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Reserve Bank forms new fintech unit to show a cohesive view

The top executive of Reserve Bank said the main focus of their new fintech unit is not high frequency trading but rather to ensure there is a "cohesive view" on fintech. Reserve Bank deputy governor Francois Groepe explained that in the medium to long-term we...
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UK launched the cryptocurrency task force as part of its larger financial technology strategy

Various measures to uplift financial technology in the finance sector: UK launched the cryptocurrency task force as a part of its larger financial technology strategy. Further highlights of the day included the signing off an agreement to facilitate the UK Fintech firms to sell their...
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Fintech startups lack risk mitigation

Risk mitigation in Fintech firms: There is a cost to every new technology that is at its embryonic stage. Such cost is often quantified in the form of risk and the point the merit attention is the way insurance companies can launch products to mitigate...
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Fintech Companies Are Disrupting the $14T Mortgage Market [NEWS ANALYSIS]

Fintech, that has already disrupted the repayments, banking and financial advisory markets, is starting to go into the $14 trillion mortgage market. Because of the growing interest in digital financial solutions, there seems to be a need for electronic mortgage solutions among home sellers...
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European Banking Authority (EBA) Bares Opinion On European Commission’s Fintech Roadmap

The European Banking Authority (EBA) has recently released its opinion on the European Commission’s Fintech Roadmap. Andrea Enria, the EBA’s Chairperson, said his agency will set up Knowledge Hub to make sure EU supervisors share best practices and adopt a technologically neutral approach to the...
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Fintech Mobile Application Pockitapp Partners With Dwolla

A mobile app formed by Fintech named Pockitap; has the ability to convert change into a digital type for currency. It was founded by Matt Panzo and Steve Shamrock in the year 2016, to eliminate carrying loose change in your pockets. Co-founder Christian Chicles...
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