Fintech is not immune from the macro environment and unless you live in blissful ignorance of the markets, you will have noticed some macro turbulence. High inflation leads to higher rates which is bad news for anybody with a variable rate mortgage but good news for banks who make their money from lending. It is […]
The post Fintech Macro Part 1 Rising rates is good for banks & bad for early stage Fintech appeared first on Daily Fintech.
Russia launched an all-out attack on Ukraine this Thursday, changing the face of Europe forever. Since every day is marked with new sanctions against Russia, the latest was on Saturday when key Russian banks were banned from the Swift financial system. The ban from Swift is sometimes called “the nuclear option,” and would curtail Russian […]
The post Will crypto help Russia get around sanctions and Swift ban? No! appeared first on Daily Fintech.
This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives. Monday Ilias Hatzis our Greece-based crypto entrepreneur (Founder & CEO at Kryptonio, a “keyless” non-custodial bitcoin and cryptocurrency wallet, that lets users manage bitcoin and crypto without private keys or passwords.) @iliashatzis wrote Laundering crypto is not a […]
The post This Week in Fintech ending 25 February 2022 appeared first on Daily Fintech.
More Scandal from Credit Suisse For poor Credit Suisse it seems that it never just rains but is a continual and extremely heavy downpour. This time it is an information leak published in both the Guardian and the New York Times which shines a light on some of less than squeaky clean clients. On […]
The post Alt Lending week ending 25th February 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 Regtech: what it is and why it matters Over the last two decades, financial institutions have been subject to an array of new regulatory requirements, requiring firms to measure financial risk […]
The post XBRL News about regtech, Workiva and sustainability appeared first on Daily Fintech.
In 2019, Saudi Arabian Oil Co (Aramco) launched the world’s biggest Initial Public Offering (IPO). This enabled the Saudi government to raise $25.6 billion while diluting just 1.5% stake, at a valuation of $1.7 trillion. Soon, the Indian government plans to divest 5% equity for $8.7 billion in the insurance giant Life Insurance Corporation (LIC). […]
The post Life Insurance Corporation’s Initial Public Listing Is India’s Largest Ever appeared first on Daily Fintech.
Here is our pick of the 3 most important Stablecoin news stories during the week. In an unstable world, Stablecoin market growth continues as Crypto goes sideways. With Russia menacing Ukraine and the world potentially facing the largest conflict since World War 2, our small sector of stablecoins is growing and working as intended, stable! Cryptocurrencies, […]
The post Stablecoin News for the week ending Wednesday 23rd February. appeared first on Daily Fintech.
Inevitable does not mean imminent. It is inevitable that the decentralized Web3 will replace the centralized Web2, but nobody knows when this will happen – it is not imminent. Amaras law is still true; I have deep conviction on direction of travel, but I have no idea on the speed of travel. To trade successfully […]
The post Web3 Part 4 Hype waves go through a lot of turbulence appeared first on Daily Fintech.
Crypto crimes are on the rise. Last year, scammers took home a record $14 billion in cryptocurrency. Criminals laundered $8.6 billion worth of cryptocurrency in 2021, up by 30% from the previous year, based on a report by Chainalysis. On February 8, the Justice Department announced that it seized more than $3.6 billion in stolen […]
The post Laundering crypto is not a walk in the park appeared first on Daily Fintech.
This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives. Monday Ilias Hatzis our Greece-based crypto entrepreneur (Founder & CEO at Kryptonio a “keyless” non-custodial bitcoin and cryptocurrency wallet, that lets users manage bitcoin and crypto, without private keys or passwords and Weekly Columnist at Daily Fintech) @iliashatzis […]
The post This Week in Fintech ending 18 February 2022 appeared first on Daily Fintech.