DIFC And MEVP Strike MoU To Explore Investment Opportunities: The Dubai International Financial Center, a leading international financial hub in the MAESA community, and Middle East Venture Partners made an agreement to probe the investment and management opportunities in the Fintech’s $100Million fund. Walida Hanna, CEO at MEVP, a regional-based...
The top executive of Reserve Bank said the main focus of their new fintech unit is not high frequency trading but rather to ensure there is a "cohesive view" on fintech.
Reserve Bank deputy governor Francois Groepe explained that in the medium to long-term we will have to look at...
Private equity group Nordic Capital is now the owner of a majority stake in Swedish online payments provider Trustly.
Nordict Capital has recently purchased a majority stake of Trustly reportedly at around EUR700 million.
The move of Nordic Capital is very significant for the company since Trustly offers cross-border payments to...
Ways GCC Can Flourish In Fintech: In the last decade, digital and mobile inventions have caused distortions in key sectors and changed the expectations of consumers immensely. These technological advancements have turned the tables in the procurement of basic commodities, transportation, and socialization with the exception in the finance sector...
The head of the European Banking Authority has no intention at the moment to regulate cryptocurrency.
EBA chairperson Andrea Enria said instead of regulation a "nuance approach" is the better way to deal with cryptocurrency concerns.
In a recent speech, Enria said instead of regulation, cryptocurrencies should be subject to full...
The government after economic analysis expects a growth of about 3.8% in the country's GDP.
Innovation and comprehensive technology advancement have been planned for, and the country has earmarked more than HK$ 50 billion ($6.4 billion) as stated by Paul Chan the country's Financial Secretary
The Public health...
