Tagged: fintech sandbox

India’s New Fintech Sandbox Program will be Managed by Recently Established International Financial Services Centres Authority

Indian regulatory authorities have introduced the framework for establishing a Fintech regulatory sandbox that will help local startups with experimenting or testing out their ideas in a live environment. The Fintech sandbox program will allow established industry participants and startups to work cooperatively in order… Read More

Fintech Regulators in Malaysia Aim to Establish a “Level Playing Field” for Businesses Operating in the Same Market Segment

Malaysian Fintech firms are regulated according to the requirements provided by Bank Negara Malaysia (BNM), the nation’s central bank. Suhaimi Bin Ali, director of the Financial Development and Innovation Department at BNM, explained (during the introduction of the Fintech Booster program earlier this month): “We… Read More

UK Financial Conduct Authority Partners with City of London Corporation to Pilot Digital Sandbox Supporting Firms Addressing COVID-19 Challenge

The Financial Conduct Authority (FCA) and the City of London Corporation are partnering on a digital sandbox designed to support firms that are addressing the COVID-19 challenge. The digital sandbox will support both big finance and early state Fintechs seeking to play a role in… Read More

Israel Is Reportedly Preparing to Finally Roll Out its Fintech Regulatory Sandbox Program, which is Part of Proposals in New Arrangements Law

Israel is reportedly getting ready to launch a Fintech regulatory sandbox, in order to make it easier for local financial technology startups to test out new products and services. The Arrangements Law that the nation’s Treasury will be presenting to the cabinet will include rules… Read More

South Korea’s Fintech Sandbox Secures $111 Million in Capital, Expected to Create 380 New Jobs

  South Korea’s Fintech sandbox program has reportedly acquired $111 million in funding. The initiative is expected to create 380 new jobs, locally. South Korean officials confirmed that the financial technology regulatory sandbox had secured KRW 136.4 billion in capital, and that they’re expecting the… Read More

China: WeiyangX Fintech Review

Tencent LiCaiTong Releases “Online Wealth Management Behavior and Security Report (2019)“ On January 14th, LiCaiTong, Tencent’s wealth management platform, and National Institution for Finance & Development (NIFD) jointly released the “Online Wealth Management Behavior and Security Report (2019)”. The report published the 2019 online wealth… Read More

China: WeiyangX Fintech Review

The People’s Bank of China Releases China’s Green Finance Development Report (2018) In order to introduce China’s achievements and experience in green finance, the People’s Bank of China (PBC) has worked with relevant authorities and organizations to compile the annual China’s Green Finance Development Report… Read More

End to End Digital Securities Facilitator Propine Accepted into Monetary Authority of Singapore Fintech Sandbox

Propine, described as a comprehensive securities services provider for digital securities, has been accepted into the Monetary Authority of Singapore (MAS) Fintech Regulatory Sandbox.  Singapore is a prominent Fintech hub and has pushed forward on the emerging digital security sector powered by distributed ledger technology. … Read More

TokenMarket Closes Own STO at £240,000

TokenMarket, a Fintech operating under the watchful eye of the Financial Conduct Authority (FCA) Fintech Sandbox, has completed its first security token offering (STO) for equity in the firm. TokenMarket set an initial funding goal of £150,000 but had stated it would have accepted several… Read More

Equifax Announces New Partnership With Fintech Sandbox to Provide Access to Consumer & Commercial Data to Startups

Equifax announced on Thursday it has joined forces with FinTech Sandbox to help startups access consumer and commercial data from the Equifax platform. Participating startups pay no fees and no equity is taken. Equifax reported: “In addition to data, Equifax will give analytical support to… Read More

UK based TokenMarket Plans £10 Million Security Token Offering While Participating in FCA Fintech Sandbox

Yesterday, TokenMarket, a “Global investment platform” announced its intent to raise up to £10 million in a security token offering (STO). Perhaps the most interesting aspect of the forthcoming STO is the fact that TokenMarket will be issuing the securities under the watchful eye of the UK Financial Conduct… Read More

Fineqia Partners with Nivaura on Tokenized Bond Issuance in the UK

Fineqia (CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA) is reporting a new partnership with Nivaura, according to a release by the company. The partnership will “perform a fully automated tokenized bond issuance and administration, registered and cleared on a public Ethereum blockchain, to conduct its test for issuing… Read More

Deloitte & Innovate Finance Publish Report on UK FCA Fintech Sandbox

The Fintech Sandbox set up by the Financial Conduct Authority in the UK has now been in operation for the past two years. The trailblazing project has since been replicated multiple times around the world. The concept was simple: create a safe haven for Fintech… Read More

First of its Kind Arizona Fintech Sandbox Looks to Partner with Fintech Leaders in United Kingdom

This past spring, Arizona became the first US state to create its very own bespoke Fintech Sandbox thus replicating a successful program initially launched in the UK. Since the UK regulatory authorities launched their Sandbox, many countries have done the same. Arizona House Bill  2343 allows… Read More

ACTIV Financial Joins FinTech Sandbox as Data Partner

On Monday, FinTech Sandbox announced financial market data vendor ACTIV Financial has joined its platform as a new data partner. According to FinTech Sandbox, ACTIV offers a variety of solutions making them the only truly end-to-end, independent market data utility in the industry. The company products… Read More

Arizona Creates a Regulatory Fintech Sandbox

Arizona has become the first state in the US to enact a law that creates a regulatory Fintech Sandbox. This is an interesting move as the US Securities and Exchange Commission has been slow to embrace Fintech innovation by creating their own Fintech Sandbox meanwhile… Read More

Sageworks Joins FinTech Sandbox as Data Partner

FinTech Sandbox announced on Tuesday that Sageworks, which offers lending, credit risk, and portfolio risk solutions to banks and credit unions, has signed on to be its new data partner. According to the organization, Sageworks will make banking and indices data available to early-stage fintech startups… Read More

Taiwan Passes Legislation Creating Fintech Sandbox in Move to Keep Up with Financial Innovation

The Taiwan legislature has passed legislation that will create a regulatory Fintech Sandbox in a move designed to keep the country up to date on the fast changing financial services industry. Inspired by the UK Fintech Sandbox, the law hopes to stop Fintech firms from… Read More

Fintech Sandbox: Financial Conduct Authority Provides Update on Participants

The UK Financial Conduct Authority (FCA) has just released an update on their regulatory Sandbox created to help aspiring Fintech firms to navigate the labyrinth of financial services rules. The trailblazing project, which has been replicated around the world, kicked off in 2014 and the… Read More

Lessons Learned: UK FCA Shares Insight into Fintech Sandbox Operation After First Year

Following the first full year of operations of the Fintech Sandbox, the UK Financial Conduct Authority (FCA) has published a report outlining lessons learned. The UK has been the trailblazer in the concept of creating a regulatory sandbox to allow innovative financial firms to work… Read More

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