IBM talks blockchain for banking, the ICBA talks its fight against FinTech loan charters, and China’s central bank concerned over corporate debt.
| | | | BUSINESS TO BUSINESS EDITION | | What's Fueling Innovators' Global B2B Payments Focus
With cross-border payments expected to hit $2.2 trillion by 2020, it's no wonder FinTech innovators are flocking to the space. A less discussed but quickly-growing focus for many of these firms is the global B2B payments arena. PYMNTS.com's latest X-Border Receivables Report dives into the latest developments, solutions and research that all points to one trend: Investment in global B2B payments technology isn't slowing down anytime soon.
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| London Is Still Top FinTech Dog â And The Industry Wants It To Stay That Way
Despite the panic over Brexit, London is still the world's top dog in FinTech. The latest research from Early Metrics says that reign will continue â yes, even after London exits the European Union. But the report surfaces soon after separate analysis from The City of London and KPMG raise their own concerns about London's FinTech future â and call on the government to take proactive measures against any threat to London's position in the industry ... and the billions of dollars it feeds into the U.K. economy.
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| | Banking | | Why The ICBA Doesnât Want Square To Be A Bank
The ICBA doesnât want Square to be a bank. They didnât want SoFi to become one either. But why? Nothing personal, says ICBA EVP and Senior Regulatory Counsel Christopher Cole, who thinks community banks can do it better, and with less risk. Read More... |
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