Category: Fintech and Innovation

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Hong Kong`s Central Bank Signs A Deal With China

Hong Kong`s Central Bank Signs A Deal With China

The Hong Kong Monetary Authority (HKMA), the central bank, is entering into a collaborative agreement with the neighboring city of Shenzhen in China. ...
“Clear-Chain” Is Already On The Market In India

“Clear-Chain” Is Already On The Market In India

India`s BankChain consortium, a working group of Indian banks working on blockchain solutions, completed its first project “Clear-Chain”, a platform, ...
Transferwise Launches A Borderless Bank Account

Transferwise Launches A Borderless Bank Account

London-based fintech company Transferwise has reportedly created a “borderless” bank account that is to work across countries without any transfer fee ...
EU`s PSD2: A Game-Changer For Banks & Online Businesses

EU`s PSD2: A Game-Changer For Banks & Online Businesses

The revised European Directive on Payment Services in the internal market (2015/2366/EU), named “PSD2”, is to be implemented across all EU Member Stat ...
Watchdogs In UK & Hong Kong To Sign A FinTech Cooperation Deal

Watchdogs In UK & Hong Kong To Sign A FinTech Cooperation Deal

Hong Kong`s Securities and Futures Commission (SFC) has closed an agreement with the UK`s Financial Conduct Authority (FCA) to work in collaboration o ...
Estonian E-Residents Can Now Set Up Bank Accounts Online

Estonian E-Residents Can Now Set Up Bank Accounts Online

Estonian e-residents can set up borderless businesses, online bank accounts and even get a digital ID for the country. Ahead of Brexit, statistics ...
DLT Won`t Replace Canada`s Payment System

DLT Won`t Replace Canada`s Payment System

It is unlikely that Canada`s Central Bank will launch a wholesale payment system that relies solely on distributed ledger technology (DLT), as one of ...
Dubai Regulator Encourages Local FinTech

Dubai Regulator Encourages Local FinTech

The Dubai Financial Services Authority (DFSA) is reportedly lowering barriers for FinTech firms with a new license to foster innovation in the financi ...
Financial Institution Citi To Work Along With Stock Exchange Nasdaq

Financial Institution Citi To Work Along With Stock Exchange Nasdaq

Global financial institution Citi and stock exchange Nasdaq are joining forces on a new blockchain payments project. The two institutions are said to ...
Blockchain Bitt Is To Start A Cross-Caribbean Network

Blockchain Bitt Is To Start A Cross-Caribbean Network

Barbados-based blockchain start-up Bitt has reportedly announced its plans to create a Caribbean-wide settlement network. This might be a challenge ...
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