Tag: fintech

October 11, 2017 BY Valentina Kirilova

TransFICC secures strategic investment from Illuminate Financial and Main Incubator

TransFICC, the specialist provider of low-latency connectivity for fixed income and derivative markets, announced that has secured €1 million in early stage investment from capital markets specialists, Illuminate Financial and Frankfurt based early stage investor in FinTech, Main Incubator. TransFICC provides banks and asset managers with an alternative to maintaining connectivity to multiple e-Trading venues,…

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October 05, 2017 BY Valentina Kirilova

Singapore consortium to harness blockchain technology for more efficient inter-bank payments

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) announced today that the consortium which they are leading has successfully developed software prototypes of three different models for decentralised inter-bank payment and settlements with liquidity savings mechanisms. The project, conducted together with 11 financial institutions and five technology companies, is…

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September 29, 2017 BY Valentina Kirilova

Hong Kong SFC announces launch of SFC Regulatory Sandbox

The Hong Kong Securities and Futures Commission (SFC) today issued a circular announcing the launch of the SFC Regulatory Sandbox to provide a confined regulatory environment for qualified firms to conduct regulated activities utilising financial technologies (Fintech). The sandbox aims to enable qualified firms, through close dialogue with and supervision by the SFC, to identify…

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September 28, 2017 BY Valentina Kirilova

Leeds United announces partnership with FinTech marketplace CurrencyTransfer.com

FinTech marketplace, CurrencyTransfer.com announced partnership with Leeds United Football Club as the club’s ‘Official Global Payments Partner.’ The exclusive partnership will provide the club significant cost savings and a competitive advantage in the transfer market The agreement will see CurrencyTransfer.com operate as the club’s exclusive provider of cross-border payments services, including working with the club…

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September 21, 2017 BY Valentina Kirilova

Financial Regulators of Japan and Abu Dhabi Global Market cooperate on FinTech

The Financial Services Agency of Japan (FSA) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) today announced the completion of a framework for co-operation to promote innovation in financial services in Japan and ADGM. This Co-operation Framework recognises the global nature of innovation in financial services. It will enable FSA…

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September 14, 2017 BY Valentina Kirilova

SFC and Securities Commission Malaysia sign Fintech cooperation agreement

The Hong Kong Securities and Futures Commission (SFC) today entered into an agreement with the Securities Commission Malaysia to establish a framework for cooperation on financial technology (Fintech). The SFC and Securities Commission Malaysia agreed to cooperate on information sharing and referrals of innovative firms seeking to enter one another’s markets. Cooperation between regulatory counterparts…

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July 26, 2017 BY Valentina Kirilova

Abu Dhabi and Australia seal agreement on fintech cooperation

The Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) and ASIC announced that have today signed a Cooperation Agreement which provides a framework for cooperation to support and understand financial innovation in each jurisdiction. This Agreement expands ASIC's fintech cooperation network to a dynamic region with enormous potential. The Middle East and North…

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July 07, 2017 BY Valentina Kirilova

Saxo Payments calls for Fintech Industry to help merchants reach their full international trading potential

Financial Stability Board reinforces latest Saxo Payments White Paper Research The findings from the latest Financial Stability Board (FSB) underlines the ongoing challenges faced by businesses, when trading internationally, reinforcing the findings produced in Saxo Payments White Paper Cross Border Payments for Cross Border Merchants – An Internationally ‘Local’ Future – published last week. Anders…

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Thomson Reuters (NYSE:TRI)
July 06, 2017 BY Valentina Kirilova

Thomson Reuters launches Startup Incubator

Thomson Reuters (NYSE:TRI) announced the launch of Thomson Reuters Labs™ – The Incubator. Located in Switzerland, the Incubator will host early-stage entrepreneurs building next-generation products in big data, advanced analytics, distributed ledgers, artificial intelligence, machine learning and other transformational technologies. As part of the official program, startups will receive access to Thomson Reuters data and…

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