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Fintech EU

EU tries to attract Fintech Industry

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...

European Parliament: Blockchain Technology could be Very Important for Small Businesses

The European Parliament issued a statement about Blockchain. Parliament, said that they think Blockchain could be very important for small businesses. The Parliament's Research and Energy committee notes that Blockchain will play a major role for small businesses, as it will speed up the process and...

Norwegian National Bank Wants to Launch its Own Digital Currency to Support Nominal Money

According to reports in the Nordic press; The Norwegian National Bank claimed that Norges Bank could issue its own digital currency to support nominal money and increase confidence in its treasury policies. It is said that Norges Bank is starting to work to raise the central bank-supported digital...

European Union Approves New Legislation Covering Crypto Market

According to local news sources, the European Union has ratified new anti-money laundering(AML) legislation, including  cryptocurrency. According to Spanish news source La Vanguardia, the month we passed the European Union formally approved the legislation approved by the European Parliament. The new rules included in the legislation will be published...

iZettle to go for Europe’s biggest IPO in Fintech, with JPMorgan and Carnegie on their side

iZettle recently announced that it intended to launch IPO in order to raise SKr 2bn. It is intending to list on the NASDAQ exchange in Stockholm. The Fintech start-up is aiming to increase its turnover by at least 40% each and every year for...

Should European Banks fear The Payment System Directive?

For years, banks have traditionally controlled every data regarding their customer’s finances, but that is soon to change. Under the new Payment directive, banks are required to make available to third parties the data of their customers albeit on the request of their customers....
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