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...
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...
Square CEO Regards Bitcoin As “Transformational Technology”: Square, a digital payment firm, sees Bitcoin as a transformational technology. And, according to analysts, Square could effectively unveil a cryptocurrency platform. Square made news in 2017 when the company said it would release Cash App, a Bitcoin trading pilot program and peer-to-peer transaction...
It seems like how CrowdStrike is completely ready to sell an incredible amount of $378 of their Class A common stocks. Of course, that wouldn't sound surprising if it wasn't about the U.S. IPO. CrowdStrike's business is always needed worldwide because they are providing one of the best and most...
Amazon or no, banks are in for big changes, one analyst says What does the “Amazon effect” signify to the banking business? In the years since the 2008 financial disaster, banks have invested many billions on compliance, cleared up their balance sheets, and attempted to encourage authorities, law makers, and ordinary...
BCBS presents different scenarios in the light of emerging technology in the Banking sector. The Basel Committee on Banking Supervision (BCBS) in its latest report has analyzed the effect of Fintech firms on the emerging banking services and the future of the financial services industry. The paper deliberated on the implication...
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...
Advanced technology, backward banks and soaring wealth make China a leader in fintech Even at a European conference about fintech, one country dominated the conversation: China. This week, hundreds of fintech companies, from startups to tech giants, gathered at the Money 20/20 conference in Amsterdam, Netherlands. One key theme at the...
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...
EU Looks To Pass Bloc-Wide Laws To Help Crowdfunding Efforts. European Union officials say all companies could benefit from crowdfunding bloc-wide laws. The EU is passing new guidelines and rules about crowding, in the hopes that it brings in more startup companies. For example, a suggestion has been made on...