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South Korea bans raising money through initial coin offerings

The Financial Services Commission said all kinds of initial coin offerings (ICO) will be banned as trading of virtual currencies needs to...

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Bahrain “Open to Bitcoin” and Blockchain

In response to a query at the MIT Innovation Forum in the country’s capital city Manama on Wednesday, Rumaihi said that Bahrain was “open...

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NatWest launches UK’s first paperless mortgage

Ishaan Malhi, chef executive and founder of online mortgage broker Trussle, said: “This is the first time we’ve seen one of the ‘big six’...

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BUX - FinTech can be fun!

Fun has become the key success factor for FinTech specialists looking to attract the younger generation. BUX has been very successful in...

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Not enough capital goes to fintech in Indonesia

Jefrey Joe, managing partner of Indonesia-focussed venture capital firm Alpha JWC Ventures, does not agree. Fintech is definitely getting...

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How Insurtech is changing the ASEAN insurance economy

Nine out of 10 insurers surveyed by professional services firm PwC fear that they will lose business to Insurtech solutions; on a broader...

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Deutsche Bank CEO gets brutally honest about what automation is going to do to banking jobs

Another bank CEO is saying the change in the industry's human capital because of automation will be massive, although Deutsche Bank CEO...

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10x, founded by the ex-CEO of Barclays, raises $46M to take on ancient banking infrastructure

London based banking technology company 10x Future Technologies has raised $46m in Series A funding led by Ping An and Oliver Wyman. 10x...

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Alibaba and Tencent Set Fast Pace in Mobile-Payments Race

In China, QR codes are used widely by smartphone owners to pay bills and make purchases in shops and at vending machines - contributing...

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GoCardless raises $22.5 million to help companies collect payments by direct debit globally

GoCardless, a fintech startup that’s setting out to make it easier for companies to collect recurring payments from customers, has raised...

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Google takes on PayTM with launch of mobile payments app

Made for India, Tez works on the vast majority of smartphones with apps for both Android and iOS and support for English, Hindi, Bengali,...

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Goldman Nabs Fintech Group in Push to Boost Online Lending

As Goldman moves from Marcus to now its SMB lending product, the investment bank has hired a mix of Bond Street Marketplace engineers,...

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Goldman Sachs invests £100 million in UK fintech Neyber.

London based lending platform Neyber has received a £100m investment from Goldman Sachs. Neyber, founded in 2014 and launched in 2015,...

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Aventus secures $20m from investors in ICO

London based blockchain ticketing platform Aventus has raised $20m through their Initial Coin Offering. Aventus, which has been dubbed...

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JPMorgan's Dimon says bitcoin is a fraud that will eventually blow up, compares it to tulip trade

While most other Wall Street veterans are embracing the cyptocurrency, the JP Morgan CEO says bitcoin is "worse than tulip bulbs and it...

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IBM and UBS team up on blockchain-based payments in auto's

UBS, IBM and car parts manufacturer ZF are working together to build a blockchain-based payments system that automatically collects fees...

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Deloitte launches regional blockchain in Hong Kong

In addition to formulating strategies, the Lab will implement and deploy Distributed Ledger Technology (“DLT”) for corporate clients...

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Why 500 Million People in China Are Talking to This AI

iFlytek’s voice recognition technology is everywhere in China, and that’s what’s making it smarter every day.

iFlytek’s voice recognition technology is everywhere in China, and that’s what’s making it smarter every day. When Gang Xu, a...…

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China shutting down cryptocurrency exchanges

To be clear, the report does not suggest that individual ownership or exchange of digital currencies will be banned. However, with...

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Abu Dhabi Global Market Receives 166 Applications from 39 Different Countries for FinTech Abu Dhabi

Each applicant has proposed Fintech innovations that address real-life business issues which affect the financial services industry in...

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5 rising fintech startups PayPal is investing in

The startups will get access to PayPal’s tech infrastructure, network, and team to help them grow, Guru Bhat, head of engineering at...

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UK fintech investment rises in H1

More than a billion dollars was invested in British Fintech companies in the first half of this year, over a third more than the same...

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R3 sues blockchain rival Ripple

Blockchain groups in $1bn cryptocurrency battle. Two of the world’s biggest blockchain companies are locked in a legal battle after R3, a...

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Nasdaq to buy data provider eVestment for $705m

Exchange operator Nasdaq has struck a $705 million deal to buy eVestment, a data, content and analytics platform for institutional...

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PesoPay: En route towards a cashless future

From bartering cows and exchanging shells, payments have now evolved to the point where people can make purchases by simply swiping...

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DBS launches mobile-led bank in Indonesia

Technologies such as biometrics to artificial intelligence (AI) also feature in digibank.

The Iaunch follows the rollout of digibank in...

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Coya Raises $10M to Launch A Digital Insurer

Coya aims to become Like Digital Insurance Group and WeFox  Europe’s leading digital insurer adopting a customer-first approach and a...

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