Latest News Of fintech Tag

Monetary Authority of Singapore mulls new virtual bank licensing scheme

Business 8 May 2019

Monetary Authority of Singapore mulls new virtual bank licensing scheme

Singapore’s de facto central bank is reportedly weighing up a scheme that would allow digital-only banks to obtain a license in the country.

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Austria’s minister of finance wants a fintech regulatory sandbox

Business 29 April 2019

Austria’s minister of finance wants a fintech regulatory sandbox

Austria’s minister of finance, Hartwig Loeger, wants a sandbox for fintech business models to be tested in.

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Spend your Bitcoin SV directly in shops with Zeux

Business 7 March 2019

Spend your Bitcoin SV directly in shops with Zeux

Bitcoin SV is taking yet another step closer to make its goal of becoming an electronic cash system a reality, and it's all thanks to "forward thinking" fintech platform Zeux.

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Digital banking startup Revolut denies money laundering claims

Business 5 March 2019

Digital banking startup Revolut denies money laundering claims

U.K digital banking startup Revolut has refuted claims that it abandoned its anti-money laundering protocols and possibly processed illegal payments. They say it’s just a big misunderstanding.

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Swiss fintech sector rapidly growing

Business 4 March 2019

Swiss fintech sector rapidly growing

Switzerland might not be the biggest country, but when it comes to fintech, they are punching above their weight.

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China central bank warns of ‘declining relevance’ for cash in digital payments boom

Business 4 January 2019

China central bank warns of ‘declining relevance’ for cash in digital payments boom

The central bank of China has warned of the declining relevance of cash, amidst a surge in the adoption of digital payment systems.

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US bankers up in arms over Robinhood’s checking, savings products

Business 20 December 2018

US bankers up in arms over Robinhood’s checking, savings products

Representatives of two of America’s leading bodies for the banking industry have hit out at Robinhood Financial over their checking and savings accounts, which claim to offer an alternative to mainstream bank accounts.

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Startup Revolut gains European banking license

Business 14 December 2018

Startup Revolut gains European banking license

UK-based fintech firm Revolut has been awarded a banking license in Lithuania, giving the firm access to provide current accounts and loan services across the EU from 2019.

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‘Relaxed’ Swiss license allows fintech startups to accept public deposits

Business 5 December 2018

‘Relaxed’ Swiss license allows fintech startups to accept public deposits

The Swiss financial regulator has issued fresh guidelines for fintech startups, giving leeway to licensees to accept up to CHF100 million ($100.1 million) in public deposits, in a radical move designed to boost innovation in the sector.

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Jerry Chan: You shouldn’t just be ideological, blockchain should be profitable

Interviews 27 August 2018

Jerry Chan: You shouldn’t just be ideological, blockchain should be profitable

Jerry Chan, chief of digital asset solutions at Tokyo-based fintech company SBI Bits, discussed with CoinGeek’s Stephanie Tower the potential of cryptocurrencies in the coming years.​

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Philippine economic zone sees strong demand for crypto licenses

Business 1 August 2018

Philippine economic zone sees strong demand for crypto licenses

CEZA, which operates the Philippine government-owned Cagayan Special Economic Zone (CSEZ), expects to receive as much as $68 million in licensing revenue, with 17 firms already having paid in full to be licensed to operate cryptocurrency businesses there.

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Bermuda wants new class of banks for blockchain, fintech companies

Business 4 July 2018

Bermuda wants new class of banks for blockchain, fintech companies

The government of Bermuda is making amendments to its Banking Act, which will pave the way for a new class of banks that will cater fintech and blockchain companies in the British overseas territory.

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