Moscow Hosts First International Bank-Sponsored FinTech Cluster
Moscow’s first international FinTech cluster, Future FinTech, sponsored by Blockchain Community and venture capital fund Deep Knowledge Ventures among others successfully launched October 29. CoinTelegraph spoke to bits.media Founder Ivan Tikhonov about the importance of the event, its potential to change the Russian FinTech climate and the current legislative situation in Russia. Located above the headquarters of disruptive banking provider iBank, which also sponsored the event, the cluster brought together startups, investors and funds to exchange ideas and build relationships in a....
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On Nov. 10, representatives of IBM, Microsoft, QIWI and Sberbank will gather in Moscow to discuss challenges related to the digitizing of the FinTech sector and its transition to Blockchain. Representatives of IT, financial system and entrepreneurship will learn more about operational Blockchain projects in Russia and abroad. There are many reasons to attend the annual Blockchain & Bitcoin Conference Russia in 2016, including cases of implementing public and private Blockchains in banking, logistics, real estate and media, as well as issues connected with cryptocurrency regulation.....
A Moscow business incubator, in partnership with Waves, a decentralized platform for crowdfunding and community management, launched the second round of a fintech program to develop projects with blockchain technology, particularly for banks and fintech products. The focus is on Blockchain 2.0. The Higher School of Economics in Moscow announced the second year of HSE(Pro)Fintech. Waves, a decentralized platform for crowdfunding, community management and National Settlement Depository, is the fintech’s section’s official partner. The program develops projects for banks and their customers,....
The Royal Bank of Scotland, hereinafter RBS, is to host Scotland’s first ever fintech hub in a move backed by both the English and Scottish parliaments. Based at the bank’s headquarters in Edinburgh, the business accelerator will operate from May along with an entrepreneurial center set up last year BBC News reports. “The fintech sector has huge potential for our economy so it is essential that these entrepreneurs are given all the support they need to ensure Scotland is at the heart of the fintech revolution,” commented Louise Smith, RBS Head of Design in Personal and Business Banking.....
Moscow has adopted a positive stance toward digital assets after its invasion of Ukraine triggered a sharp response from Western nations in the form of sanctions. The Russian Federation is reportedly considering accepting cryptocurrencies for international payments in response to Western sanctions against the country that were prompted by its full-scale invasion of Ukraine earlier this year. The Moscow-based Interfax news agency and Reuters reported Friday that Ivan Chebeskov, who heads the Financial Policy Division within Russia’s Finance Ministry, is actively considering the possibility....
Intel has announced the creation of a new fintech innovation lab in Tel Aviv, The Jerusalem Post reports. The lab will be operated in association with The Floor, a fintech hub based at the Tel Aviv Stock Exchange. The work of the new Intel fintech lab will be centered on blockchain technology, biometrics and the Internet of Things (IoT). “Through this collaboration, Intel will be able to lead, alongside The Floor, the development of this field in Israel and to widen the influence of technology on the financial field, from the user to the cloud,” said Sharon Puterman-Zafrir, Intel Israel’s....