Category: digital currencies

The world’s first open data marketplace has come into fruition with 10 participating platforms so far.  Created by the Australian fintech and data intermediary and recipient platform Adatree, the Adatree Exchange will shift how organisations are able to procure regulated consumer data right (CDR)-ready, third-party software capabilities. Co-founded by Jill Berry and Shane Doolan, former…

UK retail investors are standing their ground amid global market sell offs with more than nine in 10 (95 per cent) either holding onto their investments or ‘buying the dip’, according to the latest ‘Retail Investor Beat’, a quarterly survey of 10,000 retail investors across 14 countries, from social investment network, eToro. Of the 1,000…

The Fintech Times Bi-Weekly News Roundup. Funding and investment Insurance startup YuLife has raised $120million in a Series C funding round. It takes YuLife’s total funding to $206million. YuLife will use the capital to broaden its reach into new global markets as well as scale its product range and deliver financial products. Konsileo, the commercial…

According to global consulting firm Mercer, software engineers in Dubai with a minimum of three years in experience earn the third highest salaries in the world, when compared to other global technology hubs such as London, Amsterdam and Berlin – earning almost 30 per cent more. This difference in compensation indicates the high demand for…

Monoova, the Australian payments automation provider, has merged with foreign exchange organisation, Moneytech FX, to deliver a single platform that enables businesses to consolidate domestic and international payment processes and take advantage of faster cross-border transactions. The businesses merged under the Monoova brand will be ideally placed to fulfil their mission of automating and streamlining…

Following an initial consultation last summer, the Basel Committee on Banking Supervision (BCBS) has published draft international standards for the prudential treatment of cryptoassets. These standards go well beyond the treatment of unbacked cryptoassets like Bitcoin, and could potentially determine the economic viability of a broad range of digitalisation projects. The BCBS has been receptive…

Are Equity Release Rate rises really necessary? Interest rates are on the rise everywhere as inflation sweeps through Western economies to the seeming surprise of everyone from the great and good. In the UK equity release is big business largely because of the meteoric rise in property values and successive governments ridiculous refusal to address…

Reliability in financial systems, and ergo financial products and apps, is essential to delivering the user experiences and reliability needed for commercial success. If we look at this underlying technology that is hidden away from the end user’s interactions, it’s a critical factor in enabling growth and gaining a competitive advantage. I will outline four…