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What is the State of Banking Innovation in 2017?

Bank Innovation

What is the state of banking innovation today? Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

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Banking On APIs For B2B Innovation

PYMNTS

Banks and FinTechs have been both competitors and collaborators in the financial services space. In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. New tools for new FinTechs.

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Bitcoin Escalates On China’s Blockchain Endorsement

PYMNTS

The Chinese state media advised people to stay levelheaded following a price escalation of bitcoin and blockchain stocks triggered by Chinese President Xi Jinping’s support, Reuters reported on Tuesday (Oct. It has also been unfriendly toward other forms of digital finance, including the peer-to-peer lending industry.

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Cred Opens Crypto Corporate Lending Platform To Developers

PYMNTS

Cryptocurrency-backed lending platform Cred is opening up its technology to third-party developers, the company has announced. The Crypto-Lending-as-a-Service (CLaaS) solution enables other crypto companies — including exchanges, crypto wallets or mining services — to integrate Cred’s lending functionality into their own solutions.

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US Lawmakers Explore How Blockchain Can Help SMBs

PYMNTS

Committee Chairwoman Nydia Velázquez said, according to the report, “it is vital that Congress keep pace with the evolving needs of our country’s innovative small businesses.” Eight Roads led the round, with Telekom Innovation Pool, HKT, Telefónica Innovation Ventures and Singtel Innov8 also participating.

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Bank Innovation’s Top 5 Stories of 2018

Bank Innovation

Bitcoin is no longer enjoying the limelight, non-bank giants like Amazon, Walmart and Google have shaken up the banking landscape and automation has become the norm in various aspects of banking with banks like using it in the backend of credit decision-making and lending. But which Bank Innovation stories caught […].

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Bitcoin Daily: US Treasury’s Mnuchin Says ‘Significant’ New Crypto Rules In Works; Spain’s FC Barcelona To Create Team Token

PYMNTS

He said that there had to be a balancing act — the tech should be allowed to move forward and innovate. In other news, soccer powerhouse Barcelona is teaming with Chiliz, a FinTech platform, with the intent of creating its own blockchain-based token for the team. Secretary of the Treasury Steven Mnuchin said Wednesday (Feb. In the U.S.,

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