Fintech firms moving in 2018: The disruptive power of the fintech firms coupled with the opportunities they provide is compelling the large tech firms to invest in such ventures. The behemoths that are participating in the Fintech start-ups are: IBM HP DELL Microsoft Accenture Globally, there are 1362 fintech companies located...
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...
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...
We believe how everyone was waiting for Uber's IPO to be out of the way, so the other unicorns can take their chances. Let's start with Peloton. It seems like how this indoor exercise startup company is thinking about going public until the end of 2019. The company has already...
Consentium Looks To Monetize Cryptocurrency Transfers. Consentium, the first multi-digital currency and group monetization chat application for Asia, was released to the public Jan. 25. The $10 million in funding raised from a private ICO sale will be used to expand to other Asian markets – China, Singapore, South Korea...
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...
It seems we are up for another tumble between two giants in the financial industry. A patent infringement lawsuit was placed against IEX by NASDAQ thus essentially prolonging the struggle between the two entities. In total, there seems to be seven patents presented in the lawsuit, and according to NASDAQ,...
Ant Financial fintech affiliate raises $14 billion to continue its global expansion Ant Financial's latest $14 billion funding round reportedly values the Alibaba affiliate at $150 billion, far more than Goldman Sachs' $88 billion. The Chinese financial services company grew out of Alipay, the digital payments system that contributed significantly to...
The developer portal of ING was used by internal employee since a long period of time. Recently, ING opened a developer portal for coders from the Fintech start-ups as well as from their clients as well. With the help of APIs they will not be able to easily test...
The FinTech Effect on the Overseas Money Transfer Industry: Sending money from one country to a different was not particularly easy until the turn of the last century, when individuals needed to choose from banks and a few high-street forex brokers. The arrival of numerous FinTech companies within this...