Hello September, hello fintech news! Spanning the globe with stories from China and post Soviet countries, a global funding round-up & research findings on blockchain and insurtech; we’ve got you covered to get you through the weekend.
The Netherlands’ Central Bank clarified that relevant firms in the sector must register with the institution if they wish to continue to operating. They revealed they will begin regulating firms that offer crypto-related services as of January 2020.
Retail banks have made great strides in developing digital business models, introducing millions of people to mobile banking and becoming expert providers of data-based services. When it comes to blockchain, they have remained mostly on the sidelines, but there is value to be gained through the right approach.
There are many challenging areas for the traditional Fintech industry to get into, with one of the most challenging areas in the world being the Post Soviet space. This includes Russia and any country that used to be part of this space.
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