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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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Reserve Bank forms new fintech unit to show a cohesive view

The top executive of Reserve Bank said the main focus of their new fintech unit is not high frequency trading but rather to ensure there is a "cohesive view" on fintech. Reserve Bank deputy governor Francois Groepe explained that in...

European Banking Authority (EBA) Bares Opinion On European Commission’s Fintech Roadmap

The European Banking Authority (EBA) has recently released its opinion on the European Commission’s Fintech Roadmap. Andrea Enria, the EBA’s Chairperson, said his agency will set up Knowledge Hub to make sure EU supervisors share best practices and adopt a...

Justice Department and the Securities and Exchange Commission filed criminal charges against Equifax CIO Jun Ying

A former top official of Equifax is not feeling good these days after he was charged by US authorities with insider trading. The insider trading accusations came into the picture after the former official allegedly sold off all of his...

Fintech cyber security consortium formed to fight threaths against cyber security at WEF

The World Economic Forum is on the move to strengthen further the cybersecurity of fintech firms and data aggregators. WEF has recently formed a four member fintech cyber security consortium to battle threats against cyber security. The fintech cyber security consortium...

British blockchain-based banking platform Babb raises $20m in a sold-out token sale

After successfully raising $20 million in a sold-out token sale, British blockchain-based banking platform Babb is now setting its eyes on establishing its first ever  bank accounts before the end of the year. The move is quite ambitious for the...

The Monetary Authority of Singapore (MAS) and the Bank of Lithuania makes a partnership in Fintech

Two banks in Singapore and Lithuania have a forged a partnership in order to develop a FinTech ecosystems and encourage greater financial innovation in the two countries. The Monetary Authority of Singapore (MAS) and the Bank of Lithuania formally signed...
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