Viewing the changing landscape of the financial world, the Taiwan’s regulatory and other government agencies are intending to take the leap in this technology by launching a dedicated agency, providing various funding schemes and collaborating with the market participants. In February 2015, the FSC (Financial Supervisory Commission) took the initiative...
Danielle Szetho is no longer the Chief Executive officer at Fintech Australia. She has been in this position for almost two years and now the organization is hunting for a new executive lead while Sarah Worboys, a former accountant at chartered, will take the interim CEO position beginning March...
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 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...
Banking institutions in the United States should stay on guard in the next five years with regards to their status in the banking sector. This developed after Bain and Co made an estimate that e-commerce giantAmazon could get as much as 70 million US customers within five years if it...
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 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...
Finally it seems the usually conservative Canadian government is inclined into a review of the advantages of incorporating an open banking system allowing users to have their financial information shared. The Finance department broke the silence and came in the open air six months after giving a lead that expressed...
Fintech And Its Worldwide Impact On Businesses: How is Fintech affecting the global business? Well it is just a way of technology affecting finance in numerous weighs. So, if you are a customer wanting to pay or investor who wants to check out CFD trading ways, this take of technology...