FinTech

Feb
21

Japan’s largest bank is testing digitized checks on a Blockchain in Singapore

The Bank of Tokyo-Mitsubishi UFJ, Japan’s largest bank, has chosen blockchain technology as the core infrastructure toward testing the digitization of checks using Singapore’s Fintech-friendly regulatory sandbox installed by the country’s central bank, the Monetary Authority of Singapore. First announced last year, the Proof of Concept (PoC) testing is the result of a joint endeavor […]

By Reposted by International FinTech | Banking . Blockchain . FinTech . Payments
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Feb
20

What is Ethereum?

Ethereum is a worldwide network of interconnected computers (nodes) that enforce, execute and validate programs in a decentralized manner without requiring a server, memory, CPU power, or any other computing function, as it is all provided by thousands of ethereum nodes scattered across the world. In short, ethereum is a global computer. This global computer […]

By Reposted by International FinTech | Currency . FinTech
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Feb
20

Fintech SoFi gets $500M infusion from Silver Lake, Softbank

San Francisco fintech SoFi is near to closing a deal for a $500 million infusion from buyout firm Silver Lake and tech giant Softbank, according to sources close to the matter. The Wall Street Journal reports that the company is close to completing the deal, which won’t give Silver Lake a majority stake in the […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Venture Capital
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Feb
18

Global investment platform DarcMatter receives ‘Best Fintech Solution’ award

Global investment platform for alternative payments DarcMatter announced that it has received ‘Best Fintech Solution’ award for Small & Startup Funds at the HFM U.S. Hedge Fund Technology Awards that was held on 13 February 2017 in New York. The HFM U.S. Hedge Fund Technology Awards recognizes and selects those software providers that are serving […]

By Reposted by International FinTech | FinTech . Investing . Payments . Venture Capital
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Feb
17

Traity releases micro-insurance product ‘Kevin’ in open blockchain balance sheet

Traity, a network that builds reputation standards, has collaborated with Suncorp, the largest Australian insurance conglomerate, and announced the release of a new micro-insurance product ‘Kevin’ in an open blockchain balance sheet. In an ‘Open Blockchain Balance Sheet,’ for every new transaction that Kevin approves, it buys $10 worth of bitcoin. When a transaction ends […]

By Reposted by International FinTech | Bitcoin . Blockchain . FinTech . Insurance
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Feb
17

Robo-Advisors are a Big Hit in U.S. – but not so much in Europe

Financial advisors need to be aware: robo-advisor services are popular in America, but not pervasive in Europe. Asia, though, is seeing faster growth. A new study shows that robo-advisor services are predominantly used in the U.S. and that only 1% of survey respondents in major European countries like the U.K. and Germany say they are […]

By Reposted by International FinTech | FinTech . Investing . Robo-Advice
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Feb
17

Brexit is a potential boost for Swedish fintech

Stockholm could be set to benefit from the UK’s exit from the European Union by attracting more fintech investment London is among the world’s financial services capitals, but it is one facing many questions as the UK prepares to break away from the European Union (EU). For some countries this represents an opportunity, and the […]

By Reposted by International FinTech | FinTech
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Feb
17

CB Insights announces Future of Fintech gathering in New York

CB Insights platform that catches every private company financing and angel investment database, has announced ‘Future of Fintech’, an exclusive gathering of world’s best fintech startups and active investors. The event will be held from 26 to 28 June 2017 in New York. The gathering will focus on the ongoing pace of disruption and funding […]

By Reposted by International FinTech | Events . FinTech
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