MUFG fintech accelerator program seeks startups for second batch
Jan 09, 2017 10:55 am UTC| Fintech
Japanese financial group Mitsubishi UFJ Financial Group (MUFG) has developed a fintech accelerator program and is accepting applications from fintech startups for its second batch till 22nd January2017. The bank is...
China looks set to continue to dominate global fintech industry – Report
Jan 09, 2017 10:06 am UTC| Fintech
A collaborative report from DBS and EY has highlighted Chinas unique, dynamic and rapidly evolving FinTech ecosystem, while examining the key drivers behind the explosive growth of FinTech sector in the country. The...
Fintech company Contis Group plans to set up operations in Lithuania
Jan 09, 2017 08:51 am UTC| Fintech
U.K.-based fintech firm Contis Group has planned to set up a new division in Vilnius, Lithuania in order to drive the growth of Lithuanian fintech sector. The move is a part of the companys 1 million investment plan over...
IDRBT outlines prospective roadmap for blockchain adoption in banking and finance in India
Jan 09, 2017 07:24 am UTC| Fintech
Institute for Development and Research in Banking Technology (IDRBT), an arm of the Reserve Bank of India (RBI), recently revealed that it organized a workshop on blockchain technology aiming to prepare a white paper on...
OCC highlights growing competition for banks with new fintech entrants
Jan 09, 2017 07:13 am UTC| Fintech
The U.S. Office of the Comptroller of the Currency (OCC) has released a report that discussed the risks facing national banks and federal savings, stating that the emerging fintech companies poses competition to US banks...
Fintech firm Funding Circle gets further £40M UK government fund to lend small businesses
Jan 06, 2017 07:21 am UTC| Fintech
U.K.-based fintech firm Funding Circle announced that it received an extra of 40 million from the government-owned British Business Bank to lend to small businesses. The funding follows an initial 40 million investment by...
RBI’s R&D institute for banking to test blockchain technology
Jan 06, 2017 05:37 am UTC| Digital Currency Fintech
Institute for Development and Research in Banking Technology (IDRBT), an arm of Reserve Bank of India, is set to test blockchain technology to support framework for digital transactions, as reported by Business Line. The...
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