PYMNTS

AUGUST 3, 2018

With the tie-up, UTRUST plans to bring Nexo’s crypto lending capabilities onto its platform, Cryptovest reported. The partnership between Nexo and UTRUST is intended to correct this deficiency and empower buyers and merchants alike to tap into the unlimited capabilities of blockchain and cryptocurrencies.”.

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PYMNTS

JULY 24, 2019

In other news, cryptocurrency loan startup YouHodler forgot to password protect a server, which led to customer credit cards and user transactions being exposed for nearly one month. None of the information on the database, which held 86 million lines of daily updating records of the lending platform, was encrypted.

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PYMNTS

JULY 2, 2020

Prominent OTC trader Zhao Dong , of crypto lending platform RenrenBit , was held up by police in the city of Hangzhou, the report says. Zhao has a prominent status among the community, and rumors online began to circulate.

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Abrigo

DECEMBER 27, 2022

And while final numbers are still being calculated for 2022, bankers saw typologies exacerbated by the pandemic provide criminals with avenues for fraud while cryptocurrency scams surfaced more frequently. Business email compromise (BEC): Business email compromise (BEC) is one of the most financially damaging online crimes. Learn More.

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PYMNTS

APRIL 13, 2018

The funding comes in the form of Ripple’s own cryptocurrency and will be used to fund startups selected by Blockchain Capital. The cryptocurrency is set with a fixed exchange price, the company said, and enables both businesses and consumers to make payments in the marijuana industry. Artificial Intelligence.

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Bank Innovation

DECEMBER 19, 2017

Aside from the important events like record-level funding for fintechs across the globe, cryptocurrency mania, Coinbase entering the Unicorn club at a $1.56B valuation in the last quarter, there have been some […].

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PYMNTS

AUGUST 18, 2019

During an upcoming visit to Switzerland , American lawmakers plan to discuss Facebook’s proposed cryptocurrency, Libra. It appears that these products may lend themselves to an entirely new global financial system that is based out of Switzerland and intended to rival U.S. A group of six lawmakers, led by Rep. Soon after, the U.S.

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PYMNTS

APRIL 19, 2019

The B2B FinTech space saw its fair share of venture capital, too, with investors targeting spend management, alternative small business lending, workforce management and enterprise crypto services — plus, some news of a few more investment rounds likely on the horizon. The company remains one of the largest cryptocurrency players in the U.S.,

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PYMNTS

FEBRUARY 6, 2020

In today’s top payments news, Stripe and Lightspeed team up to advance in-store and online payments for retailers and restaurants, the Federal Reserve weighs the costs and benefits of a digital currency and the Reserve Bank of Australia considers stopping banks from automatically routing “tap and go” payments through Visa and Mastercard.

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PYMNTS

OCTOBER 13, 2020

The funding will be harnessed to grow the firm’s labor force and bolster its Razorpay neobanking platform as well as its Razorpay Capital lending arm. Allegro’s IPO success comes after an uptick in successful IPOs in the United States in addition to a rush of shoppers’ retail dollars into online shopping amid COVID-19.

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PYMNTS

MAY 7, 2018

Bitcoin may be the marquee name in cryptocurrencies, but regulation may loom for its digital dollar brethren. In this case, The Wall Street Journal reported, the interest is tied to whether the creators of cryptocurrencies beyond bitcoin can have an impact on the value of those very offerings.

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PYMNTS

NOVEMBER 14, 2018

It might be easy to look at that 5 percent year-on-year price decline and conclude that perhaps the world’s best-known cryptocurrency is getting more stable. But a new group of lenders has emerged to help miners and bitcoin holders turn some of their cryptocurrency into more easily spendable fiat funds, without having to sell their coins.

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Javelin Strategy & Research

NOVEMBER 15, 2022

Open Positions Accordian Reports Section 2023 Cryptocurrency Trends & Predictions Javelin Report Date: November 16, 2022 Authors: James Wester , Joel Hugentobler Research Topic(s): Cryptocurrency Javelin identifies the key digital trends, emerging opportunities, and risks in cryptocurrency for 2023 and beyond.

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PYMNTS

AUGUST 25, 2017

The alternative lending sphere has fallen out of favor with venture capitalists, according to CNBC reports this week. BlueVine CEO Eyal Lifshitz told the publication that there has been a shift in how alt-lenders get financed, with backers now looking more closely at the “viability of the overall lending model.” Alternative Lending.

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PYMNTS

APRIL 11, 2019

Goldman’s Solomon pointed out in his written testimony that it launched Marcus in 2016, a move toward digital services, such as online savings accounts and certificates of deposits. He said that “leveraged lending” and “student lending [are] growing rapidly, and deteriorating rapidly.”

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PYMNTS

DECEMBER 8, 2020

Many of these processes had begun to shift to digital channels within the past several years, however, and the health crisis has caused the online shift to pick up steam at an incredible pace. Despite these digital developments, there are still hurdles that banks and other financial firms must overcome.

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Bank Innovation

JANUARY 2, 2019

Then there is also the possible revival of older trends (hint: cryptocurrency could be […]. The seed for some trends like voice banking and contactless payments were already planted last year, while others such like core overhauls went relatively untouched last year.

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PYMNTS

FEBRUARY 10, 2020

In the fourth quarter of 2019, companies paid on average $84,116 to get their files back from online thieves. China’s Central Bank To Start Re-Lending Funding To Fight Virus. The costs resulting from bitcoin- and cryptocurrency-related crimes hit $4.3 What Amazon At 10 Can Teach Us About Uber At 10.

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PYMNTS

NOVEMBER 12, 2019

“But at the same time we will keep the balance between the ‘controllable anonymity’ and anti-money laundering, CTF [counter terrorist financing], and also tax issues, online gambling and any electronic criminal activities,” he added.

