China Moves Toward a National Digital Currency
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China this week took the next step in creating its long-discussed national digital currency.
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Fintech News Stories
WeWork Rise and Fall Offers Lesson for Investors
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The stunning rise and fall of WeWork that has played out over the course of this year seemed to end with a whimper this week.
Read MoreTech Companies Cutting Off Nose to Spite Face
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Giant tech companies just love to make it so their customers stay within their product “ecosystem” for as long as possible. The latest complaints come from homebuilders.
Read MoreA Major Shift for Libra
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One of the major benefits of cryptocurrency, many of its proponents say, is that it is not linked to any fiat currency or controlled by any central bank. Facebook’s Libra was meant to function in much the same spirit, but the proposed cryptocurrency is walking back a bit on some of its original intent.
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4 Essential Trends in Money for Your Business
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Whether you are a marketer in shining armor conquering new territory, a financial wizard casting spells upon the balance sheet, or the queen or king guiding the whole enterprise, there are four trends about money and finance that you should keep in mind for your business.
Read MoreRevolut’s Big Move
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The rise of so-called “challenger banks” in the U.K. and Europe in recent years has revolutionized financial services in those areas. They’ve attracted millions of customers and forced traditional banks to embrace digital innovation in new ways.
Read MoreThoma Bravo’s Latest Splash
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Private equity firm Thoma Bravo made another splashy — and large — tech investment this week when it announced it’s acquiring U.K. cybersecurity firm Sophos for $3.8 billion.
Read MoreMedicine Goes Virtual
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From fintech to insurtech, proptech to wealthtech, and beyond, digital innovation is changing the way services are delivered. You can add healthcare to that list as well.
Read MoreWhat’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.
Read MoreSnip, 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.
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