Morgan McKenney, a leader in Citi’s internal innovation efforts, says blockchain can improve cross-border payments but is skeptical about its revolutionizing trade finance or correspondent banking.
The firm sees growing interest among institutional investors in Asian fintech.
China Rapid Finance accepted a hefty, nearly 40% discount on its Nasdaq listing. Win or setback?
P2P platform China Rapid Finance listed on Nasdaq by accepting a nearly 40% discount on the share price to investors.