What’s Next for Libra?
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Facebook’s proposed new digital cryptocurrency, Libra, made quite a splash when it was first announced earlier this year. But now it seems to be falling apart at the seams.
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Fintech News Stories
Snip, Snip: Haircuts Are Trendy Among Central Banks
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Minutes released this week from the latest Fed meeting show there are sharp divisions among members when it comes to future policy. On a broad level, the most recent rate reduction comes amidst a global trend of cutting interest rates.
Read MoreFintech for Actual Silos
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Anyone who has worked in, around, or even on the periphery of financial services and financial technology has no doubt heard the word “silos” an almost-puke-inducing amount of times. But this time we’re talking about the vertical, cylindrical storehouses farmers use.
Read MoreHas AI in Lending Intensified?
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You hear a lot about possible uses for artificial intelligence in financial services, but we’re still in the nascent stages of adoption. One area where we’ve started to see AI deployed is in lending.
Read MoreThe Streaming Wars Intensify
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The early days of streaming services were a godsend for the vast majority of consumers who had grown tired of cable. Fast forward, and now it seems every media company in the world is launching a subscription service.
Read MoreInsureTech Connect 2019 Reminded Us Why Insurtech is Hot These Days
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As many of our readers may be aware, The FR is a regular on the industry conference circuit. Last week we attended one of our favorite conferences, InsureTech Connect, in beautiful Las Vegas.
Read MoreU.S. Lags in Green Finance
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New York may rank number one in the world as a competitive financial center, but it’s 41st in “green finance.”
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Alexa at a Crossroads
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Amazon’s Alexa-powered Echo devices are getting to a point of ubiquity. Walk into any home in America and there’s a good chance you’ll see an Amazon Echo device inside. And this doesn’t go for just tech-savvy millennials; this FR writer has an 85-year-old aunt who happily asks Alexa to turn on her favorite radio station to listen to some Al Jolson.
Read MoreThe Great RIA Acquire-Fest
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The number of RIA firms is exploding. Organic growth is playing a role, but M&A is an even larger contributor to this trend.
Read MoreReal-Time Payments Are Going Global. Will Profits Follow?
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One of the announcements out of Sibos in London this week is a report on payments. Real-time payments are quickly becoming the norm around the world, with the most activity in the Asia-Pacific region.
Read MoreDigital Assets Move a Step Closer to Mainstream with Insured Custody
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A Canadian firm has launched insurance against theft and collusion for digital assets in custody.
Read MoreSmall Business Banking Has Been Left Behind in the Digital Revolution
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Real-time payments present an opportunity for banks to pursue small- and medium-sized businesses, before fintechs edge them out.
Read MoreTech to Control Your Mind
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The idea of Facebook-owned technology controlling your mind probably won’t appeal to many people. Let’s see how this one develops.
Read MoreToo Little, Too Late?
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Perhaps no social media company has come under more scrutiny for lack of oversight as to the content users post than Facebook, which this week announced the suspension of “tens of thousands” of apps connected to the Cambridge Analytica scandal.
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