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Malaysian Firm Belfrics Launches Bitcoin Exchange in India

By CryptoCoins News

Belfrics, which refers to itself as a Malaysian ‘blockchain technology’ firm, has announced the launch of its bitcoin exchange operations in India.

(more…)

Blockchain, Fintech news, India, Malaysia

January 17, 2017

Banking Future is in Digital Channels and UX Strategy, Not in Marketing

By Albert Pumpur for Finextra

2016 has just ended and 2017 has started. For most of the companies that means new strategic plans for possibility to grow in future. Banking industry is no exception. New year, new me or even better me applies for them too. Inside board meeting rooms C-level executives set new KPI’s and plan improvement on existing ones. Mid-level executives have to obey these plans.  Executives must be happy to get that yearly bonus. (more…)

Banks, Fintech news, Global trends, Mobile payments/banking

January 17, 2017

InsurTech startup Digital Fineprint joins Accenture innovation lab

By Finextra

Digital Fineprint, an InsurTech startup that harnesses social media to super-charge insurers online propositions, has been selected to take part in Accenture’s Fintech Innovation Lab in London, from over 300 applicants. (more…)

Accelerators/Incubators/Labs, Fintech news, Insurance

January 17, 2017

Remitly Now Operating In All 50 States

Remitly, the digital remittance company based in the U.S., has expanded its services to Massachusetts. (more…)

Analytics, Fintech news, Remittances

January 17, 2017

CashLess Payments to Drive LessCash Payments

By Vinod Sharma Finextra

Abstract – Essentially, digital cash mimics the functionality of paper cash. The elimination of physical cash from economy is feasible is purely a technological perspective or assumption. Our hard earned money and investments disappear into a labyrinth of financial instruments so mysterious that “money” almost becomes more of an idea than a tangible reality. (more…)

Banks, Cashless, Fintech news, Mobile payments/banking, p2p-payments

January 17, 2017

Russian banks form Fintech Association

By Finextra

Representatives of the Bank of Russia and major financial market participants approved the decision to found an Association for Financial Technologies Development (FinTech Association).  (more…)

About, Fintech news, Government activities

January 17, 2017

Google Assistant Could Soon Support Payments

(more…)

Bots, Cashless, Mobile payments/banking

January 17, 2017

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Innovate Finance flies fintech delegation to Davos

By Finextra

Innovate Finance, the independent membership organisation representing UK’s global FinTech sector, is returning to Davos this week with a delegation of members to discuss this year’s theme of Responsive Leadership. (more…)

About, Fintech news, Global trends

January 17, 2017

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FTC’s Fintech Forum to Focus on Blockchain Technology

By CryptoCoins news

The implications of blockchain technology in the consumer sector will be the focus of the Federal Trade Commission’s (FTC) 2017 FinTech Forum in March. (more…)

About, AI / Machine Learning / Big Data, Blockchain

January 17, 2017

Online Payment Security Startup Fraugster Raises $5M

By FinSMEs

Fraugster, a provider of an Artificial Intelligence (AI) technology solution to eliminate payment fraud, raised $5m in funding.  (more…)

AI / Machine Learning / Big Data, Deals, Fintech news, Security

January 17, 2017

Wells Fargo Digital Lab offers a front-row seat to the future of banking

By Finextra

Wells Fargo has has moved its Digital Labs team into a new 17000 square foot facility in San Francisco to provide a bigger stage to showcase the bank’s emerging technologies. (more…)

Accelerators/Incubators/Labs, Banks, Fintech news, Global trends

January 17, 2017

Thiel backs French biz banking startup Qonto

By Finextra

With a slate of stellar investors onboard, Qonto, a French digital business banking service for entrepreneurs and startups, is gearing up for launch. (more…)

Fintech news, Mobile payments/banking, SME

January 17, 2017

Kasisto continues chatbot momentum with $9.2 million funding

By Penny Corpsman for Payments Source
Kasisto, a provider of chatbots to banks, announced Thursday a $9.2 million Series A funding round led by Propel Venture Partners with participation from Mastercard and Commerce Ventures.

(more…)

Banks, Bots, Deals, Fintech news

January 17, 2017

Israel Tax Authority Deems Bitcoin a Taxable Asset

By Samburaj Das for CryptocoinsNews

The Israeli Tax Authority has issued an official draft circular to clarify the tax guidelines that apply to bitcoin adopters. (more…)

Cryptocurrencies, Fintech news, Government activities

January 16, 2017

Swift considers blockchain test for foreign account reconciliation

By David Heun for PaymentsSource

The Society for Worldwide Financial Telecommunication is exploring the potential of distributed ledger technology for banks to provide real-time reconciliation of their databases for accounts they hold in other banks in a foreign currency.

(more…)

Banks, Blockchain, Fintech news

January 16, 2017