June 2020
22Jun

Lawmakers Offer Help to Japanese Banks Battling Fintech Firms

Japanese ruling-party lawmakers are looking to make it easier for banks to expand into different industries, a step that could help traditional lenders push back against tech rivals. The Liberal Democratic Party’s financial policy research panel wants to amend the banking law next year to relax limits on lenders’ lines of business as well as their investments in non-financial firms. The proposal, released last week, didn’t specify which areas banks might be allowed to enter. Japan’s government has been...

June 22, 2020
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05Jun

Silicon Valley Stories: A sampler of startups, stories, and lessons learned

By Adam Beguelin People think that joining a startup is a surefire way to get rich. The odds are against you, but it does happen. Silicon Valley Stories: A sampler of startups, stories, and lessons learned is about the hits and the misses. It’s about how people handle life in the start-up world. It includes true accounts from inside Inktomi, AOL, Truveo, and a handful of other Silicon Valley startups. As a tenured member of start-up culture, Beguelin...

June 5, 2020
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May 2020

28May

Bitwage and Gemini Partner to Launch Bitcoin-Based Retirement Plan for Employees

Cryptocurrency payroll service Bitwage has announced the launch of a Bitcoin 401 (k) plan, allowing companies to give their employees a BTC-based retirement plan. In a press statement, Bitwage, which claims to have tested the product on its own employees for 10 months, said workers now have the ability to invest their pre-tax and post-tax dollars in BTC, through their employer. A 401(k) is a retirement plan that allows employees of a company to save and invest for retirement...

May 28, 2020
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27May

The Future Of Fintech: The New Normal After The Covid-19 Crisis

OBSERVATIONS FROM THE FINTECH SNARK TANK The “new normal” in banking and fintech is best understood by starting with a look back at what the “old normal” was. The Old Normal: Fintech Fetishism The Oxford dictionary defines fetishism as “worship of an inanimate object for its supposed magical powers.” That’s a good term for how many people have thought—and still think—of fintech. There’s a misguided notion held by many that fintech startups are somehow more ethical than legacy banks,...

May 27, 2020
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13May

COVID-19 Economy: Why Nigeria must develop digital economy, increase national savings

Foreign Investment Network (FIN) has listed a number of economic strategies Nigeria and other African countries could adopt, to avert the economic effects of the COVID-19 pandemic. FIN is a United Kingdom-based company driving foreign direct investment, FDI for Africa and other developing economies. Read also Tesla’s Newest Board Member Talks About Changing The World Through Japan’s $1.5 Trillion Pension Fund The group, in a video conference programme it organised, themed: COVID-19 and The Economic Threat: How Africa can overcome...

May 13, 2020
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07May

Four Clues To The Future Of Financial Services Firms And Fintech

As I write this, I can’t help thinking about what my ‘new normal’ looks like. The less than perfect moments involve me turning around and yelling at the dog to stop barking at the rare person who goes past our front door; he is both interrupter and sometimes star of my client video conferences. Obviously, my request is futile. According to a canine expert friend, my yelling sounds to the dog like a joyous bark and therefore encourages...

May 7, 2020
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07May

Four Clues To The Future Of Financial Services Firms And Fintech

As I write this, I can’t help thinking about what my ‘new normal’ looks like. The less than perfect moments involve me turning around and yelling at the dog to stop barking at the rare person who goes past our front door; he is both interrupter and sometimes star of my client video conferences. Obviously, my request is futile. According to a canine expert friend, my yelling sounds to the dog like a joyous bark and therefore encourages more...

May 7, 2020
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04May

Before And After: FinTech vs. Healthcare Covid-19 Crisis Series

By Stephanie MacConnell for Forbes This is the first in a series of articles comparing the Covid-19 crisis in Healthcare to the financial crisis in 2008 that led to an industry-shaping boom in FinTech. The world before the 2008 financial crisis looked different. Most interaction with a person’s financial institution happened inside of a physical branch and most services for an individual were provided by one bank and perhaps one wealth manager. When banks crumbled and the 401ks of average Americans...

May 4, 2020
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04May

Before And After: FinTech vs. Healthcare Covid-19 Crisis Series

By Stephanie MacConnell for Forbes This is the first in a series of articles comparing the Covid-19 crisis in Healthcare to the financial crisis in 2008 that led to an industry-shaping boom in FinTech. The world before the 2008 financial crisis looked different. Most interaction with a person’s financial institution happened inside of a physical branch and most services for an individual were provided by one bank and perhaps one wealth manager. When banks crumbled and the 401ks of average Americans...

May 4, 2020
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01May

Behind the Idea: SmartPension

The auto-enrolment pension provider Smart Pension, today announced a new partnership with London-based FinTech DueDil, enabling Smart to deliver its market-leading platform as a service model. The company is known for playing its part in transforming the pension sector through cloud-based technology. It has allowed Smart to quickly adapt to suit the government’s response to COVID-19 including employer support for ongoing contributions. Darren Philp is the Director of Policy and Communications at Smart Pension and Sam Barton is the...

May 1, 2020
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