Banking

Oct
28

Hungarian Central Bank reveals Fintech strategy to foster financial innovation

The central bank of Hungary, the MNB, has just published its first strategy on fintech. The plans aim to bring greater digitization to the domestic financial sector in the country. The report, titled ‘Financial Innovation and Stability,’ is the product of central bank collaboration with Hungarian companies working in the fintech industry. It is comprised […]

By Reposted by International FinTech | Banking . FinTech
DETAIL
Oct
22

Utrecht-based Rabo Frontier Ventures invests in UK fintech and banking company Tide

Rabo Frontier Ventures, Utrecht-based strategic investment venture fund, has invested in the mobile business platform Tide in a Series B investment round. This investment round was led by SBI Group and Augment. Notably, the RFV deal was structured through an SPV that is managed by Anthemis Group, a major early-stage investor in Tide and one […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
DETAIL
Oct
21

Cambodia’s Central Bank tests out digital wallet to reduce cross-border payment fees

Cambodia’s Central Bank wants to curtail the cost of cross-border payments and is examining its in-house digital wallet, the Hyperledger Iroha-powered Bakong. Last week, the National Bank of Cambodia (NBC) signed an agreement with Malaysia’s Maybank. The banks will work together to cut down the remittance fees of their respective digital payment platforms – Bakong […]

By Reposted by International FinTech | Banking . FinTech . Payments
DETAIL
Feb
22

Google steps up global fight for digital wallet as China dominates mobile payments

Mobile payment transactions in China added up to more than US$12.8 trillion last year, making it the world’s largest mobile payments market. Now US tech giants are playing catch up. To get a sense of how pervasive mobile payments have become in China, consider that on the eve of this year’s Spring Festival, 668 million […]

By Reposted by International FinTech | Banking . FinTech . Payments
DETAIL
Feb
22

Temenos to create financial technology powerhouse as Fidessa agrees takeover

The boards of Temenos and Fidessa have reached an agreement on the terms of an all-cash takeover of the UK-based trading technology supplier in a transformational deal for the Swiss core banking vendor. Under the terms of the transaction, Fidessa shareholders will be entitled to receive £35.67 in cash for each Fidessa share, a 36.9% […]

By Reposted by International FinTech | Banking . FinTech
DETAIL
Feb
15

Sydney Fintech Market Update

At Tier One People, we get to work with some amazing startups in FinTech and InsurTech. 2018 has got off to a flier, so here is the first Tier One People FinTech jobs update of 2018. There is an air of optimism that FinTechs are finally in a position to challenge banks, not just partner […]

By Reposted by International FinTech | Banking . FinTech
DETAIL
Feb
15

The most important FinTech Innovations that will change our lives in the near future

Technology is affecting the topography of workflow and processes in the financial services industry. What was once handled with the assistance of human hands, physical currency and bulky computers has now been completely digitalized. It is an undeniable expanse of financial services globally and that has bred a fertile ground for FinTech startups. Start ups […]

By Reposted by International FinTech | Banking . FinTech
DETAIL
Feb
02

Paris is city of Fintech love for startups seeking hookups

The fintech dating game is on in Paris. Entrepreneurs in Europe’s financial-technology sector are pushing low-cost payments solutions to steal market share from banks, hoping the challenge they pose will spur the lenders to buy them or seek partnerships with them. Many startups are eyeing deals or potential backing as they converge on Paris this […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
DETAIL