FinTech News

Fintech is an industry composed of companies that compete with traditional financial institutions by implementing new, innovative technologies into their working process. The cryptocurrency Fintech sector has been exploring the use of blockchain and blockchain-based applications as a new technology to challenge traditional ways of doing business. Blockchain, smart contracts and cybersecurity are some of the most actively researched areas of Fintech. Crypto Fintech sees cryptocurrencies as a means of establishing a secure and traceable way of transferring assets and getting rid of intermediaries. However, blockchain is not only suitable for regular transactions, but may help in such fields as voting and dividends management by establishing a trusted and immutable network with unchangeable records about past events.

News
Shareholders in German fintech Wirecard are taking legal action against Big Four auditor EY in the fallout from the scandal now engulfing the company.
Shareholders File Criminal Complaint Against EY for Alleged Role in Wirecard Scandal
Marie Huillet
2020-06-29T11:13:00+01:00
5187
Follow up
Most believe that the FCA’s latest efforts to monitor the U.K.’s crypto ecosystem are a step in the right direction.
When Big Ben Rings: UK FCA’s Stance on Crypto Seen as Harsh but Fair
Shiraz Jagati
2020-06-28T13:45:00+01:00
5794
News
Wirecard is now filing for insolvency as a sudden $2.1 billion hole in its balance sheet wipes out 32% of the supposed assets owned by the company.
Troubled Debit Card Issuer Wirecard Files for Insolvency
Andrey Shevchenko
2020-06-25T10:41:00+01:00
4496
News
The CEO of Wirecard, who resigned recently, was arrested by German police under accusations of conspiring to inflate assets and revenue to entice investors.
Resigned Wirecard CEO Detained by Police as $2.1B Fraud Threatens Company
Andrey Shevchenko
2020-06-23T12:27:00+01:00
9013
Opinion
Security token exchanges could prove to be an option for companies that are seeking public funding but can’t partake in the current IPO process.
Security Token Exchanges May be the Next Phase in the Finance Evolution
Jay Fraser
2020-06-18T15:29:00+01:00
4799
Opinion
Now, more than ever, the need for economic efficiency and transparency is omnipresent, and emerging technologies such as blockchain have highlighted the dire ne...
COVID-19 Accelerates Digital Innovation and the Breakdown of Analogue Living
Kailin O’Donnell
2020-06-10T18:41:00+01:00
3569
Opinion
Distributed ledger technology has the potential to solve a lot of economic and social problems, but there are some that we have to solve ourselves.
No, Blockchain Technology Cannot Solve Everything
Paul de Havilland
2020-06-09T17:50:00+01:00
4839
News
The Saudi Arabian Monetary Authority has transferred funds to local banks using blockchain technology.
Central Bank of Saudi Arabia Transfers Funds to Local Banks Over Blockchain
Mohammad Musharraf
2020-06-08T14:01:00+01:00
9846

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