Remove blockchain Remove Financial Technology Remove Lending
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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions.

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Cred Crypto Lender Names PayPal Veteran As CFO

PYMNTS

Cred , a global crypto-backed lending and borrowing platform, has announced the addition of two executive team members. Joe Podulka, a 10-year veteran of eBay and PayPal , joins Cred as chief financial officer. He also spent 11 years at eBay/PayPal in a variety of roles in the U.S. and abroad, according to a press release.

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Bitcoin Daily: Bank Of Canada Tests DLT; Crypto Startup Uphold Gets Into Loans

PYMNTS

.” The Bank of Canada , TMX Group and Canada’s payment system teamed up for a test to settle and clear mock stocks using the blockchain, Bloomberg reported. Work remains to be done to determine how it can be set up to maximize the benefits for the whole financial system.”.

Bitcoin 191
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Yes, Fintech Really Is Improving Customers’ Everyday Lives

Bank Innovation

Most veterans of the financial technology space can confess to some cynicism about new technology and products. Consumers, especially those with genuine day-to-day financial struggles, don't seem to see much improvement. We're all still waiting for blockchain and mobile payments to transform the financial system.

Fintech 170
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Fostering the Financial Technology Infrastructure of Tomorrow

Insights on Business

Imagine a scenario in which opacity and complexity have been removed from the financial services industry. Anyone with an idea of how we might conduct business better and more efficiently, be it in wealth management, lending, insurance, or payments, could bring it to life with ease.

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The year in IBM FinTech

Insights on Business

Banking on blockchain for increased trust”. You would be hard-pressed to find tech industry jargon spoken and written about as much as the secure ledger technology known as blockchain. While it is currently revolutionizing a number of industries , blockchain might as well be the word of the year in technology.

Fintech 129
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Ireland Boosts FinTech Development Efforts

PYMNTS

The government said that, in the wake of Brexit, roughly 100 financial firms have applied to set up shop or expand operations in Ireland. The Times reported late last week that initiatives include a “FinTech foresight” group that will bring together various stakeholders across financial technology and multinational companies.

Fintech 189