The International Organization of Securities Commissions (IOSCO) held a meeting this past week of the Growth and Emerging Markets (GEM) Committee. This committee is the largest within IOSCO, representing over 75% of their membership. Ranjit Ajit Singh, Chairman, Securities Commission, Malaysia, and Vice Chair of… Read More
Tagged initial coin offerings, iosco, ranjit ajit singh
The wild herd of Unicorns, private businesses that are valued at $1 billion or more, continues to multiply. The valuations rise as private money hunts for the next big investment trophy. Today, investing is borderless and services looking to scale tend to be country agnostic…. Read More
Tagged cbinsights, unicorn
China Takes Strict Control Over Consumer Credit, Forbidding it to Enter the Real Estate Market It is reported on September 20th that the Guangzhou branches of PBOC and CBRC have jointly issued a statement about consumer credit regulation, forbidding it to enter the real-estate market…. Read More
Tagged ant financial, china academy of information and Communications technology, huawei pay, interactive brokers, online lending, pboc, qudian, tiger brokers
UK-based digital-bank startup Starling Bank has announced it plans to raise £40 million from investors as part of its global expansion. Starling Bank describes itself as a fintech business with a banking license, fully regulated by the FCA and PRA. We were granted a banking license… Read More
Tagged anne boden, app, banking, digital-only, julian sawyer, starling bank, uk, united kingdom
Growing fintech firm eOriginal announced on Thursday it has appointed Michael Coluzzi as its new Chief Financial Officer. The company reported that Coluzzi is the third key additional to its leadership, with Brian Madocks named Chief Executive Officer (CEO) and Timothy Wall as Chief Revenue… Read More
Tagged appointment, brian madocks, cfo, chief financial officer, eoriginal, michael coluzzi, timothy wall
Fintech Australia announced its upcoming Intersekt Fintech Festival is set to be a world-first gender equality target and is part of an ongoing campaign to drive increased levels of email participation in the country’s startup sector. The festival is set to be held in Melbourne from… Read More
Tagged australia, australia fintech, danielle szetho, festival, fintech, megan caywood, vanessa ronan-pearce
European fintech firm 10x Future Technologies announced on Thursday it secured £34 million during its latest Series A funding round, which was led by China’s Ping An. Launched in October 2016 by formed Barclay’s CEO Antony Jenkins, 10x Future Technologies provides clients with a new digital platform helps financial service… Read More
Tagged 10x future technologies, antony jenkins, europe, jonathan larsen, ping an, series a funding
Report Highlights Central Bank Experimentation with Distributed Ledger Technology. The Cambridge Centre for Alternative Finance (CCAF) is out with their first Global Blockchain Benchmarking Study authored by Dr. Garrick Hileman and Michel Rauchs. The publication incorporates non-public data and states that 57% of surveyed central banks… Read More
Tagged bryan zhang, cambridge centre for alternative finance, ccaf, dlt, ethereum, ey, garrick hileman, hamish thomas, michel rauchs, research, united kingdom, visa
On Wednesday, personal finance app Clarity Money announced it has reached 500,000 users in less than seven months after launching on iOS. The app, which launched in January 2017, reportedly analyzed over $60 billion in transaction for customers and saved its users who interact with… Read More
Tagged adam dell, clarity money, mobile app, personal finance, smartphone
The Financial Services Agency of Japan (FSA) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced the completion of a framework for cooperation to promote innovation in financial services in Japan and ADGM. This Cooperation Framework recognizes the global nature of… Read More
Tagged abu dhabi, financial services agency of japan, japan, reglab, richard teng, shunsuke shirakawa, uae
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