The Britain’s desire to remain one of the financial hubs of the world has recently received the impetus, when the Chancellor Philip Hammond disclosed the Fintech strategy. The strategy is poised to guide, promote and encourage the financial innovation through technology. With Financial Services Trade and Investment Board to identify...
With the exit of UK next year, EU is trying to attract the fintech industry. Currently, London is the financial capital of the world. However, once it is separated from EU, it is expected that many companies will be looking for an alternative place for setting up the headquarters....
Recently, the central government of India announced that it will be setting up a proper committee for the Fintech sector. The committee will be headed by Subhash Chandra Garg, Secretary of Department of Economic Affairs. The aim of the committee will help the Fintech sector establish their business in...
FinTech Australia CEO Will Step Down. Danielle Szetho, FinTech Australia’s first CEO, will leave her post after two years of lobbying successfully for changes in the country’s financial sector. Interim CEO is Sarah Worboys Worboys is a former chartered accountant who works actively with startup companies. In her more recent post, she...
Recently, 5 asset managers entered into a merger with OFI Asset Management and SETL, while participating as shareowner in IZNES. This blockchain-based mutual funds network was launched in 2017, after collaborating with 4 French asset management companies. The intention behind this partnership was to run the network at full...
An independent beta of multi-currency has been recently launched by a Canadian startup, Shakepay. Being a peer-to-peer (P2P) mobile wallet, it allows users to purchase and sell various Cryptocurrencies including Bitcoin. This is a one-click platform for Canadians to buy bitcoin by simply using their smartphones. Moreover, users can send...
Could Fintech Be in a Bubble? While skeptics declare the fintech bubble will quickly burst, most professionals think this revolutionary field will keep on flourishing. Fintech, short for financial technology, became a main buzzword in 2015. That’s whenever a group of fintech startups emerged and distinct they would interrupt...
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: ...
According to reports, prosecutors in South Korea raided the UPbit , the biggest crypto money market in the country . According to CoinDesk Korea , auditors from the Prosecutor's Office in the southern Seoul region were searching for the headquarters in the Gangnam-gu district of the stock exchange on May 10-11 . UPbit is suspected for the charge of transferring the funds of the account...
Manchester and London Fintech Firms To Work Together: Modern technology and new regulations are pushing transitions in typical financial institutions in London. If these firms could join forces with the ballooning Fintech community in Manchester, they would rise to higher notches in the near future. In this era of new...