Barclays' files KYC blockchain patent, FBI says BEC scams total $12B, and CA bill targets SMB borrower protections.
| | | | BUSINESS TO BUSINESS EDITION | | Easy Come, Easy ICO Go? For Investors, Easy Come ⦠For Now Flameouts. Scams. Investors who tread among ICOs are taking their shots in the Wild West. Only a minority of ICOs make it into their fifth month. However, as research from Boston College shows, returns are still positiveâ staggeringly so, as Hugo Benedetti, PhD candidate and the paperâs co-author, told PYMNTSâ Karen Webster. The question in a market where timing trumps the business model: for how long? |
| B2B Investors Get Smart About Business Intelligence Investors placed more than $136.5 million with B2B startups this past week, and while investment targets were diverse, the bulk of the funding landed at companies focused on enhancing businesses' ability to assess their performance. Business intelligence is a common theme in this week's B2B venture capital roundup, with many startups deploying artificial intelligence and sophisticated data analytics technologies for their business customers. |
| | Trade Finance Tech | | Convincing Banks Of Trade Finance Tech Value Blockchain is viewed by its supporters as the saving grace of trade finance, but emerging from pilot and launching a working blockchain solution is no longer enough to capture banks' attention. Rammohan Prabhakar, founder and CEO of Citrusxchange, says these tools must prove their ROI. Data transparency is critical to separate the winners from the losers, but whether blockchain is the tool to provide that visibility is yet to be seen. |
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