3418 articles tagged with this keyword
News/Innovation
WeChat, China's most popular social media app, has launched its digital payments service, WeChat Pay, in Malaysia, marking its first product to be released in Asia outside of China and Hong Kong.
21 August 2018
The chief economist of the Bank of England (BoE) has warned that the rise of artificial intelligence could leave large groups of people "technologically unemployed" unless there was a skills revolution.
Cambodia has become the latest country to launch a national body designed to foster more fintech collaboration with the launch of the Cambodia Fintech Association (CFA).
17 August 2018
Two of China’s largest financial services firms have agreed to work towards the development of a blockchain-based mobile payment system in what has been a busy week for China's burgeoning fintech sector and also a signal of the extent of China's blockchain ambitions.
Israeli fintech innovation centre The Floor has secured a $5 million investment from Chinese conglomerate Fosun International and its financial services subsidiary.
Coinbase has acquired Distributed Systems in a bid to create a decentralised digital identity platform for crypto-wallet enthusiasts and Web merchants.
16 August 2018
Goldman Sachs and Nyca Partners have led a $32 million funding round in enterprise blockchain vendor Axoni.
14 August 2018
The Bank of England has issued a call for interest to third party technology providers and financial institutions in order to explore mechanisms for implementing synchronised settlement in the renewed Real-Time Gross Settlement service.
13 August 2018
Commonwealth Bank of Australia is collaborating with the World Bank on the creation of a Ethereum-based platform for blockchain bond issuance.
10 August 2018
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Russia's Sberbank is pumping a total of 27.1 million rubles (about $400,00) into six startups created by its own employees, promising to also integrate the ideas into its own ecosystem.
09 August 2018
Products of all asset classes, from commodities to securities and debt, will increasingly be reduced to bits and bytes on a blockchain network, believes Eurex Asia head Roland Schwinn.
Hot on the heels of its decision to start accepting fintech charter applications, the Office of the Comptroller of the Currency (OCC) is reaching out to the industry, inviting interested parties to come in to its New York offices for a chat during 'innovation office hours'.
08 August 2018
The UK's Financial Conduct Authority has collaborated with 11 regulatory bodies from Europe, the Far East and the US on the creation of a Global Financial Innovation Network (GFIN), building on proposales earlier this year to create a cross-jurisidctional fintech sandbox.
07 August 2018
The Arizona Attorney General’s Office has opened the first fintech sandbox in the United States, enabling financial services startups to bypass red tape and begin testing their products with live consumer data.
06 August 2018
Boerse Stuttgart is doubling down on its investment in the crypto markets with plans to develop a new platform for Initial Coin Offerings, a multilateral trading venue for cryptocurrencies and safe storage of digital assets.
02 August 2018
The US Treasury Department has called for a radical overhaul of financial technology regulation, backing a new national fintech charter, the introduction of sandboxes, and the opening up of access to consumer data.
31 July 2018
Commonwealth Bank has demonstrated a new blockchain platform underpinned by distributed ledger technology, smart contracts and the internet of things (IoT) to re-configure the sharing of information across global supply chains.
Foreign exchange settlement house CLS is collaborating with nine banks and IBM to build a shared marketplace platform - or app-store - for multiple blockchain applications.
30 July 2018
The chairman of the Commodity Futures Trading Commission has lamented laws that prevent it from working with outside entities on research into areas such as blockchain, warning that the barriers are leaving it years behind regulators in other countries.
26 July 2018
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