With the exit of UK next year, EU is trying to attract the fintech industry. Currently, London is the financial capital of the world. However, once it is separated from EU, it is expected that many companies will be looking for an alternative place for setting up the headquarters....
According to a local news source, South Korea 's largest crypto exchange, UPbit, has reported that they have conducted an internal audit and there was not any evidence of fraud. A local news source, Naver quotes the CEO of the currency saying that UPbit's balance sheets are compatible with their wallets “100%”. UPbit was investigated by financial regulators...
The students in Brunel University London, have developed a contactless tipping system. All you need to do is to just touch it with your smartphone and with the help of the application; you will be able to send the tip. You will be able to easily input the amount...
The Intended Success Of FinTech In South Africa: South Africa has long been recognized as the hub of financial technology development in the continent, and 2018 is seen as the year when it will accept cutting edge breakthroughs with open arms. The following facets are where FinTech has played an active...
Global Kinetic team up again with their security partners and industry leaders Entersekt to make FutureBank a leading digital banking platform with additional payment features San Francisco, CA - April 9 – Global Kinetic announced today at LendIt Fintech USA, the world’s leading event in financial services innovation, that it...
Nasdaq Inc. and Bank of America Corp. CEOs said crypto currencies are a threat and need to be regulated. According to Bloomberg, Nasdaq CEO Adena Friedman and Bank of America CEO Brian Moynihan spoke at a conference in New York hosted by MIT Sloan School of Management. According to Friedman, ICOs must...
Disruptive technology in financial services come with challenges that need time to solve. The financial sector is increasing its investments in Fintech firms as the research suggests that customers go for the idea of on-demand finance. This is to challenge the agility and flexibility afforded by the Fintech firms that make...
According to Reuters ' report dated May 14, ECB board member Yves Mersch stressed that banks must "segregate" their commercial transactions with crypto money from other transactions. Mersch stated that the tokens could not be "seen as money" because the crypto market had too much ambiguity, and that those who used it, as well as traders, banks,...
Consent Based SSN Verification (CBSV) direct from the Social Security Administration (SSA) SAN FRANCISCO, CA – Monday, April 9th 2018 – IDValidation announced today at LendIt Fintech USA, the world’s leading event in financial services innovation, IDValidation will be showcasing their governmental verification solutions to the lending community and Stops...
It definitely seems like how the housing market has some serious issues. We were able to see some strange things happening in the last year, yet, the things haven't improved much yet. When it comes to mortgage application's mortgage, we can now see how it has increased its volume for...