Forbes “Fintech 50” List, Reviewed: New Players, Veterans and Startups Which Didn’t Make the Cut February 10, 2019

Recently, Forbes published the fresh edition of its “Fintech 50” list, counting the world’s top financial technology firms. Notably, there are just six crypto and blockchain companies featured this year, while the 2018 list contained 11 players from the field. Given that the notorious crypto boom of 2017 has been followed by the relentless bear […]

SWIFT India Partners With Fintech Firm for Blockchain Pilot November 21, 2018

SWIFT India has partnered with fintech firm MonetaGo to pilot a distributed ledger (DLT) network designed to improve the efficiency and security of financial products, according to a press release published Nov. 20. SWIFT India is a joint venture established by SWIFT SCRL (Society for Worldwide Interbank Financial Telecommunication) and a number of major Indian […]

Report: Bithumb Signs Deal with US Fintech Firm to Open Security Token Exchange November 1, 2018

Major South Korean cryptocurrency exchange Bithumb has reportedly signed a deal with an American fintech firm in an effort to open a securities token exchange in the U.S., South Korean Yonhap News agency reported Nov. 1. Citing individuals familiar with the matter, Yonhap reports that Bithumb signed an agreement with American crowdfunding platform SeriesOne. A […]

US Treasury Releases Fintech Report, Discusses Issues Relevant to Cryptocurrency August 2, 2018

The U.S. Treasury Department released its highly anticipated report that examines the current monetary system, discusses cryptocurrency, and proposes sweeping changes that would cut regulatory inefficiency and incubate new technologies. The report, which is titled “A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation” was drafted under Treasury Secretary Steve Mnuchin and addressed […]

Singapore FinTech Enables Instant Blockchain Remittance for Myanmar Migrant Workers in Thailand July 30, 2018

Everex, a Singapore-based financial technology firm, has partnered with Myanmar’s Shwe Bank to introduce blockchain-Powered remittance Services between Myanmar and Thailand. The blockchain firm claims that the partnership will enable millions of Myanmar migrant workers living in Thailand to send money home instantly and securely at much lower transaction costs than traditional remittance methods. Blockchain […]