News > FinTech

Blockballed: The State of Not Understanding Blockchain and Fintech's Importance to Finance
FinTech
Being blackballed is bad; being blockballed is worse. Finance execs who think blockchain and fintech are for the techies are going to get blindsided. Mark Cheng of Mind Fund Group sounded the alarm, telling the Internet Economy Summit audience in Hong Kong - including many bankers  - if you don’t take care of your customers, someone else will. And you
Attention Blockchain Startups, Porsche Wants You!
FinTech
Supercars and blockchain? I know, right? The two don’t really go hand in hand. Nevertheless, the vaunted Stuttgart-based automaker is raring to learn more about it. Earlier this month, Porsche unveiled the Porsche Innovation Contest (h/t CoinDesk), a startup competition with prizes such as a EUR25,000 pot, a 3-month stint at SpinLab – The HHL Accelerator, and a pilot project
Indonesian Fintech Firms to Double by Year End
FinTech
Indonesia may be known more for its exotic culture and its enticing beaches, but by the end of the year, it may be known for one more thing: fintech. Deal Street Asia: Indonesia – the largest economy in the south east Asian region – is betting on the great big fintech opportunity riding on its demographics and unbanked population. Indonesia,
What Your Business Needs to Know About the EU's New Digital Protection Regulation
FinTech
Implications of the new EU General Data Protection Regulation (GDPR) are a concern for almost every organisation doing business in the EU that possesses “any information relating to an identified or identifiable natural person (‘data subject’).” Despite Brexit, GDPR affects UK business working with any EU-based business, regardless of whether the business stores or processes that data on EU soil.
Would You Let a Robot Do These Jobs?
FinTech
Technological advancement has made Man a near-omnipotent being capable of achieving anything he sets his mind to. To make life easier, Man has designed machines and more notably even a clone (not in the strictest sense) of his kind — the robot. How comfortable men are with robots and to what extent they are ready or willing to outsource work
Jim Rogers Backs Chinese Fintech Firm Tiger Brokers
FinTech
Here’s something interesting. Jim Rogers, the irascible 74-year-old investment legend, is apparently bullish on fintech, so much so that he invested in a Chinese fintech firm. Deal Street Asia: Leading investment guru Jim Rogers will make an investment in Chinese online brokerage firm Tiger Brokers, the first such by the Wall Street billionaire in a Chinese financial technology (fintech) startup.
Cybersecurity is Suddenly an In-Demand Profession. Why Doesn't Anyone Want to Do It?
FinTech
At a time when an increasing amount of our lives - both financial and personal - reside online, cybersecurity has become an in-demand, well-paid profession - but also one that no one seems interested entering, according to The Economist Intelligence Unit's Oliver Pinson-Roxburgh. According to Pinson-Roxburgh, companies and governments are struggling to find qualified cybersecurity professionals, and he points to several
3 Ways Cognitive Computing Can Benefit Banks
FinTech
Always wondered how banks can use artificial intelligence to their benefit? Well, the IBM Institute for Business Value (IBV) wondered the same thing and apparently, it found three interesting ways cognitive computing can both boost banks and make their customers happy at the same time. Here they are, in no particular order, according to IBM via Forbes: Deepen customer engagement.
How These 6 Stock Exchanges Got on Board With Blockchain
FinTech
While bitcoin may have struggled to obtain universal admiration, there is a lot of love for the technology behind it: blockchain. As the financial services industry gets increasing excited about decentralized ledgers, these stock exchanges have taken a serious look at the way they can leverage the technology. Here’s how: The Korea Exchange (South Korea). It was reported that the
Video: The Upsides and Downsides of Insurtech
FinTech, Video
Padraig Walsh, a partner on Bird & Bird’s corporate law team, talks to NexChange’s Andrew Work about the potential dangers posed by insurtech and what could be done to harness them. Fintech O2O Insutech Meetup, Mar 28 : Padraig Walsh, Partner, Bird & Bird from NexChange on Vimeo.