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Facebook has announced to form a Blockchain team. There is no detail about what the team will focus on but we can assume that there will be some on data processing and most importantly about payment options. Facebook, a media company, has already disrupted banking system with direct payment...
Fintech stalwarts to concentrate on amalgamation and adoption of the industry: The stalwarts in the Fintech industry are consistently working to increase the amalgamation of the products of the Fintech industry with various other industries. As the acceptance of the Fintech products increase, the business of the Fintech industry...
Today, Yahoo Finance introduced an amazing app which is known as Tanda and this app helps small organizations that consist of eight to nine employees to save money collectively for their short-term plans. Basically, the concept is all people save some money from their salaries and each month one...
It is not the Fintech firms rather Tech giants that is threat to banks: WEF (World economic forum) has made a startling revelation whereby the tech giants such as Facebook and Amazon are bigger threat to the banks than Fintech newbies. This revelation is backed by the WEF’s assessment that...
Top Fintech firms defining the future industry structure: Blockchain, artificial intelligence, and big data are the pillars that are driving the future of financial technology. These technologies are making the banking faster, safer and cost-effective for the customers. The top nine fintech companies that avid reader should look at are: ...
It turned out that Mastercard, one of the world's largest payment system giants , applied to get a patent on a system that would quickly add nods to the Blockchain network. MasterCard aims to increase the speed in the nods determined by this mark, as the document that can be seen on the official...
7 Things That Will Shape the Future of Fintech: Fintech companies should get ready for a quickly shifting market driven by new regulations and modifications in consumer behavior, based on a written report by McKinsey & Company. The consultancy recently released new information outlining seven critical elements of these...
Pintec Technology is a Chinese Fintech from. It has recently tied up with United overseas bank Ltd. The joint venture will build a product which will assess the credit provider of the consumers in order to provide them with better financial products and solutions. The joint venture will work...
Innovation in the Fintech sector continues: A $100 million joint venture was announced between The German fintech incubator FinLab AG and Block.one, developer of the Blockchain software platform EOS.IO. The main aim is to develop projects that would incorporate EOS software. One of the partner in the joint venture is...
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...