The Britain’s desire to remain one of the financial hubs of the world has recently received the impetus, when the Chancellor Philip Hammond disclosed the Fintech strategy. The strategy is poised to guide, promote and encourage the financial innovation through technology. With Financial Services Trade and Investment Board to identify...
After successfully raising $20 million in a sold-out token sale, British blockchain-based banking platform Babb is now setting its eyes on establishing its first ever  bank accounts before the end of the year. The move is quite ambitious for the FCA-authorized payment institution Babb (Bank Account Based Blockchain) since they...
Fintech Disruptors Are Changing Entrepreneurship Rules. Entrepreneurship is a zero-sum game, not all start-ups manage to see the bright shinning sun of the fifth year of survival emerge. The reasons being: Not everyone fights long enough to reach the last ladder. It is more of a patience and potential...
FCA call for input to incorporate technology in its systems. FCA (Financial Conduct Authority) of UK has taken the initiative to call for input in the use of technology to ensure effective and efficient regulation. In order for the regulated firms to provide accurate, efficient and consistent regulatory reports,...
Degussa and Giromatch collaborate to improve banking services: Degussa Bank and Giromatch, a local fintech firm, has joined hand with each other. Through this deal, Giromatch would provide intelligent solutions to enable Degussa Bank for smart credit decision making. Such services will be rendered through the utilization of Giromatch’s white-labeled direct API-based...