Tag #Fintech

forbes.com
🌐 90% Global Worthiness
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Bitcoin ETF Success Signals Mainstream Crypto Acceptance

In 2024, the launch of BlackRock's iShares Bitcoin Trust, accumulating over $50 billion in assets under management in 11 months, coincided with a sharp decline in negative Bitcoin predictions and a shift in political acceptance, exemplified by Donald Trump's embrace of crypto and the discussion of a...

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Bitcoin Surges After Trump Win, X Payment Plans Fuel Crypto Speculation

Bitcoin and cryptocurrency prices have surged following Donald Trump's reelection, fueled by Wall Street adoption, Trump's influence, and Elon Musk's warnings of a potential U.S. financial crisis; X plans to integrate payments in 2025, further fueling speculation.

Progress

56% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Trump's Win Fuels Bitcoin Surge, AI Integration into Smartphones Sparks Privacy Debate

Following Donald Trump's 2024 reelection, Bitcoin's value exceeded \$100,000 due to anticipated pro-crypto policies under his administration, contrasting with 2022's downturn after the FTX collapse. Artificial intelligence (AI) tools are integrating into smartphones, raising concerns about data priv...

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44% Bias Score

welt.de
🌐 75% Global Worthiness
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German Banks Launch Wero to Challenge PayPal

German Sparkassen banks are pushing Wero, a new mobile payment system launched in July 2024, as a PayPal competitor; it initially was available only to Sparkassen and Volksbanken customers but now has its own app and is expanding to Postbank, Deutsche Bank, and ING in 2025, while the Giropay system ...

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
smh.com.au
🌐 75% Global Worthiness
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Betashares Attracts $16 Billion, Dominates Australian ETF Market

Betashares, co-founded by Alex Vynokur, attracted $16 billion in 2024, lifting its assets under management to $46 billion, representing one-third of Australia's ETF market; the firm is now eyeing Asian expansion.

Progress

44% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Pro-Crypto Government Fuels Cryptocurrency Market Surge

The cryptocurrency market is experiencing a surge driven by a pro-crypto US administration and anticipated regulatory easing, with Bitcoin potentially doubling in price and Ethereum reaching $7,000 in 2025; however, the full impact of legislative changes may not be felt until later in the year.

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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US Credit Card Defaults Soar to 14-Year High

US credit card loan defaults soared to \$46 billion in the first nine months of 2024, a 50% increase from 2023 and the highest level since 2010, disproportionately affecting lower-income households with zero savings rates, according to a Financial Times report citing BankRegData.

Progress

28% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Fintech Failures of 2024 Expose Systemic Risks

The 2024 collapses of fintech companies Synapse and Bench, costing consumers up to $96 million and leaving numerous businesses scrambling, exposed the risks of outdated systems masked by shiny interfaces, emphasizing the need for transparency and accountability in the industry.

Progress

56% Bias Score

Reduced Inequality
forbes.com
🌐 90% Global Worthiness
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Cryptocurrency Market Soars After US Election

Following the US presidential election, Bitcoin ETFs surpassed gold ETFs in assets, reaching \$129 billion by December 16th, driven by market euphoria and pro-crypto policies promised by the incoming Trump administration, leading to a significant price increase for Bitcoin and other cryptocurrencies...

Progress

60% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
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German Banks Back Wero to Challenge PayPal

German Sparkassen are aggressively promoting Wero, a PayPal competitor launched in July 2024 by the European Payments Initiative, aiming for pan-European adoption; this follows the year-end 2024 closure of the failing Paydirekt/Giropay system.

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
forbes.com
🌐 85% Global Worthiness
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IRS Finalizes DeFi Broker Reporting Regulations

Final IRS regulations, effective January 1, 2025, classify DeFi trading front-end services as brokers, requiring them to report transaction information similar to traditional non-custodial brokers; this decision targets easily identifiable entities and may expand based on future data analysis.

Progress

52% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
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Wefox Secures €170m Lifeline from Searchlight to Avoid Asset Sale

Searchlight Capital Partners is leading a €170m refinancing package for Wefox, a European insurance company, to avert a fire sale of assets and address significant losses, with an equity raise of €80m-€100m expected to be completed next month.

Progress

40% Bias Score

Decent Work and Economic Growth