Search Results for: fintech
‘Bitcoin is dead,’ says prominent fintech exec
April 21st, 2016
Exactly three months ago, a well-known bitcoin developer, Mike Hearn, wrote a post on Medium that rocked the community of people who believe in the future of the digital currency and its technology. Bitcoin, he wrote, has failed. “It has failed ...
Accenture and Leading Financial Institutions Call for Applicants for the Asia-Pacific FinTech Innovation Lab 2016
April 18th, 2016
The Asia-Pacific accelerator program, now in its third year, mentors financial technology entrepreneurs to help accelerate product and business development Applications open today for Asia-Pacific’s third annual FinTech Innovation Lab, Accenture’s (NYSE: ACN) 12-week program that helps early- and ...
Fintech regulation has been a key agenda item at recent meetings of peak financial regulators
April 11th, 2016
The Australian Securities and Investments Commission is talking to the Monetary Authority of Singapore about an agreement to ensure that regulation does not hinder the progress of fintech start-ups looking to operate across the countries’ borders. Fintech regulation has been a key ...
UBS and Credit Suisse launch fintech accelerator
March 23rd, 2016
The two largest Swiss banks UBS and Credit Suisse, are partnering with Swisscom, Swiss Life and Ernst & Young to launch a fintech accelerator with an international target audience. Operating under the umbrella of the Kickstart Accelerator, the programme ...
FINMA reduces obstacles to FinTech
March 18th, 2016
The Swiss Financial Market Supervisory Authority FINMA has published a new circular facilitating video and online client identification. In addition to removing a number of unnecessary obstacles from its regulations, FINMA also supports the introduction of a new licensing ...
Traditional Financial Services Firms fear almost a quarter of their business is at risk from FinTechs
March 15th, 2016
FinTech companies are more bullish, believing they could capture a third of incumbents’ business Results from a PwC survey released today, which assesses the rise of new technologies in the financial services (FS) sector and their impact on market ...
Fintech funding hits all-time high in 2015, despite pullback in Q4: KPMG and CB Insights
March 11th, 2016
KPMG and CB Insights release their inaugural quarterly fintech venture capital (VC) report, highlighting a record year for venture-backed fintech startups in 2015, but waning investor appetite to close out the year. While 2015 marked a banner year for ...
The Floor promises to connect Israeli fintech with China, Hong Kong and the rest of Asia
March 3rd, 2016
The new hub will open an R&D center, collaborative workspace and host events that will link Israel’s best in financial technology with investors and partners from Beijing to Singapore Israel is known for its financial and technological prowess. It’s ...
Bank of Russia Sets Up Taskforce to Explore Bitcoin and FinTech
February 29th, 2016
It may come as quite a surprise to some people, but the Bank of Russia will be exploring what Bitcoin technology has to offer to the financial world. The status of Bitcoin in Russia seems to be changing on ...
Global regulators may propose rules for fintech: FSB’s Carney
February 29th, 2016
Global regulators may propose rules to prevent “fintech” innovations from destabilizing the broader financial system, the G20‘s Financial Stability Board said on Saturday. FSB Chairman Mark Carney said in a letter to central bankers and finance ministers from the ...
