Search Results for: fintech
Tyro recruits PayPal exec
January 23rd, 2017
In a statement released today, Tyro, which describes itself as “Australia’s fast growing nextgen bank”, announced that Mr Al-Bassam will head up the company’s product development operations, while current head of product and engineering, Paul Peterson, will take on ...
Leveraged trading in bitcoins halted in China
January 20th, 2017
Central Bank orders major trading platforms to halt leveraged trading business, and strengthen internal systems to curb money laundering Leveraged trading in Bitcoins has been halted in China, nearly a week after the central bank launched its first-ever probe ...
DFS grants virtual currency license to Coinbase
January 18th, 2017
Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of Coinbase, Inc., a wholly owned subsidiary of Coinbase Global, Inc., for a virtual currency and a ...
West Africa now has its own digital currency
December 30th, 2016
Senegal will soon begin using a digital currency in 2017. It’s another opportunity for financial technology (fintech) to help emerging markets leapfrog traditional banking systems and bring financial inclusion to more people. If the Senegal roll-out is successful, the ...
Blockchain shows great promise to improve accounting issues
December 29th, 2016
While blockchain tech is poised to disrupt a wide variety of industries, it is also poised to dramatically impact those professions that serve all industries. One area that appears primed for massive change is the accounting field. Here, the ...
PayPal Files Copyright Suit Against India’s Digital Payment Provider Paytm
December 25th, 2016
In what many are calling a tactical move to stymie a competitor, PayPal has pushed forward on a copyright suit against Paytm, a leading digital payment service in India. Back in November, US-based ewallet service PayPal lodged the complaint ...
The dawn of financial technology in Islamic finance
December 23rd, 2016
Over the past decade, financial technology — widely referred to as FinTech — has grown primarily due to growing Internet access worldwide and the emergence of smartphones and apps. According to the Ericsson Mobility Report published last year, 70 ...
A Baht-Yuan cross-currency settlement system using blockchain technology
December 19th, 2016
KASIKORNBANK, in cooperation with International Business Settlement Co., Ltd. (IBS), a Chinese FinTech giant, has developed a real-time Sino-Thai settlement system based on the Next Generation Settlement Network (NGSN) which helps save time and costs while providing the utmost ...
Microsoft and AMIS announce Asia’s first blockchain consortium
December 14th, 2016
Pilot blockchain project developed on Microsoft Azure aims to accelerate Taiwan’s fintech sector Financial technology (Fintech) is transforming the financial services industry and a variety of innovations, including blockchain technology, have revolutionized the banking sector for the past year. ...
Emerging Payments Association Board strengthened by global industry leaders
December 13th, 2016
Payments leaders from Saxo Payments, Modulr, Global Risk Technologies, Bacs, and The Just Loans Group elected to join the ranks and widen the expertise of the Emerging Payments Association (EPA) Advisory Board to advance payments innovation The Emerging Payments ...
