Category: Fintech

Student Blog: Big Tech and Financial Service – The Keep Big Tech out of Finance Act

in Fintech, Legislative Developments, Student Blog, Technology

by Daniel McCarthy, RBFL Student Editor               On July 15, 2019, the House Financial Services Committee introduced the “Keep Big Tech out of Finance” Bill. This Bill, if enacted, would have a few major impacts on the financial services industry. First, the Bill would prohibit technology companies that have an annual global revenue of […]

Student Blog: Facebook’s newest project – Libra

in Currency, Fintech, Student Blog, Technology

by Inri Panajoti, RBFL Student Editor Facebook recently announced its new currency, termed Libra. Libra’s mission is to “enable a simple global currency and financial infrastructure that empowers billions of people.” Globally, about 1.7 billion adults do not have access to traditional banking and international money transfer fees average around seven percent of the amount […]