Will Circle Become a Full-Fledged Bank?
Circle's USDC is a huge "stablecoin." It hopes to make USDC essentially a regulated central bank digital currency. But questions are many, including on Circle's bungled Poloniex deal.
Circle's USDC is a huge "stablecoin." It hopes to make USDC essentially a regulated central bank digital currency. But questions are many, including on Circle's bungled Poloniex deal.
Black consumers and Black-owned businesses use fintech companies disproportionately higher than their overall population numbers would predict. Plus, the pay-me-now revolution is here.
21st-century technology makes it all too easy to use partnerships between banks and fintechs to create an end-run around local restrictions.
Fintech companies are not the only players here: Facebook and Google are also attempting to expand their role in payments/currency. And keep an eye on Amazon, Uber and Walmart, too.
Today, banks must interact with their customers 24 hours a day, 7 days a week. Some millennials never even set foot inside a bank branch and only interact with their finances via smartphone. Are new,...
The financial sector is on the brink of an AI revolution. Data is being generated faster than any person or companies’ ability to analyze it. And industries that run on numbers and data are at...
The world is buzzing about fintech and the impending disruption in the banking industry. Smarter technology companies are attempting to give customers quality service and an experience that’s relevant to the world in which they...
Banking faces enormous challenges. Government regulatory initiatives have forced banks to spend billions of dollars to stay in business, while limiting the profits that they can make. Meanwhile, the Internet has spawned numerous companies now...