Tuesday, April 16, 2024
U.S. officials are arguing over who should have jurisdiction to regulate fintech firms while Europe and China are already enjoying the innovations in the nascent industry. As the Chinese and European governments have come up with detailed technical standards for...
Fintech companies were mostly responsible for the boom in the unsecured personal loan market, which surged by 17% year over year to reach a record high of $138 billion last year, revealed by a report by TransUnion. In 2018, fintechs...
E-commerce company Infibeam Avenues announced its plan to invest Rs 250 crore (more than USD 35 million) in a move to elevate its fintech ventures, according to The Economic Times. The goal of this investment is to develop a...
With Singapore’s economy grew 3.3 per cent last 2018, it is expected that the Republic will need more niche talents in the growing fintech and e-payment industries. According to the annual Salary Benchmark Index from Michael Page, various jobs related...
Growing competition from established technology companies (BigTech) and financial technology (FinTech) could adversely affect the profitability of financial institutions and can pressure them to take on more risks to retain their margins, a report by Financial Stability Board said. The...
Artificial intelligence remains to be a fascinating concept for most people, often being defined by popular films such as The Matrix, Bicentennial Man, and even Ex Machina and Avengers: Age of Ultron. These movies showed advances which allowed governments...
Fintech entrepreneurs are setting their eyes on small businesses, financial experts said. With the help of Internet marketing, fintechs now target startups and small enterprises as customers, Chris Sugden, managing partner at the Princeton-based growth equity investment firm Edison...
It is undeniable that people around the world are fascinated with vehicles, sports cars in particular. Perhaps the abundance of action films and other similar genres contributed to the popularity of these vehicles. Enter financial technology start-up Rally Rd. This...
Ripple recently announced its partnership with universities in the US, China, Brazil, and Singapore for the expansion of its global University Blockchain Research Initiative (UBRI). According to the cryptocurrency's press release, it launched the UBRI in June 2018 to promote...
Acorns Grow Inc., a company focused on offering micro-investing and retirement services, is now valued at $860 million, according to CNBC. This is a result of the funding round that happened at the end of January where investors such...

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