The FinTech Effect on the Overseas Money Transfer Industry: Sending money from one country to a different was not particularly easy until the turn of the last century, when individuals needed to choose from banks and a few high-street forex brokers. The arrival of numerous FinTech companies within this...
All of the interest in financial services at the moment has gone to the newest kids on the block: cryptocurrencies. With bitcoin now eclipsing $15,000 and Coinbase adding over 300,000 users in one week alone, it’s easy to understand why.
While cryptocurrencies stole the spotlight, a clutch of companies were...
Financial experts said instead of being competitors credit unions and fintech should collaborate together to gain more success business.
The experts said while it is correct to think that fintech can pose a threat to traditional financial institutions, this situation is also the right time to forward-thinking organizations.
The experts explained...
Fintech industry is currently one of the most popular industries to invest in. Increasing number of investors are looking to invest in the Fintech industry. As a result, the companies that are looking to raise money are able to do so more easily.
According to the next address, which is...
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 suggestion has been made on...
In most of the cases, it has been found that Fintech companies often cater to the millennials. They often develop products which are specifically geared towards the millennials. However, the millennial market, after all, is a portion of the entire market. That is why it is high time that...
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 paper deliberated on the implication...
Fintech stalwarts to concentrate on amalgamation and adoption of the industry: The stalwarts in the Fintech industry are consistently working to increase the amalgamation of the products of the Fintech industry with various other industries. As the acceptance of the Fintech products increase, the business of the Fintech industry...
After Brexit, there were expectations that the Fintech industry and the finance industry might move away from London. As a result, many cities were trying to watch the various companies which had headquarters in London. Some of these cities included Frankfurt, Luxembourg, Dublin, Brussels. They were trying to move...
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...
