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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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Ternio CEO: Crypto’s Transformation Will Come From The Fed, Not Bitcoin

PYMNTS

At a time when 90 percent of Americans have never owned bitcoin and nearly 70 percent say they have no plans to do so in the future, the thought of widespread adoption and usage of cryptocurrency seems to be a distant prospect for most people. Bitcoin is awesome. Ternio CEO Daniel Gouldman , however, is not one of them. “I Baby Steps

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Bitcoin Daily: Bitcoin Kiosks At The Supermarket, tZERO To Launch Next Week

PYMNTS

Meanwhile, a study by data firm Chainalysis has found that bitcoin as a form of payment doubled in 2018 on darknet market sites. Bitcoin transaction volumes on darknet markets, where people can buy illegal goods, saw an increase over the entire year to reach an average of $2 million daily.

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The regulator’s view of bitcoin, 2017

Chris Skinner

As part of the blockchain conference, I chaired a session with some central bankers talking about their views on distributed ledger technologies. As mentioned on Friday, they see … The post The regulator’s view of bitcoin, 2017 appeared first on Chris Skinner's blog.

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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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SoftBank’s Founder Loses $130M On Bitcoin Investments

PYMNTS

According to a report in the Wall Street Journal , citing people familiar with the matter, Son made the investment in bitcoin, the leading cryptocurrency back in 2017 just as its price peaked. The executive reportedly made the purchase on the recommendation of a well-known bitcoin advocate.

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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. Yet onlookers have noted that PBoC has been working diligently toward its own FinTech growth.

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