Regulators must innovate so that the economy is not left behind

Collaborative economy business models know no boundaries, especially in the financial industry and its technological branch – fintech. In addition to the increasingly popular services such as crowdfunding, equity crowdfunding, social currency exchange and cryptocurrencies (Bitcoin), P2P money lending, i.e. social loans, is dynamically developing. Social lending, otherwise known as peer-to-peer lending, is developing very…

In 5 years, the banks will not collapse, but their days are numbered!

From the very beginning, the financial industry was obscured by a wall of legal regulations to ensure liquidity and, above all, security. The foundation of every bank is credibility, trust and security. Bank customers must be sure that their funds are safe and that the bank is solvent. In the age of the internet, both…