R3 to enhance cooperation by launching LCoE: The blockchain coalition (R3) has opened the legal center of excellence (LCoE) in order to apprise the legal community about the nuances of the blockchain technology. In this center the professionals were briefed about different technologies such as distributed ledger technologies and Corda platform. About...
7 Initial Steps To Launching A Fintech Startup: Technology has touched everything that exists today, and so the financial industry is no exception. The traditional institutions were ingenious enough to realize the strength technology possesses. This provided them with an impetus to polish up their own tech capabilities to remain...
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...
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...
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...
Know These 5 Things Before Launching A Fintech Startup Financial Technology (also known as FinTech), is the technology that aims to create a better, effective and a modern method than the current traditional methods in the delivery of financial services. Technology has greatly influenced the current financial systems and the...