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...
Arizona's tax payment bill on paying cryptographic money was passed by the House of Representatives of the state, but there were some issues. The new bill is almost completely different from the old one.
According to the public records of the state, House of Representatives adopted Senate Bill 1091 on April 30 with votes 43 to 14. In addition, the measure in...
Private equity group Nordic Capital is now the owner of a majority stake in Swedish online payments provider Trustly.
Nordict Capital has recently purchased a majority stake of Trustly reportedly at around EUR700 million.
The move of Nordic Capital is very significant for the company since Trustly offers cross-border payments to...
The uncurbed growth of the Fintech Industry continues to give birth to innovation and disrupt the financial space. Industries are drawn to it, and it has become indispensable for the survival of your business to remain alert and up-to-date of the trends in Fintech.
To remain among the innovative clique,...
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...
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...
Host of Mad Money, Jim Cramer had a talk show with the PayPal CEO Dan Schulman about the international potential in the technology. Shculman has stated that international states like India are helping to improve their paying systems such that accounts and credit cards are being replaced with online...
For years, banks have traditionally controlled every data regarding their customer’s finances, but that is soon to change. Under the new Payment directive, banks are required to make available to third parties the data of their customers albeit on the request of their customers. This will mean that customers...
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:
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iZettle recently announced that it intended to launch IPO in order to raise SKr 2bn. It is intending to list on the NASDAQ exchange in Stockholm. The Fintech start-up is aiming to increase its turnover by at least 40% each and every year for the next 3 years.
JP Morgan...
