“In theory, it replaces your bank”: TransferWise Launches Borderless Accounts and MasterCard 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.
Swiss Government Launches Blockchain Taskforce 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.
Financing at Check Out is Driving Up Competition For Lenders The insurtech’s ability to scale comes from a reliance on artificial intelligence and chatbots to help service customers and cut bureaucracy.
This Chinese Bank is Selling Tech to Make Itself Competitive Against Tech Behemoths 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.
MoneyLion Raises $42 Million to Continue Push to Capture Middle Class This news come as venture capitalists are expected to cool on investments in consumer-facing financial technology in the new year.
Central Banks Globally Look for Ways to Impose Control Over Digital Currencies Indonesia’s Assistant Governor reportedly said the bank is also concerned about the potential impact an unregulated currency could have on the economy.
Why Clearcover Is Skipping Super Bowl Ads to Sell You Car Insurance Clearcover intends to compete for customers in an industry where the average age of competitors is 95 years old through a ‘moment-centric distribution’.
Can Robinhood’s New Stock Option Trading Product Attract Millennial Dollars? The feature—making a traditionally difficult-to-access trading asset available to more novice investors—comes as interest in investing in crypto has spiked.
After $120 Million Round, Lemonade Readies to Go Global The insurtech’s ability to scale comes from a reliance on artificial intelligence and chatbots to help service customers and cut bureaucracy.
