Cake Group, one of the fastest growing digital assets innovators, has announced that it has completed its executive leadership team with the appointment of a new Chief Marketing Officer (CMO) and the internal promotions of two individuals to Chief Product Officer (CPO) and Chief Human Resources Officer (CHRO). Industry veteran Samuel Christian has moved into the position of CMO at Cake. Christian will be responsible for ensuring that Cake’s products and services become the first...
From barter and physical currency to digitalization; humans have explored various modes of payment. Delve in to learn the contemporary digital payment trends.
The January 1st 2020 deadline for the US Stay Rules has passed – so are Global Systemically Important Banks (GSIB) now fully compliant? Have all their covered entities, subsidiaries, affiliates, and their client counterparties that use derivatives, repurchase agreements and certain other types of financial contracts been identified, and in-scope qualified financial contracts (QFC) remediated? Or will the lack of accurate, up to date trading partner information jeopardise and undermine the recovery and resolution objectives...
Cash and expense management are two of the most powerful forms of leverage for finance leaders of midsize companies. When combined, they enable considerable decision-making influence in the realm of growth and expansion. When this superpower is compromised by inaccurate information, however, the business might find itself moving forward without the proper guidance to make sound purchase and investment decisions. Fortunately, according to the IDC InfoBrief “The Finance Role in Best-Run Midsize Companies: Improving Decision Making...
Getting staff to properly populate their travel requests and expense claims is one of CFOs’ toughest asks. But user-oriented technology can help.
Culture of cost consciousness also makes expansion bid more likely to succeed
When Facebook announced plans for a stablecoin called Libra, the reaction from the cryptocurrency world ranged somewhere between skeptical and cautiously optimistic. But, regardless of any specific merits of Facebook’s version of a digital coin, the social-media giant’s move could help speed the adoption of cryptocurrency to a larger audience, says Kirill Bensonoff (www.kirillbensonoff.com), a serial entrepreneur and an expert in blockchain. “The biggest issue now is that most people are not familiar with crypto;...
Whether you’ve heard of fintech or not, it’s already changing your life. Have you ever “Venmoed” someone? Do you think of investing in Bitcoin even though you can’t quite explain what it is? If you’ve deposited a check using your iPhone, that’s fintech. And if you’ve gone to a bank branch and discovered it has been closed and shuttered for good, odds are that’s because of fintech too. The Money Hackers: How a Group of...
Fintech companies are becoming significant players in the U.S. economy, with firms such as Credit Karma, Tradeshift and Plaid enjoying extraordinary success as they use technology and innovation in an effort to transform the financial services industry. In 2018, for example, fintech investments in the U.S. reached $11.9 billion, a new annual high, according to CB Insights. But despite the favorable trend, fintech startups also face the same reality that all startups do – raising the capital...
