The full-scale implications of Brexit are unclear for a number of industries, including the FinTech industry. Dr. Joanna Perkins of the Financial Markets Law Committee (FMLC) outlined six key areas …
Read More »The biggest investors and beneficiaries of FinTech funding trends
Financial institution-FinTech funding trends have revealed that European financial institutions are the most active, both in terms of volume (53%) and value (47%), in working with and providing funding to …
Read More »5 Central and Eastern European FinTech trends expected in the next 2 years
FinTech in Central and Eastern Europe is coming on strong, with fertile environments in which to grow innovations and governments that are doing their best to acquire new investments. These …
Read More »FinTech lab to be created in Uzbekistan
The first FinTech lab in Uzbekistan was announced at the ‘Open Innovations in the Banking Section’ session of the International Press Club. The FinTech lab will focus on facilitating the …
Read More »Experts predict Kazakhstan’s 2019 FinTech trends
In 2018, Kazakhstani financial institutions began working more closely with FinTech companies and purchasing a large number of FinTech products, giving more and more consumers in the country access to …
Read More »Video: 4 predictions for FinTech in 2019
FinTech has become increasingly influential in markets around the world. Here are four predictions for how FinTech will continue to impact our lives in 2019. BFC FinTech Monitor (May 2024) …
Read More »Internet of things laboratory to be set up in Azerbaijan
Azerbaijan’s Ministry of Transport, Communications and High Technologies has signed a memorandum of understanding with Microsoft Azerbaijan for the creation of an internet of things (IoT) laboratory. The laboratory, which …
Read More »Armenian company brings the internet of things to fashion
Armenian Mind, a company based in Armenia and known for producing smart wallets, is now looking to expand production to other accessories. The company is currently in negotiations with three …
Read More »London opens cybersecurity advancement center
The London Office for Rapid Cybersecurity Advancement (LORCA) has opened in East London. The center, which will be run by the technology innovation center Plexal, was opened with the intentions …
Read More »How one cybersecurity firm hit a value of USD 1.25 billion
Darktrace, a cybersecurity company that provides a network “immune system” powered by artificial intelligence, has hit a value of USD 1.25 billion following a recent round of financing. The company …
Read More »Israel: the global cybersecurity solutions leader
Various regulations worldwide (e.g. the General Data Protection Regulation (GDPR), the U.S. Foreign Account Tax Compliance Act (FATCA), the Payment Service Directive (PSD2) and anti-money laundering (AML) measures) have supported …
Read More »Walmart invests in cybersecurity startup
With the global cybersecurity battle growing increasingly sophisticated and merchants’ demand for personalized customer data rising, Walmart and other corporate giants have decided to invest in Team8, a cybersecurity think …
Read More »NetGuardians brings its cybersecurity to Zimbabwe
NetGuardians, a Swiss cybersecurity specialist, is bringing its fraud fighting solutions to Zimbabwe’s Steward Bank (formerly TN Bank). Steward Bank will integrate NetGuardians’ platform with its core banking system, meaning …
Read More »Addressing cybersecurity in financial institution-FinTech partnerships
Partnerships between financial institutions and FinTechs must go beyond the customer value proposition and provide embedded cybersecurity at all stages of the customer journey. Open APIs present an incredible opportunity …
Read More »Video: how Israel is ruling the cybersecurity world
Ben Ferguson travels to Tel Aviv to find out how Israel has become one of the world’s premier cyber superpowers. Survey: Financial Institutions Seeing the Benefits of Open Banking POPin …
Read More »How FinTechs are reshaping development
The fusion of technology and the financial world is no longer limited to improving banking experiences as many new FinTech startups are using technology to create a brighter future in …
Read More »FinTech for the financially excluded
The potential of FinTech to help financially excluded populations of the world is well-documented, with FinTech helping to reduce vulnerabilities, build assets, manage cash flows and increase income. Yet FinTech …
Read More »The social impact imperative of FinTechs
The consumer financial system has an important role to play in achieve complex global goals such as ending poverty, abolishing hunger, moving to renewable energy and reducing inequality since the …
Read More »The rise of the robo-advisor in retirement planning
Artificial intelligence (AI) is starting to change the world of retirement planning, with robo-advisors emerging as one of the hottest trends in this field. Robo-advisors are online services that use …
Read More »FinTech highlights the good and bad of lending in China
The use of FinTech in China is highlighting both the good and the bad of lending in the world’s second-largest economy. On the good side, FinTech is being used in …
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