Fintech startups in Indonesia flourish in 2016
January 10th, 2017
Fintech startups flourish in 2016, mostly in lending Financial technology (fintech) startups mushroomed in 2016, with the number of businesses in the segment soaring last year, according to the Financial Services Authority (OJK). As many as 135 fintech startups ...
Bitcoin’s Price Volatile at $900 as China Concerns Linger
January 10th, 2017
Bitcoin prices experienced intense price volatility on 9th January, continuing a trend that’s been the new normal since late last week. Prices fell nearly 5% in less than two hours across global exchange today, declining from an opening price ...
MARKETING COMPLINACE OFFICER
December 28th, 2016
JOB VACANCY: MARKETING COMPLIANCE OFFICER Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring ...
AML & RISK MANAGEMENT OFFICER
December 28th, 2016
Industry: Financial Services Description: XTrade is an award-winning provider of desktop and mobile trading services, featuring CFD trading on stocks, national stock indices, commodities, and currencies. The brokerage’s financial technology includes five digital trading platforms, all of which are ...
South African Fintech Firm to Launch Blockchain-based Identity Verification in 2017
December 27th, 2016
South African fintech company ThisIsMe (TIM), which focuses on identity verification, has announced that it will be adding blockchain technology to boost its services and is expected to go live in 2017. More companies are turning their attention to ...
Mauritius Rejects ‘Tax Haven’ Label
December 27th, 2016
On December 16, Mauritius’s Financial Services Commission (FSC) and the Financial Services Promotion Agency (FSPA) condemned a Oxfam policy paper labeling Mauritius a tax haven. The FSC and FSPA pointed out that it is unfounded to claim that Mauritius ...
CySec announced the suspension and commencement of proceedings for the possible withdrawal of an ASP license
December 20th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that the Administrative Services provider authorisation of Blaustein Corporate Services Ltd (‘the Company’), with number 171/196, is suspended on December 8 2016, pursuant to section 15(1)(b) ...
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. ...
SFC regulator announced AML and fraud controls priorities
December 8th, 2016
The Securities and Futures Commission (SFC) today relaunched its Enforcement Reporter as a biannual publication which aims to provide the market with updates on the SFC’s key enforcement priorities (Note 1). The new issue published today focuses on corporate ...
ADCCA launched the first Australian Digital Currency Industry Code of Conduct
December 7th, 2016
Industry joins forces to create a digital currency code of conduct to protect consumers and boost growth The Australian Digital Currency & Commerce Association (ADCCA) today launched the first Australian Digital Currency Industry Code of Conduct to ensure consumers ...
