Tagged: pwc

December 25, 2019 @ 9:28 pm By Omar Faridi  |  

Malaysia now appears to be a promising market for virtual or challenger banks, according to Big Four auditing firm PricewaterhouseCoopers’ (PwC) Malaysia division. The country’s reserve bank is planning to introduce its virtual or digital banking licensing guidelines for industry consultation. In a recent interview,… Read More

December 23, 2019 @ 11:51 am By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) has published a report entitled “Reshaping Banking with Artificial Intelligence.” The Report is part of a series of publications on applying AI technology, including Robo-advisors, to the banking industry. Hong Kong has emerged as a top Asian Fintech hub… Read More

December 11, 2019 @ 7:15 pm By Omar Faridi  |  

Fintech companies in Vietnam acquired $410 million, or 36% of the total global capital invested into Southeast Asia’s economies between January and September of this year, which is right behind Singapore. Vietnam’s market share of regional VC funding allocated to Fintech-related projects increased from only… Read More

November 14, 2019 @ 10:58 am By Omar Faridi  |  

The Luxembourg House of Financial Technology (LHoFT), a dedicated Fintech center focused on promoting the development of innovative financial services, and the Centre for Finance, Technology and Entrepreneurship (CFTE) are establishing the Luxembourg Academy of Digital Finance. According to a release shared with CrowdFund Insider,… Read More

October 2, 2019 @ 7:00 pm By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have revealed the 40 finalists have been shortlisted for the Fintech Awards to be presented at this year’s Singapore FinTech Festival x Singapore Week of Innovation and Technology (SFF x SWITCH)…. Read More

September 13, 2019 @ 1:39 pm By Omar Faridi  |  

The ASEAN Financial Innovation Network (AFIN) committed to two memorandums of understanding (MOUs) on September 11, 2019, with Bridge+ and “Big Four” auditing firm PricewaterhouseCoopers’ (PwC) Singapore branch. Managing director of AFIN Manish Diwaan noted: “AFIN is delighted that industry leaders are coming together to… Read More

September 13, 2019 @ 2:15 am By Omar Faridi  |  

The majority of fundraising events and mergers and acquisitions (M&A) deals in the crypto asset sector are being finalized in Asian and European markets, overtaking the once-dominant role of the Americas, according to a recent report from “Big Four” professional services company PricewaterhouseCoopers (PwC). Released… Read More

August 6, 2019 @ 10:24 am By JD Alois  |  

Blockchain focused investor Crypto Valley Venture Capital (CV VC), in partnership with PwC’s Strategy& and IT partner inacta, has published a report claiming that the 50 largest companies in Crypto Valley, located in Switzerland, have risen in valuation from $20 billion at the end of… Read More

July 11, 2019 @ 10:07 am By JD Alois  |  

PwC and the Crypto Valley Association have recently published an “ICO/STO Report” covering the first five months of 2019. According to the report, since the beginning of the year 250 token offerings have raised $3.3 billion. The largest funding rounds came from Bitfinex at $1… Read More

June 21, 2019 @ 8:44 am By Samantha Hurst  |  

PwC announced on Thursday the launch of its solution, Halo, for cryptocurrency auditing. According to PwC the Halo solution can provide independent, substantive evidence of the “private key and public address pairing.” Halo can also securely interrogate the blockchain to independently and reliably gather corroborating… Read More

March 17, 2019 @ 2:25 pm By Cali Haan  |  

Alex de Vries, Digiconomist.net founder and a blockchain specialist at PwC’s Experience Centre since 2015, has produced an important report on the Bitcoin network’s extreme energy consumption and waste production, which far exceed that generated by regular banking. De Vries conclusion that Bitcoin should “follow… Read More

March 6, 2019 @ 1:06 pm By Cali Haan  |  

In its latest “Strategic Alliance Bulletin,” auditing firm PwC (formerly-known-as PricewaterhouseCoopers) has countered the sanguine narratives in crypto by stating unequivocally: “Cryptocurrency has increasingly been associated with serving criminal and nefarious purposes, rather than supporting the decentralisation of ‘traditional’ currency.” That said, the company does… Read More

March 26, 2018 @ 9:27 am By JD Alois  |  

The Request Network Foundation has formed a partnership with the PwC France and Francophone Africa Blockchain Lab. According to the Request Network, this partnership will shape and develop the future of professional services, taking a leading role in offering solutions to clients’ needs of on-boarding… Read More

December 26, 2017 @ 9:13 am By Julien Courbe  |  

It would be nice if digital transformation were something that firms could buy, like Software-as-a-Service (SaaS). Unfortunately, there’s no one size fits all solution. What makes sense for one firm could be exactly wrong approach for another. But as we’re predicting that a lot of… Read More

November 9, 2017 @ 10:30 am By JD Alois  |  

Uniti, a Swedish electric car company that is in the midst of an investment crowdfunding round, has announced the creation of a new cryptocurrency and forthcoming Initial Coin Offering (ICO). Uniti states it is in the midst of  launching the “world’s first Certified Green” ICO. The… Read More

September 20, 2017 @ 10:52 am By JD Alois  |  

There are more than a few investment crowdfunding offers that are based only on a photo shop concept paired with outlandish valuations. Some of these will successfully raise money but investors are pretty much guaranteed to be aggressively diluted – if the company moves beyond… Read More

August 9, 2017 @ 3:58 pm By JD Alois  |  

Last month PwC and the Crowdfunding Center partnered on a report regarding women and crowdfunding. Referencing data collected by the Crowdfunding Center that analyzed 450,000 rewards based crowdfunding campaigns, the document entitled “Women Unbound: Crowdfunding – Unleashing Female Entrepreneurial Potential,” showed that women-led campaigns reached their… Read More

July 29, 2017 @ 9:26 am By Therese Torris  |  

French firms have formed an association to foster the sustainable growth of the cryptocurrency investment sector and weigh in on its governance. Among other things, they hope to build on progressive regulations such as the French decree that allowed crowdlending securities called minibons to be… Read More

July 29, 2017 @ 8:43 am By Samantha Hurst  |  

Startupbootcamp FinTech Mumbai announced this week it has collaborated with PwC for a new India fintech report that revealed that the “open innovative paradigm” is increasingly being adopted by many traditional institutions. “The FinTech ecosystem in India has evolved significantly since its emergence and has… Read More

July 14, 2017 @ 9:51 am By JD Alois  |  

PwC has recently published a report on the status of Fintech in China, which happens to be the largest Fintech market in the world. This week, PwC Chairman and CEO of Greater China Raymund Chao presented the research in Hong Kong to the LendIt China… Read More