The monetary damage caused by authorized push payment scams in 2017 among UK consumers was finally revealed to the public for the first time.
The figures released to the media shows that UK consumers lost £236 million to authorized push payment scams in 2017, the first year that Britain's banks...
According to local news outlet Korea JoongAng Daily, South Korea’s Financial Services Commission declared that rather than regulating fintech sector they would use blockchain technologies and future financial innovation to encourage further development.
Choi Jong-ku, the chairman of the FSC, said “the players in the financial service market are becoming...
Cryptocurrency market started off with a lonesome issuance of Bitcoin back in 2009, but the big boom didn’t take place until 2017 when the crypto assets finally started to get some major recognition.
Although the crypto adoption has come far, being spread across the globe, trading volumes of cryptocurrencies are...
How about paying your bill online and messaging your contact at the same time; sounds very cool right?
According to reports, Google has added chat features to its payment app in India.
Google has decided to add chat features to its Tez mobile money app to get more foothold of its...
Know These 5 Things Before Launching A Fintech Startup
Financial Technology (also known as FinTech), is the technology that aims to create a better, effective and a modern method than the current traditional methods in the delivery of financial services. Technology has greatly influenced the current financial systems and the...
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...
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...
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...
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....
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...
