4/30/2020 5:08:58 PM Growth in mobile wallets in LatAm: nearly 7m operating in Argentina already By Carlos Alonso Torras Argentine Fintech Chamber reports that use rates for mobile wallets have increased 120-800%, mostly since the start of the COVID induced...
4/30/2020 4:33:21 PM Ocrolus Adds Senior Technical Leadership By FinTech Collective Portfolio company Ocrolus has built out it's tech ranks. Joining the team are CTO Pieter Nel, who helped develop the world's first...
4/29/2020 2:01:16 AM Countries and companies tap fixed-income market with ‘social bonds’ for COVID relief By Carlos Alonso Torras Countries and corporations are tapping a growing corner of the $100 trillion global bond market with designated ‘social’ and...
4/29/2020 1:50:13 AM Cyberthreats add to LatAm bank challenges in pandemic By Carlos Alonso Torras COVID-19 has added a challenge for digital banking, demanding more robust cybersecurity technologies and an urgent need to improve...
4/29/2020 1:40:57 AM Argentina’s Central Bank Trials Blockchain for New Interbank Settlement Layer By Carlos Alonso Torras The Central Bank of Argentina (BCRA) is testing a new blockchain-powered clearing system that could be used by some of the country's...
4/26/2020 9:06:45 PM Fintechs sidelined in second round of SBA PPP funding By Carlos Alonso Torras The new round of funding for the Paycheck Protection Program, which includes $60 billion for smaller businesses, excludes non-depository...
4/24/2020 7:13:06 PM Open access networks will free communities from modern day 'Ma Bells' By Faisal Kawar The state of critical smart infrastructure is the single most addressable factor between the divergent paths of communities in the US....
4/24/2020 7:03:43 PM FormFree and Ocrolus Partner on Comprehensive Borrower Income Verification Program By Faisal Kawar FormFree®, a leading credit decisioning service for lenders and brokers, announced a partnership with portfolio company Ocrolus, a...
4/24/2020 6:59:12 PM Why Is the Oil Price Negative and Can You Buy Some? An Explainer By Faisal Kawar To buy, you must have a membership to trade directly on this market. According to CMEGroup, which owns the exchange, you must be “an...
4/24/2020 6:55:25 PM Negative Oil Prices Pose Headache for Futures Giant CME By Faisal Kawar While CME doesn’t specify how much money it makes from individual contracts, UBS analysts estimate that about 14% of its revenue this...
4/24/2020 6:20:44 PM China Rolls Out Pilot Test of Digital Currency as the U.S. Sends Paper Stimulus Checks By Gareth Jones China’s central bank has introduced a homegrown digital currency across four cities as part of a pilot program, marking a milestone on...
4/24/2020 6:13:31 PM Dealmakers Are Turning to Drones to Help Complete Transactions By Gareth Jones Drones facilitating M&A transactions would be a new application. The closest thing in finance has been hedge funds gaining an investment...
4/24/2020 5:53:39 PM A Cheaper Roof Over Your Head During the Pandemic? By Gareth Jones Instead of just lending people money to buy homes, companies are now co-investing with them — in other words, taking an ownership stake...
4/24/2020 5:50:59 PM Monzo leapfrogs Revolut by applying for US banking licence By Gareth Jones The digital banking start-up, which has 4 million customers in the UK, applied to the US Office of the Comptroller of the Currency for...
4/24/2020 5:40:07 PM The World Bank predicts global remittances will fall by 20% this year By Gareth Jones According to the latest forecast by the World Bank this would be the largest single-year decline in remittances in the past century. The...
4/24/2020 5:37:35 PM Two UK insurers outline scale of coronavirus claims By Gareth Jones UK-listed insurers Hiscox and Beazley have given their first estimates of the scale of potential claims from coronavirus, which could be...