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Last week we held Finovate’s first-ever fully digital event. And while the networking hall looked a little different this year, the quality of the discussions remained the same. The event took place over the course of five days and focused on key trends within the fintech industry, including AI, lending, blockchain, and regtech. One overarching Read more…
The ways that ride-sharing companies in Asia have leveraged their platforms to bring a variety of financial services to underserved communities is one of the more noteworthy – and unexpected – developments in the evolution of fintech in the region. Many people are familiar with Grab, the car-sharing and food delivery company founded in 2012 Read more…
Blockchain analysis company Chainalysis is on a mission to promote trust and transparency for cryptocurrencies. Aiding that undertaking today is an additional $13 million in funding to add to its Series B round. The new investment comes from Ribbit Capital and Sound Ventures and brings Chainalysis’ Series B round to $49 million. The New York-based Read more…
This is a guest post written by Shannon Flynn, managing editor at ReHack.com. Amid the market instability caused by COVID-19, a major shift seems to be taking place in the crypto industry. After years of false starts and criticism from the banking sector and traditional financial institutions, new partnerships and legislation seem to suggest the Read more…
U.K.-based peer-to-peer lender Zopa announced this week that it has been awarded a full U.K. banking license and will move forward with its plans to launch a digital bank. The bank will offer the Zopa Fixed Term Savings Account, which features FSCS protection up to £85,000. Zopa plans to introduce a credit card later this Read more…
Blockchain payment solutions company Ripple announced this week it has signed Banco Rendimento to RippleNet Cloud. The addition of the Brazil-based bank marks the first bank to leverage Ripple’s cloud-based solution. This news comes a year-and-a-half after Banco Rendimento joined RippleNet in 2019. “Migrating our payment infrastructure to RippleNet Cloud allows us to provide our Read more…
The following is a guest post by Jake Rheude, Vice President of Marketing for order fulfillment company Red Stag Fulfillment. Fintech has dramatically shifted the way people and enterprises use and move money, and that’s increasingly impacting the world of ecommerce. While logistics is typically thought of a sloth when it comes to adopting innovative Read more…
The latest report from fintech enablement platform Hydrogen, which made its Finovate debut in 2018, takes a look at how the global public health crisis has accelerated the rise of payments-as-a-service. But it’s not just COVID-19; enabling technologies like blockchain and AI are helping play a major role in making PaaS a key space for Read more…
Sunayna Tuteja of TD Ameritrade discusses the not-so-secret secret sauce to getting innovation right.
We’ve heard a lot about how the coronavirus has made an impact across the fintech realm, but what about in the crypto space? With an unstable stock market, why weren’t investors fleeing to alternative, blockchain-based assets? To get an inside view on these questions and more, Finovate’s Adela Knox spoke with Max Lautenschläger, managing partner Read more…
A global product and pricing solution provider for banks, Zafin finished 2019 with a new Salesforce integration and began this year with a major change at the top: adding financial services veteran Venkataraman Balasubramanian (known informally as “Bala”) as the company’s new Chief Technology Officer. Balasubramanian arrived at the Toronto, Ontario, Canada-based company at a Read more…
Cloud banking innovator nCino has picked up another partner. The Wilmington, North Carolina company – which made its Finovate debut at FinovateEurope in 2017 – has teamed up with Swedish SME lender Yourban. The firm will deploy the nCino Bank Operating System to power its SME lending operations. “Our vision for Yourban was to create Read more…