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Fintech News

Fintech News

China supports fintech development

Submitted by Newsroom on Tue, 06/27/2017 - 14:30

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

Submitted by Newsroom on Sun, 06/18/2017 - 16:13

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.