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Bank of Armed Forces Criticizes Mastercard for Stopping Card Service in Venezuela
5.9.2019
One country that has been in the middle of a prolonged economic depression is Venezuela and despite the country’s vast reserves of oil, there seems to be no way out for the citizens. The country is suffering from severe food shortages, runaway inflation, and other troubles that one associated with...
Cross Border Payment Fintech Firm Chipper Cash Expands to Nigeria
5.9.2019
Fintech had come a long way since the days of PayPal when the payments company emerged as a novelty of sorts and took the world by storm. However, over the next decade, very few Fintech companies came along. All that changed around half a decade ago when Fintech made a remarkable comeback due...
Large Number of Goldman Sachs Partners Could Exit by the End of 2019
5.9.2019
Over the past decades, Goldman Sachs has grown into the world’s most powerful investment bank, and one of the biggest reasons behind its success has been its ability to take decisive steps early. It may be about its investment decisions, adoption of new technology, or the possibility of bringing...
Mastercard Joins Blockchain-Powered Trade Finance Consortium Marco Polo
4.9.2019
Mastercard has joined the Marco Polo trade finance consortium founded by blockchain startup R3 and fintech firm TradeIX
Singapore Firms Sign 17 Deals with Companies in Sichuan
4.9.2019
Singapore and China have always had deep business ties, and over the past decades, those ties have only been strengthened. While China has become the world’s second-biggest economy, Singapore has also become one of the world’s foremost financial hubs and one of the most dynamic business-friendly...
Indian Government’s New Report Views Crypto Positively
4.9.2019
A new Indian government report has put cryptocurrency in a positive light, viewing the mechanisms surrounding it, including initial coin offerings, as “revolutionizing the global fintech landscape.” The report also discusses the regulation of coins and tokens. Also read: Indian...
AlphaCode of South Africa Invests $1.5 Million in Three Domestic Fintech Startups
4.9.2019
The growth in technological innovation and the easy availability of cheap internet has made it possible for Fintech to grow at a breakneck pace over the past few years. The Fintech industry has become one of the biggest disruptors in the financial sector over the past half a decade and it...
$23 Million Fintech Startup Fund Established by Accion Venture Lab
4.9.2019
For the past five years or so, the Fintech sector has grown at a breakneck pace and has quickly become a multibillion-dollar industry spread across the world. The easy availability of data, the advancements in technology and the innovative ideas of a range of Fintech startups have made the industry...
Hedge Fund Eminence Capital Plans to Derail £9 Billion Just Eat Merger
3.9.2019
Over the course of the past few years, food delivery has become one of the biggest tech businesses in the world, and new food delivery applications are being launched all over the world at a breakneck pace. In this regard, the United Kingdom is one of the biggest markets in the world, and one...
Cashwerkz Introduces a New Fintech Platform
3.9.2019
The march of Fintech has been a relentless one over the past few years, and if one looked closely, then it becomes quite clear that it is going to continue for the foreseeable future. Fintech is all set to become one of the biggest industries in the world, and investors are investing hundreds...
High-Level Indian Panel Working on Far-Reaching Reforms in Country’s Fintech Sector
3.9.2019
The Fintech sector has become one of the fast-growing sectors globally, and it has become an important sector in India as well, which remains one of the biggest economies in the world. The government of India has pushed the usage of Fintech solutions for the everyday transaction and came up with...
Fitch Ratings Says Singapore’s Big 3 Banks are in No Danger from Newly Launched Digital Banks
3.9.2019
The development of technology and the wider Fintech sector is believed by many to be one of the biggest threats to traditional banks in many years and for a good reason. Moreover, the establishment of digital-only banks is often viewed as a potential threat and with easy availability of smartphones...
HSBC Targets China Trade With Yuan-Demoninated Blockchain Letter of Credit
3.9.2019
HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan
Indian IT Giant Tech Mahindra to Launch Blockchain Finance Management
3.9.2019
Tech Mahindra partnered with DLT startup Adjoint to launch a blockchain financial management and insurance solution
HSBC Completes First Blockchain Letter of Credit Transaction in Yuan
2.9.2019
HSBC conducted the first blockchain-based yuan-denominated letter of credit transaction using R3’s Corda-powered Voltron platform
SoftBank’s Brightstar and Wirecard Ink Cooperation Agreement
2.9.2019
The growth in Fintech has been nothing short of extraordinary over the past half a decade or so, and it is going to continue for the foreseeable. The development of technology and the wide use of smartphones as well as the internet made it possible for the Fintech industry to grow at a breakneck...
Discuss the Future of Blockchain, Finance, and Business at Hard Fork Summit
2.9.2019
Hard Fork Summit by TNW is back for its second edition. For three days in October, digital leaders in finance, regulation, and blockchain will come together to do business and discuss a new era of fintech and decentralized business models. Hosted in Amsterdam, The Netherlands, the program includes...
Kedaara Capital Considering Investment in Indian Eyewear Startup Lenskart
2.9.2019
The Indian startup space has grown at a breakneck pace over the past decade or so, and a handful of companies have come up that have grown into high growth unicorns. Those firms are involved in a range of businesses, and there is a hope that more startups will eventually join that coveted club....
Why the Birth of Bitcoin Can Be Traced Back to 1971
1.9.2019
The world economy is a complex system that has undergone many different phases in the past century. As strange as it may sound today, there have been times when banking crises were rare, pay was rising alongside productivity, and the U.S. dollar would buy a certain amount of pure gold. Despite...
Amanie Advisors Support Ether’s Compliance With Islamic Finance Law
31.8.2019
Islamic finance and Sharia advisory firm Amanie Advisors put forward Ether’s compliance with Islamic religious law