Author: TMC Admin

Like brakes to a bicycle, fintech must exist within the realms of regulation if it is to ditch its ‘wild west’ persona. Indeed, the adoption of various elements of the industry, like cryptocurrency, has ultimately suffered due to the lack of regulation that surrounds and supports them. Throughout the entire month of May, The Fintech…

According to the Korn Ferry Institute, by 2030 the tech industry labour-skill shortage will reach 4.3 million workers and an unrealised output of $449.70billion globally. Therefore companies seek to prioritise international growth and the Baltic countries are considered a hub for tech talents. Tech specialists needed globally The United States can expect to lose out…

Despite facing greater levels of competition, the c-suite banking industry feels like it has the technology, resources and partnerships to compete effectively.  This was the primary theme of a new report by Economist Impact and WSO2, which examined how banking institutions are addressing cultural changes, embracing digital skills and relying on technology to achieve a…

Every Wednesday, we delve into the latest fintech updates from across the UK. This week sees Plum launch a new savings account; while an educational cyber-security themed escape room-style experience launches in Cardiff.  Novus named the ‘Boldest Fintech’ Challenger bank Novus has been named the ‘Boldest Fintech’ at the 2022 BOLD awards despite only officially…

With time, terms and fees posing as common hurdles for remittance services, many are turning to the abilities of open banking to streamline their services; and the fintech firm Lemonade Finance is no exception.  Founded in 2020, the firm exists to serve the African diaspora, with a focus on enabling Nigerians, Ghanaians and Kenyans in…

The London-based regtech company ComplyAdvantage has developed a new real-time interface that allows users to keep track of the 8200-plus sanctions that have been placed on Russia following its invasion of Ukraine back in February.  The company’s new dynamic ‘Sanctions On Russia‘ landing page provides a comprehensive insight into the global sanctions being levied against…

LedgerEdge, the trading ecosystem, announced that it is live with a regulated corporate bond trading platform built using distributed ledger technology (DLT), the technology underpinning blockchain ecosystems and digital markets. LedgerEdge is powered by R3’s Corda, a scalable, permissioned peer-to-peer distributed platform that supports applications which foster and deliver digital trust between parties in regulated…

Cryptocurrencies have evolved immensely over the last five years. With adoption rates reaching an all-time high globally, the call for regulation has never been stronger. With this in mind, The Fintech Times spoke to Yulong Liu, MD of global partnerships at Babel Finance to learn about crypto regulation in the APAC region. Babel Finance is…

IT teams adapted to remote working in 2021 really well, so much so that they responded and resolved employee tickets 23 per cent faster than the year before whilst the overall resolution time for IT tickets went down by seven hours.  This is according to the ‘Freshservice Service Management Benchmark‘ report, the findings of which…