5 Ways Fintech Companies Outperform Conventional Banks and 3 Reasons for Collaboration: The banking world is changing and it seems that it is being overrun by Fintech companies. The conventional banks are just starting to understand the whole digitalization and what it entails at the same attending to their customer...
Even though cooperation between fintech startups and financial institutions is growing, collaboration still emerges as the most challenging and time-consuming affair, a survey from the players of both sides reveals. After engaging to form the Fintech Innovation Lab in 2010, the Partnership Fund for New York City and Accenture have...
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,...
CLSA is currently overweighing on the banking sector in ASEAN economies. However, the Fintech sector is entirely changed in the banking sector. According to a report by the brokerage focusing solely on banking in Singapore as well as Hong Kong, the Singapore market is the best for banks currently. The changing...
R3 to enhance cooperation by launching LCoE: The blockchain coalition (R3) has opened the legal center of excellence (LCoE) in order to apprise the legal community about the nuances of the blockchain technology. In this center the professionals were briefed about different technologies such as distributed ledger technologies and Corda platform. About...
In November last year, $100 Million was raised at Dubai’s free zone. DIFCand MEVP agreed to use this Fintech fund to develop the regional technology venture capital ecosystem. It offers a global platform that connects Dubai The Dubai international Financial center is a top-rated financial organization and one of the best...
Alibaba is picking up 33% of Ant Financial, its fintech affiliate that’s valued at over $60B: Alibaba has included an extra perspective to the announcement of its most recent financial statement today with a press that it must be acquiring a 33 percent share in Ant Financial, it's fintech...
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...
Fintech firms are mitigating the fighting talk, which manifested the start of the movement where it was evident that they have no other choice but to succeed without seeking help from incumbent banks. Capgemini's World Fintech report draws a conclusion regarding 'fizzling out' of the most talked about Fintech revolution. Moving...
The Effect Of Fintech And Payments Innovations: The global payments landscape has grown tremendously over the past few years. The uncurbed and rapid evolution of online and mobile commerce has introduced many new payment methods. E-wallet, peer-to-peer payments are all products that are designed to comfort the consumers and benefit...