It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. According to Reuters, traditional banks will feel the impact if FinTechs start offering services such as payments, crowdfunding, mobile banks and online trading. Some analysts even believe...
As part of a new set of rules for FinTech companies, Indonesia’s central bank is preventing them from using cryptocurrency. According to a Thursday (Dec. 7) report by Bloomberg, Bank Indonesia deputy governor Sugeng told reporters in Jakarta the rule goes into effect on Jan....
March 20, 2018
Regulators from around the world are teaming up to create a blueprint for a global FinTech “sandbox.” According to Reuters, Britain’s Financial Conduct Authority (FCA) announced the plans for a global testing bed for new financial technology apps. “Later this week we start work with interested regulators, including colleagues across Europe, the U.S. and Far […]
February 20, 2018
It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. According to Reuters, traditional banks will feel the impact if FinTechs start...
December 08, 2017
As part of a new set of rules for FinTech companies, Indonesia’s central bank is preventing them from using cryptocurrency. According to a Thursday (Dec. 7) report by Bloomberg, Bank...
