XBRL News from China, Switzerland and elsewhere

Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  Chinese Central Bank releases 22-25 fintech development plan PBOC recently issued the “Fintech Development Plan (2022 – 2025)” (金融科技发展规划(2022-2025年)), which “proposes guidance opinions for the development of fintech in a new […]

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The Connected Car Data Monetization Landscape

Car manufacturers generate revenue through vehicle sales and post-sale services. As newer business models such as mobility-as-a-service and vehicle-as-a-platform evolve, additional revenue streams are emerging. Whereas conventional businesses generate nearly 90% of revenue, over the next decade, this share is expected to shrink to about 70%. Vehicle-as-a-platform is relatively new with a below 1% share […]

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Stablecoin News for the week ending Wednesday 19th January.

To CBDC or not, that is the question! Here is our pick of the 3 most important Stablecoin news stories during the week. This week we saw arguments for and against the implementation by Central Banks of a state backed stablecoin or CBDC.   Firstly, the BIS published a study on the rise and power of digital […]

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Part 3: Equities birth certificates to get people onto the 1st rung of the wealth creation ladder. 

People often talk about getting onto the property ladder, but property is only one type of asset used for wealth creation. Equities is the primary asset used by the wealthy. Imagine somebody born into a poor family who on her/his 21st birthday receives a certificate that in real inflation adjusted terms represents more money than […]

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Jack Dorsey wants to keep the force in bitcoin decentralized

Jack Dorsey, CEO of Block (formerly Square), has been a consistent advocate of bitcoin. Dorsey both personally and professionally has supported bitcoin for years. In 2018, he said that bitcoin will eventually become the world’s single currency. In 2020, Square purchased about $50 million worth of bitcoin. In early 2021, Square bought another $170 million […]

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This Week in Fintech ending 14 January 2021

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 […]

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XBRL News about case studies, structured data and Oman

Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  A broader and deeper use of structured data CFA Institute recently co-sponsored the XBRL Investor Forum 2021: Data That Delivers. SEC Commissioner Caroline Crenshaw gave a keynote speech outlining the extensive […]

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AIG200: $1.3 Bn in digitalization to regain past glory

During the financial crisis, American International Group (AIG) could only be saved by a government bailout. Since then, the prevailing sentiment has been that even without the crisis, AIG would have destroyed substantial value notwithstanding credit default swaps, largely on account of recurring material issues in its core operations. A decade after the crisis, AIG […]

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Stablecoin News for the week ending Wednesday 12th January.

Here is our pick of the 3 most important Stablecoin news stories during the week. This week was very much about the ongoing balancing act between regulation and innovation. First, the major VC firm Andreesen Horowitz called for a careful “Do no harm” approach to regulation.  “Everyone’s got a different idea of how crypto regulations should […]

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