Fintech
Financial Services Industry| News, how-tos, features, reviews, and videos
Blockchain to generate more than $10.6B in revenue by 2023
Blockchain has seen a real uptick in adoption as a number of companies roll out pilot tests in various industries and blockchain-as-a-service gains traction.
Economist Nouriel Roubini: Blockchain and bitcoin are the world’s biggest scams
The economist who predicted the 2008 financial collapse has been telling congressional leaders that bitcoin and blockchain represent a significant threat to the stability of the financial marketplace. But he's getting pushback.
Banks remain wary of blockchain-based electronic payment networks
While blockchain-based payment networks could help eliminate central authorities and their accompanying fees for cross-border transfers, banks and other enterprises see risks.
Mastercard, Microsoft partner on B2B fintech network that could save billions
Mastercard and Microsoft have developed a B2B global trade platform that creates a directory of businesses for verification purposes and a payment and clearance network to challenge what is today a mostly paper-based system.
EU regulation will drive U.S. banks to embrace FinTech or lose market share
Europe's financial services industry has been forced to embrace open banking and customer data sharing. Now, with PSD2, U.S. banks will soon have to follow suit or face increased online competition.
China once again cracks down on cryptocurrencies, news outlets
The Chinese government has banned more than a half dozen online media outlets after they published information on cryptocurrencies, and a regional government authority clamped down on all venues hosting crypto events.
What Vitalik Buterin’s tweetstorm means for the future Ethereum blockchain
In an effort to explain what will be a major upgrade to the Ethereum blockchain that will include a Proof of Stake mechanism and sharding system, its founder meticulously detailed the history of development efforts and where those...
U.S. Treasury: Regulators should back off FinTech, allow innovation
The Treasury Department, in a report, is recommending that state and federal regulators loosen their grip on FinTech and financial services firms in general and allow them to innovate.
Blockchain, chatbots, and AI could reinvent corporate finance
Over the next several years, CFOs and their finance organizations will be able to tap three key technologies to make their business processes better, faster and less expensive.
Google to offer blockchain as part of cloud service
Google has joined a growing number of cloud service providers who are offering blockchain to enterprises.
How to decide whether to deploy blockchain
At a Forrester Research tech conference this week, principal analysts and the IT director for the Federal Reserve Bank of Boston talked about how to deploy blockchain and who should consider doing so.
Here come the first blockchain smartphones: What you need to know
Two companies are planning to soon launch smartphones with native blockchain capabilities that will allow users to trade digital tokens and store them offline.
The top 3 disruptive FinTech technologies to watch in 2018
FinTech will benefit from three technologies that are expected to expand the usefulness of big data, offer more secure and responsive applications and exponentially grow computational performance.
UC Berkeley puts blockchain training online; thousands sign up
After teaching an on-campus course about cryptocurrencies, UC Berkeley is planning to launch a two-part, online course aimed at educating students around to globe about cryptocurrencies and business-scale blockchain networks.
SEC official says Ethereum is not a security, freeing it from oversight
The Securities and Exchange Commission has reportedly been scrutinizing Ether, second only to bitcoin in value, to determine whether it should be considered a security; today, an SEC official stated it is not.
The way blockchain-based cryptocurrencies are governed could soon change
Proof of Work algorithms, which govern how bitcoin and other cryptocurrencies run, have proven slow and costly. So developers are eyeing a faster and more efficient algorithm: Proof of Stake.
Regulatory uncertainty could stymy blockchain adoption
Even as companies seek to integrate the distributed ledger technology into their business models, uncertainty about the regulatory landscape is seen as a major stumbling block.
The top blockchain jobs you need to know about
Blockchain development is the hottest IT job skill today; knowing what companies want is key to landing a high-paying and challenging job working with the still-emerging distributed ledger technology.
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