The new fintech body is aimed at improving financial research, coordination and planning, China’s central bank announced on its website on Monday.
The regulatory bodies aim to foster financial innovation through a partnership that will support fintech startups seeking to grow their businesses.
The UK’s leading bank has announced the opening of the new innovation site in London, which is set to be the largest financial technology centre in Europe.
Android Pay users in the US will soon be able to make payments with their PayPal balances at thousands of new retailers, including Walgreens, Dunkin’ Donuts and Subway.
The UK’s central bank has developed its own Proof of Concept ledger and will make the next version of its interbank payments system compatible with settlement in a distributed ledger.
The cooperation will allow the increasing number of Chinese travelers in the UK to purchase goods and services via the WeChat Pay application on their mobile phones.
WeChat Pay, a mobile payment service on WeChat Chinese messaging app partners with payments solution provider Tramonex to further enhance their mobile wallet functionality, WeChat Pay.
The company not only described the potential use cases of the blockchain technology for banks, but also identified the main issues impeding its wider adoption in the sector.
The UCITS fund will be the first-ever fund in Europe with the primary focus on fintech companies.
The countries have announced a new partnership that is expected to promote further development of the fintech ecosystem in Japan and Singapore.
GV, formerly known as Google Ventures, took part in a $25 million funding round together with Sapphire Ventures, Anthemis and other investors.
In today’s world, Fintech companies almost compete directly with in most areas of the financial sector to sell financial services to customers across the globe.
Humaniq postpones its ICO to provide an equal opportunity for investors from across the globe.