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RSA Conference 2015: A Sneak Peek Program Chair Hugh Thompson on What to Expect

A good summary in case you were missing out. New tracks dedicated to the Internet of Things and securing the ecosystem

Running from April 20 through 24 at the Moscone Center in San Francisco, this year's U.S. event revolves around the theme of change -...…

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Wonga hit in the pocket by tighter lending rules

Wonga made £37M annual loss after a clampdown by UK regulators on payday lending. As part of Wonga’s effort to transform its image it...

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VCs Pour Money Into Cybersecurity Startups New companies have taken different approaches to protecti

Security in the broader definition is hot: Fraud, Cyber, Identity you name it!

David DeWalt, CEO of FireEye, whose 2013 IPO was the biggest among U.S.-based, venture-backed cybersecurity companies in recent years. ...…

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Coin, The One Credit Card To Rule Them All, Is Finally Shipping

And there it Finally is! Let's see how momentum picks up

The Coin (promising to let you combine all your credit/debit/loyalty cards into a single piece of tech) has delayed for so long that you...…

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Oscar, a Health Insurance Start-Up, Valued at $1.5 Billion

The NY based health insurance startup, Oscar, was started by Thrive Capital's, Josh Kushner. The startup secured $145m on a $1.5b...

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Square graduates from barista tips to business financing

Last year Square Capital last year, the company has issued $100 million in loans to 20,000 small businesses.

Square charges 2.75%...

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The Unbundling Of Everything

The sharing economy and the Unbundling of Everything all nice trends. Interestingly enough they contradict e.g. UBER is bundling...

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Full Stack Fintech vs White Label Fintech

White-label fintech startups such as FIGO, Yodlee, Currency Cloud operate behind the scene, often in collaboration with incumbents....

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JPMMorgan FInTech investments map

Nice Overview, and also some very nice investments made! Also interesting to see what they did not invest in: BitCoin....

But when we isolate for JPM’s FinTech moves, a few names stand out. Specifically, JPM invested in online broker Motif Investing‘s $35M...…

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Interactive Brokers Group (IBKR) to Acquire Covestor

Great to see how Interactive Brokers is transforming to a market place. with the growth of ROBO and general investment trends, see...

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Currency Cloud Launches in the US

Impressive growth of Currencycloud, ready for the next "s" curve! $Some cool facts: 10 billion of international payments and makes...

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Announcing Opendoor – New Srs B Investment for GGV

Think market for Mortgages is a next uncracked market that is huge and ready to disrupt. Given the emotional aspect of owning a house,...

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LONDON FINTECH: OPEN API STANDARD FOR UK BANKS

The API debate is heating up each week growing number of reports! Very few however look into the economics of API's

Last week the Treasury announced the deadline of its call to evidence, in an attempt to consolidate an open API standard for UK banks,...…

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P2P Lending Site Funding Circle Raises $150M Led By DST At A $1B+ Valuation

Making it 2 known unicorns (1Bn+ valued companies) in the UK. Transferwise and FundingCircle. Which one will be the next?

 Funding Circle — a London-based peer-to-peer platform for small businesses to get loans, and investors to put up money to finance those...…

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German Online Loans Platform Smava Raises $16M

Lending is hot...and platforms are grappling the opportunity to take advantage of it. Lots of this money will go into marketing,...

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Costco to Pay Almost Zero to Accept Credit Cards Don't Miss Out

Great interesting background article. All things tend to indicate that payments will move to zero cost

Costco Wholesale Corp., the retailer that replaced American Express Co. as its credit-card issuer in Canada, is considering a similar...…

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An app that has helped millennials save $25 million

Acorns an impressive digital savings app:

The 8 month old spp has grown to more than 650,000 members, opened over 300,000 investment...

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Larry Summers' full-throated endorsement of online lending

This week the former Treasury Secretary delivered the keynote address at LendIt. He expects online lenders to eventually capture 70%...

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Peter Thiel makes second European investment, leading $10.6M round for Berlin’s Number26

Banking on the phone! Seems like the better version of Numbrs

Thiel’s Valar Ventures announced today it has led a $10.6 million investment round for Berlin’s Number26. It’s Valar’s second investment...…

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Citibank, Lending Club to Partner on CRA Loans

Collaboration continues. Especially in place where there is socio political pressure for banks to continue to lend or where...

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Why Fintech Banks Will Rule The World

Interesting article, for the case of the aggregator and API world of banking. Coming years will be very interesting to see if Banks...

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World Bank reports massive drop in number of unbanked

700 million became account holders in 2011-2014. Mobile money in Africa helped also for a massive boost!

From 2011 and 2014, 700 million people became account holders at banks, other financial institutions, or mobile money service providers,...…

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Goldman Sachs leads $25m Billtrust funding round

Great company, focused on a big problem!

BilltrustBilltrust, the leader in Payment Cycle Management, has raised $25 million in new funding, led by Goldman Sachs Private Capital...…

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Personal cashflow forecaster MoneyStream raises $3.2 million

May be this is the breakthrough personal Financial Money management tool...to date results in general for PFM have been disappointing

MoneyStreamMoneyStream, a new personal finance service, enables consumers to see how much money they will have each day for the year...…

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Marketplace Lenders Share a Major Concern with Banks: Finding Borrowers

Interesting to see how problems shift when sectors mature. From where are the lenders, to where are the borrowers!

