Monday, January 23, 2017

FinTech: UK vs Australia

Australia has struggled in many of the aspects that have allowed the UK to thrive. Australia’s banks have a strong foothold and are nimbler than their UK counterparts. Read more:

White House outlines broad principles on FinTech

The White House released a white paper advocating for the U.S. government to engage in efforts to promote the fintech industry. Read more:

FinTech Innovation Lab London kicks off largest programme

The 20 innovative startups chosen from among more than 300 fintech entrepreneurs around the globe who applied for Accenture’s FinTech Innovation Lab London represent the largest class in the London Lab’s five-year history. Read more:

Yes Bank opens FinTech startup accelerator programme

The application process is open until 2 February 2017. Eight to 12 start-ups will be chosen. The cohort will commence on 13 March and continue for 15 weeks. Read more:

Indonesia’s Financial Services Authority issues first regulations

The regulations lay out minimum capital requirements, interest rate provision and education and consumer protection rules. Read more:

FinTech groups fall short of banks in gender equality

Only 8% of FinTech directors globally are women, according to research by DHR International, compared with about 22% of board members at banks. Read more:

Northwestern Mutual Life launches $50m FinTech fund

Northwestern Mutual Life Insurance is the latest traditional financial services firm to make moves in FinTech investment, launching a $50m venture fund. Read more:

Ireland targets UK FinTech startups post Brexit

The Irish government is eyeing up the UK's thriving FinTech sector and will make a bid to attract startups to Dublin directly in the wake of the Brexit vote. Read more:

Will FinTech perish or prosper under President Trump?

The election of Donald Trump and the impending Brexit have created new uncertainties around the fintech industry, one of the best performing industries in 2016. Read more:

A FinTech filter for artificial intelligence in 2017

Because the technology has finally reached its tipping point, AI, and its close relative machine learning, have taken a variety of industries by storm. Read more: