Fintech startup Autobooks relocates to Detroit for rapid expansion
May 30, 2017 06:46 am UTC| Fintech
Fintech startup Autobooks that produces payment and accounting software, which integrates into online banking platforms, announced that it has relocated to Downtown Detroit, as it sees a significant potential for fintech...
May 30, 2017 06:11 am UTC| Digital Currency Fintech
The European Central Bank (ECB) is closely monitoring potential risks from fintech and is also contributing to financial innovation by acting as operators, ECB President Mario Draghi said recently. Speaking at the ECON...
Russian financial institutions, MasterCard select 12 fintech startups for accelerator
May 30, 2017 05:50 am UTC| Fintech
Earlier in February, four Russian banks teamed up for a fintech lab and accelerator in collaboration with MasterCard and Accenture in order to foster the development of new banking products and services. Now, the...
Copenhagen FinTech, Singapore Fintech Association sign MOU to foster fintech innovations
May 29, 2017 05:54 am UTC| Fintech
Copenhagen FinTech, a Danish fintech ecosystem, has signed the first Memorandum of Understanding (MOU) with the Singapore Fintech Association in order to test solutions and offer access to the wider markets of Europe and...
Japan’s Mizuho Group to establish fintech venture in June
May 26, 2017 09:56 am UTC| Fintech
Japan-based Mizuho Financial Group announced that it will start a fintech venture in the coming month in order to generate 100 billion yen ($894 million) in added value by 2020. According to the reports by Reuters, the...
DFSA launches Innovation Testing Licence for fintech companies
May 25, 2017 09:47 am UTC| Fintech
The Dubai Financial Services Authority (DFSA) announced the launch of Innovation Testing Licence (ITL) that will permit fintech startups to apply for a class of financial services licence. ITL is a restricted financial...
Bank of Papua New Guinea explores blockchain potential for improving financial inclusion
May 25, 2017 06:23 am UTC| Digital Currency Fintech
The Australian government has allocated $200,000 to support the Bank of Papua New Guineas efforts to explore the potential of blockchain technology to help improve PNGs low rate of financial inclusion, ABC reported. The...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects