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News (261)

Encryption Study Shows Mexico Warming to Fintech Adoption

A new study published by the Ponemon Institute found 40% of the companies it surveyed in Mexico were interested adopting cryptocurrency and blockchain in some capacity. So reports Cointelegraph.

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CoinFlip CEO: World’s Next Biz Behemoth Will Be Blockchain-based Firm from Asia

The next “Apple or Amazon” will be an Asia-based blockchain company, prognosticates CoinFlip CEO Ben Weiss. So reports Markets Insider.

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JPMorgan Chase Launches New Fintech Payments, Checking Service

JPMorgan Chase & Co., the largest bank in the U.S., is launching a “fast-funding fintech service” paired with a checking account that will put it in competition with companies like PayPal and Square. So reports CNBC.

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Italian Banking Association: 42 Banks Added to Blockchain Network

The Italian Banking Association announced the addition of 42 banks to the nation’s blockchain network, raising the total to close to 100. So reports Coindesk.

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Fintechs Rally as Bank Stocks Flounder: Jim Cramer

Financial analyst Jim Cramer said fintech stocks are benefitting from dips in banks like Citigroup and JPMorgan. So reports CNBC.

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BRD Expects to Hit 10 Million Users Worldwide By Early 2021

Cryptocurrency wallet BRD hit six million users and is expecting to top 10 million worldwide customers by 2021. So reports Tech Crunch.

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Nexi-SIA Merger to Create Monster Italian Payments Firm

Italy's Nexi made a deal with rival SIA to create a new digital payments “behemoth” with a market cap of almost US$18 billion. So reports Cointelegraph.

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7th Annual Accenture Fintech Lab Set with 10 New APAC Participants

Ten top fintechs have been chosen to participate in the seventh annual FinTech Innovation Lab Asia-Pacific.

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Secondary Market for MOON Emerges As Reddit Creates Exchange

Reddit is giving users the opportunity to spend or, if they so choose, cash out their MOON and BRICK tokens previously used only to manage badges and reputation scores by their Fortnite and cryptocurrency communities. So reports Crypto Briefing.

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Petal’s Latest Round Brings Equity Funding Up to $100M

Credit Card fintech Petal pulled in another $55 million in its latest funding round to nearly double its equity funding to $100 million. So reports Pulse 2.0.

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