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Category Archive: Top stories

“In theory, it replaces your bank”: TransferWise Launches Borderless Accounts and MasterCard

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Having initially launched as an international money transfer service in 2010, TransferWise has slowly expanded its capabilities to encompass more and more features traditionally serviced by banks.

FintechMarket InfrastructurePaymentsTop stories Posted on January 16, 2018January 16, 2018

Swiss Government Launches Blockchain Taskforce

Flag of Switzerland flying against a backdrop of a blue sky and mountains.
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The Swiss government announced this week the launch of its own committee to formalize its regulatory framework for blockchain-based startups and initial coin offerings.

DLTFintechMarket InfrastructureTop stories Posted on January 11, 2018

Financing at Check Out is Driving Up Competition For Lenders

Checkout screen for a cart purchasing an expensive golf club, featuring the option to check out with PayPal Credit.
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The insurtech’s ability to scale comes from a reliance on artificial intelligence and chatbots to help service customers and cut bureaucracy.

FintechLendingTop stories Posted on January 9, 2018

This Chinese Bank is Selling Tech to Make Itself Competitive Against Tech Behemoths

Shanghai skyline above the water.
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Ping An Insurance intends to eventually generate half of its revenue from technology sales, and it isn’t the only Asian bank making a big bet on tech.

AutomationDigital BankingInstitutionsMarket InfrastructureTop stories Posted on January 5, 2018January 5, 2018

MoneyLion Raises $42 Million to Continue Push to Capture Middle Class

New York skyline as seen from the Whitney Museum of American Art at sunset in January.
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This news come as venture capitalists are expected to cool on investments in consumer-facing financial technology in the new year.

AIDataFintechLendingTop stories Posted on January 4, 2018January 8, 2018

Central Banks Globally Look for Ways to Impose Control Over Digital Currencies

Pile of colorful coins on top of a map.
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Indonesia’s Assistant Governor reportedly said the bank is also concerned about the potential impact an unregulated currency could have on the economy.

DLTInstitutionsMarket InfrastructureTop stories Posted on January 4, 2018January 4, 2018

Why Clearcover Is Skipping Super Bowl Ads to Sell You Car Insurance

Clearcover CEO Kyle Nakatsuji and COO Derek Brigham stand backlit by at a large window in an office.
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Clearcover intends to compete for customers in an industry where the average age of competitors is 95 years old through a ‘moment-centric distribution’.

AIDataFintechInsuranceTop stories Posted on January 3, 2018January 4, 2018

Can Robinhood’s New Stock Option Trading Product Attract Millennial Dollars?

Screenshot of digital trading app Robinhood on a smartphone.
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The feature—making a traditionally difficult-to-access trading asset available to more novice investors—comes as interest in investing in crypto has spiked.

FintechInvestment ManagementTop stories Posted on January 3, 2018January 4, 2018

After $120 Million Round, Lemonade Readies to Go Global

New York skyline, including the Manhattan Bridge, as seen from a rooftop bar in Williamsburg.
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The insurtech’s ability to scale comes from a reliance on artificial intelligence and chatbots to help service customers and cut bureaucracy.

AIAutomationChatbotFintechInstitutionsInsuranceMarket InfrastructureTop stories Posted on January 2, 2018January 4, 2018

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