Money

Fintech

One of the most important and least-discussed points made in the UK House of Lords report on CBDC was nothing to do with payments or money at all. The report notes that witnesses told the Committee that “a CBDC would need to be attached to a digital identification system",

Aniket Shah joined Jefferies a year ago as Global Head of Environmental, Social and Governance and Sustainable Finance Strategy. Aniket is at the forefront in pursuing the symbiosis between sustainable practice and Wall Street acumen. I spoke with Aniket to find out what he is hoping to accomplish.

In March 2021, an NFT created by Jack Dorsey sold for $2.9 million. Yet in an auction this past week, no one bid more than $280 for it. What happened?

A non-fungible token (NFT) of Twitter founder Jack Dorsey’s first-ever tweet could sell for just under $280. The current owner of the NFT listed it for $48 million last week. The auction closed Wednesday, with just seven offers ranging from 0.0019 ETH ($6 at current prices) to 0.09 ETH ($277).

Financial freedom may once have seemed like an illusory concept, but Generations Z and Alpha are dreaming big in that regard. Coming of age in a post-bitcoin world has that effect. The advances made by their peers meant that these individuals experienced a hyper-connected world from birth.

Shopify is the latest company to propose a stock split this year, following the likes of Tesla, Amazon and Alphabet.

Bloomberg reported that Apple is launching an initiative code-named “Breakout” to bring more financial services capabilities in-house. It needs to do something to jumpstart Apple Card and Apple Pay usage.

When card fraud was spiralling out of control, the industry responded with chip and PIN. What is going to stop all of the new payment frauds? Well, I was so interested to see that Early Warning Services (EWS) have launched Authentify, a new identity verification service for consumers and businesses.

Climate change is driving rapid, unprecedented, and in many cases unpredictable shifts across our planet. Enter climate fintech.

Now Convera, formerly Western Union Business Solutions, is operating as a standalone organization, it is the largest non-bank fintech in B2B payments globally. But how does it see its place in the wider market, and what’s next for the company?

JPMorgan Chase CEO Jamie Dimon's letter to stockholders in the bank’s 2021 annual report provides insights into where the bank's $12 billion technology investment is going—and what it expects to get back from it.

Bolt's Ryan Breslow has boosted the value of his fintech to the moon by promising an Amazon-style checkout to millions of online retailers.

This is the age of the great customer experience. Online shopping has forged ahead, and many in-store retailers are struggling to catch up. Does technology provide the answer? We consider the future of in-store shopping and the point of sale.

Connecting the unconnected and closing the digital divide is perhaps one of the single biggest imperatives that will be solved by catalyzing the private and public sector. World Mobile, the first mobile network built on blockchain, has found a way to make connecting the world commercially viable.

Instead of the cyberwars of science fiction we have the fintech wars involving cryptocurrency exchanges, payment cards and remittance systems. While these battles by themselves may not bring the war to a halt, they will certainly communicate the right messages to smartphone-wielding Muscovites.

“A traditional crypto-based transaction can certainly carry remittance information that would be helpful in updating ERP systems, but we already have ISO 20022 which can be used to carry that information."

For 30 Under 30-founded Modern Treasury, the new partners are part of a bid to enter a new segment of customers.