New Zealand is well on the path to open banking, with Payments NZ releasing the first API standards for payment initiation and account information. A pilot test for open banking …
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South Korea plans interbank payment network
South Korea’s financial regulator has revealed plans to create an open interbank payment network. The system is expected to help the country foster more successful FinTech firms and rejuvenate the …
Read More »India’s Federal Bank launches open banking platform
Indian-based Federal Bank has unveiled a banking platform that will allow FinTech companies to use its APIs for new products that integrate with its banking services. The creation of the …
Read More »The FinTech skills crisis in the UK
A 2016 study by KPMG and H2 Ventures found that London hosts 17 of the top 50 international FinTech companies; however, much of the talent at these companies (42%) comes …
Read More »The promise of FinTech hackathons
Fresh ideas and new initiatives are born within strong self-organized teams. For this reason, hackathons represent a great way for companies, especially those engaged in the FinTech world, to leverage …
Read More »Europe’s fresh startup environment
Despite what would seem to be a slew of advantages, Europe has failed to become a prominent home to consumer tech. While the U.S. is home to Apple, Amazon and …
Read More »The Brexit effect on FinTech in the United Kingdom
Many wonder how Brexit will impact the United Kingdom’s FinTech sector, especially given recent data that suggests nearly 42% of FinTech employees in the United Kingdom come from abroad. In …
Read More »Singapore’s FinTech dreams hit a labor shortage wall
Singapore’s goal of becoming a high-tech financial hub is running into real-world problems of labor supply and demand. While the nation’s universities and polytechnic schools churn out an estimated 400 …
Read More »Russia’s problem with high-skilled expatriation
In recent years, Russia has been puzzled by an important labor-related issue: the exodus of talented nationals who could fill the domestic skill gap and contribute to greater innovation and …
Read More »Uzbekistan enacts measures to attract foreign specialists
Uzbek President Shavkat Mirziyoyev has signed a decree designed to attract foreign specialists and financing into Uzbekistan in sectors in which the country currently has a gap. This measure is …
Read More »London retains title as top European city for FinTech
In 2018, tech firms in London raised over GBP 1.8 billion in venture funding and public listings, higher than anywhere else in Europe and reinforcing London as a major destination …
Read More »USAVE Blockchain, BluPoint to launch African educational campaign
USAVE Blockchain has announced that it will be supporting offline internet solution provider BluPoint as part of an effort to increase access to education and information across African mining communities. …
Read More »Universities worldwide facing increased cryptocurrency and blockchain demand
According to a recent study, well-known universities around the world are facing an increased demand from students for courses and information on cryptocurrencies and blockchain. In response, universities have started …
Read More »PayPal joins launch of FinTech educational program in Singapore
PayPal, a leading brand in the digital economy, has announced its plan to join the launch of a FinTech educational program in Singapore, alongside Singapore’s five polytechnic institutes and the …
Read More »First school of digital economics in Russia
The creation of the first school of digital economics in Russia was announced last fall at the Eastern Economic Forum. The school, founded as an innovative educational project designed to …
Read More »Scotland’s FinTech Skills Academy hailed as great success
The pilot of Scotland’s new FinTech Skills Academy, which was announced in September 2018, has been hailed as a great success as the first class (Introduction to the Retail Card …
Read More »Kenyan FinTech startup launches financial education academy
The widespread adoption of mobile money in Kenya has eliminated many traditional barriers and enabled millions of Kenyans to access financing for the first time. This, however, has also resulted …
Read More »JPMorgan to build Silicon Valley campus
JPMorgan Chase & Co. plans to open a FinTech campus in Palo Alto, California as part of its efforts to attract more Silicon Valley talent. The campus, scheduled to open …
Read More »Sberbank launches internal accelerator for employees
Sberbank has been at the forefront of many innovations in recent years thanks to its repositioning of itself as a technology company that aims to provide both financial and non-financial …
Read More »Tinkoff Bank offers free training for analysts and developers
Tinkoff Bank has opened free three-month training at select bank offices in 8 Russian cities (Moscow, St. Petersburg, Yekaterinburg, Izhevsk, Nizhny Novgorod, Novosibirsk, Rostov-on-Don and Ryazan) for analysts and developers. …
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