Commerce

Which Countries Have the Most Business-Friendly Regulatory Environments?

The importance of regulations for economic prosperity National and international regulatory authorities play a vital role in economies’ potential for healthy growth and transformation. They have an important goal of ensuring viability and development for the society in the long-term because no market participant, especially businesses, would be able to...

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Payments

BaaS is becoming the sexiest vertical in fintech

BaaS (bank-as-a-service) is the new black. One week ago former Barclays CEO Antony Jenkins has launched a new startup that aims to modernise the back office technology used by banks. 10x Future Technologies is working on a cloud-based core banking system — the technology that allows banks to hold deposits...

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Payments

MOTO To Invisible Payments To Seamless Transactions

While advances in encryption aim towards protecting sensitive data, tokenization replaces sensitive data with a token or a pointer to the original credential. To a potential intruder or man-in-the-middle, the pointer or token in itself does not have any value, but in the hands of a legitimate participant, the token...

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News

A First in ASEAN: 6 P2P Lending Licenses Granted in Malaysia

Six P2P lending licenses were granted in Malaysia recently, making them the first authorized platforms in the ASEAN region. On Thursday the Securities Commission of Malaysia said that it had registered six peer-to-peer lending platforms – B2B FinPAL, Peoplender, Ethis Kapital, ManagePay Services, Modalku Ventures and FundedByMe Malaysia. According to...

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Fintech

International FinTech Regulatory Sandboxes Launched by Forward-Thinking Financial Authorities

As financial technology startups become an immense part of the global financial system, an appropriate environment is required to understand and leverage opportunities presented by new entrants. Regulatory Sandboxes became a universal framework, in which regulators, financial institutions, entrepreneurs and industry professionals can interact and better understand each other. Among...

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Fintech

Conversational Systems Will Enable Businesses of the Future to Be 'Invisibly Present' Through Time and Space

One of the strategic technology trends for 2017 are conversational systems. As defined by Tata Consulting, enterprise conversational systems offer a messaging or conversation-driven user experience and facilitate contextual conversations around business events. Through connected APIs, enterprises can build conversational systems that aggregate business events from every area of the enterprise...

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Blockchain

Blockchain-Powered Revolution in the Insurance Industry

Last year, >$1.2 billion was invested in InsurTech startups – six times the amount invested in 2010, making the insurance industry one of the most exciting areas of innovation with the highest disruption potential for tech-powered startups. According to a 2015 report from WEF, “The most imminent effects of disruption...

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