Is there no compassion left. Quite a sad little story really. With the best of intentions fintech fledgling Revolut, itself founded by a Russian and a Ukranian was offering introduction fees of up to £ 250 for introducing Ukranian citizens, fleeing Putin’s madness, to their services. In typical entrepreneurial fashion Revolut saw a requirement in…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Turkey provides XBRL-driven data analytics In 2020, the highly innovative Central Securities Depository of Turkey (Merkezi Kayıt Kuruluşu, MKK) launched a new value-added data service – the Data Analysis Platform, or…
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The merits of well-executed personalization are legion. Financial institutions (FI) can potentially generate up to $300 million in revenue, for every $100 billion in assets under management by interacting with customers in hyper-personalized ways. The reality is that many providers have struggled to deliver the tailormade experiences those customers expect. In banking, for instance, nearly…
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Here is our pick of the 3 most important Stablecoin news stories during the week. Stablecoins are here to stay! Stablecoins are now the backbone of the Crypto ecosystem with the current Tether market cap: $83 billion. In early 2017 when it was $15 million, people laughed, then at $100million, $1billion & $10billion. Now it’s $80…
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We first wrote about Silvergate Bank when they announced their pre IPO round by the Witter Family Office (not by the usual VC Funds). The Witter name should ring a bell with finance folks as the money came from Mr. Dean Witter and the firm that bears his name (part of Morgan Stanley since 1997).…
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At the end of March, Vitalik Buterin in an interview with Time Magazine specifically voiced his concerns about the market’s large amount of Ponzi-scheme Defi and NFT protocols and how they’ve hijacked the Ethereum platform and have driven fees sky high. People’s interest in crypto has skyrocketed among investors and in popular culture, thanks to…
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This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives. Monday Ilias Hatzis our Greece-based crypto entrepreneur (Founder & CEO at Kryptonio a “keyless” non-custodial bitcoin and cryptocurrency wallet, that lets users manage bitcoin and crypto, without private keys or passwords and Weekly Columnist at Daily Fintech) @iliashatzis…
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“doom loop” of debt risks defaults, says IMF The IMF is worried about the risk of defaults in emerging markets as well it should do. One of the legacies of COVID is that emerging market’s debt has risen to 67% of GDP, low by Western standards but still an increase of a not insignificant 15%…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 New SEC rules for security-based swap execution facilities The US Securities and Exchange Commission (SEC) proposes to create a regime for the registration and regulation of security-based swap execution facilities (SBSEFs).…
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Be it the Ever Given episode in the Suez Canal or the 100+ ships waiting off LA/Long Beach or fears that the supply chain crisis would perturb Christmas, shipping has seldom been so much in the public eye. Maritime tech has seen unprecedented activity over the past year, with a surge in deals. Start-ups received…
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