Bank of Korea sees non-financial companies playing bigger role in fintech revolution: Report
Jan 20, 2017 09:16 am UTC| Fintech
In a new report, the Bank of Korea has said that non-financial companies will play a bigger role in the countrys financial sector with the continued growth of digital banking technology, Korea Joongang Daily...
MIT Fintech Hackathon to get sponsorship from TD Bank
Jan 20, 2017 06:49 am UTC| Fintech
American national bank TD Bank has been recruited by MIT to sponsor its first Fintech Hackathon that will be held in the month of February from 24 to 26 at Massachusetts, as reported by Finextra. The MITs first-ever...
NYDFS superintendent opposes OCCs charter proposal for fintech firms
Jan 19, 2017 11:27 am UTC| Fintech
The Superintendent of New York State Department of Financial Services (NYDFS) Maria T. Vullo has submitted a comment letter to the Comptroller of the Currency (OCC) in opposition to the proposal to create a new national...
Chilean fintech startup Destacame closes seed funding round
Jan 19, 2017 09:38 am UTC| Fintech
Chile-based fintech firm Destacame announced that it has closed its seed funding round and the funds raised from Accion Venture Lab and Mountain Nazca will be used to support the companys services within Chile and into...
Davos 2017: China unites 25 countries to establish Global Blockchain Business Council
Jan 19, 2017 06:07 am UTC| Digital Currency Fintech
On January 17, the governmental and industrial representatives from China and 25 other countries gathered in Davos, Switzerland for the Davos Forum. According to the latest update provided by Tai Cloud Corporation to...
Federal Reserve carefully monitoring blockchain and fintech innovations, says Janet Yellen
Jan 19, 2017 06:01 am UTC| Fintech Central Banks
Federal Reserve chief Janet Yellen recently revealed that the central bank is closely looking at the latest developments in the blockchain and fintech space. Speaking at the Commonwealth Club, San Francisco, California...
Fintech investment vehicle ‘Motive Partners to make first investment in LMRKTS
Jan 18, 2017 11:41 am UTC| Fintech
Veterans and experts of the global fintech sector have created a new fintech investment vehicle Motive Partners, that will make its first deal, taking a stake in LMRKTS, a financial markets firm, according to the reports...
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