banking

Tencent Beats Alibaba to Banking License

Earlier reports of e-commerce leader Alibaba’s strong political ties appear to be overstated, following word that archrival Tencent has become the first of China’s major Internet firms to win a highly sought banking license. Both...

Paranoia Muddies Media’s View of Bitcoin’s Potential

European financial regulators just took a positive step to engage directly with the disruptive effects of the growing cryptocurrency ecosystem, but you might not have realized that. The European Banking Authority (EBA) watchdog agency issued...

Lenddo’s Borrowers in Mexico and The Philippines Get Credit Via Facebook

Jeff Stewart believes he can figure out if you will repay your debts by studying who you know and what they say about you. For him, it's better than a credit score. Stewart is CEO...

Could Mobile Banking Apps Help You Spend Less?

With the holiday season behind us, you might be among the many Americans looking at their checking and credit card statements wondering just where their money went in December, or possibly even all of 2013....

Cyberthreats to Bank Accounts on the Rise

On the same day that news broke that 40 million customer account records were stolen from retail giant Target, the regulator of the nation’s largest financial institutions warned that customers’ financial information is increasingly under...

Why Disruptive Change Points to a New Humanism in Banking

Value is being redefined, and many are rethinking what constitutes real wealth and well-being, beyond money and GDP. We have to rethink how we measure wealth. Robert Kennedy said: “GDP measures everything ... except that...

Agile London Startups Give Banks a Run for Their Money

Refugees from London's financial sector are flocking to the the city's burgeoning startup scene, launching lean, Web-based companies that capitalize on public mistrust of banking institutions, and use tech tools to trim costs and improve...

Do Corporations Stoke Innovation or Smother It?

This election season has predictably amplified the argument that taxation and regulation suffocate growth and innovation. But Pulitzer Prize-winning journalist David Cay Johnston argues an opposing theory: that "corporate socialism" stifles innovation, and that the...

The Sector-Based Approach to Impact Investing

Want to change the world, or at least an industry? To spark and nurture social change, impact investors need to focus on whole sectors rather than individual firms, writes Omidyar Network in a recent report....

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