Facebook has announced to form a Blockchain team. There is no detail about what the team will focus on but we can assume that there will be some on data processing and most importantly about payment options. Facebook, a media company, has already disrupted banking system with direct payment...
CLSA is currently overweighing on the banking sector in ASEAN economies. However, the Fintech sector is entirely changed in the banking sector.
According to a report by the brokerage focusing solely on banking in Singapore as well as Hong Kong, the Singapore market is the best for banks currently.
The changing...
The number of job vacancies for the IT professionals are increasing in the Fintech sector. The Fintech sector is also paying higher average salaries as compared to the IT sector. With the increasing number of vacancies, professionals are opting for jobs in the Fintech sector.
If you look at the...
Most of the Fintech start-ups are able to raise capital pretty easily. The venture capital firms, as well as investors, are pouring in dollars in Fintech start-ups. However, many individuals actually worry about the survival of the start-ups. The finance industry consists of behemoths which are reluctant to know...
Innovation in the Fintech sector continues: A $100 million joint venture was announced between The German fintech incubator FinLab AG and Block.one, developer of the Blockchain software platform EOS.IO. The main aim is to develop projects that would incorporate EOS software.
One of the partner in the joint venture is...
Consentium Looks To Monetize Cryptocurrency Transfers. Consentium, the first multi-digital currency and group monetization chat application for Asia, was released to the public Jan. 25. The $10 million in funding raised from a private ICO sale will be used to expand to other Asian markets – China, Singapore, South Korea...
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 have a lot of experience...
7 Things That Will Shape the Future of Fintech: Fintech companies should get ready for a quickly shifting market driven by new regulations and modifications in consumer behavior, based on a written report by McKinsey & Company. The consultancy recently released new information outlining seven critical elements of these...
The Importance Of Smart Analytics For Fintech Startups: Financial technology has evolved through time and is a trend in the world. With this evolution, fintech has become popular too. But investments are certainly slacking off, which is probably an indicator that certain verticals in such industry are undoubtedly reaching their...
R3 to enhance cooperation by launching LCoE: The blockchain coalition (R3) has opened the legal center of excellence (LCoE) in order to apprise the legal community about the nuances of the blockchain technology.
In this center the professionals were briefed about different technologies such as distributed ledger technologies and Corda platform.
About...
