The United Kingdom’s Financial Conduct Authority (FCA) and ASIC informed that they have signed an Enhanced Cooperation Agreement between their Innovation Hubs to extend their existing agreement of cooperation and coordination on fintech innovation. This agreement forms part of the broader Fintech Bridge signed by the UK Chancellor of the Exchequer and the Australian Treasurer.…
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Singapore Exchange (SGX) and fintech firm Smartkarma today announced a partnership to roll out the C-Suite Pilot Program, a cloud-based platform that will enable SGX-listed companies to streamline their communication and data reporting to the institutional, analyst and investor communities. Listed companies will be able to communicate seamlessly with analysts and investors, monitor sentiment, compare…
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The European Commission informed that it has just unveiled its Action Plan on how to harness the opportunities presented by technology-enabled innovation in financial services (FinTech). Europe should become a global hub for FinTech, with EU businesses and investors able to make most of the advantages offered by the Single Market in this fast-moving sector.…
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Online multi-asset trading services company OANDA has recently released a new version of its trusted Exchange Rates API, which has been updated to include real-time currency rates. The rates available on the new API are updated every five seconds, providing a more accurate reflection of current market prices. In addition to providing live rates, the…
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The Vienna Stock Exchange AG (Wiener Börse AG) today announced that it has acquired a stake and has formed a strategic partnership with LIMEYARD AG, a global index provider fintech based in Switzerland, to provide real-time index calculation and data dissemination. Vienna Stock Exchange is thus aiming to expand its recognized CEE index expertise, by…
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The World Federation of Exchanges (The WFE), the global industry group for exchanges and CCPs, announced that it has welcomed the UK Financial Conduct Authority (FCA)'s initiative to consult the market on broadening the reach of its existing regulatory sandbox, and reiterated its support for a globally coherent approach to FinTech. The WFE, which represents…
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The financial technology company NEX (LON:NXG) and the research, advisory, and consulting firm focused on financial services technology, Celent, announced that they have published a new white paper. named ‘Cloud in Capital Markets - Getting ahead of tomorrow.’ The white paper provides an in-depth analysis of the benefits and risks of cloud technology and its…
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The Securities and Futures Commission (SFC) announced that it has entered into an agreement with the Swiss Financial Market Supervisory Authority (FINMA) to establish a framework for cooperation on financial technology (Fintech). Under the agreement, the SFC and FINMA will cooperate to share information on emerging Fintech trends, developments and related regulatory issues as well…
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The Monetary Authority of Singapore (MAS) and the Government of Maharashtra (GoM) (Maharashtra is India’s second-most populous state and third-largest state by area. Mumbai is the capital city of Maharashtra) announced that they have signed a Memorandum of Understanding (MoU) on 18 February 2018 to strengthen cooperation in promoting FinTech innovation in the two markets.…
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The Financial Conduct Authority (FCA) and the US Commodity Futures Trading Commission (CFTC) announced that they have today signed an arrangement that commits the regulators to collaborating and supporting innovative firms through each other’s financial technology (FinTech) initiatives – LabCFTC and FCA Innovate. Andrew Bailey, Chief Executive of the FCA, commented: International borders shouldn’t act as…
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