New data from the Expert Market showed the increasing number of people who uses an e-wallet and digital payment for transactions, reaching 140 million a year. Out of the 36 countries, Britain holds the third spot in the highest e-wallet...
Only 9 fintech firms out of more than 100 that applied for South Korea’s regulatory sandbox were permitted to carry out business in the country, says Coin Telegraph. These companies deal with technologically advanced services including blockchain, 5G (or...
U.S-based financial technology provider Plaid is planning to expand its operations in Europe. The start-up, which has just raised $250 million funds, is looking to fill not less than 10 Europe-based job positions, according to a review of the company's...
According to a news report by the Startup Kingdom, Cambodian fintech platform is growing ‘incredibly fast’ despite almost 78 percent of its population unbanked. Currently, there are more than 50 fintech companies which are active. The digital platform sector is...
The annual Fintech forum hosted by the United States’ Securities and Exchange Commission will happen on May 31, 2019, at SEC’s headquarters in Washington D.C. News regarding the main agenda or discussion in the forum has been released by the ...
Fintech initiatives in Europe are ever-evolving with Odyssey Hackathon providing support to increase investments. Two weeks ago, the annual Open Innovation Program was held in the Netherlands, gathering Europe’s biggest corporate, governmental and non-profit partners to get on the complex...
Financial technology startup Social Finance Inc. (SoFi) has reportedly been looking to close $500 worth of funding from the Qatar Investment Authority. As of writing, the company has already raised a whopping $2 billion from its existing pool of...
In the move to expand operations in Asia, particularly in Japan and Korea, German Fintech company Wirecard is partnering with Japan Telecommunicating company Softbank. Softbank is investing in the company, acquiring almost 5.6% stake of Wirecard. The deal was announced...
With the strong need to innovate, the financial services industry has been getting onboard various technological trends including artificial intelligence (AI) and machine learning (ML). FintechNews Singapore reports that 3 out of 4 banks in Asia deems AI and...
It is an irony that Japan, one of the world’s most advanced country, is still dependent on cash when it comes to different transactions. In the move to widen payment options and connect economic blocks, Japan’s biggest bank, Mitsubishi UFJ...

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