5 Benefits of the UK Government and Australia Fintech Agreement: Every passing year the Fintech industry seems to expand more around the world. In fact, the world is moving more towards that industry and there is nothing anyone can do to check that. The UK and Australia have not been...
FCA call for input to incorporate technology in its systems. FCA (Financial Conduct Authority) of UK has taken the initiative to call for input in the use of technology to ensure effective and efficient regulation. In order for the regulated firms to provide accurate, efficient and consistent regulatory reports,...
After successfully raising $20 million in a sold-out token sale, British blockchain-based banking platform Babb is now setting its eyes on establishing its first ever  bank accounts before the end of the year. The move is quite ambitious for the FCA-authorized payment institution Babb (Bank Account Based Blockchain) since they...
Various measures to uplift financial technology in the finance sector: UK launched the cryptocurrency task force as a part of its larger financial technology strategy. Further highlights of the day included the signing off an agreement to facilitate the UK Fintech firms to sell their products and services in Australia...
Fintech firms moving in 2018: The disruptive power of the fintech firms coupled with the opportunities they provide is compelling the large tech firms to invest in such ventures. The behemoths that are participating in the Fintech start-ups are: IBM HP DELL Microsoft Accenture Globally, there are 1362 fintech companies located...
The monetary damage caused by authorized push payment scams in 2017 among UK consumers was finally revealed to the public for the first time. The figures released to the media shows that UK consumers lost £236 million to authorized push payment scams in 2017, the first year that Britain's banks...
The agreements between countries to harmonize the Fintech related standards have recently been in the limelight. With the UK-China alliance initiated by BGTA, both the countries agreed on knowledge sharing and supported the growth of cross-border fintech activity. The primary purpose of BGTA is to benefit the UK by acting...
Fintech industry Highlights: Fintech as an innovation is driving the future of financial industry. It emerged as a missing link between the conventional financial services and a future world of finance. However, it is pertinent to delve into history in order to understand the emergence of these financial and technological...
The UK and It's Fintech Foray : The world is gradually coming to terms with the crypto market and the role Fintech will have to play in regulation of that market. Fintech companies have not received the warmest of welcome in the UK but that may be as a...