Fintech Radar
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Bank First is Wis. to buy neighboring lender
The company will pay nearly $33 million for Tomah Bancshares to boost its operations in Wisconsin's Monroe County.
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Organizers plan de novo bank in Tennessee
Hamp Johnston, a former market executive at JPMorgan Chase, would serve as RockPoint Bank's president and CEO. The bank would be based in Chattanooga.
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European Union Plans to Invest €100 Million in Blockchain & Artificial Intelligence Startups During 2020
The EU Artificial Intelligence and Blockchain Investment Fund is planning to invest €100 Million in European startups next year. This is according to note from the European Commission. The new EU investment fund seeks to boost innovation in these two key technologies. The Fund was
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EU Launches Estimated €400M Blockchain, AI Fund to Avoid Lagging US, China
A new fund has been set up with the aim of preventing the EU falling behind nations like the U.S. and China on blockchain and AI innovation.
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Crypto Miner Cannan Raises $90 Million in NASDAQ IPO, Shares Decline
Yesterday, Canaan Inc. (Nasdaq: CAN) a Chines crypto mining company, completed an initial public offering (IPO) of 10,000,000 American Depositary Shares (ADSs), each representing 15 Class A ordinary shares. Shares were issued at US $9.0 per share for a total offering of US $90 million.
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CFTC Chair on Crypto Regulation: We Don’t Want to Snuff out Innovation
CFTC chairman Heath Tarbert says that the authority does not want to snuff out innovation by overregulating crypto
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Video: Top fintech stories this week – 22 November 2019
FinTech Future's weekly news round-up.
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Charter or not, fintechs are already ‘banking’
A more practical approach for U.S. regulators on whether to bring fintechs into the banking fold might be ‘better the devil you know than the devil you don’t.’