Although only 14% of the deals that took place last year involved an insurer or its venture arm, this is a significant increase from 3% in 2014
Fintech firms that apply will be screened based on a variety of criteria and those selected will receive select fixed-income and equity market data
Agreement will help open markets for innovative companies in both countries
The next challenge will be developing common standards to allow collaboration and innovation to flourish
RegHackTO revealed the importance of AI, open access to data and the potential of distributed ledger technology, new OSC report states
Regulators should be flexible in dealing with fintechs
Planswell offers clients financial plans based on an online questionnaire. Clients then can sign up for services
The project will allow firms to test novel products and services without full regulatory approval in a way that also provides investor protection
Regulators in Ontario and the U.K. are aiming to ease the path for fintech firms to expand to each other’s markets