China supports fintech development
The People's Bank of China (PBoC), the nation's central bank, has set up a fintech committee to enhance research, planning and coordination of work on financial technology. The PBoC made the announcement on its website on Monday. "Fintech, or technology-driven financial innovation, has both injected vitality into financial development and brought new challenges to financial security," said the bank in the statement.
Which are the top fintech hubs worldwide? London and Singapore lead the pack
London and Singapore remain on top as the world’s best locations for establishing and growing a fintech startup, according to a report by Deloitte, the multinational professional services firm.
Fintechs are gaining ground in the markets
Collaboration between banks and fintechs is the key to survival according to an in-depth survey, the fourth in a series released by the Economist Intelligence Unit (EIU).
Global investment into fintech ventures grows
Artificial intelligence (AI) and the internet of things (IoT) now account for almost half of total investment in insurance technology (insurtech) startups globally, new research from Accenture, a global management consulting and professional services company shows.
Digital banking is the king
First fintech investment fund in CEE region
