September 22, 2017 @ 9:12 pm By Xu Gao  |  

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

September 22, 2017 @ 1:00 pm By Samantha Hurst  |  

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

September 22, 2017 @ 10:37 am By Samantha Hurst  |  

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

September 22, 2017 @ 10:22 am By Samantha Hurst  |  

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

September 22, 2017 @ 10:00 am By Samantha Hurst  |  

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

September 21, 2017 @ 9:26 pm By JD Alois  |  

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

September 21, 2017 @ 4:00 pm By Samantha Hurst  |  

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

September 21, 2017 @ 1:34 pm By Erin Hobey  |  

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

September 21, 2017 @ 12:46 pm By Erin Hobey  |  

iCapital Network, a fintech platform democratizing alternative investments for high-net-worth individuals and their advisors, has entered into a definitive purchase agreement to acquire the US Private Equity Access Fund Platform from the Asset Management division of Deutsche Bank. “We see this deal as an important… Read More

 Tagged deutsche asset management, deutsche bank, lawrence calcano, pierre cherki, tom fortin, us private equity access fund platform

September 21, 2017 @ 12:22 pm By Erin Hobey  |  

WorldRemit, a digital money transfer company, has launched in Malaysia following the company’s acceptance as one of only four initial entrants into Bank Negara’s Financial Technology Regulatory Sandbox in June.  Ridzuan Aziz, a senior Malaysian business leader with experience in compliance advisory and fintech, has… Read More

 Tagged malaysia, michael liu, ridzuan aziz