FinTech

Financial technology, also known as FinTech, is a line of business based on using software to provide financial services. Financial technology companies are generally startups founded with the purpose of disrupting incumbent financial systems and corporations that rely less on software.

What Does a Donald Trump Presidency Mean for US-Based Fintech Companies
November 11th, 2016

Experts predict that the campaign of Donald Trump can result in the reduction of fintech investment in the near future.

Investors Clamor to Blockchain-Powered Newcomer DECENT, Raising $3.5 Million In ICO
October 13th, 2016

New platform, now in ICO, cuts out middlemen while defeating piracy and privacy issues in digital content distribution space.

itBit Launches Its Blockchain-Based Service ‘Bankchain’ Under New Brand Named Paxos
September 14th, 2016

Bankchain offers to reduce risk exposure and increase operational efficiency by delivering instantaneous transaction settlement.

Fintech Groups Will Unite Into Global Fintech Hubs Federation
August 26th, 2016

The federation will include financial technology groups from more than 20 cities across the world.

Bank of Japan May Apply ‘FinTech’ to Its Operations in Future, Says Governor Haruhiko Kuroda
August 23rd, 2016

Bank of Japan conducted its first FinTech Forum focused on the impact of fintech on financial services.

Mizuho Unveils Plans for Fintech Acquisitions, While Abu Dhabi Drives Fintech Innovation in the Middle East
June 2nd, 2016

Japanese banking group is planning to grow its financial technology business through new acquisitions. Meantime, regulatory authorities in Abu Dhabi are working on establishing fintech ecosystem in the UAE.

Morgan Stanley Unveiled Forecast for Blockchain’s Impact on Banking Industry
April 25th, 2016

The distributed ledger technology has to overcome a number of issues to achieve widespread usage by banks, according to a new study from Morgan Stanley.

Banks Struggle to Keep Pace with FinTech Companies, Says World Retail Banking Report 2016
April 19th, 2016

Capgemini and Efma publish an annual report on Retail Banking that highlights points of view of banking customers and banking executives from around the world on FinTech.

R3 CEV Unveils Distributed Ledger Technology Corda for Financial Services
April 6th, 2016

The Chief Technology Officer of the R3 project has unveiled a new blockchain-based platform designed to record and synchronise agreements across financial institutions.

Amazon Launches Payments Partner Program, Takes on PayPal, Square and Others
April 5th, 2016

The Amazon Payments Partner Program is intended to expand the Amazon Payments services to e-commerce platform providers and other developers.

PwC Reports Fintech Has Bad Impact on Financial Services Companies
March 18th, 2016

PwC reports that traditional financial services companies believe part of their business is at risk of being lost to standalone FinTech companies.

Hitachi Launches FinTech Blockchain Innovation Lab While EPAM Enters FinTech with SFTA’s Deal
March 18th, 2016

Both companies strive to benefit in the fintech industry with own initiatives.

PayPal Cooperated with Village Capital to Bring Financial Services for the Unbanked Population
March 11th, 2016

US online payments giant has announced collaboration with a venture company to help early-stage entrepreneurs solve major global issues.