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Bank Innovation

JANUARY 30, 2019

It may take a few years for blockchain’s impact to be felt meaningfully, but it will provide some advancements in certain areas even as cryptocurrencies falter, according to JPMorgan Chase & Co.

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Bank Innovation

MAY 3, 2018

But working with the cryptocurrency taught the payments company quite a bit about blockchain technology, and how it ends up employing that knowledge may be the true payoff […]. Square made a splash when it announced it would sell bitcoin in its Cash app, but failed to make much money doing so, it was revealed yesterday.

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PYMNTS

DECEMBER 28, 2020

Chinese financial regulators are moving to check the influence of Jack Ma’s Ant Group by instructing it to switch focus back to its payment business while remedying problems in wealth management, personal lending and more. A hundred thousand winners received the opportunity to spend 200 digital yuan on different online or offline services.

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PYMNTS

OCTOBER 8, 2019

Today in the payments news roundup, Affirm has launched a new app that will let customers use the service to pay almost anywhere online or in the real world. Domino’s Supreme Court Decision Spotlights Online Web Accessibility . Max Levchin On The Future-Present Of Everywhere POS Lending.

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Gonzobanker

JULY 9, 2021

As fintech startups, challengers, and even mature fintech providers laser in on evermore specific pain points, investors pour funds into the payments, lending, data, and other approaches to pain relief. which is to say, online payment processing for Internet-based businesses. Lending: Where there is smoke, there’s a growing fire.

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PYMNTS

MAY 2, 2018

Together, the companies are testing a blockchain micro-lending solution that would broaden food vendors’ and farmers’ access to capital. The solution integrates with QuickBooks Online, enabling small businesses to link their Quickbooks Online accounts to the PayPie platform, which can automate analysis of small businesses’ finances.

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PYMNTS

MARCH 22, 2019

Much hype and hope surrounds the adoption of cryptocurrencies — bitcoin among them as the marquee name in the space, of course — beyond the Wild West of speculative trading that exists now. Direct Lending Probe : An SEC investigation has prompted the founder and CEO Brendan Ross to resign. IPO could stand for … Investors Prefer to Own.

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CB Insights

AUGUST 3, 2017

Latin America fintech companies are creating solutions aimed at rethinking banking, lending, and payments in the region. Lending : Companies providing loan and credit products, such as Creditas , which has raised $27M to offer collateralized loan products. Track the LatAm fintech companies in this brief and many more on our platform.

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PYMNTS

AUGUST 12, 2019

A bit closer to home, the New York State Department of Financial Services (NYDFS) has stated that it will lead a multi-state investigation into alleged violations of state regulations of the short-term lending industry. Of particular focus will be payroll advances, according to reports. Cryptos/Blockchain, Too.

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Javelin Strategy & Research

JANUARY 12, 2022

Reports Section 2022 Cryptocurrency Trends & Predictions Javelin Report Date: December 8, 2021 Authors: Marco Salazar , William Trout , Daniel Gonzalez , Daniel Keyes Research Topic(s): Cryptocurrency The meteoric rise of cryptocurrency so far has outpaced regulators, tax management, and the payments industry.

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CB Insights

FEBRUARY 16, 2021

Among plenty of emerging use cases, the technology aims to create a new and improved payments system for the world — one that’s secure, transparent, decentralized, fast, and uses cryptocurrencies (types of digital cash) as a means of exchange. But the value of most cryptocurrencies, especially bitcoin, fluctuates on a daily basis.

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Bank Innovation

SEPTEMBER 8, 2017

Chinese insurance company ZhongAn Online Property and Casualty Insurance, which boasts a customer base of 500 million people, has obtained approval to open an initial public offering (IPO) on the Hong Kong stock exchange. China’s first online-only insurance company hopes that the IPO will raise as much as $1.5 billion USD.

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PYMNTS

APRIL 11, 2019

Goldman’s Solomon pointed out in his written testimony that it launched Marcus in 2016, a move toward digital services, such as online savings accounts and certificates of deposits. He said that “leveraged lending” and “student lending [are] growing rapidly, and deteriorating rapidly.”

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PYMNTS

JANUARY 3, 2020

But online lending companies are seeing a surge in digital loans — up 19 percent year over year in 2019. Jens Weidmann, European Central Bank policymaker, has advocated that banks within the region find alternatives to Facebook’s cryptocurrency. The preliminary numbers from UPS count on 1.9 consumers spent $462 billion.

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Javelin Strategy & Research

NOVEMBER 7, 2023

2024 Trends & Predictions: Digital Assets & Crypto Javelin Report Date: November 7, 2023 Authors: Joel Hugentobler , James Wester Research Topic(s): Digital Assets & Crypto The world of digital assets and cryptocurrencies seems poised on the precipice of realizing more of its promise.

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PYMNTS

AUGUST 28, 2017

Elsewhere in regulation, and also outside the United States, focus is tightening on cryptocurrencies. Australia is gearing up to boost anti-money laundering efforts and wants to regulate cryptocurrencies, including bitcoin.

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PYMNTS

APRIL 26, 2019

In addition, they are expected to jointly explore new product and service offerings in digital lending. Selling fast food these days is not exactly for the faint of heart, given how the industry faces extreme — and increasingly online — competition for the consumer dollar. How to Shake up B2B Financing at the Point of Sale. The latest?

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PYMNTS

OCTOBER 4, 2019

Whether they’re waiting to receive government payments , wages or rebate checks from online retailers, consumers increasingly demand that funds be sent instantly. Rakuten On Growing Demand For Instant Rebates. Consumers are no longer willing to wait for even the simplest of disbursements. Taking Stock Of Libra’s Vital Signs.

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