As the mobility sector continues its digital shift with a variety of vehicle sales platforms expanding capabilities — particularly into financing — the complexities of vehicle financing and the reams of paperwork generated in the process are prime for innovation. That modernization is now happening,...
The blockchain can be the underpinning for the financial services ecosystem to give rise to assets that have real tangible value — including stablecoins and other cryptocurrencies. In a panel moderated by Paul Purcell, co-founder and partner at Continental Advisors, Visa Head of Crypto Cuy...
In a push to increase its user base in the U.S., digital bank Revolut is introducing fee-free cryptocurrency trading for up to $200,000 worth of trades per month, the FinTech announced Tuesday (Oct. 19). Revolut is also offering its 300,000 U.S. customers no-fee ATM use...
Almost every industry was affected by the pandemic, and many businesses that had already incorporated some form of digitization in their processes were still forced to significantly implement digital operational processes to service clients. For the “manually-intensive, paper-based” global trade finance industry, where trade transactions...
The digital sports gaming company DraftKings is working with the Ethereum-based scaling platform Polygon to support custom NFT drops on the DraftKings marketplace. As Seeking Alpha reported on Monday (Oct. 18), the deal gives the marketplace a blockchain solution that’s both scalable and eco-friendly. “Scalability...
Bitcoin surged 3% on Monday (Oct. 11) following a two-week price rally that now pegs the cryptocurrency at more than $57,000, the highest level in over five months, according to reports. Ether gained 2%, topping $3,500. A 12% gain would put Bitcoin at its high...
The Algorand Foundation announced on Friday (Oct. 8) it has awarded a grant to FIDO-certified authentication provider LoginID that will allow the company to research “building a technical path towards enabling its suite of APIs and SDKS for the Algorand ecosystem.” This means Algorand developers...
European car financing firm Auto1 FT is shifting all manual processes to smart contracts on the Ethereum blockchain, the first firm in Europe to do so, according to a press release on Thursday (Oct. 7). The move to blockchain encompasses all documents, files and processes relating...
Traditional banking and DeFi are often at loggerheads with many who doubt the ability of decentralized, permissionless platforms to provide the same level of consumer protection as is available on regulated platforms. But regulation and decentralized finance don’t have to be mutually exclusive, Swarm Markets...
