Banking

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Weekly Briefing №108 | Interview Special Edition

9 Nov 2020 5 minute read 0 comments FinRev

In between eating your leftovers and watching football games, we invite you to check out two recent interviews conducted by The FR’s Gregg Schoenberg. The first is with a highly respected Silicon Valley fintech and tech entrepreneur, Max Levchin. The...

The Weekly Summary - Cryptocurrency Edition [Issue 30.1]

6 Nov 2020 1 minute read 27 comments tvlachak

Issue 30.1 / November 6, 2020 Cryptocurrency The U.S. government is looking into updating the definition of money to include digital currency. JP Morgan Chase is on blockchain with JPM Coin. Wyoming approves the second crypto bank in the United State...

We Can’t Lose Our Focus on Open Banking

1 Nov 2020 3 minute read 0 comments Craig Borysowich

2020 has unfortunately had a lot going on. In many economies, the entire story of banking and payments was rewritten over the past eight months.  It has been challenging for people, for business, and indeed for banks.  If nothing else, what we have s...

Mastercard CEO: Bitcoin Won’t Help the Unbanked

28 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan

Mastercard CEO Ajay Banga doesn’t believe that Bitcoin (BTC) will facilitate greater financial inclusion. The CEO made the statement in the Fortune Global Forum conference on October 27. Banga pointed to volatility and the fact that no one entity ma...

Rant #23: I Don't Recommend Wells Fargo

25 Oct 2020 1 minute read 0 comments zpaul_2020blu

Was reading an excellent article in the Publish0x news section about how more banks & companies are incorporating crypto. Among those companies was Wells Fargo. I can't emphasize the following enough: Do Not Bank With Wells Fargo. Do NOT STORE YOUR C...

Central Bank Digital Currencies vs. Cryptocurrencies

25 Oct 2020 6 minute read 2 comments Brennan

One after another, countries around the world have been announcing plans to launch their own Central Bank Digital Currency (CBDC). China is already in the lead with the launch of their digital yuan earlier this year. In a test run, 50,000 Chinese cit...

How To Bank With Crypto

23 Oct 2020 3 minute read 0 comments CryptoFTB

                                             Overview 1. How Millionaires and Billionaires Bank 2. Traditional Banking vs. Crypto Banking 3. Guide To Banking W/ Crypto Using Nexo (This article is targeted for beginners.)                       1. How...

Accounts Belonging to Peter Schiff's Bank Under Investigation for Tax Evasion

19 Oct 2020 1 minute read 6 comments Abhimanyu Krishnan

According to a report from Australian media outlet The Age published on October 18, authorities are investigating bank accounts belonging to Peter Schiff-founded Euro Pacific Bank. Several governments have issued subpoenas allegedly related to tax e...

Will Banks Become Extinct Due to Cryptocurrencies?

19 Oct 2020 3 minute read 8 comments CryptoMarketeer

For many investors, one of the biggest draws for cryptocurrencies has the promise of disruption it will bring to the financial and banking industry. Bitcoin itself, recognized by most to be the first cryptocurrency, was born in one of the most defini...

The Weekly Summary - Entrepreneurship Edition [Issue 27.4]

17 Oct 2020 1 minute read 4 comments tvlachak

Issue 27.4 / October 17, 2020 Entrepreneurship The pandemic has closed many businesses in the United States. However, applications for new US businesses are popping up at the fastest rate in almost 15 years.  The 4 big concepts to building a business...