Category Archives: Uncategorized

xxx Peer-to-peer business lending retained the top spot, with £2 billion in transaction volume in 2017 and 65% year-on-year growth, estimated to be equivalent of 29.2% of all new bank loans to small businesses in 2017. That’s nearly double the 15.3% figure in 2016. From Alternative finance platforms report stellar growth. xxx

xxx “If you are going to move to a more open data-connected world, which we clearly are – open banking being the start, but we’re going to see it across, and technology’s going to create that – you have to solve the problem of digital identity,” From Westpac’s Dave Curran warns of “trust gap” hoveringContinue reading “Westpac’s Dave Curran warns of “trust gap” hovering over digital identity, open banking – Finance – Strategy – Cloud – iTnews”

xxx First, data and intellectual-property regimes should be used to fuel innovation, not protect incumbents. That means liberating individual users of tech services to take their information elsewhere. It also entails requiring big platforms to license anonymised bulk data to rivals. Patents should be rarer, shorter and easier to challenge in court. From The nextContinue reading “The next capitalist revolution – Competition”

xxx The term “money laundering” was never more appropriate than this week, when Dutch police found around $400,000 stuffed inside the drum of a washing machine. From Man suspected of money laundering after $400,000 found in washing machine – CNN. xxx

xxx IndusInbank has launched an interactive credit card with push button controls for customers to choose their preferred mode of payment at the checkout. From IndusIndbank introduces push button credit card. xxx

xxx Neos Ventures uses smart technology that enables its customers to use connected devices to monitor and protect their homes. The company combines connected home devices like cameras and sensor technology with home insurance. From Aviva to buy majority stake in smart technology insurance provider Neos. xxx

xxx China’s plan to judge each of its 1.3 billion people based on their social behavior is moving a step closer to reality, with Beijing set to adopt a lifelong points program by 2021 that assigns personalized ratings for each resident. The capital city will pool data from several departments to reward and punish someContinue reading “Beijing to Judge Every Resident Based on Behavior by End of 2020 – Bloomberg”

 Xxx novocain xxx Let’s begin by recapitulating the elements of the problem space. If I show up at the local practice in response to their dentist wanted ad on indeed.com there are three domains to consider. In the authorisation domain, I must present the appropriate qualification and the practice must be able to validate it.Continue reading “Dentists, blockchains, novocain”

xxx And this was exposed when the Supreme Court of India announced their recent verdict last week in which they struck down Section 57 of the Aadhaar Act, meaning that the private companies and individuals could not avail Aadhaar data to provide consumer services… The verdict has sent waves in the Indian FinTech community, as manyContinue reading “The Aadhaar Verdict – Learnings and Takeaways for Indian FinTechs”

xxx For the financial industry, open banking is bigger than the internet and mobile, because while those technologies changed the edges, they weren’t able to meaningfully touch the core of banking and financial services with any magnitude. From Open Banking: A Wave Bigger Than The Internet And Mobile. You know, this is a reasonable point.Continue reading “Open Banking: A Wave Bigger Than The Internet And Mobile”