Le Tien Thanh

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China's Fintech Party Crasher

It looks like China's central bank chief just rained on Alibaba's banking parade.<p>The People's Bank of China plans to study shadow-banking activities …

Deloitte unveils plan to build blockchain-based digital bank

<i>Deloitte and ConsenSys Enterprise have announced the formation of a partnership, aimed at strengthening their respective blockchain proposition to</i> …

Wells Fargo Launches Real-Time P2P Payments

Share Email<p>Starting Aug. 1, Wells Fargo will be bringing its 17 million+ mobile banking customers real-time P2P payments, thanks to Early Warning’s …

Soros in huge bet against Deutsche Bank

Bank shares have been hit hard since the UK's Brexit referendum. Two hedge funds homed in on Germany's Deutsche Bank - betting huge sums of money on …

UK challenger banks queuing up at the gate

SHARE ON<p>The UK challenger bank market shows no sign of slowing down. There are currently 20 new entrants looking to gain a licence to launch in …

The way ahead for fintech start-ups

<b>Bengaluru:</b> Indian financial technology start-ups have a long way to go before catching the fancy of venture capital firms, which have become cautious …

US fintech pioneer’s start-up in Kenya

Many entrepreneurs can point to a person who gave them the idea for starting their business. Shivani Siroya has 4,500 such individuals.<p>These are the …

Ripple goes after Swift; talks up multi-sign

06 July 2016 | 14389 views | 0<p>Ripple is looking to capitalise on the recent spate of successful bank heists from institutions connected to the global …

FinTech

8 Startups Changing How Payments Work

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Back in the day, making a payment as a business or a consumer was pretty straight-forward. You could pay by cash or check. Then came credit cards followed by debit cards. While these all worked, they tended to be paper-intensive processes …

Robinhood Ditches 3-Day Wait, Fronts New Users $1000 To Buy Stocks

The most annoying part of zero-fee stock trading app Robinhood was that when you signed up, there was a 3-day delay before money you deposited appeared in your account.<p>Luckily, today the startup is solving this by embracing a slightly higher risk of fraud with the launch of Robinhood Instant. It …

Online lender SoFi starts hedge fund to invest in its loans

Social Finance Inc., a rapidly growing online lender, is hoping to stoke investor demand for the debt it originates by starting a hedge fund that will buy its own loans — and potentially those of its competitors.<p>In recent weeks, the company established the SoFi Credit Opportunities Fund and raised …

Barclays becomes the first big UK bank to back a digital currency firm

In what Britain's Treasury called a "major milestone" in its push to make the UK the world's capital for financial technology, or fintech, Circle was granted an e-money license by the Financial Conduct Authority, the UK watchdog - another first for a digital currency company.<p>The Boston-based …

Are Bank-Blockchain Partnerships Putting the Cart Before the Horse?

With so much interest in blockchain applications for financial services, there seem to be a lot of announcements of proof-of-concept trials at banks, …

Money Transfer Company Azimo Pulls in $15 Million in Strategic Funds from Rakuten

Digital money-transfer network <b>Azimo</b> added $15 million to its $25 million in VC funds today, bringing the London-based company’s total to around $40 …

The mercurial nature of P2P lending

The meteoric rise of e-lending platforms attracted a lot of interest among investors and entrepreneurs. Lending Club and OnDeck have already become public companies, and their competitors, such as Funding Circle, SoFi, Prosper, RateSetter, Zopa, Avant, Kabbage and others continue to develop and …

Mobile language apps help millions learn less, more often | Reuters

FRANKFURT (Reuters) - Smartphone apps that help people learn languages for free or nearly free, a few sentences at a time, are piling pressure on established education firms and setting the pace for how to make lessons more engaging.<p>Phone and tablet-based mobile products from newcomers like …

Boku brings its carrier-billing technology to Google Play

Mobile payments platform Boku is launching its carrier-billing technology on Google Play, letting anyone buy games and apps without the need for a bank card to complete the purchase. The technology is rolling out slowly and will only be available in Saudi Arabia at first, however.<p>Boku has inked a …

Collison brothers' Stripe invests US$3m in new cryptocurrency Stellar - Start-ups | siliconrepublic.com - Ireland's Technology News Service

Patrick and John Collison’s e-payments company Stripe has invested US$3m in the launch of a new bitcoin-like currency called Stellar, as well as a …

Education Company Renaissance Learning Raises $40 Million From Google Capital | Inc.com

Silicon Valley treasures its shiny, new startups. They're the ones who typically get all the adoration, the attention... and the cash.<p>Renaissance Learning is not one such company. And yet, on Wednesday, this Wisconsin Rapids-based education technology business, which was founded way back in 1985, …

The Key to Making New Year’s Resolutions Stick

This time every year, millions of people across the globe commit themselves to the pursuit of virtuous goals, such as losing weight, being a more understanding boss or partner, obtaining a better education, eating more healthfully, and saving money. But when are such reflection exercises effective? …