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...
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 products and services in Australia...
A recent research has established that, despite the common belief that digital currencies operate generally outside the realm of government regulations, regulatory actions still have a great influence on crypto prices. The research was conducted by the Bank for International Settlements (BIS), a financial institution comprising of 60 world...
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...
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...
The conventional monetary dealings have internationally experienced a major change that has been realized by technology and advancement. In 2015, in excess of 12,000 new businesses grew in the Fintech space over the world with an enormous assumption of USD 19 billion. By definition, Fintech involves IT – based...
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...
Finally it seems the usually conservative Canadian government is inclined into a review of the advantages of incorporating an open banking system allowing users to have their financial information shared.
The Finance department broke the silence and came in the open air six months after giving a lead that expressed...
Mexico just made a significant effort for an open banking revolution in their country.
Recently, the Mexican Congress as approved a bill to regulate the fintech sector, setting rules for things like cryptocurrencies and crowdfunding, and paving the way for an open banking revolution.
The bill which was already approved by...
Viewing the changing landscape of the financial world, the Taiwan’s regulatory and other government agencies are intending to take the leap in this technology by launching a dedicated agency, providing various funding schemes and collaborating with the market participants.
In February 2015, the FSC (Financial Supervisory Commission) took the initiative...
