S&P shows no concern over the collapse of Cryptocurrencies
The widespread popularity of the cryptocurrencies over the past year has raised eyebrows over the inherent risk in these financial instruments.
However, credit ratings agency S&P is of the view that the breakdown in the cryptocurrencies will neither disturb the stability of...
How Fintech Is Benefiting Entrepreneurs: Talking about old times, things were hard. There were less opportunities and all steps towards success were time consuming in nature.
Fast forward to 21st century, you now have internet. Thanks to Computer Science and technology, you can avail financial facilities in a matter of seconds,...
IPO Fetches £94 Million For Augmentum Fintech: A new Fintech investment company, Augmentum has secured a whopping £94 million at the Initial Public Offering just before the trading of shares on London Stock Exchange which is set for this week. Augmentum Fintech needs more money for a new firm...
Host of Mad Money, Jim Cramer had a talk show with the PayPal CEO Dan Schulman about the international potential in the technology. Shculman has stated that international states like India are helping to improve their paying systems such that accounts and credit cards are being replaced with online...
The stock market’s unpredictability this past week is old hat for experienced investors - however for newbies using low-cost micro-investment apps it prompted concern. Plus some state that these apps could inadvertently market investing behaviors that could put those users in danger, particularly in recent weeks because the Dow...
‘Roadmap’ Set By European Union Banking Watchdog To Oversee Fintech: The EU’s banking watchdog laid down a roadmap that is expected to curb the current discrepancies in the regulation of the fast-paced financial technology industry while putting into consideration digital currencies. The new rules that will take effect on January...
The monetary damage caused by authorized push payment scams in 2017 among UK consumers was finally revealed to the public for the first time.
The figures released to the media shows that UK consumers lost £236 million to authorized push payment scams in 2017, the first year that Britain's banks...
A the Fintech industry grows, many governments want to partner Fintech companies but understanding the cybersecurity these companies offer will be what may finally tip the balance in favor of a partnership between the government and these companies. Blockchain sandboxes provide a medium for such to happen. The sandboxes...
Demand for Ripple’s platform is on rise as more banks signed the contract: Ripple has been in the limelight after it has entered into assortment of deals with various financial institutions. After more than 100 institutions already using Ripple’s enterprise blockchain solution for global payments, the two prominent banks of...
Ways GCC Can Flourish In Fintech: In the last decade, digital and mobile inventions have caused distortions in key sectors and changed the expectations of consumers immensely. These technological advancements have turned the tables in the procurement of basic commodities, transportation, and socialization with the exception in the finance sector...
