E-Commerce: Place of Cryptocurrency in Italian Online Market

The e-commerce sector in Italy is expanding. According to the 2017 statistics, nearly half the total number of Internet users in the world have purchased something online at least once. This trend seems to be popular in China, the USA, Germany, as well as in Italy. Dominance of E-Commerce  Italy is rated as one of…

Read more »

What are the Risks of Blockchain and Fintech Regulation Policy in Italy?

The intervention of the Italian regulator in the field of distributed ledger technology (DLT) was provoked by several reasons, including the extremely categorical definition of DLT and the need for amendments to smart contracts. The group of experts appointed by the government will develop a national strategy concerning the use of financial technologies in Italy….

Read more »

Visa Teams Up SiriusXM to Revolutionize Driving Experience with the New In-Car Payments Solution

Photo: VisaCommunication / YouTube Visa, an American multinational financial services corporation that facilitates electronic funds transfers throughout the world, has partnered with SiriusXM Connected Vehicles Services Inc., a subsidiary of Sirius XM Holdings Inc. with the aim to create a new in-vehicle payment solution. Visa and @SIRIUSXM are joining forces to enhance the driving experience with the SiriusXM…

Read more »

Blockchain Firms Accepted Into Dubai’s Latest Regulatory Sandbox Cohort

The Dubai Financial Services Authority (DFSA) has announced the acceptance of seven new firms into its regulatory sandbox. The DFSA’s regulatory sandbox permits tech companies to apply for an Innovation Testing License (ITL), which is part of the agency’s commitment to support innovation and the development of financial technology by enabling successful applicants to test…

Read more »

SWIFT Pilots New Payment System to Beat Back Competing Blockchain and FinTech Solutions

Photo: SWIFT The Society for Worldwide Interbank Financial Telecommunication (SWIFT), the world’s leading provider of secure financial messaging services, has announced its plan to roll out the global payment innovation (GPI) pre-validation programme which will look at using predictive analytics and artificial intelligence (AI) to improve the predictability of international payments. The first step of the…

Read more »

Ethereum Adoption Unexpectedly Hits Crypto Markets in Chile and the Philippines

Ethereum, the third-largest virtual coin by market capitalization, has been widely used in different parts of the world. The most successful implementation of this digital currency is observed in developing countries such as Chile and the Philippines, reports Ethereum’s co-founder Joseph Lubin. Chile Embraces New Fintech    Cryptocurrency in Chile has been doing a great…

Read more »

InstaReM CEO: We Are Looking to Acquire Licenses in APAC Region

Cross-border payments are a perennial problem for both individuals and businesses alike. And though many new service providers have risen up over the past twenty years, issues still remain. Hidden fees and bad exchange rates are often the name of the game and can leave a user feeling as though they got gypped. Companies such…

Read more »

Ethereum’s Joe Lubin: Blockchain Will ‘Take a Little Longer’ to Develop Than the Web

Blockchain will “probably take a little longer” to develop than the internet, because it is “much more complicated,” ConsenSys creator Joseph Lubin told German media outlet t3n in an interview, Cointelegraph auf Deutsch reported Nov. 9. Lubin, who is also the co-founder of Ethereum (ETH), told reporters that blockchain technology is developing in a similar…

Read more »

First Derivatives Reports 20% YoY Increase in H1 2019 Revenue

First Derivatives (FD) has announced its unaudited financial results for the six months ended August 31, 2018. For the first half of its 2019 fiscal year, FD, a consulting firm and software provider to trading companies, experienced solid results across its key financial areas. Taking a look first at revenue, FD managed to achieve a…

Read more »

SEC Launches FinHub to Engage with ICO and Other FinTech Startups

In a welcome development for blockchain and cryptocurrency firms, the U.S. securities regulator has launched its Strategic Hub for Innovation and Financial Technology (FinHub). SEC Announces FinHub The U.S. Securities and Exchange Commission (SEC) has announced the launch of FinHub, its Strategic Hub for Innovation and Financial Technology. The announcement was made earlier through a…

Read more »

Fintech Trends Q2 2017

Source: Read Full Article

Read more »

European Financial Watchdog Allocates Over 1 Million Euro To Monitor FinTech And Cryptocurrencies

The European Securities and Markets Authority (ESMA) has revealed that it will spend more than €1 million ($1M USD) to monitor FinTech and cryptocurrency activities during 2019. Founded in 2011, the ESMA works in the field of securities legislation and regulation to improve the functioning of financial markets in Europe, strengthening investor protection and co-operation…

Read more »

Abi Lab Blockchain Project Moves to Phase Two After Initial Success

An Italian blockchain project, involving fourteen of the pizza-loving country’s banks, is moving ahead after a successful initial testing phase. Companies participating in the Spunta Project, which is being spearheaded by Abi Lab, will now be working with the blockchain system on a daily-basis. If you’ve spent the last 12-months holidaying on Mars, you may…

Read more »

Austrian Government To Leverage Ethereum Network To Issue Bonds

The central European country will use blockchain technology in its next federal bond auction. Austria will hold an auction next Tuesday, October 2, to issue 1.15 billion euros (over $1.34 billion as of press time) in bonds managed by the Austrian Federal Financing Agency (OeBFA), according to a recent report from regional newspaper Kleine Zeitung….

Read more »

NAGA Group at the Leading Edge of Fintech

NAGA Group, one of the top players in the cryptocurrency industry, has made huge strides in becoming the sector’s go-to platform. With 7 unique working products, NAGA Group will introduce another six that will step up their game even more. The company has perfected the recipe to success in the fintech industry by creating a…

Read more »

Nasdaq to Acquire Swedish Fintech Provider Cinnober

Nasdaq, an American stock exchange, announced today that it will acquire Cinnober, a Swedish fintech provider to brokers, exchanges and clearinghouses. Nasdaq made an all-cash recommended public offer to the shareholders and warrant holders of the firm worth $190 million. Nasdaq will fund the acquisition with either cash on hand or liquidity available under existing…

Read more »

Reasons Why an Honest ICO Rating is Crucial in Fintech

An Initial Coin Offering or ICO is important in the development of new technologies. Here are the reasons why an honest ICO Rating is important in the Fintech industry. The financial landscape has been molded to accommodate digital currency. Many companies develop their own technologies using an ICO. An ICO is also known as an…

Read more »

Exclusive: Head of CySEC-

The last time we interviewed Demetra Kalogerou, the Chairwoman of the Cyprus Security and Exchange Commission (CySEC), more than two years ago, the topics on the table were very different. Back then, the watchdog was still contemplating how to handle offshore call centers and whether to outlaw binary options. Fintech was a nice buzzword, whereas cryptocurrency…

Read more »

OCBC Pilots Two AI Technologies to Increase Anomaly Detection in Trading

Oversea-Chinese Banking Corporation (OCBC) announced today that it has piloted two artificial intelligence (AI) fintech solutions. The solutions aim to strengthen internal controls to protect the interests of customers and shareholders. Specifically, the solutions aim to increase the detection of anomalies that are found during the audit of trading activities. It achieves this by analysing…

Read more »

SWIFT, IBM Make Headlines with Cross-Border Initiatives, Blockchain is a Transaction Conduit

Beyond Cryptos, Blockchain is making waves as a pipeline for transactions. China perhaps is in the news amid degradations on trading. There are several initiatives from financial institutions such as banks in China to use Blockchain technology to exchange assets. In other payments facility-related offerings, some preeminent names have created some straddles.    Blockchain-enabled Conduit…

Read more »