By Gola Yashu for Bitcoin News
At the start of 2015, I did something that would have seemed insane ten years earlier: I launched a startup in Seoul, Korea, as a Brit.
By Gola Yashu for Bitcoin News
By Hayley Kirton for City AM
Foreign investors can’t get enough of the UK’s financial services market, with a report out today discovering that fintech has helped push foreign direct investment (FDI) to its highest level since 2006. (more…)
By MAS Singapore
The Monetary Authority of Singapore (MAS) today released a consultation paper on proposed guidelines for a “regulatory sandbox” that will enable financial institutions (FIs) as well as non-financial players to experiment with financial technology (FinTech) solutions.
By Emily Reynolds for Wired
Social media data is being used to help approve loans for small businesses. But how prepared are traditional banks to take on nimble fintech startups? (more…)
By Anna Heim for The Next Web
May was an eventful month for Latin America’s tech scene as it once again collided with politics on many fronts, and not always for the best. (more…)
India has emerged as a new innovation ‘empire’ of choice by global corporates. Bengaluru – the information technology and start-up hub – has surpassed many global cities as a preferred destination for innovation centres, according to Capgemini’s study on ‘Innovation Empire’. (more…)
A large Chinese online lending platform accused of illegal operations has suspended operations, one of hundreds that have been shut this year by the government, as China cleans up a sector ridden with stories of Ponzi schemes. (more…)
By Bryan Yurkan for American Banker
Some banks and fintech companies are in the early stages of collaboration, but for the partnerships to fully take hold, the companies need to fundamentally understand how they each operate and what they are hoping to achieve. (more…)
By Frank Sorrentino for Forbes
As long as there has been business, there has been disruption. A recent Harvard Business Review article discussed the concept of “spontaneous deregulation,” when a shiny new technology or innovative business model emerges onto the scene, disrupts its industry and – temporarily – renders existing rules and regulations obsolete. (more…)
Microfinance is a powerful tool that can transform communities by lifting the poorest individuals out of poverty. David Simms, who has served in various leadership positions with the nonprofit Opportunity International for the past 30 years, understands the potential of microfinance. He’s seen its impact in more than two dozen countries, where his organization has leveraged the financial instruments to improve daily life. Simms is the former president and global chief development officer of Opportunity U.S. who recently founded Olive Tree Advisors, a consulting firm to nonprofits. He sat down with Tyler Wry, a management professor at Wharton, to share his insights on where the field is heading.
By James Vincent for the Verge
China has reportedly increased its scrutiny of foreign-made consumer tech products, reviewing devices — including those made by Apple — to judge whether they pose a threat to the country’s security. (more…)
By Stan Higgins for Coindesk
A deputy governor of Japan’s central bank has said that central banks worldwide need to pay close attention to developments surrounding digital currencies and blockchain technology. (more…)
By Saibal Dasgupta for Voa News
China’s online finance companies, including Alibaba and Tencent, are competing fiercely with China’s traditional banks, which are adapting to the new marketplace. (more…)
By FintechNews Singapore
The most transformative blockchains will be those that can work across geopolitical boundaries and Southeast Asia has the most potential that can be unlocked with this technology, according to a new report by DBS Bank. (more…)
By Harry Tacker for Business Insider
Welcome to a new week, this is what you need to know in tech. (more…)
In 1901 there was such a massive spat between Sydneysiders and Melburnians over which city should be capital of the newly federated Australia that a whole new city (and territory) was formed.
By Bill Michael for CityAM, Bill Michael is global head of banking at KPMG
It was another tough year for UK banks in 2015, and the challenges look set to continue. Our high-street banks are at a vital juncture: they’ve survived the crisis and are now preparing for one of the biggest overhauls of UK banking we have ever known with the introduction of ring fencing. (more…)