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...
Viewing the changing landscape of the financial world, the Taiwan’s regulatory and other government agencies are intending to take the leap in this technology by launching a dedicated agency, providing various funding schemes and collaborating with the market participants.
In February 2015, the FSC (Financial Supervisory Commission) took the initiative...
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...
The Securities and Exchange Commission is dead serious to punish the agencies that cause disruption to market events.
Recently, SEC ordered the New York Stock Exchange to pay $14 million fine for multiple breakdowns and regulatory violations.
The SEC move came after they conducted five separate investigations on Nyse.
These five investigations...
The head of the European Banking Authority has no intention at the moment to regulate cryptocurrency.
EBA chairperson Andrea Enria said instead of regulation a "nuance approach" is the better way to deal with cryptocurrency concerns.
In a recent speech, Enria said instead of regulation, cryptocurrencies should be subject to full...
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...
US Bank has entered into a partnership with Autogravity (financial technology startup) to be the nation's latest financial institution to serve the car-loving Americans through a streamlined loan-application procedure.
Car buyers can access the new online tool of US Bank and choose their car, pick a dealership and acknowledge the...
Square seems to be one entity that is hitting the jackpot after a late past Tuesday that revealed some really mouthwatering figures.
The company registered a hooping 7 million users in December last year which is a fit that a handful of companies can live up to.
As if that is...
