ICO Launching Services Are Proliferating Amidst Crypto-Frenzy of 2017

December 15, 2017    By : Elena Mesropyan

With demand comes supply, and the old truth proved to be working in 2017 when we saw a significant proliferation of Initial Coin Offerings (ICOs). Regulatory bodies have come through for an innovative way to fund an enterprise, extending the opportunity

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Daily Review: Gibraltar Launches World’s First License for FinTech Firms Using Blockchain

December 15, 2017    By : Elena Mesropyan

Developments in blockchain technology have taken a leap to a whole new level – the first license for FinTech firms using blockchain distributed ledger technology has been introduced by Gibraltar’s financial services watchdog. From whitepapers, to PoC, to real-world applications and

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Daily Review: FinTech Is the New Oil in the Middle East and North Africa

December 14, 2017    By : Elena Mesropyan

Governing authorities in the Middle East did not lose time in 2017, setting up innovation labs, Sandboxes, and establishing strategic partnerships with international institutions in order to turn the region into a nexus of FinTech innovation. Given that the emerging

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Daily Review: Will 2018 Be the Year of the Bank of Amazon?

December 13, 2017    By : Elena Mesropyan

As technology companies are gradually invading the financial world, the circle tightens up around the most expected step – fully-fledged banking services from the likes of Amazon. The year 2018 will reveal startups to be a healthy push to innovation

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Daily Review: The Importance of Blockchains & Cryptocurrencies in the Future

December 12, 2017    By : Elena Mesropyan

There are currently between 2.9 million and 5.8 million unique users actively using a cryptocurrency wallet, according to a study performed by the Cambridge Centre for Alternative Finance. Despite the accelerating scale of adoption and hype, Deutsche Bank deems cryptocurrencies

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Samsung Pay: The Third Time’s a Charm

December 11, 2017    By : Elena Mesropyan

After many NFC pilots and Apple Pay, Samsung seems to have cracked the code! For many in the contactless payments industry, they have had a genuine conviction each of the past 15 years: “THIS is the year of NFC!” Well,

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The New Wave Of FinTech: The End Of Banking [Video]

December 11, 2017    By : Elena Mesropyan

Mike Sigal, an entrepreneur, early-stage investor & Partner at 500 Startups, presents his views on the wave of financial technology startups that facilitate long-term changes in the financial services industry. Whether newcomers gain long-term ground or not, they set new

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Applications of Big Data Analytics That Yield the Most Value

December 8, 2017    By : Elena Mesropyan

Worldwide revenues for big data and business analytics will grow from $130.1 billion in 2016 to more than $203 billion in 2020, at a CAGR of 11.7%, IDC estimated. “The availability of data, a new generation of technology, and a

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Daily Review: 16 Million Previously Unreached People in UK Can Benefit From Robo-Advisors

December 8, 2017    By : Elena Mesropyan

The WealthTech industry is one of the most promising areas attracting substantial funding, talent and, probably, the most active on events. Financial institutions are aggressively pushing boundaries in response to the rise of tech rivals. And for a good reason

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Daily Review: Defining the Future of Payments, Visa Bets on Biometrics

December 7, 2017    By : Elena Mesropyan

The biometrics market is expected to experience a substantial growth over the coming years. Some estimates suggest that by 2020, global mobile biometric market revenues will reach $34.6 billion annually. Mobile technology is believed to become a major force in

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