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Potential Facebook Crypto Launch Pushes Bitcoin Over $9,000

PYMNTS

The coin was buoyed by the news that Facebook will potentially launch a cryptocurrency of its own. Bitcoin hasn’t been as high as $9,000 since May of 2018, and the cryptocurrency is now up 14 percent since January. There are reports that say Facebook’s cryptocurrency launch could happen as soon as Tuesday (June 18).

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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

12) that the federal government would be rolling out new regulations regarding cryptocurrency at the Financial Crimes Enforcement Network (FCEN). interest in cryptocurrency is on the rise, as military contractors have begun to see its uses and the Federal Reserve seeing the potential in digital coins. In the U.S.,

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These 12 Startups Are Competing in the Demo Contest at Bank Innovation Ignite

Bank Innovation

Community Capital Technologies, Denizen Financial, Diro Inc., The 12 startups demoing to try to win the “best in show” award at Bank Innovation Ignite have been unveiled. The startups are:[link] Avocado Payments, Budgit Inc., Exagens Corp., Fintel Labs, iGTB, JUDI.AI, KapitalWise, OpenDoor Securities, and Operant.AI

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The 2023 GonzoBanker Awards

Gonzobanker

Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. They should have been investing in fintech growth businesses and they had the capital to do it.” Grab some popcorn and watch.

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The rise of Monzo, Revolut, and Starling and a comparison of Facebook and Whatsapp

Lex Sokolin

To a venture capital investor, the embedded option is more attractive given a portfolio structure that requires unicorns. Arguably, Monzo is the most fragile of the three players despite having a banking license for 2 years and having converted 94% of its prepaid card customers into current accounts for deposits and lending.

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12 Startups Showed Their Latest and Greatest at INV Fintech Demo Day

Bank Innovation

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

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What’s the State of Banking Innovation in 2017?

Bank Innovation

What is the state of banking innovation today? Each year, we poll the industry to find out. Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation?