The British Columbia Securities Commission (BCSC) today released a fintech notice and request for comment (the notice), summarizing the results of the BCSC's fintech outreach activities in 2017 and seeking input on potential measures to clarify or modernize B.C. securities laws for stakeholders. We want members of the B.C. technology community to know that we…
Read more
The Monetary Authority of Singapore (MAS) and the Central Bank of Egypt (CBE) announced that they have signed an agreement to strengthen FinTech cooperation between the two countries on 6 February 2018. The Cooperation Agreement was signed at Seamless North Africa 2018 (under the patronage of the CBE), a conference focused on Payments, FinTech and…
Read more
Duco, the data engineering technology company, today announced the completion of a $28m investment round by Insight Venture Partners, NEX Opportunities, a NEX Group (LON:NXG) business, and Eight Roads Ventures. The round also includes an investment by lifetime entrepreneur and former CEO of SunGard, Cristóbal Conde. NEX and Duco already cooperate with NEX using Duco’s Cube…
Read more
BnkToTheFuture, a global online investment platform for FinTech, Bitcoin and Blockchain companies, has announced a partnership with Polymath Inc. to improve liquidity for investors who have invested in the equity of some of the most valuable companies in the Bitcoin, Blockchain and FinTech sector. Through this partnership, Polymath will introduce its pipeline of projects to…
Read more
Wealth management fintech firm JHC Systems (JHC), has hired Ron Tomlinson as Head of Solutions Development. Formerly Global Head of Development of Wealth and Post Trade at Dion, Ron brings unrivalled experience heading up wealth management product development teams. He will report to Chief Financial Officer, Gareth Anderson. Tomlinson’s varied career has given him an…
Read more
ASIC has today announced a Cooperation Agreement with Canadian regulators on fintech cooperation. This agreement expands the existing framework for information sharing and also allows the referral of innovative fintech businesses to and from Canada. This Cooperation Agreement is signed with participating Canadian provincial securities regulators: Autorité des marchés financiers (Québec), the British Columbia Securities…
Read more
Thomson Reuters (NYSE:TRI) announced that it is partnering with the Hong Kong Applied Science and Technology Research Institute (ASTRI) to help accelerate the development of FinTech innovation by bringing technology, tools and content to the Innovation Hub launched jointly by ASTRI and the Hong Kong Monetary Authority (HKMA). ASTRI was established in 2000 by the…
Read more
ASIC has today released a review of its regulatory sandbox, introduced in December 2016. In the review ASIC proposes to retain class waivers known as the fintech licensing exemption, that allow eligible financial technology (fintech) businesses to test certain specified services without holding an Australian financial services or credit licence. ASIC had committed to reviewing…
Read more
The Dubai Financial Services Authority (DFSA) deepened ties with regulators in Hong Kong today signing two cooperation agreements to enhance collaboration in financial technology (FinTech) innovation. The agreements reinforce the existing strong relationship between the authorities in the two markets, which cooperate in the regulation of the financial services sector and FinTech businesses. The DFSA…
Read more
Boerse Stuttgart announced that it has acquired 100 percent of Sowa Labs GmbH with effect from 30 November. The fintech company, which is based in Ulm, Germany, specialises in predictive data analytics and has been analysing data by using proprietary artificial intelligence since 2013. Its core area of business is real-time analysis of the rapidly…
Read more