DIFC And MEVP Strike MoU To Explore Investment Opportunities: The Dubai International Financial Center, a leading international financial hub in the MAESA community, and Middle East Venture Partners made an agreement to probe the investment and management opportunities in the Fintech’s $100Million fund. Walida Hanna, CEO at MEVP, a regional-based...
According to a report by the Bangkok Post on May 13th, a new royal decree was issued for crypto money registrations in Thailand . The hundred-part law issued by the Royal Gazette in the country describes crypto money as "digital assets and digital tokens" and places these assets under the jurisdiction of the Thai Securities Commission (SEC). According...
The European Fintech Alliance has once again fired up its tussle with the financial services establishment over PSD2 by speculating that banks will rely on below par APIs in order to avert competition. The alliance of 74 fintechs, fintech associations and challenger banks shows its distrust, as the Regulatory Technical...
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...
The UK and It's Fintech Foray : The world is gradually coming to terms with the crypto market and the role Fintech will have to play in regulation of that market. Fintech companies have not received the warmest of welcome in the UK but that may be as a...
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...
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...
You know how it's said when you and someone have an 'enemy in common', that is your new friend, right? According to the title of this article, you can guess what I am talking about here already... What is going on between Microsoft and Slack in the first place? Well,...
Italy Makes a Big Fintech Statement: The Fintech market in Italy keeps growing with over four hundred and twenty-five thousand customers and about €253 million in investment capacity. Outside Italy, the Fintech industry is growing ever faster. The country’s government knows this and has taken steps to ensure that...
The World Economic Forum is on the move to strengthen further the cybersecurity of fintech firms and data aggregators. WEF has recently formed a four member fintech cyber security consortium to battle threats against cyber security. The fintech cyber security consortium are made up of City and Kabbage,  DTCC, Hewlett Packard...