“Richard Branson-backed” hyperloop startup seeks funding on Bucharest's SeedBlink
15 hours ago
Montenegro's central bank said on July 12 it has established a fintech hub to provide support to startups and banks active in the field.
The CBCG FinTech Hub - Regulatory Innovation Center was set up to become a place where the fintech sector and commercial banks will be able to present their innovations and seek the interpretation of the central bank on innovations in the field of financial operations and payment service, the central bank said in a statement.
“By establishing the Regulatory Innovation Center, the Central Bank of Montenegro supports the development of modern technologies in the financial market in a way that improves the safe and efficient functioning of payment operations,” it noted.
The hub will aim to provide informal support to business entities that develop an innovative product or service in the field of fintech.
It will also be a platform through which the central bank will respond to inquiries, exchange opinions and provide clarifications.
CBCG FinTech Hub is open for consultations with all fintech companies, whether operating in Montenegro or abroad.
Related Content
Tech
“Richard Branson-backed” hyperloop startup seeks funding on Bucharest's SeedBlink
Swisspod Technologies, co-founded by Romanian Denis Tudor, is developing a fully-electric capsule that travels at near-sonic speeds.
Russia cracks down on foreign hosting providers
Russian authorities have cracked down on foreign hosting providers and cloud service companies, blocking access to their websites.
Kyrgyzstan to hit TikTok with access curbs “to protect kids’ mental health”
Targeting of social media favourite follows regime’s moves against news outlets, civil society and opposition politicians.
Banca Transilvania launches Romania's first neobank
Salt Bank was created on the foundations of Idea Bank, which was taken over by Banca Transilvania.
_1711970902.jpg)
Russia's data management segment boosted by foreign vendors' exit
While the exit of foreign vendors following Russia's invasion of Ukraine two years ago dealt a hard blow to some industries, other sectors have benefited, such as Russia's data management and storage industry, which is projected to triple by 2027.
Most Read
-
Ukraine's birth rate plummets to 300-year low as country’s population collapses
2 days ago
-
COMMENT: Armenia's decisive turn towards the West
1 day ago
-
US senators seek closer ties with Western Balkans to combat Russia's 'malign influence'
1 day ago
-
Remittances come to the rescue of Lebanon’s battered economy
1 day ago
-
Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
2 days ago
-
Iran vs Israel: Who is better equipped for war?
5 days ago
-
Saudi Arabia to scale back plans for Neom city
9 days ago
-
BREAKING: Iraq, Syria and Jordan close airspace amid Iranian strike on Israel
5 days ago
-
PANNIER: Caspian military drills that exclude Russia and Iran have some people in Moscow asking questions
7 days ago
-
Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
5 months ago
-
Russia could pay off its entire external debt tomorrow, in cash
20 days ago
-
Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
24 days ago
-
Albanians campaign on social media to keep bus bridge created in freak accident
1 year ago
-
UBN: Russia could take the Baltic states in 48 hours
29 days ago
-
BRICS announce a blockchain-based payment system to create a common currency
22 days ago