Thursday, September 19, 2024

US regulatory environment threatens the rise of FinTech

The growth of FinTech is challenging governments to devise new regulations to meet the demands of the burgeoning industry. Read more: techcrunch.com

New EU laws legitimise FinTech challengers

Rule changes open up ways for consumers to bypass banking sector. Read more: www.ft.com

Regulatory changes to push nonprofits towards FinTech

Nonprofits, burdened by higher compliance requirements, could stand to gain the most from the cutting-edge innovations. Read more: Read more: www.pymnts.com

US FinTech regulation: a divided picture at the federal level

While the prudential regulators are testing the waters in FinTech regulation, other federal agencies have also focused on FinTech’s potential. Read more: www.bankingtech.com

FinTech valuations are cooling: accelerator

according to Ben Brabyn of Level39, Europe's largest technology accelerator for finance, there has been a recent cooling of exuberance around fintech. Read more: www.bloomberg.com

KB Financial nurtures FinTech startups

KB Financial Group has geared up to coordinate with rising FinTech start-ups to take the industry mainstream. KB Financial launched in March to offer all-in-one package of services to promising start-ups.Read more: www.koreaherald.com

Ireland and Germany will battle for FinTech crown post-Brexit

Ireland and Germany are poised to step up to fill a void as leader of Europe's FinTech scene once the UK leaves the European Union (EU). Read more: www.cnbc.com

Bank of Canada open to more FinTech experiments

The Bank of Canada is open to doing more financial technology experiments like the one it is currently conducting on a blockchain-based payment system. Read more: www.reuters.com

Banks play growing role in funding FinTech

Banks have found a novel way to fend off FinTechs plans to take them down: they are funding it. Read more: www.americanbanker.com

The seven hottest FinTech startups and solutions in Vietnam

Like other late-adopters of Internet technology, Vietnam has benefited from the cheap hardware like wireless routers and the very affordable Internet access. Read more: www.fintechranking.com

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