Breaking Banks: Fintech charter; blockchain, credit scores and refugees
First half: Brett King says the OCC fintech charter is overdue. Second half: fintech and refugees. ... Read full article
First half: Brett King says the OCC fintech charter is overdue. Second half: fintech and refugees. ... Read full article
Some say 2017 is a make-or-break year for the recordkeeping technology spawned by bitcoin. According to a survey released Thursday, most executives in financial services and IT are putting their money on "make." ... Read full article
Cambridge Blockchain, a startup that bills its technology as a solution for banks to the competing regulatory imperatives of transparency and privacy, has raised $2 million through a convertible note. ... Read full article
American Express has signed on to the Hyperledger Project, a industry group of more than 100 members developing blockchain technology for corporate use. ... Read full article
In time, more large institutions will realize that closed, centralized blockchains aren’t any better than the databases now in use. ... Read full article
Chinese's largest online payments company to get a footprint in the U.S.; Believers in blockchain bemoan the lack of global cooperation. ... Read full article
Bank consortium R3 CEV, one of the most well-funded blockchain working groups, has endured criticism for its meticulous process. But if blockchains are most valuable with a network effect, maybe forgoing some agility is worth the long while. ... Read full article
Justin Newton, founder and CEO of Netki, discusses the barriers to commercialization of bitcoin, how his startup is trying to solve the problem, why private blockchains are useful and why public ones will eventually become more valuable. ... Read full article
HSBC has formed an advisory board to guide it on fintech, cybersecurity and IT infrastructure issues. ... Read full article
Host Brett King chats with TheFinanser.Com's Chris Skinner and American Banker's Penny Crosman. Then, Brett reports from the floor of the Computer Electronics Show, where he spoke to Guy Kawasaki, a VC who drives a semi-autonomous Mercedes. ... Read full article
The goal of Deloitte's new blockchain-focused lab in New York is to turn proofs of concepts into real solutions. ... Read full article
The Society for Worldwide Financial Telecommunication is exploring the potential of distributed ledger technology for banks to provide real-time reconciliation of their databases for accounts they hold in other banks in a foreign currency. ... Read full article
SoftBank's big bet on next-generation tech; Supreme Court hears surcharge arguments ... Read full article