RBI’s working group calls for regulatory sandbox to foster fintech companies
Feb 13, 2018 04:52 am UTC| Digital Currency Fintech
An inter-regulatory working group set up by the Reserve Bank of India has published its report on fintech and digital banking. The working group was set up in July 2016 and included representatives from the RBI, SEBI,...
ECB officials see tremendous potential in blockchain technology
Jan 02, 2018 06:18 am UTC| Digital Currency Fintech
The executive board members of the European Central Bank (ECB) have highlighted the potential of blockchain technology for banks and market infrastructures, while reflecting on the prospect of central bank digital...
Applications open for Fintech Challenge Vietnam, focus on blockchain, KYC, e-payments
Nov 28, 2017 10:25 am UTC| Digital Currency Fintech
The State Bank of Vietnam (SBV) has launched the first-ever Fintech Challenge Vietnam in its efforts to foster innovation in financial services industry aimed at facilitating financial inclusion in the country, Vietnam...
Dubai, Australia ink agreement on fintech cooperation
Nov 24, 2017 04:51 am UTC| Fintech
The Dubai Financial Services Authority (DFSA) has signed an agreement with the Australian Securities and Investments Commission (ASIC) that outlines a framework for cooperation on fintech innovation. Under the...
UAE-based RAKBANK powers instant payments to India using Ripple’s blockchain network
Nov 22, 2017 10:12 am UTC| Digital Currency Fintech
The National Bank of Ras Al-Khaimah, or RAKBANK, has announced that it has leveraged Ripples blockchain network RippleNet for cross-border payments, WAM Emirates News Agency reported. RAKBANK joined RippleNet last...
Nov 22, 2017 04:02 am UTC| Fintech Digital Currency
The Monetary Authority of Singapore (MAS) has launched a second consultation on its proposed payments regulatory framework, known as the Payment Services Bill, which aims to bring the regulation of payment services under a...
Prudential, StarHub partner to launch blockchain-based digital trade platform in Singapore
Nov 17, 2017 02:45 am UTC| Fintech Digital Currency
Prudential Singapore and StarHub have partnered to launch a blockchain-based digital trade platform for Small and Medium-sized Enterprises (SMEs). Dubbed Fasttrack Trade (FTT), the platform would enable SMEs to seek...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects