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Rock Holdings Buys Canadian Mortgage Tech Startup Lendesk
FinTech
Quicken Loans parent company Rock Holdings has taken a majority stake in Canadian fintech mortgage company Lendesk. The merger will combine the technology of Lendesk, which helps connect mortgage brokers with leading lenders, and Quicken Loans, the largest American mortgage lender. Read more at Benzinga. Photo: uberof202 ff
Panel on Hong Kong's Regulatory Environment - Hong Kong Blockchain Week 2019
In this Hong Kong Blockchain Week panel, Deloitte’s Lapman Lee examines Hong Kong’s regulatory landscape with SFC’s Clara Chiu, HKMA’s Wilson Pang, and Binnersley & Associates’ Kristi Swartz. They dive into the former colony’s regulatory approach, its sandbox application process, and the benefits of virtual banking, among others. Check it out:
JP Morgan Sets Its Sights on Payments
Seeking to ward off upstarts like TransferWise and Ripple, American investment banking giant JP Morgan is expanding its blockchain project onto the payments scene. J.P. Morgan’s Interbank Information Network (IIN), which was originally designed to tackle compliance issues, will be expanded to “help smooth the banking industry’s payment system,” the Financial Times reports. “The initial use case was around sanctions screening,”
Panel on Practical Insights for the Successful Launch of STOs - Hong Kong Blockchain Week 2019
In this Hong Kong Blockchain Week panel, Coinstreet Partners’ Samson Lee chats with Securitize’s Jacqueline Kwok, Ledger’s Benjamin Soong, BMI’s Lowell Lo, and STO Global-X’s Floyd D’Costa about one of the hottest topics of the industry: STOs. Find out what it is, why everyone’s talking about it, and more importantly, how to launch a successful one, here:
Security Tokens More Like Stocks Than You Realize?
Cryptocurrencies may not be your favorite asset, but you’ve definitely heard of them. It often gets very confusing as to what these coins actually are, how they operate, and how can people produce them and sell them for such high prices. Furthermore, how can a Stock trader find it extremely convenient to switch to cryptocurrencies, should he or she decide
CoinMarketCap Launches New Apps
After teasing them for a week, CoinMarketCap, the world’s most popular crypto data site, announced the launch of two new apps. The two new apps are their first-ever Android app and a revamped version of their iOS app. They reportedly feature a “full experience” and incorporate elements not included in the main website, such as portfolio tracking, candlestick charts, side-by-side
Nexyst: Bridging Traditional Finance and Digital Asset Management
From the creation of JP Coin to the launch of Fidelity Digital Asset Service, the digital assets market seems to be getting ready for large-scale cash infusions from big institutions. Traditional players, however, are struggling to overcome challenges in investing in this new asset class. To facilitate a smooth transmission from traditional investment to digital asset investment, Nexyst is building
YieldStreet Acquires Athena Art Finance From Carlyle Group, Co-Investors
Digital wealth management platform YieldStreet announced the acquisition Wednesday of Athena Art Finance from the Carlyle Group CG in a $170-million deal. What Happened Athena provides art dealers, art galleries and collectors access to tailored financing alternatives that are secured by fine art, according to YieldStreet. The company has originated more than $225 million in loans since the business started in
Hong Kong Mulls Additional Incentives for Angel Investors
Hong Kong’s start-up scene has been on a tear lately, and it looks like it may get another boost sometime soon. According to the SCMP, Financial Secretary Paul Chan Mo-po recently blogged that the Hong Kong government is considering additional incentives for angel investors. Chan said that angel investors – who mainly operate outside the city – are “important to
Tim Draper Meeting With Facebook To Discuss Cryptocurrency Investment
Tim Draper, venture capitalist and founder of Draper Associates, is reportedly meeting with Facebook, Inc. FB 0.9% to discuss Facebook’s interest in creating its own cryptocurrency. According to BitcoinExchangeGuide, Draper is meeting with Facebook to determine whether or not an investment in Facebook Coin “is a good fit” for Draper Associates. Facebook Coin Facebook is reportedly seeking $1 billion in