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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 […]

Fintechist BitConnect

BitConnect Recovers Following dip After Recording new All-time High of $446

by JP Buntinxon December 11, 2017
It has been a rather interesting week for BitConnect, to say the least. Although the value per BCC hit over $400, things have certainly taken an interesting turn. With the value now down to $378 once again, new investors will undoubtedly enter the ecosystem. There was another big dip a few days ago as well. […]
Fintechist UK Alternative Finance

Alternative Finance is Booming in the United Kingdom

by JP Buntinxon December 11, 2017
A lot of things are changing in the world of finance. Challenger banks and fintech startups effectively rival established financial institutions. In the UK, we see the online alternative finance market grow by leaps and bounds. Just last year, this industry noted a growth of 43%. It is now worth a total of GBP 4.6Bn, […]

Fintechist Russian hackers $10m Heist

Russian Hackers Steal $10m Over two Years Without Raising Alarms

by JP Buntinxon December 11, 2017
Russian hackers have made plenty of media headlines over the past two years. In most cases, it has something to do with alleged election manipulation. However, Russian hackers are also active in the financial sector. It seems one of the stealthiest crime rings has successfully stolen $10m from various financial and legal firms. This theft […]
Fintechist Digital-Only Banks UK

Digital-only Banks Start to Take Over the Market in the UK

by JP Buntinxon December 10, 2017
The financial sector in the United Kingdom undergoes some major changes as we speak. Consumers have taken a liking to digital-only banks. Although this is not entirely unexpected, the growth is rather spectacular. Half of the British consumers have or aim to obtain an account with a digital-only bank. That is rather surprising, yet it […]