Search Results for: FinTech
Which countries should take the lead to introduce the world’s first Islamic fintech
December 12th, 2016
Malaysia and Bahrain, two leadng Islamic financial hubs in the world, should take the lead in exploring the potential of introducing the world’s first Islamic financial technology (fintech). Bahrain Economic Development Board (EDB) Executive Director for Financial Services Business ...
Financial regulators of UK (FCA) and Hong Kong (HKMA) agree on FinTech collaboration
December 8th, 2016
The UK’s Financial Conduct Authority (FCA) and the Hong Kong Monetary Authority (HKMA) have entered into a Co-operation Agreement (Agreement) to foster collaboration between the two regulatory authorities in promoting financial innovation. According to the Agreement, the FCA and the ...
China tops world fintech rankings
December 6th, 2016
China has outpaced London, New York and Silicon Valley to become the world’s undisputed global fintech leader, according to a report by DBS and Ernst & Young. Neal Cross, DBS chief innovation officer, says favorable government policies and regulations ...
The Asia-Pacific FinTech landscape is witnessing unprecedented growth
December 5th, 2016
The Asia-Pacific Financial Technology (Fintech) landscape is witnessing unprecedented growth with Fintech solutions and services expected to gross more than US$70 billion in revenue by 2020, with a CAGR of 72.5 percent. Singapore, Hong Kong, and Sydney are innovation ...
Lithuania is looking to attract FinTech companies
December 5th, 2016
Of all the cities lining up to poach London’s business post-Brexit, Vilnius might seem the most unlikely. Yet the Lithuanian capital has much to offer financial firms, from liveability and local talent to cutting-edge fintech regulation. Euromoney visits a ...
BNP Paribas backs the growth of the PayCar FinTech
November 30th, 2016
Several of the Bank’s businesses are participating in the startup’s first funding round, for a total stake of €1.3 million The BNP Paribas Group, via its French Retail Banking; BNP Paribas Cardif and BNP Paribas Personal Finance businesses, is participating in the ...
German Finance Ministry Publishes Report on Fintech: Very High Growth in Recent Years
November 24th, 2016
The German Federal Ministry of Finance or Bundesministerium der Finanzen, has published a report on the emerging Fintech sector. The document, authored by Prof. Dr. Gregor Dorfleitner and Jun.-Prof. Dr. Lars Hornuf (with the assistance of Matthias Schmitt & Martina ...
The UK and China have reached a new fintech agreement
November 16th, 2016
In the latest example of cross-border cooperation between governments on fintech, the UK and China agreed to form a fintech bridge on Thursday, as part of a series of new measures to strengthen economic ties between the countries. The UK already has ...
Fintech start-ups in Europe to get up to €1.6bn in funding from EIF
November 11th, 2016
The European Commission (EC) has pledged up to €400 million to the European Investment Fund’s (EIF) new fund-of-funds – for the money to be spent on start-ups in Europe, including in the fintech space. The EC has also said ...
UK based international law firm launched £500K mentoring programme for FinTech start ups
November 8th, 2016
UK based international law firm Addleshaw Goddard has announced the launch of a programme worth up to £500,000 to support FinTech growth in the UK. The programme is designed to support more established, as well as start up, FinTechs ...
