The Daily Dig for Wednesday, June 11

Today’s Daily Dig takes a peek into the future with items looking at what’s in store for cryptocurrencies, real estate crowdfunding, the banking system, and a popular site.

 

Kiva founder discusses site’s success and microfinance

Premal Shah’s experience seeing economic exclusion on his trips to India led him to start Kiva with others.  He looks back on Kiva’s growth and achievements with Natricia Duncan.

Fundrise raise analyzed

Real estate crowdfunding firm Fundrise recently secured $31 million in funding which will allow it to expand operations.  David Drake takes a closer look at the deal while uses it as a gateway to an industry-wide analysis.

NPR panel discusses a world without banks

A recent slot of the NPR show All Things Considered looked at the possibility of a world without banks and how P2P would be a big part of it.  Read the transcript here.

Expresscoin seeks to unite unbanked with cryptocurrencies

The hundreds of millions of unbanked people around the world are an ideal market for cryptocurrencies, especially if related services include transfers, money orders and other services which can be cumbersome for the unbanked and underbanked.  Expresscoin looks to change this, notes Pete Rizzo.

India’s big banks, suddenly attractive need to change to help economy grow

The Chair of the State Bank of India discusses the recent election results, investment attraction to the previously-shunned banks, and what those banks need to do to help India’s economy grow in an interview with the Economic Times.

Investment banks changing climate analyzed

Low volatility and increased regulatory scrutiny are having tremendous impact on the operations of large investment banks.  Steven Davidoff takes a closer look.

Santa Fe mayor considers establishment of local public bank

While very rare in the United States, public banks are common in other parts of the world.  Santa Fe Mayor Javier Gonzales is considering one for his city in an attempt to provide loans to local businesses and keep profits close to home so they can be reinvested in the community, writes Daniel Chacon.

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