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Peter Schmidt

Peter Schmidt is a journalist focused on latest technologies in banking. Peter Schmidt is a senior writer and video host at TheOofy. He also hosts a podcast about tech finance. Previously, Schmidt was a finance reporter for Mashable and has been a contributor at APA, Fortune and Forbes. Schmidt has a Master's in Journalism from Heidelberg University.
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Credit unions and fintech startups collaborating together to gain more success

Financial experts said instead of being competitors credit unions and fintech should collaborate together to gain more success business. The experts said while it is correct to think that fintech can pose a threat to traditional financial institutions, this situation...

SEC ordered the New York Stock Exchange to pay $14 million fine

The Securities and Exchange Commission is dead serious to punish the agencies that cause disruption to market events. Recently, SEC ordered the New York Stock Exchange to pay $14 million fine for multiple breakdowns and regulatory violations. The SEC move came...

EBA chairperson Andrea Enria said instead of regulation a “nuance approach” is the better way to deal with cryptocurrency

The head of the European Banking Authority has no intention at the moment to regulate cryptocurrency. EBA chairperson Andrea Enria said instead of regulation a "nuance approach" is the better way to deal with cryptocurrency concerns. In a recent speech, Enria...

Digital only banks needs to reinvent itself in order to sustain, Survey says

Looks like digital only banks needs to reinvent itself in order to sustain its current standing in the global market. This developed after a recent survey has shown that people around the world - from India to Canada to the...

Private equity group Nordic Capital is now the owner of a majority stake in Swedish online payments provider Trustly

Private equity group Nordic Capital is now the owner of a majority stake in Swedish online payments provider Trustly. Nordict Capital has recently purchased a majority stake of Trustly reportedly at around EUR700 million. The move of Nordic Capital is very...

Ripple is partnering with some Japanese banks to launch ‘MoneyTap’

Consumers in Japan could soon find relief in doing domestic payments in the Asian country. According to reports, Ripple is partnering with some Japanese banks to  launch 'MoneyTap' a smart phone application that will enable consumer to make instant domestic...
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