Hitachi and BTMU begin PoC testing using blockchain to digitize checks in Singapore
Aug 22, 2016 06:45 am UTC| Digital Currency Fintech
Japan-based electronics company Hitachi Ltd. and the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) announced today that they have partnered and started Proof of Concept (PoC) testing for using blockchain technology for check...
Singapore to streamline electronic payment regulations to become fintech-focused
Aug 19, 2016 05:36 am UTC| Fintech
The central bank of Singapore announced today that it will make regulatory changes in order to facilitate the use of electronic payments in a move to make Singapore, a major centre for fintech. According to Reuters,...
Investments into VC-backed fintech companies to exceed 2015 levels: KPMG-CB Insights report
Aug 18, 2016 06:15 am UTC| Fintech
According to the latest edition of The Pulse of Fintech Report a collaboration between KPMG International and CB Insights there was a decline in global funding to VC-backed companies, however the overall fintech future...
Irish fintech firm announces €1.2M in funding and releases app for worldwide customers
Aug 17, 2016 13:12 pm UTC| Fintech
Rubicoin, an Irish fintech startup that has developed a number of apps designed to transform anyone into a well-informed investor, has announced that it has raised 1.2 million in funding. According to businessworld.ie ,...
Three month incubation program commences for Chinese fintech startups in Australia
Aug 16, 2016 12:53 pm UTC| Fintech
Three Chinese fintech firms MEGI Software (Shanghai) Co. Ltd, Royal Pay, and S. Capitol have begun their three-month-long residency program in Australia in a move to be a part of one of the biggest cross-border...
Fintech strategy group to help Scotland capitalize on sector growth
Aug 16, 2016 10:51 am UTC| Fintech
Scottish Financial Enterprise (SFE) has announced the launch of SFE Fintech Strategy Group in Edinburgh in a move to help Scotland get benefited on the growth within the sector. According to a London-based media, the...
Singapore at the forefront of fintech revolution
Aug 16, 2016 09:56 am UTC| Fintech
Singapore is increasingly taking interest in the emerging financial technology industry and making efforts to spearhead fintech revolution. In a keynote address at Global Technology Law Conference 2015 on 29 Jun 2015,...
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