Tagged: ey

CCAF Publishes First Global Blockchain Report Providing Unique Insight into Emerging Sector

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

EY: 50% of UK Fintechs Expect Revenue to Double by Next Year

According to a census taking by EY and Innovate Finance (on behalf of HM Treasury), UK Fintech firms are quite bullish on their prospects in the coming year. The report, the 2017 UK FinTech Census, states that about half of the firms polled expect revenue… Read More

China: WeiyangX Fintech Review

CBRC Issues Official Information Disclosures Guidelines for P2P Lending Platforms On August 25th, the China Banking Regulatory Commission (CBRC) officially unveiled the final version of Guidelines on Online Lending Information Disclosure Requirement. The document was released based on a pilot tighter information disclosure initiative announced… Read More

FinTech Australia & EY Launch Census on Fintech Growth

FinTech Australia has announced that the EY FinTech Australia Census 2017 is underway to help create a more vibrant Fintech industry down under. The two groups are asking that all industry participants complete the questionnaire before September 3rd. So you better hurry. This years survey… Read More

FinTech Australia Says Australia is Ahead of Other Advanced Markets Like US & Singapore in Fintech Adoption

Pointing to the recently published EY Fintech Adoption Index, Australia is doing a bit of chest pounding as their prominence in the Fintech sector rises. In a public release, FinTech Australia says Australia is now a world leader in Fintech adoption jumping ahead of other… Read More

EY Tackles Declining IPO Market: The Decline is So Significant it Warrants Policy Action

EY presented last week at the SEC Investor Advocacy Committee meeeting. The topic of the morning discussion was the decline in IPOs. As part of the presentation a report by EY was distributed. During the dot-com peak in 1996, public listings in the US hit… Read More

EY Fintech Adoption Index: China Leads the Pack. USA is Just Average

Here is another document that points to China’s size, dominance and creativity when it comes to financial innovation.  EY has published the “Fintech Adoption Index 2017” that grades the various markets where EY operates so just about most of the developed world. When you think… Read More

EY Launches New York-Based Financial Services Innovation Center

Ernst & Young LLP (EY) announced on Wednesday the launch of its new Union Square Innovation Center in New York City. According to the company, the center will focus on financial services and is a flagship location for EY wavespace, its global growth an innovation… Read More

Seedrs Delivers New Product Giving Investors Real Time Access to Individual Portfolio IRR

Investment crowdfunding platform Seedrs has released a new service that provides investors the ability to access their individual portfolio Internal Rate of Return (IRR). Seedrs described the feature as a pioneering first for the crowdfunding industry. The new service launches today and will be rolled… Read More

EY: Public Listings Have Declined by More than 50% Since 1996 Peak (Deck)

As part of the SEC Advisory Committee on Small and Emerging Companies meeting last week, there were two presentations on the decline of IPOs in the US. The first was provided by the law firm Goodwin was shared earlier on Crowdfund Insider. Also in attendance… Read More

Imran Gulamhuseinwala Receives OBE in New Years Honours

Imran Gulamhuseinwala joined the likes of Andy Murray, Victoria Beckham and Ray Davies on the annual UK New Years Honours List. This year’s list tallied 1,197 honours including 322 BEMs, 503 MBEs, and 222 OBEs.   Gulamhuseinwala, Global Lead for Fintech at Ernst and Young, earned an Officers of… Read More

EY Publishes Fintech Australia Census: A Tier One Fintech Nation

EY has published the first Fintech Australia Census.  The report is designed to be the “most detailed and comprehensive analysis of the Australian Fintech ecosystem.” The document was produced in concert with Fintech Australia, the advocacy group created to help boost utilization and awareness of Fintech…. Read More

First: EY Switzerland will Now Accept Bitcoin as Payment for Services

EY Switzerland has announced that beginning January 2017 all of their customers may settle their bills using Bitcoin. Simultaneously, EY announced that employees will be receiving a digital wallet and a Bitcoin ATM has been placed into operation and is publicly accessible to the office building… Read More

Seedrs Benelux Funds First Dutch Company, Signs Agreements with KPMG & EY

Seedrs Benelux has successfully funded its first Dutch company.  Fitmo, the Olympian-backed personal training app, is now the first Dutch campaign to fund on Seedrs following the opening of its Amsterdam office. Fitmo is a personal training app backed by Olympic star Haile Gebrselassie, who has… Read More

Innovate Finance, EY & Hogan Lovells Publish Report on Blockchain Opportunity

Innovate Finance, along with partners EY & Hogan Lovells, has published a report on Blockchain adoption.  Entitled Blockchain, DLT and the Capital Markets Journey: Navigating the Legal and Regulatory Landscape, the publication addresses distributed ledger technology (DLT) and the current regulatory environment.  The report also provides… Read More

EY Gets Caught Up in Failed P2P Lender Jinxing Investments

Shanghai Daily is reporting that global consultancy EY has gotten sucked into the collapse of peer to peer lender Jinxing Investments. According to the report, the Shanghai offices of EY has endured several protests becoming surrounded by angry investors who were under the impression that… Read More

Report: Fintech Collaboration is Key for Investment Banks

EY, in collaboration with Innovate Finance, has published a report on the need for investment banks to collaborate with Fintech firms and embrace innovation.  Entitled Capital Markets: Innovation and the Fintech Landscape, the authors state that while Fintech may have started with P2P lending, equity… Read More

Brief: Crowdcube Named EY’s Entrepreneur of the Year For London & South Region

On Wednesday, Crowdcube announced it was dubbed 2016 Ernst and Young Entrepreneur of the Year for the London and South regions. The equity crowdfunding team took to the portal’s social media pages and revealed the exciting news. Yay! @Crowdcube announced as #EOY2016UK #London & #South… Read More

Fintech Sandbox: Celebrates One Year Anniversary

FinTech Sandbox, a nonprofit that helps FinTech startups access data and build great products, today announced a series of celebrations marking its one-year anniversary. The biannual FinTech Sandbox Demo Day will be held on March 24, 2016 at Fidelity Investments headquarters. Sandbox sponsors, data partners,… Read More

The United Kingdom is the Fintech Capital of the World

In a report published today by HM Treasury, in partnership with EY, the UK declared global domination in the world of Fintech. The UK has consistently punched above its weight-class when it has come to financial innovation.  The Brits have benefited from elected officials that… Read More