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Fintech investment in APAC has skyrocketed this year. Nearly US$3.5 billion has been invested so far; almost three times more than in 2014, according to a new report from Accenture. Entitled "Fintech Investment in Asia-Pacific set to at least quadruple in 2015," the report examines current fintech investments and predicts...
Bitnet is a Bitcoin payment processing company that has raised tens of millions of dollars over the past year, and the team behind this global payments platform has a plethora of experience in the traditional online payments space. Before co-founding Bitnet, CEO John McDonnell was a Senior Vice President...
The Canadian Imperial Bank of Commerce (CIBC), one of the country's largest banks, is closely studying blockchain technology, peer-to-peer lending, in a time where fintechs are threatening to shake up the financial services sector. In a speech to the Empire Club of Canada, Victor Dodig, the chief executive of CIBC,...