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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

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Amazon Launches Online Pharmacy In Bengaluru, India

PYMNTS

Amazon India has added an online pharmacy to its offerings in Bengaluru, one of the nation’s largest cities with a population of nearly 12 million. the state agency that manages liquor licenses, granted approval for Amazon to sell alcohol online. Amazon started moving into the health space in 2017.

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FinTech: $6.5 billion invested in first half of 2017

Chris Skinner

Innovate Finance has just published their report on the first half of 2017, and the investments made in FinTech. Billion in H1 2017 –with UK investment up 37% reveals Innovate Finance H1 2017 saw 787 deals globally, attracting $6.5 billion invested in first half of 2017 appeared first on Chris Skinner's blog.

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Braintree CTO to Do Fireside Chat at Bank Innovation 2017

Bank Innovation

Juan Benitez, general manager and chief technology officer of Braintree, a PayPal subsidiary, will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., will feature dozens of speakers on investing in innovation, chatbots, open banking ecosystems, blockchain and more.

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Holiday eCommerce Fraud Attempts Jumped In 2017

PYMNTS

Attempts to commit online fraud jumped during the holiday season, increasing 22 percent from Thanksgiving to December compared to a year ago. ACI said peak fraud days are typically driven by shipment cutoffs, levels of consumer traffic and transactions that are purchased online and picked up in stores.

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Fitness Platform Raises $5M For Online Workouts

PYMNTS

Bloomberg News reported NEOU , the New York-based live streaming and on-demand platform for trainers, has raised $5 million in capital from investors including Ares Management Corp., the Los Angeles-based alternative asset manager. I believe at-home fitness is a mega-trend in the wellness industry,” Ares Management Corp.

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Brookfield Asset Management Raises A Record $23B

PYMNTS

Alternative-asset manager Brookfield Asset Management said it raised a record $23 billion in Q2 and foresees speeding up the pace of investments in the wake of the pandemic’s disruption. Ron Bloom, who serves as the managing partner and vice chairman of the company’s private equity division, will manage the funds.