7 Things That Will Shape the Future of Fintech: Fintech companies should get ready for a quickly shifting market driven by new regulations and modifications in consumer behavior, based on a written report by McKinsey & Company. The consultancy recently released new information outlining seven critical elements of these...
Everyone is talking about this banner year that is connected to all those venture-backed tech IPOs. Is it over? Not at all! Actually, it is far from over! We can easily come to a conclusion how 2019 will at some point smash all those records related to any kind...
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...
Fintech stalwarts to concentrate on amalgamation and adoption of the industry: The stalwarts in the Fintech industry are consistently working to increase the amalgamation of the products of the Fintech industry with various other industries. As the acceptance of the Fintech products increase, the business of the Fintech industry...
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...
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,...
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...
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...
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...
IA aims to enhance technology adoption in the asset management by declaring to inaugurate VeloCity: The Investment Association (IA) has announced that it will be opening a Fintech accelerator by the name of VeloCity. This is an asset management industry’s bid to rapidly adopt innovative technologies. In this regard the association...