New technologies have recently taken the market by storm, with organizations realizing that it’s a simple matter of sinking or swimming. The decentralized economy was one of those fields where innovation and adoption going hand-in-hand. Just recently, the rising popularity of the fintech industry was put on display when traditional money transferring firm Western Union […]
Fintech
UK’s FCA Claims Fintech Firm Lanistar Has Not Received Regulatory Sanction, Company Responds
The rapid growth of the fintech industry has grabbed the attention of financial regulators all over the planet with the discussion around privacy taking priority. Europe is one of the few regions where the financial ecosystem has been taken over by digital innovation with some players trying to fly under the regulatory radar. On Wednesday, […]
PriceWaterhouseCoopers Moves Away from Fintech Arm LikeZero as Souter Steps In
Several traditional institutions all over the world have realized that integrating technology with the world of finance was a paramount factor for growth. This mantra has even forced bigwigs such as PriceWaterhouseCoopers to look closely at the way they function, especially in the data industry. Just recently, PwC revealed that they will be selling LikeZero, […]
OCC Gets Brian Brooks As Comptroller For Next 5 Years; Better Days Ahead For Crypto?
The Office of the Comptroller of the Currency also known as the OCC has sparked up in the news several times this year. From a change in management all the way to US Congress calling out the current Comptroller for his interest in crypto, the OCC has time again made it to the headlines. The […]
China Refocuses its Fintech Directives as Government Looks to Launch Regulations for Lending Companies
Over the last few years, the world of fintech has changed, with many traditional institutions taking a keen interest in the industry. As the blockchain sector shed more light on the usability of integrating technology with finance, even state governments stood up to take note of what was happening. China has been heavily involved in the […]
Singapore Steers Towards Digitalization; Tenancy Deals Will Now Use Digital Signatures
Limiting the human touch, the deadly COVID-19 virus urged the need for digitalization. While the pandemic caused destruction to life as well as the economy, governments and several sectors realized the importance of going digital. The real estate industry seems to be the latest jump onto the digitalization bandwagon. Digitalization Of Real Estate In Singapore […]
Belgium’s KBC Set to Launch ‘Kate’, a Digital Assistant Powered by AI for the World of Fintech
The financial world is constantly evolving with several daily processes being taken care of by digital or artificial assistants. This shift in the use of technology has enabled us to explore and focus our research on more complicated matters. The Belgian banking giant KBC was the latest member to be bitten by a digital bug […]
Brazil’s Nubank Pledges 20 Million Reais Towards Education of Black People After Co-founder’s Racist Comments
The past couple of months has seen changes in multiple industries, be it in the world of finance or social justice. Sectors such as financial technology have taken rapid steps to be more inclusive of the latest trends while staying focused on core values. Just recently, fintech giant Nubank got caught up in controversy after […]
Crypto Gets A Boost In the Netherlands; First Crypto Company Registers In The Country Since AMLD5
Even though the crypto industry started out as a decentralized platform, with no association with the centralized financial institutions of the society, things have taken a steep turn. However, things seem to be changing now as people have begun abusing the freedom they acquire through the crypto industry. Hence the government has been getting involved […]
Singapore Ups its Blockchain Game with Singapore Life Philippines – Galileo Platforms Partnership
Blockchain technology has come a long way since its inception with the concept of having being adopted by multiple industries of late. from being shunned because of its association with cryptocurrencies, blockchain technology has made a name for itself for being fast and secure. The blockchain industry got one more win recently when major insurance […]