Paris in the middle of winter can be brutal, but one year ago, attendees at the Paris Fintech Forum were hot with crypto fever. When one of Europe’s biggest annual gatherings of its kind convened this year in the City of Light, over 3,000 entrepreneurs, investors, bankers, and regulators braved the cold once again, but…
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The London-based fintech firm Humaniq has announced the concurrent signing of two Memoranda of Understanding (MoU) with Hope for Lives in Sierra Leone and FinTech4Good. Both are prominent US-based organizations that will be part of Humaniq’s new strategy, with the company aiming to position itself as a technology platform facilitating new blockchain-based charity solution for the developing…
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The financial services industry has never been as exciting as other technology-driven genres. Things, however, changed a few years back, when blockchain technology and cryptocurrencies seized the imagination of the public, and more importantly, the imagination of entrepreneurs, investors, and the venture funding establishment. The new buzzword around town became “FinTech”, a bit sexier than…
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Paytend Technology, a Chinese company developing and selling financial services software, has just announced that it has chosen Vilnius, Lithuania, for its European headquarters. The company plans to hire up to 50 highly qualified professionals in the fields of sales marketing, compliance, product development and customer support in the following 3 years. Obtaining an electronic…
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VNX Exchange, the trading platform for tokenized venture capital assets has just informed the public that it has teamed up with the University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) to create a new standard of security for the market ecosystem for digital assets. The resulting technology may halve the global costs…
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Japan’s Financial Services Agency (FSA) has just announced that it has signed two cooperation frameworks, respectively with the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) of France to promote innovation in their respective markets. This will lead to increased exchanges regarding innovative trends, regulatory issues and any…
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The Depository Trust & Clearing Corporation (DTCC), which provides post-trade market infrastructure for the global financial services industry, has announced it will launch a new, on demand, real time, centralized communications service for the mutual fund industry by the end of 2018, the first service of its kind from DTCC’s Wealth Management Services (WMS) division…
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The Chancellor of the Exchequer, Philip Hammond, has revealed that he will position Britain as the “natural global home” of new and innovative financial services after Brexit at the IMF Annual Meeting in Bali (10 – 13 October). With financial technology as the designated theme of the gathering, the Chancellor will herald Britain’s approach to…
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The Luxembourg Commission de Surveillance du Secteur Financier (CSSF) and the Australian Securities and Investments Commission (ASIC) have signed a Cooperation Agreement which provides a framework for cooperation to understand financial innovation in each jurisdiction. The Agreement provides a framework for information sharing between the two regulators on financial technology (fintech) and regulatory technology (regtech).…
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The U.S. Commodity Futures Trading Commission (CFTC) and the Australian Securities and Investments Commission (ASIC) have just informed that they have today signed an arrangement to cooperate and support innovation through each other’s financial technology (FinTech) initiatives – CFTC’s LabCFTC and ASIC’s Innovation Hub. The signing of this arrangement with ASIC advances our mutual interest…
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