Marketplace lending is booming — but where are the borrowers? The LendItUSA event, taking place in New York this week, has trumpeted...…

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Will SAP buy Tradeshift

Interesting article on the impact FinTech start-ups also have on the established IT companies.

In short, and similar to IBM, Tradeshift is building its own ecosystem through the incorporation of third-party apps that compliment...…

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BNY Mellon Explores Bitcoin’s Potential

BNY's CIO Suresh Kumar is experimenting with blockchain The bank will use bitcoin, known internally as BK coins, as incentives to staff...

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Students fret over Venmo payments to alleged drug dealer

Columbia students are upset over the arrest of a student who was arrested on drug charges after accepting payments through Venmo. Every...

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Insurers Get Approval to Use Drones AIG, State Farm and USAA will be able to use the unmanned aircra

This will be interesting to see where the limits are in terms of using drones! But great to see tech is increasingly being used IOT and...

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Challenger bank Shawbrook fetches £725m valuation on IPO

A new listed Bank in the UK. Shawbrook targets small and medium sized companies for its loans. Virgin Money, TSB and OneSavings Bank...

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Digital Lender Atom Taps Investors For £75m

That's quite a high pre-live round outside the US!

The UK's first digital-only bank is tapping investors for £75m in fresh funding as it inches towards a green light from regulators that...…

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Citi looks to build a global ecosystem for FinTech

City was with City ventures clearly already one of the earlier movers in banking, interesting article on their broader plan

FINEXTRA: Why is Citi investing in the Citi Mobile challenge? RUIZ: It is not just a question of Citi, it is how the industry is...…

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10 Fintech Companies Outsourcing to Ukrainian Developers

For those looking for inspiration or input re outsoucing IT, please find below a set of examples , incl. names of outsource party of...

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Holvi challenges European banks by activating Millennials

Halve has an interesting client base with 83% of its customers bing millennials. Last weeks heard many rumors around this company, more...

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Behind PayPal’s Foreign Assets Violations

Wonder how well the FinTech Start-ups are organised to prevent AML issues like this?

In 2009, the US Treasury Department’s Office of Foreign Assets Control (OFAC) blacklisted an individual named Kursad Zafer Cire. Mr. Cire...…

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In Depth With Portfolio, The App That Wants To Take On Yahoo Finance

Nice app, feels a mix between mytradehero and seeking alpha

There is more to mobile apps than games, and Portfolio, co-founded by TechCrunch alum Ben Schaechter, wants to upend the financial...…

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DealStruck Raises $8.3 Million In Equity Financing To Grow Even If The Economy Tanks

Nice model at cross road of On and Offline SME lending

the company said it raised $8.3 million in venture financing today. The company also said it secured a $50 million credit facility as...…

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The CEO of America's biggest bank is worried about Silicon Valley and Bitcoin stealing his business

Interesting article, especially the end: Dimon also spared a few words for cybersecurity threats, an issue that has plagued JP Morgan...

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HOW FUNDBOX IS CHANGING SMALL BUSINESS FINANCING

82% of all businesses failures are due to poor cash flow management. Fundbox is a flow optimization tool that leverages Big Data...

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Measuring Social ‘Trust’ to Make Loans

Social credit! this is how credit works in communities...how do you expose people socially/put pressure on them like in the offline work?

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Indian Payments Startup MobiKwik Nabs $25M From Tree Line, Cisco, AmEx And Sequoia

The world goes mobile payment...our children might not even know what a debit card is...or a bank

The rise of e-commerce in India has triggered a wave of startups that are leveraging the increasing adoption of smartphones to provide...…

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RiskEraser: Will convenience beat price when buying insurance protection?

Neat example of an insurance start-up!

To answer this question, I skyped with Max Steinmetz earlier this week. Max is the CEO of German InsuranceTech startup, RiskEraser. A...…

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UBS to Open Blockchain Research Lab in London

Good to have a focused initiatives as most of these initiatives are so broad that it is hard to get meaningfull impact out of it

Swiss banking giant UBS UBS +0.57% is to open a technology lab in London. Bloomberg News Swiss banking giant UBS is to open a technology...…

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Bitcoin Marketplace Buttercoin Folds Despite $1.3 Million Investment

The shakeout starts from seed to series A transition....

Comment added from Garrick Hileman, an economic historian at the London School of Economics. US bitcoin marketplace Buttercoin is...…

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Chicago’s Avant acquires fellow Y Combinator alum ReadyForZero to bolster smart lending platform

AvantCredit recently rebranded to Avant in hopes of no longer being recognized as just a lending service. The 3 year old Chicago based...

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Bitcoin and M-Pesa; What Stands between Them

Nice comparison

I came across a link about M-Pesa on the Bitcoin subreddit with the headline ‘Kenya's M-Pesa mobile payment service is beating bitcoin’....…

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Canada's D+H Corp to buy payment services firm Fundtech

I think for many unknown, but they serve majority of global banks...

Canadian financial technology firm D+H (DH.TO) said on Monday it agreed to acquire global payment services provider Fundtech for $1.25...…

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Facebook enters the booming market for mobile payments

Nice overview article.....Also interesting that in contrast to Snapcash and Venmo, Facebook’s service does not make instant payments:...

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Rocket Internet-Backed Lender Spotcap Close to New Fundraising

And another SME lender joining the party...

Spotcap, the online lender backed by German investor Rocket Internet AG and billionaire Len Blavatnik’s Access Industries LLC, is in...…

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