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Blockchain Tracker

Banks And The Blockchain Scramble

Blockchain is getting its share of true believers. Among them are banks, traditional FIs and central banks. A series of new projects demonstrates that sanguine embrace — but does the promise outweigh what might be a more pedestrian reality?

Regulation

Cleaver Investigation Denounces Lack Of SMB AltFin Transparency

U.S. Representative Emanuel Cleaver (D-MO) has published the preliminary findings of a probe into small business alternative finance, at a time when lawmakers are considering more regulatory oversight of the market. Use of personal credit scores and forced arbitration clauses are problematic, but the biggest issue, Cleaver's investigation found, is an overall lack of transparency in how FinTechs design their algorithms.

Smart Contracts Take Hold In Equipment Finance

Equipment financing and leasing is about more than big machinery and factory assets. The tool is key to corporates' ability to adopt new technology, says Ralph Petta, president and CEO of the Equipment Leasing and Finance Association. Interestingy, he tells PYMNTS, the EL&F market is at the precipice of its own tech adoption boom, starting with smart contracts.

What's Hot

SWIFT Names Barclay’s Dave Scola North America Head

Microsoft Embeds AI Into New Payroll Solution

UPS Launches Warehouse-On-Demand Platform

Suppliers Wary Of Toys R Us Repeat

NACHA's Payments Innovation Alliance Expands

Best of Yesterday

Putting A Price Tag On The Buyer-Supplier Relationship

FinTech Finds Favor With Visa, Gains Traction In Mexico

Switchfast: SMB Employees Outperform Managers On Cybersecurity