The ILC is the Future and Present of Big Fintech

Most of us in fintech got excited about the OCC fintech charter. It is a special purpose national banking charter for fintechs to use to offer some banking type services. The charter also provides a known path on compliance through banking. The charter was first announced in 2016 and in August 2018 they started accepting … Read moreThe ILC is the Future and Present of Big Fintech

What I Learned at Atlanta Blockchain Experience

When it comes to conferences, bigger isn’t always better. In fact, most of the time bigger isn’t better although LendIt is an obvious exception that is both big and awesome. This week, the Atlanta Blockchain Experience took place run by the Cryptolina guys (who have been running conferences since at least 2014). Cryptolina does great … Read moreWhat I Learned at Atlanta Blockchain Experience

Turnkey Lender: Solid Lending SAAS Platform

This article was originally printed in fintech award-winning news site Bankless Times, where I’m a contributor. Contact me if you are interested in learning more. Loan Servicing software firm Turnkey Lender sells their SAAS platform for loan underwriting and servicing all over the world. Their software works with lending markets from auto to alternative lending, payday … Read moreTurnkey Lender: Solid Lending SAAS Platform

Two New Stablecoins Approved. Should You Buy Them?

Two firms, Paxos and Gemini (backed by the Winklevoss twins of Facebook fame), received regulatory approval for their stablecoin this week. What are stablecoins and why does this matter? Should you invest in them? Let’s take a look. What Is a Stablecoin? A stablecoin is a cryptocurrency pegged to a more stable asset like gold or … Read moreTwo New Stablecoins Approved. Should You Buy Them?

DASH is the choice of Venezuelans

One of the best use cases for Bitcoin and cryptocurrency is its use as a ‘crisis’ currency. A crisis country with hyperinflation, like Venezuela, has a currency (the Bolivar VEF) that is a ‘softer’ form of money than harder forms of money like fixed supply cryptocurrencies. Gresham’s Law is an economic law that states that … Read moreDASH is the choice of Venezuelans

Counterparty Risk in Bitcoin Exchanges: OKEx

Hong Kong-based Bitcoin exchange OKEx has a big problem. And this problem reminds us about exchanges. Whether decentralized or not, there is a potential risk with exchanges from the exchange itself, like when Bitfinex was hacked back in August of 2016 when 120,000 BTC were stolen. This is known as counterparty risk and we always have … Read moreCounterparty Risk in Bitcoin Exchanges: OKEx

Amazon, PayPal & EBay Expand Lending Options

The mantra in marketplace lending is to build, buy or partner. When people say this they are talking about fintech firms and banks and how they should work together. One side left out of this equation is fintech platforms getting into lending for their own customers like Amazon, Paypal, or EBay. All are or soon … Read moreAmazon, PayPal & EBay Expand Lending Options

Puerto Rico: Where Bitcoin is a Force for Good

  Bitgive is a long-running Bitcoin-based charity since 2013. Brian Armstrong, Coinbase CEO (link down the right side if you want to use CB to buy or sell crypto) just announced his crypto-based charity fund GiveCrypto. The Pineapple Fund distributed millions in crypto to various charities. What does this have to do with a map of Puerto Rico? … Read morePuerto Rico: Where Bitcoin is a Force for Good