By FintechNews staff Fintech companies in Lithuania are among the best and fastest adapters to the Covid-19 pandemic. Fintech Hub LT statistics show that Electronic Money Institutions (EMIs) have made the most progress. The latter have demonstrated excellent turnover and profitability figures, which reflect very well the increasing competition for traditional financial service providers. […]

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One of the world’s biggest crypto hubs Indonesia prohibits financial institutions from engaging in cryptocurrency sales. The financial regulator in Indonesia has reiterated its earlier warning against the rapidly growing industry even as pressure mounts from powerful religious organizations against cryptocurrencies. Indonesia’s Financial Services Authority (OJK) warned that financial firms are not allowed to offer […]

An electronic money institution (EMI) is a symbol of the evolution of financial services. Such institutions are best known for e-money disbursement and payment intermediation, which contribute to the total value of digital payments around $6,752,388 in 2021 and is expected to hit $10,715,390 by 2025. So, it is crucial to understand what EMI Institutions […]

The post Electronic Money Institution (EMI) – License, Definition, Software appeared first on SDK.finance - White-Label Digital Core Banking Software.

Coinbase’s investment arm escalated its investment activity in 2021, sinking more capital into crypto projects last year than ever before. Coinbase Ventures completed nearly 150 deals last year, averaging a new deal every 2.5 days, according to a new blog post from the company. “On a cumulative basis, more than 90% of the capital Coinbase […]

The post Coinbase Ventures Escalated Investment Activity in 2021 – With a Particular Focus on These Two Crypto Sectors appeared first on The Daily Hodl.

The Five Star Bank will partner with the NYDIG to offer BTC services to their account holders as more and more financial institutions in the US started partnering with NYDIG as we reproted in our cryptocurrency news. The customers of the US Financial Service Provider Five Star Bank will be able to securely buy and […]

ARK invest claims both BTC and ETH market caps will reach $20 trillion by 2030 because the decentralized finance applications built on Ethereum are flipping the traditional financial service providers as we can see further in today’s latest altcoin news. A new report by Ark Invest claims that Ethereum’s market cap in the next few […]

Making its Finovate debut nearly seven years ago (as 3E Software), Teslar Software has become a valued strategic partner for community financial institutions across the United States. The firm’s portfolio management solutions aggregate and automate both lending and deposit operations into a single system, enabling them to scale and enhance processes throughout the institution. Just Read more...

The post Lending, Automation, and Digital Transformation with Teslar Software’s Amy Berger appeared first on Finovate.

Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey, Ryan Yi & Justin Mart.2021 was...

MMI product lead Johann Bornman labeled the integration with Cactus Custody’s DeFi Connector as a “profound DeFi offering for institutions.”

Pemo:                Welcome, Rosario. So good to speak to you again. It’s been a little while and obviously, a lot’s happened all over the world for everyone. So, tell me about your business. Rosario:           Yeah. Well, thanks for having us, Pemo. Appreciate it. Yeah, […]

I read with interest JP Koning’s post “Programmable money isn’t new, we’ve had it for ages“. As an independent monetary economist, JP is well...