News > FinTech

A Whole New Dimension of Crypto as Bitcoin Hits Above US$10k
Get ready for a whole new dimension of crypto as bitcoin hits above the US$10K mark. Below comments from Fred Schebesta Co-founder of cryptocurrency broker HiveEx.com and one of the world’s biggest personal finance comparison sites Finder.com: MichaelWuensch / Pixabay “Bitcoin, now at AU$15,029 (US$10,456), hasn’t hit above US$10K for 15 months, since March 6, 2018, (although it came close hitting
NexChange Interview Series: Michael Terpin, Transform Group
This week on the NexChange Interview Series, we join NexChange’s Olga Yaroshevsky on the CoinsBank Blockchain Cruise where she sat down with Transform Group CEO Michael Terpin. The two talk about Terpin’s landmark case against crypto thieves, where he was awarded over $75 million in damages, as well as his recent case versus AT&T. They also discuss the flaws of
What The MoneyGram-Ripple Deal Could Mean For The Cryptocurrency Space
The announcement that Ripple is partnering with MoneyGram International, Inc. MGI 4.38% has been met with a positive reaction as cryptocurrency goes mainstream. The blockchain payment company made an initial investment of $30 million in the money transfer company comprised of common stock and a warrant to purchase common stock. Ripple purchased newly issued common stock from MoneyGram, including the
Lessons From Fintech Applied To Insuretech
Background I’ve seen this story before.  Having worked in fintech since 2005, I witnessed the fintech wave forming, cresting, and eventually crashing into the financial ecosystem.  If there is a fraternal twin to banking, it’s the insurance industry.  Both industries are built on managing risk, capital, compliance, and distribution.  Not everything in fintech will apply to insuretech, but there’s a
From Kyrgyzstan To London: How This CEO Is Trying To Revolutionize Productivity In Financial Services
FinTech, AI
Benzinga's Fintech Focus Podcast features conversations with the biggest names in fintech. Subscribe to the Fintech Focus newsletter to get a roundup of industry news delivered to your inbox weekly, and check out upcoming programming at Benzinga events. How do you communicate with co-workers? Email? Slack? Video conferencing tools like Zoom Video Communications ZM 0.1%? Read more at Benzinga. Photo:
Fintech Analytics: The Top 7 Metrics Every Fintech Company Should Monitor
FinTech
In an incredibly competitive sector, fintech companies collecting big data streams should ask themselves: How do I make sure I’m poised to take advantage of market opportunities the moment they emerge? How do I diagnose and fix incidents before they have time to impact my business? How do I monitor the information I need to stay ahead? Am I monitoring
Facebook Releases Blockchain Powered Libra Currency
Yesterday, Facebook finally revealed details about its highly anticipated Libra currency. Media claims that the new digital coin could take over the way consumers spend their money, although some are concerned about its security. Libra’s whitepaper was unveiled yesterday, while the coin itself will be launched along with its Calibra wallet in 2020. According to The Wall Street Journal, Libra
Fintech Focus Rewind: What Does Venmo's First Investor Think Is Missing In Fintech?
FinTech
The Fintech Focus Rewind is a recurring feature in which we revisit previous episodes of Benzinga's Fintech Focus Podcast. To get the Fintech Focus delivered to your inbox weekly, subscribe to the Fintech Focus newsletter. Don’t forget to check out upcoming programming at Benzinga events. The fintech revolution has changed how we operate our finances, but why are digital platforms
Decentralised Financial Technologies: Entering A New Frontier
Off the back of the Financial Stability Board’s recent report, detailing the financial stability, and regulatory and governance implications of decentralised financial technologies, we have compiled commentary from a diverse range of leading blockchain companies below. They have provided insights on the findings of the report, and what it means for the broader blockchain and crypto landscape. jaydeep_ / Pixabay
Stanley Druckenmiller on Bitcoin: ‘I Don’t Understand Why It’s a Store of Value’
Hedge fund legend Stanley Druckenmiller may have invested in a stablecoin, but that doesn’t mean he wants anything to do with Bitcoin. Following an interview by Scott Bessent, another Soros alum, at the Economic Club of New York, Druckenmiller was asked what he thought about bitcoin, given that it’s – as the questioner put it – one of “the few