Category : Fintech News

Most Americans Struggling Financially Despite The Strong Economy

Despite low unemployment and a strong economy scores of people are struggling financially.

Is Bitcoin Stuck In A Bearish Trend?

Bitcoin prices have fallen in recent weeks. Will the cryptocurrency suffer further losses in the near future?

Singapore Massage Chair Tycoon Eyes Virtual Banking License

Founder of Asia’s largest massage chair maker, Ron Sim, is in talks with partners to bid for one of Singapore’s new virtual banking licenses.

MAS Takes «Another Crack» at KYC

The Monetary Authority of Singapore will take «another crack» at developing a centralized know-your-customer system, naming the newly opened Bank for International Settlement’s innovation hub as a potential contributor.

Three Budgeting Apps You Should Already Be Using

Managing money and sticking to a budget can be a challenge. It is common for people to set a budget at the start of the week and then at the end of the week wonder what happened to their money. Handling investment decisions and planning a budget are...

NIUM Launches Digital Cross-Border Payments Platform in Indonesia

Consolidating its strong position in the digital cross-border payments space in Southeast Asia, the recently-rebranded NIUM (formerly, InstaReM) has received the Fund Transfers license from the Bank Indonesia. With NIUM’s innovative payments platfor...

Barely Making It Is The New Normal. Here's How Tech Can Change That

Technology is making it possible for financial providers to address Americans' financial issues and offer customers tools to help them gain financial footing.

UBS' Stinky Wework Phone Booth Woes

The Swiss bank lost out on an underwriting mandate after Wework blew off its stock-listing. And then UBS' private bankers discovered a dangerous smell in phone booths maintained by the Silicon Valley company.

5 things you need to know before buying bitcoins

Bitcoin is the most talked-about cryptocurrency in the world right now. However, most people are still in the dark when it comes to knowing the details. What is Bitcoin? Bitcoin is the new-age currency. It is completely a digital form of currency and...

Why Putting the User at the Centre of Your Innovation Strategy Drives Fintech Success

By Klaus Thorup, CTO of ClearScore I’ve always been driven to create products and services that disrupt sectors in ways that truly benefit the end user. I started my career at Betfair in 2003 as Engineering Manager where I helped build the world’s fi...

Fintechs and Central Banks: Frenemies on Regulation

Where do you draw the line between regulation and innovation? Central banks are grappling with this issue in the face of rapidly changing technology, which has the potential to decrease costs and dramatically increase the scope of financial services...