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It looks like Christine Lagarde, the President of the European Central Bank, has lost her sleep and is having nightmares over crypto. On a recent episode of the Dutch television show “College Tour,” when speaking about cryptocurrencies Lagarde said that “my very humble assessment is that it’s worth nothing”, and continued “it’s based on nothing, […]
The post Crypto assets are worth nothing… and then she woke up appeared first on Daily Fintech.
HSBC suspends banker over Nutjob climate change comments Stuart Kirk certainly made some injudicious comments about climate change but why suspend him when what he said was common sense. I am not a climate change zealot but that does not mean that I don’t believe in climate change. I just have faith that […]
The post Alt Lending Week ended 27th May 2022 appeared first on Daily Fintech.
Accountancy Europe on assurance of EU ESG disclosures Accountancy Europe has released an interesting discussion paper on sustainability assurance under the proposed Corporate Sustainability Reporting Directive (CSRD). The CSRD introduces an EU-wide requirement for limited assurance on sustainability information, with the end goal to move to reasonable assurance in the longer term. Assurance is one […]
The post XBRL News about sustainability disclosures and ESEF appeared first on Daily Fintech.
Investors are sharpening their focus on digital marketplaces that generate business for incumbent carriers. Building a successful marketplace in insurance is far from trivial – significant friction exists, and a critical mass is needed for the network effects to be valuable to participants. On the one hand, owning the customer relationship is crucial. On the […]
The post Digital Distribution On New-Age Insurance Exchanges appeared first on Daily Fintech.
Here is our pick of the 3 most important Stablecoin news stories during the week. Here come the Regulators! After the failure in recent weeks of an Algo stablecoin (Terra) the Regulators have now got some red meat to stick their teeth into and propose sweeping regulations of the entire industry and this week they pounced. […]
The post Stablecoin News for the week ending Wednesday 25th May. appeared first on Daily Fintech.
Quick recap; the Salvadoran Colon currency failed due to inflation, then they switched to the US Dollar and then they added Bitcoin as legal tender in 2021. El Salvador’s new Bitcoin law requires every trader who is technically able to do so to accept the cryptocurrency. People are also able to pay their taxes in […]
The post Part 4. Bitcoin is working for the people of El Salvador appeared first on Daily Fintech.
Coinbase’s first-quarter earnings report showed a $430 million loss in revenue and a 19% drop in users, going from 11.4 million to 9.2 million MTUs – monthly transacting users. It also showed that in 2021 subscription and services revenue grew by 10x over 2020, generating $500 million ($200 million in Q4) representing 7% of the […]
The post A subscription model for crypto appeared first on Daily Fintech.
This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives. This will be the last This Week in Fintech post. I am doing this so that I can devote more of my time to growing Daily Fintech as a business – watch this space for a number of new […]
The post This Week in Fintech ending 20 May 2022 appeared first on Daily Fintech.
Are we headed for another Eurozone bond melt down ? Don’t say it too loudly but history looks like it is repeating itself. Yields on Italian bonds are climbing and the differential between Italian and German sovereign debt are widening. Heard it all before? Of course you have because the root causes have […]
The post Alt Lending Week ending 20 May 2022 appeared first on Daily Fintech.
Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Disclosure management market business overview The global disclosure management market is anticipated to grow at a significant CAGR of 16.1% during the forecast period (2022-2028). By automating the process of creating […]
The post XBRL News about disclosures appeared first on Daily Fintech.