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...
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...
Fintech Disruptors Are Changing Entrepreneurship Rules. Entrepreneurship is a zero-sum game, not all start-ups manage to see the bright shinning sun of the fifth year of survival emerge. The reasons being: Not everyone fights long enough to reach the last ladder. It is more of a patience and potential...
Rise in Blockchain technology adoption: Conventional banks are increasingly adopting blockchain technology in their international payment systems. By far J.P. Morgan has been able to create the largest blockchain network for global payments solution. The bank has also announced that Royal Bank of Canada and Australia and New Zealand Banking...
Xinja prospects look promising: After acquiring Australian Credit license from regulatory authorities to disburse home loans, Xinja has become the first digital bank to make a mark in Australia. The aspiring bank also has an advantage of financing equity through crowd funding, where it was successful in gathering $1.4 million against...
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: ...
There are numerous disparities in India, for instance, both uncritical acceptance in astrology and technological applications exist side by side. Such coexistence represents the diversity of the country, a unique quality that intrigues global stakeholders. Surprisingly, the start-up network manages to evolve amid low literacy and income levels. India...
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...
Customers of the U.S. based Fintech AvidXchange, a fintech that provides accounts payable and automated payment solutions to midsize businesses, are set to get more benefits from the products they purchase from the company. AvidXchange Now Offers Account System Integrations For Purchase-to-Pay Solution This developed after AvidXchange, recently launched its first...
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...