Degussa and Giromatch collaborate to improve banking services: Degussa Bank and Giromatch, a local fintech firm, has joined hand with each other. Through this deal, Giromatch would provide intelligent solutions to enable Degussa Bank for smart credit decision making. Such services will be rendered through the utilization of Giromatch’s white-labeled direct API-based...
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...
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...
DIFC And MEVP Strike MoU To Explore Investment Opportunities: The Dubai International Financial Center, a leading international financial hub in the MAESA community, and Middle East Venture Partners made an agreement to probe the investment and management opportunities in the Fintech’s $100Million fund. Walida Hanna, CEO at MEVP, a regional-based...
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...
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...
Danielle Szetho is no longer the Chief Executive officer at Fintech Australia. She has been in this position for almost two years and now the organization is hunting for a new executive lead while Sarah Worboys, a former accountant at chartered, will take the interim CEO position beginning March...
Banking institutions in the United States should stay on guard in the next five years with regards to their status in the banking sector. This developed after Bain and Co made an estimate that e-commerce giantAmazon could get as much as 70 million US customers within five years if it...
The Change Fintech Is Bringing In Banking:  The world has gone fast in previous years. Time is precious these days and in the world of business, if you are not keeping yourself busy on the right spot, you aren’t on the path to success. Yesterday – Today and Tomorrow The world has...
Xinja prospects look promising: After acquiring Australian Credit license from regulatory authorities to disburse home loans, Xinja has become the first digital bank to make a mark in Australia. The aspiring bank also has an advantage of financing equity through crowd funding, where it was successful in gathering $1.4 million against...