Ep 8- Why Europe doesn’t produce tech giants, open banking and challenger banks, and P2P lending stumbles in China

0:58 Why can’t Europe do tech?
14:16 Common data standards in banking
29:55 China bans new P2P online lenders
39:36 Final Byte

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Article Links
Why can’t Europe do tech?
https://www.bloomberg.com/news/features/2018-08-16/inside-europe-s-struggle-to-build-a-truly-global-tech-giant

Why ForgeRock built a simulated bank for testing open banking APIs
https://www.computerworlduk.com/applications/why-did-forgerock-build-model-bank-for-testing-open-banking-apis-3682486/

A German fintech startup backed by Peter Thiel has raised $100 million
https://www.businessinsider.com/german-fintech-deposit-solutions-raises-100-million-2018-8

After public outcry, Beijing says it will ban new online lending platforms
https://www.cnbc.com/2018/08/13/peer-to-peer-outcry-china-says-will-ban-new-online-lending-platforms.html

Square stock hits record as Cash app reportedly passes Venmo in downloads
https://www.marketwatch.com/story/square-stock-hits-record-as-cash-app-reportedly-passes-venmo-in-downloads-2018-08-14

With Fast-Growing Fintechs Taking a Toll, Banks Will Soon Claim Less Than 50% of Payments Revenue

With Fast-Growing Fintechs Taking a Toll, Banks Will Soon Claim Less Than 50% of Payments Revenue

GenZ is about to take over millenials as biggest generation world has known
https://www.bloomberg.com/news/articles/2018-08-20/gen-z-to-outnumber-millennials-within-a-year-demographic-trends

Ep 07-IBM loves DLT, Goldman skeptical about crypto, fintechs get into subprime credit cards, and new law may limit Chinese investments in US startups

0:40 IBM loves DLT
7:10 Goldman Sachs skeptical about cryptocurrencies
13:35 Supergiant VC rounds
17:40 Chinese funding startups may get more reviews
22:30 Fintech dives into subprime credit cars
27:08 US SEC postpones Bitoin ETF
33:03 Final Byte

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Article Links
Blockchain hype may have peaked, but IBM is still a believer
https://qz.com/1350355/blockchain-hype-has-peaked-but-ibm-is-still-a-believer/

Goldman Still Skeptical of Crypto Currencies
https://www.pymnts.com/cryptocurrency/2018/goldman-sachs-cryptocurrency-mania-second-half-risk/amp

Supergiant VC rounds aren’t just raised in China
https://techcrunch.com/2018/08/11/supergiant-vc-rounds-arent-just-raised-in-china/

Chinese funding of Silicon Valley startups gets more tense, with more oversight by American government.
https://www.economist.com/business/2018/08/11/silicon-valley-gets-queasy-about-chinese-money

Fintech Crowd Dives Into Subprime Credit-Card Lending
https://www.wsj.com/articles/fintech-crowd-dives-into-subprime-credit-card-lending-1534189198?mod=hp_lead_pos4

US SEC Postpones Decision Regarding Bitcoin Exchange Traded Fund
https://cointelegraph.com/news/us-sec-postpones-decision-regarding-bitcoin-exchange-traded-fund

Financial crisis cost every American $70,000
https://www.bloomberg.com/news/articles/2018-08-13/the-financial-crisis-cost-every-american-70-000-fed-study-says

Communist Party of China Releases Primer on Blockchain Technology
https://cointelegraph.com/news/communist-party-of-china-releases-primer-on-blockchain-technology

Ep 06- Facebook wants your bank data, fintech for senior citizens, regulatory sandboxes, Lemonade, and more!

0:50 Facebook to Banks: Give Us Your Data
6:50 Regulatory Sandbox For FinTech
14:14 Lemonade Sells Home Insurance to Millenials
20:00 Senior Citizens Get Support From Financial Technology
24:28 FOMO3D
31:38 Final Byte

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Article Links
Facebook to Banks: Give Us Your Data, We’ll Give You Our Users
https://www.wsj.com/articles/facebook-to-banks-give-us-your-data-well-give-you-our-users-1533564049

How important is the government’s new regulatory sandbox for crypto?
https://venturebeat.com/2018/08/05/how-important-is-the-governments-new-regulatory-sandbox-for-crypto/

Selling Millenials Home Insurance Is Lemonade’s Novel Pitch
https://www.bloomberg.com/news/articles/2018-08-02/lemonade-wants-to-sell-millennials-home-insurance

Senior Citizens Get Support From Financial Technology
https://www.bloomberg.com/news/articles/2018-08-07/senior-citizens-get-support-from-financial-technology

FOMO3D
https://slate.com/technology/2018/08/fomo3d-is-the-game-with-a-usd9-million-cryptocurrency-prize-real-or-a-scam.html

Only one in three AI projects reported to succeed
https://www.information-management.com/news/only-one-in-three-ai-projects-reported-to-succeed?brief=00000159-ffbf-d8bf-af7b-ffbf558d0000

Fintech firm Even Financial to expand offerings after raising $25M
https://www.americanbanker.com/news/api-oriented-fintech-to-enter-new-verticals-after-raising-25m

‘The Beginning of a Wave’: A.I. Tiptoes Into the Workplace
https://www.nytimes.com/2018/08/05/technology/workplace-ai.html?rref=collection%2Fsectioncollection%2Ftechnology&action=click&contentCollection=technology&region=rank&module=package&version=highlights&contentPlacement=2&pgtype=sectionfront

Ep 05-Chatbots in the Enterprise, IBM Blockchain Appstore, Ant Financial and more

0:45 Google Chatbot for Enterprise
4:28 Landbot the anti-AI chatbot
8:08 Ant Financial Profile
18:20 IBM Blockchain Appstore
24:50 Banks Searching for Blockchain Applications
27:05 Employee App For Daily Pay
33:36 Final Byte

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Article Links
Google, Microsoft And Startups Are Going To War On Chatbot Technology
https://www.forbes.com/sites/parmyolson/2018/07/27/google-microsoft-and-startups-are-going-to-war-on-chatbot-technology/#4bde97c661b6

Landbot gets $2.2M for its on-message ‘anti-AI’ chatbot
https://techcrunch.com/2018/07/19/landbot-gets-2-2m-for-its-on-message-anti-ai-chatbot/

Jack Ma’s Giant Financial Startup Is Shaking the Chinese Banking System
https://www.wsj.com/articles/jack-mas-giant-financial-startup-is-shaking-the-chinese-banking-system-1532885367

IBM’s blockchain app store wants to help banks cut costs

IBM and FX Giant CLS Team Up to Launch Blockchain App Store for Banks

Banks Still Searching for Practical Applications for Blockchain Technology
https://bankinnovation.net/2018/07/banks-still-searching-for-practical-applications-for-blockchain-technology/?utm_source=Bank+Innovation&utm_campaign=19181ffb8a-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c7c396d894-19181ffb8a-39512165

Employers Embrace Apps That Let Them Pay Daily
https://www.bloomberg.com/news/articles/2018-07-24/employers-embrace-apps-that-let-them-pay-daily

SEC’s New Crypto Czar Wants Coin Industry to Step Out of Shadows
https://www.bloomberg.com/news/articles/2018-07-30/jiujitsu-is-easy-to-sec-crypto-czar-rapport-with-coinsters-hard?srnd=cryptocurriences

Nobody Says ‘Zelle Me’: Banks Struggle to Catch Up to Venmo
https://www.wsj.com/articles/zelle-struggles-to-prove-its-not-just-another-payments-app-1533038401?mod=hp_featst_pos1