CryptoCrunch – member’s quarterly market review
Investment firm CryptoCrunch, who have now rebranded as Maven 11 Capital, invest solely in blockchain and DLT-related ventures and have lent their expertise to a quarterly market overview. They suggest that amidst the sporadic performances of crypto-assets this quarter, a key to navigating the fourth quarter is keeping a close eye on Bitcoin trading for […]
Homebuyers set for reprieve with Jungo offering crowdfunded mortgages
Fintech is set to extend its grip over the debt financing market after Jungo concludes its first crowdfunded mortgage since partial-acquisition by Aegon earlier in the year. Housing prices are becoming increasingly unaffordable, and with the impetus provided by fintech, traditional mortgage financing is the next sector vulnerable to disruption. Crowd-mortgage lender Jungo has recently […]
Wirecard extends into Australia and New Zealand
Wirecard recently announced that its platform will be available in New Zealand for e-commerce services and in Australia for omnichannel solutions. Daniel Vukovac, General Manager Merchant Business Solutions Australia at Wirecard, says: ‘“Wirecard has been successfully doing business in Australia for quite a few years, winning some major clients. The latest omnichannel expansion in this region marks […]
Research At A Glance: Week 44
Cryptotechnologies: Improving regulatory compliance by EBA Cryptotechnologies Working Group This report highlights KYC and regulatory reporting as the most beneficial financial regulatory compliance processes to be disrupted by fintech. It theorises the uses and advantages of DLT based technology and appropriates use cases to expose these processes as ripe for fintech disruption. Financial Technology […]
Research At A Glance: Week 43
Technology Based Innovations for Regulatory Compliance (“RegTech”) in the Securities Industry by finra Drawing on the discussions held with participants in the regtech space including broker-dealer firms, vendors, regtech associations, and academics, this report summarises key findings, including how regtech tools are being applied in the areas of surveillance and monitoring, customer identification AML compliance, […]
IMF & Worldbank issue fintech guideline for policymakers
IMF and The World Bank collaborated to formulate a guideline considering 12 different points that policymakers around the world can keep in mind when designing policies and regulations of fintech. While both parties have declared that the publication does not represent current work or aim to provide specific policy advice, they have confirmed their intention to initiate […]
CEO of Banking Circle is nominated for the 2018 Payments Power 10
Anders la Cour, CEO of Banking Circle has made among the list of nominees for the 2018 Payments Power 10. Anders la Cour comments that “Being nominated for the Payments Power 10 is tremendously rewarding. And even if I don’t make it to the final 10, being included alongside 34 other payment industry leaders underlines […]
Rabobank and Tellow targeting freelancers in the Netherlands
Rabobank is continuing its partnership with Tellow, the Dutch automated accounting app for entrepreneurs letting them to know when the invoices have been paid, and automatically processes the scanned receipt. The partnership is aiming to support all freelancers (”ZZP”) in the Netherlands with their online book-kepings, whether the freelancers are Rabobank’s customers or not. ”With […]
Funding Circle featuring the news over the last week
Funding Circle has recently filed for an IPO that could value the company more than £1.65bn. ($2.13 billion). Since the announcement of its plans to raise in venture capital funding via a document filed with the London Stock Exchange, the company has been featuring in a vast array of pieces written around the topic. We have […]
NIBC to team up with ACORN OakNorth
Dutch merchant and entrepreneurial bank NIBC has announced its minority investment in the equity of fast growing fintech company ACORN OakNorth. Through the partnership, NIBC aims to consolidate its tech-based approach for the future. CEO of NIBC Bank Paulus de Wilt is vocal about their enthusiasm for growth, stating that the company is always looking to […]