Sun.Sep 08, 2019

Money without government? Emperor’s without Clothes?

Chris Skinner

I finally hit the nail on the head about why you can’t have money without government.

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Monster: Job Seekers’ Resumes Were Exposed Online

PYMNTS

Monster.com was the victim of a data breach caused by an exposed web server, but failed to inform users about the incident.

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Things worth reading: 9th September 2019

Chris Skinner

Things we’re reading today include … What’s Driving The Digital Banking Boom In Latin America Eurofi: inside the ‘think-tank’ at the heart of the EU KPMG predicts no-deal Brexit recession in 2020 Dorian industry insured losses seen in several billions of dollars: Munich Re Not so grand: the FCA must … The post Things worth reading: 9th September 2019 appeared first on Chris Skinner's blog. Reading

Jack Dorsey Says No To Square’s Version Of Crypto

PYMNTS

There are no plans for Twitter to create its own digital currency similar to Facebook ’s Libra. Founder Jack Dorsey said in an interview he has no interest in developing a cryptocurrency for either Twitter or Square , according to The Sydney Morning Herald.

DeFi will eat traditional finance and dramatically expand the global lending market

Daily Fintech

In Assyria and Sumeria, merchants made grain loans to farmers and traders that carried goods between cities. In ancient Greece and during the Roman Empire lenders that were based in temples made loans.

US Congress Discovers Alleged Flaws In Deutsche Bank Controls

PYMNTS

congressional investigators have found possible failures in Deutsche Bank AG’s money laundering controls.

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Bitcoin Daily: Japan’s LINE Approved For Crypto License; Binance To Soon Launch US Branch

PYMNTS

Japan ’s LINE has been approved for a cryptocurrency business license in the country, allowing it to offer its crypto exchange services in Japan. According to CoinDesk , the new platform will be called BitBox.

Investors push installment payments into more mature markets

Payments Source

Fintechs providing installment loans are attracting significant funding from investors who see opportunities in developed economies for consumer financing products, which are already well established in emerging markets. Venture funding Point-of-sale Brazil Australia Americas

Getaround Car Sharing Platform Raises $200M At $1.7B Valuation

PYMNTS

Car sharing marketplace Getaround is looking to raise up to $201.5 million in Series D extension funding, which would boost the company’s valuation at up to $1.7 billion. According to PitchBook , the final terms and details of the financing have not been announced and are subject to change.

Powerful New Signals for Financial Marketers From Millennial Segment

The Financial Brand

Challenge and opportunity define this huge generation. Financial institutions that take the right approach (and walk the talk) stand to win. The post Powerful New Signals for Financial Marketers From Millennial Segment appeared first on The Financial Brand. Featured Content Marketing Strategy

WeWork IPO Status Uncertain As Valuation Could Dip Below $20B

PYMNTS

WeWork is moving ahead to roll out an investors’ roadshow as it looks for an initial public offering (IPO) as early as next week, sources told Reuters on Friday (Sept. The company’s IPO was deemed controversial after U.S.

Now is the Time for Financial Institutions to Prepare for a Gen Z Workforce

The Financial Brand

An important part of digital banking transformation is finding ways to hire, train and retain tech savvy Gen Z workers. The post Now is the Time for Financial Institutions to Prepare for a Gen Z Workforce appeared first on The Financial Brand.

Which Digital Ads Bug Banking Consumers Most & Why They Hate Them

The Financial Brand

Video marketing messages, animated banners and ads that follow you around a site can annoy the heck out of bank and credit union prospects. The post Which Digital Ads Bug Banking Consumers Most & Why They Hate Them appeared first on The Financial Brand. Digital Marketing

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