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...

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...

As Washington retreats, what’s next for consumer finance regulation? What has the change of leadership in Washington intended for regulating customer financial products - and what will it imply later on? The federal government is stepping back, and also the states are taking the initiative, based...

EU Looks To Pass Bloc-Wide Laws To Help Crowdfunding Efforts. European Union officials say all companies could benefit from crowdfunding bloc-wide laws. The EU is passing new guidelines and rules about crowding, in the hopes that it brings in more startup companies. For example, a...

BCBS presents different scenarios in the light of emerging technology in the Banking sector. The Basel Committee on Banking Supervision (BCBS) in its latest report has analyzed the effect of Fintech firms on the emerging banking services and the future of the financial services industry. The...

There are numerous disparities in India, for instance, both uncritical acceptance in astrology and technological applications exist side by side. Such coexistence represents the diversity of the country, a unique quality that intrigues global stakeholders. Surprisingly, the start-up network manages to evolve amid low...