Global News and Events

Central Banking and Fintech—A Brave New World?

Source: https://www.imf.org/en/News/Articles/2017/09/28/sp092917-central-banking-and-fintech-a-brave-new-world Governor, Distinguished Guests, Ladies and Gentlemen—Good morning! Thank you, Mark [Carney], for that kind introduction, and thank you to the Bank of England for inviting me to this wonderful event. This is a moment to celebrate 20 years of independence during which the Bank of England has been a stabilizing force for the U.K. economy, … Continue reading "Central Banking and Fintech—A Brave New World?"
Global News and Events

World Economics Forum, analysis of the outlook for Fintech

Source: www.finextra.com The World Economic Forum has just completed one of the most thoroughgoing studies into the effect of fintech on the financial services industry. Although ‘Beyond Fintech: A Pragmatic Assessment of Disruptive Potential in Financial Services’ isn’t the most imaginative title, the study contains over 150 interviews and accounts of ten international workshop sessions. … Continue reading "World Economics Forum, analysis of the outlook for Fintech"
Global News and Events

How Blockchain Is Kickstarting the Financial Lives of Refugees

Finland’s digital money system for asylum seekers shows what blockchain technology can offer the unbanked. For a refugee in a new country, identity—at least in the official sense—can be among the hardest things to recover. And without an official ID it is nearly impossible to advance in society.
Global News and Events

FinTech will grow globally through collaboration

Article from www.virgin.com In some ways big business has never been bigger. As Apple surges past an $800bn valuation it’s increasingly clear that a small number of tech companies are monopolising international markets.
Global News and Events

Fidelity adds Bitcoin to website and cafeteria as the digital currency hits new record

Article from Vito Petan on LinkedIn Fidelity, one of the largest asset managers in the world, added bitcoin support to their website and started accepting the digital currency in its employee cafeteria, as it tries to position itself as the pioneer in digital currencies among the large financial firms. As Bitcoin price hit $2,650 today, it … Continue reading "Fidelity adds Bitcoin to website and cafeteria as the digital currency hits new record"
Global News and Events

Launch of Zelle Is Proof That FinTech Firms Have the Power to Sway Big Banks

Article from www.letstalkpayments.com Since its founding in 2009, Venmo has established itself as one of the premier peer-to-peer money transfer servicesand one of the most prominent names in FinTech. From its humble beginnings as the brainchild of former college roommates, the app was the first to enable quick and easy money transfer between friends and last … Continue reading "Launch of Zelle Is Proof That FinTech Firms Have the Power to Sway Big Banks"
Global News and Events

Bitcoin startups stalled by banks

A FinTech industry without cryptocurrency is simply absurd in this day and age.  Read all about this emerging market and the challenges facing bitcoin exchanges as they try to establish themselves in New Zealand.  There is a massive opportunity presented by cryptocurrencies and we need to be encouraging our banks and regulators to step up … Continue reading "Bitcoin startups stalled by banks"