Joint Agreement Could Improve and Lead To More FinTech-Related Enterprises: A joint agreement by the Indian state of Maharashtra government and Singapore’s main bank – the Monetary Authority of Singapore – will lead to possible FinTech enterprises in various areas such as blockchain technology. The pact includes a Memorandum of Understanding...
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...
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...
3 Things Fintech Startups Should Learn From Big Tech Companies: Now, it is a norm to hear people saying they are going to leave their jobs in Apple or Google to start their own business in fintech. That’s certainly a course of action that many entrepreneurs are determined to take...
Recently, 5 asset managers entered into a merger with OFI Asset Management and SETL, while participating as shareowner in IZNES. This blockchain-based mutual funds network was launched in 2017, after collaborating with 4 French asset management companies. The intention behind this partnership was to run the network at full...
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,...
RegTech And Everything You Should Know About It! RegTech has become the next big thing in the recent years. Within a span of 4 to 6 years, RegTech has managed to startup a lot of new business ventures and build up its profit turnovers by huge margins as well. This...
Financial experts said instead of being competitors credit unions and fintech should collaborate together to gain more success business. The experts said while it is correct to think that fintech can pose a threat to traditional financial institutions, this situation is also the right time to forward-thinking organizations. The experts explained...
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...
Looks like digital only banks needs to reinvent itself in order to sustain its current standing in the global market. This developed after a recent survey has shown that people around the world - from India to Canada to the UK are losing interest on digital-only banks. Based on the survey...