Archive for the ‘FinTech’ Category

FinTech Hive at DIFC Opens Applications For 2018 Accelerator Program

FinTech Hive at DIFC, a fintech accelerator that was established by the Dubai International Financial Centre (DIFC), has announced that it is now accepting applications for its 2018 program, kicking off a competitive search for the top fintech and insurtech innovators in the region. FinTech Hive at DIFC will feature the Dubai Islamic Economy Development Centre (DIEDC) […]

GreenSky IPO: 5 things to know about the company seeking to end fintech IPO lull

GreenSky, which provides consumer loans that originate at the point-of-sale system, is expected to go public this week through an IPO that could value the company at more than $4 billion. The company, one of the largest fintech firms in the U.S., recently filed IPO paperwork and intends to sell some 34 million shares at […]

Thai Fintech Association, ICORA offer crypto-assets training course

The Thai Fintech Association, together with ICORA Co Ltd, is offering a Crypto Asset Revolution (CAR) course, which will provide participants with a complete understanding and knowledge about investing in crypto assets and ICOs. Thai investors, business owners and professionals from financial institutions have a chance via the new course to learn important and useful […]

Fintech is disrupting big banks, but here’s what it still needs to learn from them

Much of the hype around fintech focuses on what traditional banks do wrong: they’re slow to adopt new technology; they don’t center the customer; they’re too big to respond nimbly to change. This narrative is part of why fintech continues to attract massive investment, with $31 billion total flowing into the sector last year, according […]

With at least $1.3 billion invested globally in 2018, VC funding for blockchain blows past 2017 totals

Although bitcoin and blockchain technology may not take up quite as much mental bandwidth for the general public as it did just a few months ago, companies in the space continue to rake in capital from investors. Investor interest in the blockchain space shows no immediate signs of slowing down, even as the price of […]

Fintech envoy for Northern Ireland appointed

Georgina O’Leary, Director of Innovation, Research and Development at Allstate has been appointed as the government’s new fintech envoy for Northern Ireland. Georgina will be responsible for promoting Northern Ireland’s thriving fintech sector and championing it as a place for firms to develop and grow their business. She is the digital transformation leader at Allstate and […]

Paypal acquires Swedish fintech startup iZettle for $2,2 billion

PayPal has agreed to acquire iZettle, a leading provider of mobile payment infrastructure across Europe and Latin America, for $2.2 billion. The deal happened just before iZettle was set to go public on Nasdaq Stockholm. The IPO will now be cancelled. With iZettle, Paypal will have access to hundreds of thousands of brick-and-mortar retailers. By joining forces […]

Investors are going to buy bitcoin whether advisors like it or not, says financial pundit

Many investors wonder when the right time will be to put some money in bitcoin. It’s a question that financial advisors increasingly hear these days. Yet advisors, for the most part, don’t recommend investing in digital currency, or in the investment vehicles that have cropped up around it, at all. Lex Sokolin, global director of fintech […]

GAO issues report on benefits, challenges of fintech products

The U.S. Government Accountability Office (GAO) has issued a report that provides a detailed analysis of fintech products, examining both the benefits and challenges. The GAO report said the products and services that fintech companies offer generally fall into four different areas: payments between individuals, and between individuals and businesses; loans to consumers and businesses; advice on […]

A Guide to Financial Regulation for Fintech Entrepreneurs, reviewed

A Guide to Financial Regulation for Fintech Entrepreneurs by Stefan Loesch, clearly explains the purpose and structure of the regulatory environment, and provides readers with frameworks that enable them to develop an effective regulatory strategy. In the first part of the book, Loesch covers why financial services regulation exists, what its goals are and how Fintech […]