Search Results for: finance industry
China leads FinTech industry in Asia
February 21st, 2017
China is home to six of the world’s 22 venture capital-backed financial technology ‘unicorns’ — start-ups valued from US$1 billion Mega deals in China drove the total amount of funding raised by venture capital-backed financial technology start-ups in Asia to ...
The dawn of financial technology in Islamic finance
December 23rd, 2016
Over the past decade, financial technology — widely referred to as FinTech — has grown primarily due to growing Internet access worldwide and the emergence of smartphones and apps. According to the Ericsson Mobility Report published last year, 70 ...
Gold Standard Approved for Islamic Finance, Opening New Market
December 6th, 2016
Standard is ‘ground-breaking initiative’: World Gold Council SPDR Gold Trust, biggest ETF backed by gold, may qualify Gold is acceptable for the first time as an investment in Islamic finance after the group that sets standards for the industry ...
6 key trends that will shape the UAE real estate industry
November 28th, 2016
Propertyfinder Group’s inaugural UAE Real Estate Trends report shows a continued undersupply of affordable villas in Dubai is pushing up prices in this segment, enabling it to outperform a broadly lackluster market that remains pressured by low oil prices ...
Deloitte: Blockchain reinvents the financial services industry
November 2nd, 2016
Deloitte Global report highlights use cases for distributed ledger technology to transform the industry Distributed ledger technology (DLT), more commonly known as blockchain, is challenging traditional business models and providing new opportunities to reinvent financial services, according to a ...
FIA joined four industry trade associations in a proposed guidance on central counterparty risk
October 24th, 2016
FIA joined four industry trade associations in a response to proposed guidance from the Committee on Payments and Market Infrastructures (CPMI), the International Organization of Securities Commissions (IOSCO) on resilience and recovery of central counterparties (CCPs). FIA, along with the Global Financial Markets ...
The 7 most influential people in European finance
September 26th, 2016
Bloomberg released its list of the 50 most influential people in the world of finance. It is a comprehensive list of Wall Streeters, politicians, central bankers and business leaders who shape the way the global economy functions and help ...
Industry Experts take to stage for Fintech EUROPE London 2016
September 20th, 2016
Managers of Wealth (MoW) event FinTech EUROPE 2016 is to be held in central London on 27 October, 2016. The speakers represent many industry leading organisations and have extensive experience which contributes to their interesting, stimulating and insightful topics ...
Digital payment firm has bought finance app maker in a $7.5 million deal
September 12th, 2016
Digital retail finance and payment industry player zipMoney has bought personal finance management app maker Pocketbook. The deal includes $6 million upfront and another $1.5 million, depending on a set of milestones. The acquisition strengthens zipMoney’s position in Australia’s ...
ASIC permanently bans former Sydney finance broker
September 12th, 2016
ASIC has permanently banned former Sydney finance broker, Jennifer Farias of Elderslie, from engaging in credit activities and providing financial services. The bannings follow an ASIC investigation and criminal action against Ms Farias who pleaded guilty in the NSW ...
