article thumbnail

Hive Project Taps Into Cryptocurrency For Invoice Finance

PYMNTS

The Hive Project, a company that uses cryptocurrency and Ethereum blockchain for trade financing , has launched its platform. The company announced Friday (June 30) that its portal is up and running to link SMEs to trade financing by turning unpaid invoices into tradable assets. The sale will last six weeks, it said.

article thumbnail

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. “Lending and earning crypto are hard businesses to get right, particularly in a bear market,” he said. In a press release on Tuesday (Dec.

Lending 139
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Alternative Underwriting Is Helping New Lenders Reach First-time Borrowers

Bank Innovation

New entrants in the lending field are using alternative means -- cryptocurrency-backed loans to "social credit," a measure of the strength of your social connections -- to offer credit to the underbanked.

article thumbnail

Singapore Banks Close Cryptocurrency Firms’ Accounts

Bank Innovation

Several banks in Singapore have closed the accounts of an estimated 10 firms specializing in cryptocurrency and payments services.

article thumbnail

Bank Innovation Completely Overhauls 2018 Conference Agenda

Bank Innovation

EXCLUSIVE- Bank Innovation has released the agenda for its seventh annual fintech conference, and it is completely overhauled to enhance the event experience for attendees.

article thumbnail

What’s the State of Banking Innovation in 2017?

Bank Innovation

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

article thumbnail

What is the State of Banking Innovation in 2017?

Bank Innovation

What is the state of banking innovation today? This year, the pressure for banks to innovate is high, as banks no longer […]. Each year, we poll the industry to find out.