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FinTech

Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.

UK Government Commits To Invest £500,000 A Year In FinTech
UK Government Commits To Invest £500,000 A Year In FinTech
November 24, 2016  |  Investments

The U.K. is already a hotbed of FinTech startups, but the government is getting behind it in a bigger way, committing to invest £500,000 a...

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Klarna, Swedish FinTech Startup, Buys Bankrupt German Startup Cookies
Klarna, Swedish FinTech Startup, Buys Bankrupt German Startup Cookies
November 23, 2016  |  Partnerships / Acquisitions

Klarna, the Swedish payment service provider, is taking over Cookies, the Berlin FinTech startup that ran out of money. According to a report, the idea behind...

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PwC Launches Vulcan, Its FinTech Offering
PwC Launches Vulcan, Its FinTech Offering
November 15, 2016  |  Blockchain

PwC announced Monday (Nov. 14) the launch of a new FinTech offering dubbed Vulcan Digital Asset Services. The service enables digital assets to be used...

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Can Moscow Overcome A Tarnished Tech Reputation?
Can Moscow Overcome A Tarnished Tech Reputation?
November 11, 2016  |  International

Innovation and ease of business aren’t necessarily the first concepts that come to mind when thinking about the tech environment in the Russian market. But...

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ZhongAn Creates ZhongAn Information And Technology Services Co.
ZhongAn Creates ZhongAn Information And Technology Services Co.
November 09, 2016  |  International

ZhongAn Online Property & Casualty Insurance Co., the first online insurance company in China, announced last week it has created a technology company dubbed ZhongAn...

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Switzerland Hopes To Relax FinTech Regulations, Boost Competition
Switzerland Hopes To Relax FinTech Regulations, Boost Competition
November 02, 2016  |  Regulation

Finextra reported that Switzerland’s Federal Council is attempting to ease regulations on FinTech firms by the beginning of next year. The council has introduced a...

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