Swiss Federal Council commences consultation on amendments in fintech regulations
Feb 02, 2017 06:14 am UTC| Fintech
The Federal Council of Swiss Government has initiated the consultation on the amendments in the fintech sector. The revision curbs the barriers to market entry for fintech companies, thus making sure that the...
Fintech firm TRUSTIVO brings digital online community and social networking platform
Feb 01, 2017 11:13 am UTC| Fintech
TRUSTIVO FinTech, a fintech company for workplace financial digital strategies and financial wellness solutions, has introduced one of the industrys first digital online community and social networking platform that are...
National Bank of Abu Dhabi uses Ripple’s blockchain for real-time cross border payments
Feb 01, 2017 09:57 am UTC| Fintech
The National Bank of Abu Dhabi (NBAD) has announced that it has become the first bank in the Middle East and North Africa (MENA) region to introduce real-time cross border payments on blockchain technology. According to...
Envestnet | Yodlee, Varo Money collaborate for fintech push
Feb 01, 2017 07:31 am UTC| Fintech
Data aggregation and analytics platform Envestnet | Yodlee that powers dynamic, cloud-based innovation for digital financial services, announced its new partnership with a mobile-only banking startup Varo Money in a move...
ECB mulls using blockchain technology for pan-European securities issuance service
Feb 01, 2017 07:00 am UTC| Fintech
The European Central Bank (ECB) is considering creating an integrated European financial market, particularly in the areas of securities issuance and instant payment settlement. Speaking at Joint ECB and European...
Deutsche Bundesbank reveals details of preliminary prototype for blockchain-based settlement
Feb 01, 2017 05:55 am UTC| Fintech
The German central Bank has revealed the details of a preliminary prototype for blockchain-based settlement, which it developed in collaboration with Deutsche Brse. Speaking at the G20 conference Digitising finance,...
Japan Exchange Group makes investment in fintech startup OpenGamma
Feb 01, 2017 05:18 am UTC| Fintech
Tokyo Stock Exchange operator Japan Exchange GroupInc (JPX) announced that it has invested in UK-based fintech startup OpenGamma Limited, taking a minority stake as reported by Reuters. The exchange groups funding round...