In the meeting of the House Financial Services Committee, subcommittee on Capital Markets, Securities and Investment, members of the Committee inquired from the experts about the latest technological innovation taking place in the financial world. The meeting titled “Examining the Cryptocurrencies and ICO Markets” was held on 14th March...
Remind.me is a Fintech start-up which is based in Berlin. Recently, it was able to raise over € 1 million in seed funding. There are many investors who are looking to invest in Fintech companies. That is why there is no dearth of investors who want to finance the...
Mexico just made a significant effort for an open banking revolution in their country. Recently, the Mexican Congress as approved a   bill to regulate the fintech sector, setting rules for things like cryptocurrencies and crowdfunding, and paving the way for an open banking revolution. The bill which was already approved by...
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,...
The Fintech industry in Mexico is growing at a rapid pace. In many of the cases, the banks were forced to take up the solutions and products which were provided by the Fintech industry. Many of the banks feared attempts by hackers to hack the real-time payment systems. As...
The world, in general, has witnessed a surge in the desire for cryptocurrencies. Many countries are already seeking ways to regularize the use of such currencies and Fintech companies have helped to ease the acceptance of the currencies. Bahrain is following suit as it does not want to be...
The Central bank of Iran up until now was controlling the regulations pertaining to the Fintech companies. However, recently the president of Iran also announced the relaxation of the regulations for the Fintech companies. However, many of the Fintech companies are actually confused about these regulations rather than being...
In the UK, financial authorities have searched 24 crypto money companies for the violation of compliance processes. Also known as the FCA; Since the beginning of this year, the crypto has been closely involved with the companies in the currency sector and has opened investigations one behind the other. While...
After Brexit, there were expectations that the Fintech industry and the finance industry might move away from London. As a result, many cities were trying to watch the various companies which had headquarters in London. Some of these cities included Frankfurt, Luxembourg, Dublin, Brussels. They were trying to move...
Plaid is the Fintech start-up which is backed by Goldman Sachs. It is also pretty popular in the North American continent. It helps users manage their finances. This Fintech companies are actually connecting their application with various mobile banking applications. In addition to that, it is also connected with...