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Global regulators neutral on new rules for ‘hyped’ fintech
Analysts have said banks could become irrelevant as fintech firms become the “face” of financial services, a scenario Basel said seems far-fetched.
- Categories
- Finance
- Tags
- fintech, regulations
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Local entrepreneur starts Jamaica’s answer to Amazon
Jamaica's leading information technology magnate Douglas Halsall still has a little way yet to complete his current fixation, which is to fully digitalise operations at the University Hospital of the West Indies (UHWI), Mona.
- Categories
- Health Care, Technology
- Region
- North America
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Japan Urged to Tap Dormant Bank Accounts to Promote ‘Impact Investment’
The concept of impact investment has gathered momentum globally, Cohen said, as cash-strapped governments look for money from the private sector to tackle issues such as child welfare and caring for the elderly in an ageing society.
- Categories
- Investing
- Region
- Asia Pacific
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Google’s Tez payments app now lets users handle their utility bills and more
Google’s Tez payment service in India has gotten a major update that allows users to pay their utilities and other bills via the app.
- Categories
- Finance
- Region
- South Asia
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India fintech seeking to raise at least US$87m to grow tech capabilities
AN Indian fintech company is seeking to raise over US$87 million of equity funding to expand its technological and analytics capabilities.
- Region
- South Asia
- Tags
- fintech, venture capital
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Ronald Cohen’s Impact may get $2 billion for India
“Impact is mainstream in India now. These will be two large catalytic vehicles. We are starting a series of consultations in India which will culminate into a launch in October this year,” said Ronald Cohen, Chairman, GSG who is also Co-Founder and Director of Social Finance UK, Social Finance USA, Social Finance Israel.
- Categories
- Investing
- Region
- South Asia
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Africa’s first bitcoin exchange targets 1 billion users
Luno, founded in South Africa in 2013, has plans to become one of the leading cryptocurrency traders in the world.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency, fintech
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Viewpoint: Women’s Financial Inclusion Needs a Bigger Fix Than Digital IDs
Until governments and banks tackle issues such as corruption, low informal sector wages and female illiteracy, digital ID systems like Aadhaar will do little to improve the financial inclusion of poor women in India, says economist Debdatta Saha.
- Categories
- Finance, Technology
- Region
- South Asia
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