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A fight has blown up concerning the future of crypto exchanges, and its impact will greatly reflect how the crypto space evolves. One side of the fight comprises of purists who strongly argue that the crypto exchanges- the on- and off-ramps surrounding the crypto space and traditional banking system-...
Fintech has lived the top attention like a year ago. Now it is time for action. And we see lots of improvements in the fintech industry disrupting the financial solutions. They may be worlds apart in the financial services industry but German payments company Wirecard AG is fast approaching the...
Ant Financial fintech affiliate raises $14 billion to continue its global expansion Ant Financial's latest $14 billion funding round reportedly values the Alibaba affiliate at $150 billion, far more than Goldman Sachs' $88 billion. The Chinese financial services company grew out of Alipay, the digital payments system that contributed significantly to...
Advanced technology, backward banks and soaring wealth make China a leader in fintech Even at a European conference about fintech, one country dominated the conversation: China. This week, hundreds of fintech companies, from startups to tech giants, gathered at the Money 20/20 conference in Amsterdam, Netherlands. One key theme at the...
With the exit of UK next year, EU is trying to attract the fintech industry. Currently, London is the financial capital of the world. However, once it is separated from EU, it is expected that many companies will be looking for an alternative place for setting up the headquarters....
In the meeting of the House Financial Services Committee, subcommittee on Capital Markets, Securities and Investment, members of the Committee inquired from the experts about the latest technological innovation taking place in the financial world. The meeting titled “Examining the Cryptocurrencies and ICO Markets” was held on 14th March...
Remind.me is a Fintech start-up which is based in Berlin. Recently, it was able to raise over € 1 million in seed funding. There are many investors who are looking to invest in Fintech companies. That is why there is no dearth of investors who want to finance the...
Mexico just made a significant effort for an open banking revolution in their country. Recently, the Mexican Congress as approved a   bill to regulate the fintech sector, setting rules for things like cryptocurrencies and crowdfunding, and paving the way for an open banking revolution. The bill which was already approved by...
FCA call for input to incorporate technology in its systems. FCA (Financial Conduct Authority) of UK has taken the initiative to call for input in the use of technology to ensure effective and efficient regulation. In order for the regulated firms to provide accurate, efficient and consistent regulatory reports,...
The Fintech industry in Mexico is growing at a rapid pace. In many of the cases, the banks were forced to take up the solutions and products which were provided by the Fintech industry. Many of the banks feared attempts by hackers to hack the real-time payment systems. As...