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 the FinTech Co-operation Agreement on the sidelines of the Money...
Recently, 5 asset managers entered into a merger with OFI Asset Management and SETL, while participating as shareowner in IZNES. This blockchain-based mutual funds network was launched in 2017, after collaborating with 4 French asset management companies. The intention behind this partnership was to run the network at full...
The government after economic analysis expects a growth of about 3.8% in the country's GDP.
Innovation and comprehensive technology advancement have been planned for, and the country has earmarked more than HK$ 50 billion ($6.4 billion) as stated by Paul Chan the country's Financial Secretary
The Public health...
An astounding fame of contactless cards is reaching the zenith of shopper’s interest in wearable payments. A recent research from Mastercard reveals that approximately one-quarter of Europeans are waiting anxiously to start using tap-and-go payments via bracelet, key-ring, smart-watches or other modes of wearable payments.
The data, showing a conceivable...
New Partnerships And More Funds Expected At Israel's Viola Fintech: If all goes well, Viola Fintech’s fund will hit $150 million in a few months’ time and new partners are expected to join this investment group from Israel.
50% of the current fund ($100 million) is thanks to a number of...
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 said instead of regulation, cryptocurrencies should be subject to full...
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 significant for the company since Trustly offers cross-border payments to...
Curve, the London fintech startup that provides a system that allows you to merge all of your bank cards into a single Curve card and app to help you to handle your expenses, is ultimately launching to U.K. customers. Up to now, the facility remained in beta and was...
In November last year, $100 Million was raised at Dubai’s free zone. DIFCand MEVP agreed to use this Fintech fund to develop the regional technology venture capital ecosystem.
It offers a global platform that connects Dubai
The Dubai international Financial center is a top-rated financial organization and one of the best...
Could Fintech Be in a Bubble? While skeptics declare the fintech bubble will quickly burst, most professionals think this revolutionary field will keep on flourishing. Fintech, short for financial technology, became a main buzzword in 2015. That’s whenever a group of fintech startups emerged and distinct they would interrupt...
