EU Looks To Pass Bloc-Wide Laws To Help Crowdfunding Efforts. European Union officials say all companies could benefit from crowdfunding bloc-wide laws. The EU is passing new guidelines and rules about crowding, in the hopes that it brings in more startup companies. For example, a suggestion has been made on...
The European Fintech Alliance has once again fired up its tussle with the financial services establishment over PSD2 by speculating that banks will rely on below par APIs in order to avert competition. The alliance of 74 fintechs, fintech associations and challenger banks shows its distrust, as the Regulatory Technical...
The moment of wearable payments is around the corner, as Visa has reached an agreement with National Bank of Greece and CaixaBank. The purpose of these deals is to allow customers to make secure transactions via their watches and jewellery. Mike Lemberger, head, product and solutions for Visa in Europe,...
The State of Fintech industry: Call leads, the leading financial monitoring and notification services provider, has recently published an infographic entailing the key developments that are taking place in the Fintech industry. The key insights provided are following: Global investment in the five years from 2010 to 2015, surged by...
IPO Fetches £94 Million For Augmentum Fintech: A new Fintech investment company, Augmentum has secured a whopping £94 million at the Initial Public Offering just before the trading of shares on London Stock Exchange which is set for this week. Augmentum Fintech needs more money for a new firm...
Consentium Looks To Monetize Cryptocurrency Transfers. Consentium, the first multi-digital currency and group monetization chat application for Asia, was released to the public Jan. 25. The $10 million in funding raised from a private ICO sale will be used to expand to other Asian markets – China, Singapore, South Korea...
IA aims to enhance technology adoption in the asset management by declaring to inaugurate VeloCity: The Investment Association (IA) has announced that it will be opening a Fintech accelerator by the name of VeloCity. This is an asset management industry’s bid to rapidly adopt innovative technologies. In this regard the association...
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...
Joint Agreement Could Improve and Lead To More FinTech-Related Enterprises: A joint agreement by the Indian state of Maharashtra government and Singapore’s main bank – the Monetary Authority of Singapore – will lead to possible FinTech enterprises in various areas such as blockchain technology. The pact includes a Memorandum of Understanding...
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...