News
Bank of Italy taps Algorand blockchain platform for Digital Sureties project
The Bank of Italy has selected Algorand to serve as its public blockchain platform. The platform, due to launch early next year, will be the first time an EU member state uses blockchain technology for bank and insurance guarantees.
CETIF...
Financing
China Keeps The Lending Rates Consistent For Fourth Month
For the fourth consecutive month, China held its benchmark lending interest rates steady on December 20, as predicted by the majority of market observers, who still anticipate additional monetary easing to support a faltering economy.
The five-year LPR was maintained...
Insurance
Ever-Increasing Cyber Insurance Rates and Possible Solutions
As per an industry expert in cyber security, small and medium-sized enterprises (SMEs) may be priced out of purchasing cyber insurance in 2023 as rising premium costs will continue to be an ongoing problem for the cyber insurance industry...
News
European CyberTech Startup Deal Volume to Fall 12% In 2022
For the third quarter of 2022, there were a total of 13 CyberTech seed agreements in Europe, a 41% decrease from the second quarter. In the first three quarters of 2022, European CyberTech businesses announced 44 seed transactions, bringing...
News
400+ Investors Support African Fintech Till September 2022
In the first three quarters of 2022, there were 414 individual investors in Africa's FinTech market, up 12% from the same period the year before. African FinTech investors took part in 536 investment rounds in total, which is an...
Financing
Post-Brexit, UK To Relax Financial Laws To Gain Global Clout
The British government has announced a significant overhaul of financial rules in what is perceived as an effort to support the nation's position, which has been shaken by Brexit.
The UK's exit from the EU increased competition from Amsterdam, Paris,...
News
Fintech Future of Europe Has Shades of Traditional Banking
Giant fintech companies in Europe were founded on the promise of innovative financial methods. Their future moves are starting to resemble tried-and-true traditional banking as a result of the pressure from increasing interest rates and anxious investors.
Following US-Irish rival...
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