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Fintech by Country

Goldman Sachs backed Fintech start-up Plaid gains traction in North America

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,...

Cryptocurrency Transaction Between Russia and Iran to Avoid Sanctions of Embargo

According to reports in the Russian press, Russia and Iran that are a little out of touch with the current conjuncture in the world are; took the use of cryptocurrencies on their agenda for money exchanges like cryptocurrency transaction.  It is stated that they hoped...

European Parliament: Blockchain Technology could be Very Important for Small Businesses

The European Parliament issued a statement about Blockchain. Parliament, said that they think Blockchain could be very important for small businesses. The Parliament's Research and Energy committee notes that Blockchain will play a major role for small businesses, as it will speed up the process and...

Norwegian National Bank Wants to Launch its Own Digital Currency to Support Nominal Money

According to reports in the Nordic press; The Norwegian National Bank claimed that Norges Bank could issue its own digital currency to support nominal money and increase confidence in its treasury policies. It is said that Norges Bank is starting to work to raise the central bank-supported digital...

South Korea’s Crypto Exchange UPbit Denies Fraud Claims About Unreal Balance Sheets

According to a local news source, South Korea 's largest crypto exchange, UPbit, has reported that they have conducted an internal audit and there was not any evidence of fraud. A local news source, Naver quotes the CEO of the currency saying that UPbit's balance sheets are compatible with their wallets “100%”. UPbit...

Mitsubishi UFJ Financial Group (MUFG) will Try Its Own Cryptocurrency MUFG Coin

Currently the fifth largest bank in the world, Japan’s Mitsubishi UFJ Financial Group (MUFG ) is planning to do trials with its own cryptocurrency as early as 2019. NHK, a local news source in Japan, reports that the testing of the currency, a.k.a  MUFG Coin, may include 100,000 account holders. The initial plan of MUFG was...
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