It is not the Fintech firms rather Tech giants that is threat to banks: WEF (World economic forum) has made a startling revelation whereby the tech giants such as Facebook and Amazon are bigger threat to the banks than Fintech newbies. This revelation is backed by the WEF’s assessment that...
FinTech Australia CEO Will Step Down. Danielle Szetho, FinTech Australia’s first CEO, will leave her post after two years of lobbying successfully for changes in the country’s financial sector.
Interim CEO is Sarah Worboys
Worboys is a former chartered accountant who works actively with startup companies. In her more recent post, she...
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....
Recently, the central government of India announced that it will be setting up a proper committee for the Fintech sector. The committee will be headed by Subhash Chandra Garg, Secretary of Department of Economic Affairs. The aim of the committee will help the Fintech sector establish their business in...
Manchester and London Fintech Firms To Work Together: Modern technology and new regulations are pushing transitions in typical financial institutions in London. If these firms could join forces with the ballooning Fintech community in Manchester, they would rise to higher notches in the near future. In this era of new...
How Disruptive Is Fintech? What is a disruption? Can we attribute that word to what Fintech companies have done recently? Disruption will mean that the services offered by the previous company are replaced and then become obsolete. In simple terms, a company's services can be disrupted if a newer...
EU Setting Up 23-Step Fintech Action Plan: The European Commission is laying out the particulars of its 23-Step Fintech Action Plan that would provide digital transformation support to the financial services sector. This would also create an EU Fintech Laboratory, which would lay the foundation for regulatory rules and crowdfunding...
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 application of new technologies in...
5 Benefits of the UK Government and Australia Fintech Agreement: Every passing year the Fintech industry seems to expand more around the world. In fact, the world is moving more towards that industry and there is nothing anyone can do to check that. The UK and Australia have not been...
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,...
