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 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...
Manchester and London Fintech Firms To Work Together: Modern technology and new regulations are pushing transitions in typical financial institutions in London. If these firms could join forces with the ballooning Fintech community in Manchester, they would rise to higher notches in the near future. In this era of new...
FinTech Conference Brings Together Numerous Industry Rep and Policy Makers
AVP - MT Sales Executive of Nasdaq Tony Sio recently took part in an Artificial Intelligence & Robo Advice seminar during the second annual FinTech Conference held in Brussels on Feb. 27.
Sio made multiple points during his speech such as:
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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...
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. This will mean that customers...
3 Trends could give fintech a bigger say in your money matters: Fintech, brief for “financial technology,” is significantly changing how customers and businesses access and handle their funds.
These days, due to technology and the internet, customers have accessibility to numerous financial products, from peer to peer payments to...
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....
‘Roadmap’ Set By European Union Banking Watchdog To Oversee Fintech: The EU’s banking watchdog laid down a roadmap that is expected to curb the current discrepancies in the regulation of the fast-paced financial technology industry while putting into consideration digital currencies. The new rules that will take effect on January...
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...
