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Top 5 Emerging Fintech Hubs in The U.S.

Bank Innovation

Silicon Valley, New York City, and Boston all have thriving fintech communities, and are definitely worth a trip for the invested fintech entrepreneur, but the U.S. is already seeing a cluster of other fintech hubs emerge. These cities boast strong tech communities, talent pools, good coffee, and cheaper rents.

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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

Here are some of cryptos’ key developments for 2020: Bitcoin Goes Higher And Higher. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. And one of the most notable events of 2020 was the big appreciation in bitcoin’s price, tied as it is (and was) to optimism about cryptos’ future.

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Bahamas Launches Digital Sand Dollar; Adds To Rise Of Central Bank Digital Currencies

PYMNTS

This week, FinTech EMTECH said it’s launching a compliance platform in collaboration with Microsoft to help central banks test their respective CBDCs. Meanwhile, the Boston Fed has been working with the Massachusetts Institute of Technology to explore the necessary tech infrastructure.

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The Finanser’s Week: 17th July – 23rd July 2017

Chris Skinner

This week’s main blog headlines are … Why FinTech start-ups think they can beat the banks There’s an old joke about the guy who’s lost driving in the countryside who stops to ask a pedestrian how to get to the city. These are the ones I quite liked, so it’s not … What happened to the bitcoin bubble?

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Circle Launches Fee-Free Blockchain-Based International Money Transfer

PYMNTS

The Boston-based firm says the service wants to tear down national borders when it comes to moving funds internationally. More broadly, Circle’s fee-free international money transfer service comes as part of the rise of FinTech to remove the friction — and costs — associated with using mainstream banking and financial services.

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Barclays Supports Circle Social Payments App

PYMNTS

Circle, the social payments app that runs on bitcoin’s blockchain, launched with support from Barclays as part of a new partnership. This marks a milestone for this digital currency company, which has rapidly been making a name for itself in the FinTech ecosystem in the region. watchdog group, Financial Conduct Authority.

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The Lures – And Challenges – Of Central Bank Digital Currencies

PYMNTS

Beyond bitcoin – that marquee name of crypto and its brethren, which have yet to escape wild price swings and speculative fervor – lies the prospect of CBDCs. The Federal Reserve Bank has been exploring a digital currency.

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