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UK fintech industry fears Brexit-induced talent squeeze, CoinDeal Sponsors an English Football Team

UK fintech industry fears Brexit-induced talent squeeze

With the UK’s imminent exit from the European Union (EU), the growing fintech sector is at risk of losing momentum, with access to talent and the continued ability to do business across the EU single market seen as vital. Venture capitalists (VC), which invest hundreds of millions of pounds in the fintech sector, said London is at risk of losing its position as a leading fintech hub. Despite the UK capital’s undoubted advantages, such as its rich financial services ecosystem and supportive regulator, Brexit-related problems such as reduced access to talent and the inability to...

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Category: Fintech

Image & article ref: computerweekly.com

CoinDeal Sponsors an English Football Team in the Premier League

There is hot news about the first cooperation of it’s kind – the crypto-based CoinDealexchange, founded by Adam Bicz, Kajetan Maćkowiak and Filip Dzierżak from Wroclaw, became the official sponsor of the Wolverhampton Wanderers team, which this year, after six years of absence, returns to the English Premier League. This is a historical event. It is a first time that the logo of the company established by the Poles would appear on the T-shirts of the English Premier League team.

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Category: Crypto Exchange & Football

Image & article ref: fintechnews.sg

UK Financial Regulators Are Preparing for a World of Crypto Assets

Blockchain crowdfunding ideas may be ten-a-penny these days, but seeing the concept tested out by a financial regulator and a major stock exchange is pretty unique. Still, that's what's happening now in the U.K. where the London Stock Exchange Group (LSEG) and U.K. financial regulator, the Financial Conduct Authority (FCA), are working with distributed ledger technology startup Nivaura and 20|30, a UK company building a blockchain platform for corporate equity issuance. One of the more exciting projects within the fourth cohort of the FCA's regulatory sandbox ...

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Category: Blockchain & Finance

Image & article ref: coindesk.com

The Economics Of Artificial Intelligence

Artificial Intelligence (AI) is a lot of things. It's a game changer for business, it can enable humans to work smarter and faster than ever before, and it could potentially have a significant impact on economies and the labor market. But at the root of it all – the function which gives AI value – is the ability to make predictions. Calculating – more quickly and accurately than has ever been possible – what the likelihood is of a particular outcome, is the fundamental advance which AI brings to the table. To start with, it’s worth defining what we mean when we talk about AI...

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Category: Artificial Intelligence

Image & article ref: forbes.com

100,000 Crypto PoS Machines Will be Distributed by 2021, Korea Main Target

In an interview with ZDNet Korea, Cheah said:

“In the next three years, at least 100,000 crypto PoS machines will be distributed. In the past six months, merchants have requested 25,000 crypto PoS machines from Pundi X.” As Starbucks chairman Howard Schwartz previously said, multi-billion dollar conglomerates outside of the cryptocurrency and finance sector are currently skeptical toward digital assets like bitcoin and ether, the native cryptocurrency of the Ethereum blockchain protocol, due to their lack of merchant adoption. He said:“I personally believe that there...

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Category: Payment Processing

Image & article ref: ccn.com

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