Tag: fintech

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People’s Bank of China Backs New Blockchain-based Financial Platform

China continues its blockchain journey by creating a new finance and trading platform with the assistance of its central bank.While some countries may be...

Sending Crypto Is Now as Easy as SMS: Former Visa CEO’s Startup Solves Transaction Issues by Introducing a New Way of Transferring Funds

One of the biggest criticisms of cryptocurrencies is that they're trying to be something they're not. With a complicated and sometimes slow transaction process,...

EU Parliament Report Calls for CBDCs to Level Competition in Cryptocurrency Market

A new study from the European Parliament has called for permissioned cryptocurrencies to level the competition in the cryptocurrency market.Reshaping the Current Competition The study...

Malaysia Could Become World Leader in Islamic Finance, Says Research Agency

Malaysia has the potential to become a world leader in Islamic financial technology (fintech), according to research agency BMI.In a report from the Malay...

Japan, Singapore Fintech Associations to Work Together on Joint Projects

The Singapore FinTech Association (SFA) and the Fintech Association of Japan (FAJ) have signed a memorandum of understanding (MOU) to deliver greater financial technology within...

More than 70 Percent of Singapore Fintech Firms Think There Is Enough VC Funding Support

A new survey has found that more than 70 percent of fintech companies think there is enough venture capital funding in Singapore.EY revealed in...

Indonesia Wants to Cap Fintech Loans to Prevent ‘Loan Shark’ Business Practices

Indonesia's financial regulator is reportedly considering a cap on loans and interest rates offered by fintech companies in a bid to reduce the risk...

Hong Kong Fintech Investment More than Doubled in 2017, Jumps to $545 Million

New research shows that fintech funding in Hong Kong more than doubled in 2017 compared to the previous year.Data from Accenture analysis of data from...

UK Bank NatWest to Launch Four FinTech Hubs to Boost Entrepreneur Confidence

U.K.-based bank NatWest is to launch four new fintech hubs in Britain in a bid to boost confidence among U.K. entrepreneurs.In a report from...

African Fintech to Reach $3 Billion by 2020, Says Banking Group

A leading independent pan-African banking group has predicted that African fintech will become a US$3 billion market by 2020.Thanks to the rise of cashless...

KPMG Report: Singapore Hits Fintech Funding Record with $229 Million in 2017

Singapore fintech funding rose to a record of US$229.1 million in 2017, driven by two large deals in the fourth quarter.Two of the top...

MicroMoney Expands Worldwide Presence with New Partner in Sri-Lanka

A thriving business continues with its mission to connect unbanked people to the global economyMicroMoney, the market first blockchain credit bureau and a social...
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