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Fintechist al Baraka Banking Group Overhaul

Al Baraka Banking Group Announces Overhaul of its Islamic Core Banking System

by JP Buntinxon December 14, 2017
Islamic finance has proven to be a remarkable and exciting industry. Although we hardly ever hear major news in this regard, the Al Baraka Banking Group has made some major progress. Their Islamic core banking systems will receive a major overhaul. They opt for Path Solutions’ iMAL, which has multiple industry awards. This change by […]
Fintechist Blockchain Tea Farmers

Major Banks Use Blockchain Technology to Help Malawian tea Farmers

by JP Buntinxon December 13, 2017
Africa has always been a very unusual country when it comes to finance. Most regions across this continent have a less-than-stellar economy. It is evident most banks have little interest in helping out these people either. Something will have to change sooner or later, and it seems the blockchain will be a catalyst for that […]

Fintechsit Thomson Reuters Hong Kong Fintech

Thomson Reuters Signs Strategic Hong Kong Fintech Innovation Partnership

by JP Buntinxon December 12, 2017
Fintech innovation has quickly become the buzzword in the financial sector. Every player wants to innovate, but few can do it on their own.Thomson Reuters struck a major partnership to make this fintech innovation happen. Their new agreement with the Hong Kong Applied Science and Technology Research Institute is well worth paying attention to. Bringing […]
Fintechist MasterCard Millennials

MasterCard Launches new Prepaid-first platform to Cater to Millennials

by JP Buntinxon December 12, 2017
Millennials have proven to be an elusive demographic for financial institutions. Especially established players can’t cater to these people if their life depended on it. MasterCard claims they have come up with a proper solution in this regard. A new platform and product have been announced this week specifically for this demographic. It is a […]

Fintechsit Deutsche Bank Blockchain

Deutsche Bank Praises Blockchain After Slamming Cryptocurrencies

by JP Buntinxon December 10, 2017
It has been an interesting week for Deutsche Bank. After criticizing the lack of cryptocurrency regulation, the institution sang the praises of blockchain technology. According to insiders, the potential for this technology is huge. In fact, it may even reshape the financial sector as we know it today. It is evident banks see Bitcoin technology […]
Fintechist Coinbase Apology Bitcoin

Coinbase Apologizes for Degraded Performance During Massive Bitcoin Trading Spree

by JP Buntinxon December 9, 2017
Cryptocurrency enthusiasts have noted how the big exchanges remain unreliable. More specifically, the same companies are always running into issues due to insufficient infrastructure upgrades. Coinbase has a rich history in this regard, and they experienced degraded performance once again last night. The company is happy about their user growth, but they can’t keep up […]