Tag: financial technology

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Banks Admit They Cannot Keep Up With FinTech Companies

Banks Admit They Cannot Keep Up With FinTech Companies

Major global banking institutions have recently admitted they are lagging behind Chinese FinTech firms due to the growing popularity of mobile payment options. Jing Ulrich, a vice president of JPMorga ...
An Agreement Between The UK And Canada Stimulates FinTech Expansion

An Agreement Between The UK And Canada Stimulates FinTech Expansion

Regulators in the UK and Canada have signed an agreement that makes it easier for financial technology companies to cooperate and expand on both markets.The UK`s Financial Conduct Authority (FCA) ...
First FinTech Inclusion Fund Raises $141 Million

First FinTech Inclusion Fund Raises $141 Million

The first FinTech fund created to raise money for the underserved has closed, reaching millions in capital contributions.The Accion Frontier Inclusion Fund, managed by Quona Capital, is a global n ...
Ireland And Germany To Compete For The FinTech Lead

Ireland And Germany To Compete For The FinTech Lead

Ireland and Germany are said to attempt taking the top spot as Europe`s FinTech hub once the UK leaves the European Union, as stated by co-founder and partner at B Capital Group.According to Raj G ...
Iran Launches a FinTech Association

Iran Launches a FinTech Association

The Iranian financial technology companies have united to come up with Irans FinTech Association following the suggestions of the Central Bank of Iran. Earlier on in January, the Iran’s Tejrat Bank ch ...
Asia Turns Its Attention Towards FinTech

Asia Turns Its Attention Towards FinTech

A report by Accenture has found that Asia continues to demonstrate its interest in financial technology. Global investment in financial technology venture firms grew with 10% in 2016, fueled by huge i ...
Asian FinTech start-ups with record funding in 2016

Asian FinTech start-ups with record funding in 2016

FinTech start-ups in Asia gained a record $5.4 billion in venture-capital funding last year as compared to $4.8 billion in 2015, as recent financial technology survey shows.Venture capital researc ...
Report: Nigerian retail banking to be disrupted by FinTech

Report: Nigerian retail banking to be disrupted by FinTech

A recent report has shown that retail banking and fund transfers in Nigeria are expected to be the most affected by FinTech over the next five years.The Nigeria FinTech Survey 2017 was conducted b ...
Hong Kong Financial markets authority joins R3 blockchain consortium

Hong Kong Financial markets authority joins R3 blockchain consortium

The Securities and Futures Commission, an independent statutory authority that regulates the securities and futures markets in Hong Kong, is joining the R3-led financial blockchain consortium.As t ...
Brexit Uncertainty leads to decrease in FinTech funding in the UK

Brexit Uncertainty leads to decrease in FinTech funding in the UK

A recent study by Innovate Finance and Pitchbook has found that investment in the financial technology sector in the UK fell in 2016 to 33.7 percent while China and the US dominated the industry.T ...
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