Blockchain-based solutions have only just begun to launch in the financial services market, but considering the volume of interest in deploying blockchain tools to address the massive $1.5 trillion trade finance gap, it appears as if the niche could quickly become saturated with distributed ledger...
Investors placed more than $136.5 million with B2B startups this past week, and while investment targets were diverse (including B2B eCommerce and small business lending), the bulk of the funding landed at companies focused on enhancing businesses’ ability to assess their performance. Business intelligence is...
California lawmakers are considering legislation that would extend disclosure requirements currently required by consumer lenders to lenders of small business loan products, according to Manatt, Phelps & Phillips, LLP. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Tilray, the first cannabis company to conduct an initial public offering on a U.S. exchange, closed up 32 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Wall Street firm Morgan Stanley is getting more bullish on the payments and processing markets, upgrading its investment rating to be attractive, with growth expected in the quarters to come. According to a report in MarketWatch, Morgan Stanley cited the resiliency of consumer spending, market...
Barclays filed two applications with the U.S. Patent & Trademark Office on Thursday (July 19), reports in CoinDesk said. Both applications relate to application of blockchain technology. One describes a blockchain platform to accelerate cryptocurrency transfers, while the other describes a blockchain solution to streamline...
Flameouts. Scams. Investors who tread among ICOs are taking their shots in the Wild West. Only a minority of ICOs make it into their fifth month. But as research from Boston College shows, returns are still positive, staggeringly so, as Hugo Benedetti, PhD candidate and the paper’s...
Even a decade ago, Touché LA Co-founder Karl Singer told PYMNTS in a recent conversation, the middle market of fashion was a very different place — and not just in terms of the style types that were available for purchase. What people are buying, after...
FIs' investment in artificial intelligence (AI) and machine learning (ML) is expected to reach $57.6 billion by 2021. In the latest Digital Banking Tracker, PYMNTS tracks the latest developments driving investment in the space. Plus, Moiz Kohari, SVP and chief technology architect at State Street,...
