The European Banking Authority (EBA) has recently released its opinion on the European Commission’s Fintech Roadmap.
Andrea Enria, the EBA’s Chairperson, said his agency will set up Knowledge Hub to make sure EU supervisors share best practices and adopt a technologically neutral approach to the application of new technologies in...
Demand for Ripple’s platform is on rise as more banks signed the contract: Ripple has been in the limelight after it has entered into assortment of deals with various financial institutions. After more than 100 institutions already using Ripple’s enterprise blockchain solution for global payments, the two prominent banks of...
EU Setting Up 23-Step Fintech Action Plan: The European Commission is laying out the particulars of its 23-Step Fintech Action Plan that would provide digital transformation support to the financial services sector. This would also create an EU Fintech Laboratory, which would lay the foundation for regulatory rules and crowdfunding...
5 Benefits of the UK Government and Australia Fintech Agreement: Every passing year the Fintech industry seems to expand more around the world. In fact, the world is moving more towards that industry and there is nothing anyone can do to check that. The UK and Australia have not been...
Bank of America is devising plans to launch over 500 new branches during next four years. This mammoth expansion is the part of a programme, which relates to the revamping of 1500 sites with new technology.
Since, customer’s interest towards digital channels is surging, banks have shuttered their physical networks...
One of the country 's four largest state-owned banks , The Industrial and Commercial Bank of China (ICBC) is seeking to certify the authenticity of digital certificates and store them in an open-network.
According to a patent application filed by the Chinese Intellectual Property Office (SIPO), the bank intends to use blockchain systems to increase...
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...
7 Initial Steps To Launching A Fintech Startup: Technology has touched everything that exists today, and so the financial industry is no exception. The traditional institutions were ingenious enough to realize the strength technology possesses. This provided them with an impetus to polish up their own tech capabilities to remain...
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 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...
