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...
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...
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...
An independent beta of multi-currency has been recently launched by a Canadian startup, Shakepay. Being a peer-to-peer (P2P) mobile wallet, it allows users to purchase and sell various Cryptocurrencies including Bitcoin. This is a one-click platform for Canadians to buy bitcoin by simply using their smartphones. Moreover, users can send...
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...
FinTech Conference Brings Together Numerous Industry Rep and Policy Makers AVP - MT Sales Executive of Nasdaq Tony Sio recently took part in an Artificial Intelligence & Robo Advice seminar during the second annual FinTech Conference held in Brussels on Feb. 27. Sio made multiple points during his speech such as: ...
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...
US Bank has entered into a partnership with Autogravity (financial technology startup) to be the nation's latest financial institution to serve the car-loving Americans through a streamlined loan-application procedure. Car buyers can access the new online tool of US Bank and choose their car, pick a dealership and acknowledge the...
How about paying your bill online and messaging your contact at the same time; sounds very cool right? According to reports, Google has added chat features to its payment app in India. Google has decided to add chat features to its Tez mobile money app to get more foothold of its...
5 Ways Fintech Companies Outperform Conventional Banks and 3 Reasons for Collaboration: The banking world is changing and it seems that it is being overrun by Fintech companies. The conventional banks are just starting to understand the whole digitalization and what it entails at the same attending to their customer...