and thoroughly tested, it was time to present them to the public. The source codes of three DLT prototypes have been released earlier this […]
Fintechist P2P Lending Predatory Loans

Cleveland Fed Labels P2P Lending as “Predatory Loans”

by JP Buntinxon November 11, 2017
There are many different aspects of finance, which are ripe for innovation. Peer-to-peer lending is one of those aspects which can make a big impact all over the world. According to the Cleveland Federal Reserve, this industry on par with the subprime mortgage market. An interesting correlation, that is a lot more positive than it […]