Top news of the week: 20.11.2022.
Having a safe CEX: proof of solvency and beyond
Of course, this breaks privacy, so we can change the scheme a little bit: publish a list of (hash(username, salt), balance) pairs, and send each user privately their salt …
Analysis: U.S. banks to pounce on fintech deals as valuations plunge
Financial technology companies, long seen as a threat by the likes of JPMorgan Chase & Co , are increasingly becoming acquisition targets for traditional U.S. banks as rising interest rates ...
Citi backs Indian SaaS startup Lentra as it plans to expand internationally
Indian SaaS startup Lentra has raised $60 million in a Series B funding round that saw participation from Citi Ventures.
NY Fed, 8 banks to test digital dollars on Regulated Liability Network
The New York Federal Reserve has launch a digital money test involving 8 banks trialling the regulated liability network blockchain
Forget neobanks: In 2022, it’s B2B fintech that investors find ‘sexy’
As the economy cools, the ever-growing B2B fintech sector is having its moment in the sun. Can it race past the big-name neobank sector?
Fintech Juni cuts a third of its team in second set of layoffs
Swedish startup Juni raised $206m this summer – and initially said its plan was to hire another 60 people by the end of the year.
The current state of enterprise blockchain
Enterprises use a permissioned blockchain — known as an enterprise blockchain — to speed up business processes, improve transparency...
An Innovation Mindset is Needed in Payments
Innovation in payments must address the expectation that movement of money will be instantaneous, with total security, and full transparency.