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.

Lending 150
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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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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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Nucleus Software Adds Trade Finance Tech To FI Offerings

PYMNTS

Nucleus Software, an India-based company providing financial institutions with lending and transaction banking technologies, has integrated more features into its offering to expand its clients’ trade finance capabilities. The FinnAxia 5.0 The latest release of FinnAxia 5.0 India is a popular target for trade finance innovators.

Software 122
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Digital Currency Eyes Wholesale — Not Retail — Payments Down Under

PYMNTS

The nod toward “overseeing the payments system” seems to give a wide berth to the idea that a CBDC could underpin a broad swathe of the Australian financial system, and would keep things closely held. A CBDC would be denominated in the sovereign currency, and convertible at par with other forms of money.”. “In

Retail 219
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Japan’s Mizuho Launching FinTech Venture

PYMNTS

According to a report in Reuters , Daisuke Yamada, Mizuho’s chief digital innovation officer, said in an interview the company already has around 20 projects in the pipeline to launch the venture with some using blockchain technology and others focused on artificial intelligence in areas including farming and travel.

Fintech 100