fintech digest
BNPL Crackdown, AI Transforms Fintech And More
Research Team
6 September 2024
How AI Can Transform Fintech
The rapid advancements in artificial intelligence have positioned it as a transformative force across various industries, with fintech emerging as a prime beneficiary. As the financial sector embraces digitalization, AI is poised to revolutionize everything from credit scoring to fraud detection.
Crackdown on Buy-Now Pay-Later Firms as Labour Pushes Ahead with Plans to Regulate the Industry
Buy-now-pay-later firms such as Klarna and Clearpay are braced for tough new rules as Labour pushes ahead with plans to regulate the industry. The Treasury is set to announce reforms by the end of next month – three years after rule changes were first considered in 2021.
How the Premier League’s Global Popularity is Driving Its Revenue Growth
As the likes of Ligue 1 and Serie A struggle to secure favourable broadcast deals, the Premier League’s media rights income continues to rise. Daniel Harraghy, research manager for sports at Ampere Analysis, explains why the ability of English soccer’s top flight to drive revenue overseas puts it in a league of its own.
Leading Tokenisation of Real-World Assets on Blockchains
BlackRock (BLK) is leading the charge in the mass tokenisation of real-world assets on blockchains, according to Zodia Markets Ireland chair Michael Walsh.
"BlackRock has already got $16bn in their spot bitcoin ETF and they also have a dollar-denominated US Treasury Fund, which has been tokenised with immediate inflows of almost a billion dollars," Walsh told Yahoo Finance's Future Focus this week.
Ether CME Futures Volume Shrinks as ETH ETFs Disappoint
The decline in trading volumes for ETH instruments suggests lower-than-expected institutional interest in the asset, particularly following the launch of spot ether ETFs, according to CCData.