Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Crypto monitoring firm Elliptic raises $23m

Cryptocurrency surveillance firm Elliptic has secured $23m of investment to fund its ongoing expansion in Asia

04 September 2019

M-Payment firms form Euro association

Seven mobile payment firms covering more than 25 million registered users are clubbing together to form the European Mobile Payment Systems Association (EMPSA) which its members say will foster collaboration and facilitate international payments.

03 September 2019

News/ai

The Future of AI: Applications for banking business transformation

While artificial intelligence has established itself as a disruptive technology for decades, AI is at the peak of the hype cycle now and banks have started to apply this technology to transform traditional models of businesses.

16 August 2019

News/Alternative finance

New Zealand backs salaries paid in cryptocurrencies

New Zealand based companies can now legally pay their employees in cryptocurrency, establishing the controversial asset class as a mainstream form of payment.

13 August 2019

News/Alternative finance

SoftBank leads $200 million investment round in C2FO

Working capital marketplace C2FO has raised $200 million in a funding round led by SoftBank Vision Fund.

08 August 2019

News/Alternative finance

R3 commits to London despite Brexit uncertainty

R3, the enterprise blockchain software company, has doubled the size of its London hub amidst Brexit precariousness.

02 August 2019

News/Alternative finance

Circle CEO claims current financial system is 'failing 99% of the time'

Testifying before the US Senate Committee on Banking, Housing and Urban Affairs, Circle co-founder, chairman and CEO Jeremy Allaire highlighted that the existing financial services system is in dire need of being completely overhauled.

30 July 2019

News/retail

Taiwan issues three digital banking licences

In a first for the island, Taiwan’s Financial Supervisory Commission has issued virtual banking licences to three consortiums – the latest development in the battle between Asian internet firms and the region’s legacy banks for a stronghold over consumer finances.

30 July 2019

News/devops

How developers can leverage retail banking open APIs

Developers are now able to tap into the potential of PSD2 and open banking with no prior core banking experience and leverage open APIs to build retail banking applications. Anand Subbaraman, VP and general manager of retail banking, at Finastra believes that the potential for open APIs is limitless, and we are now in the fourth generation of banking.

30 July 2019

News/cloud

BMO taps Demica supply chain finance tech

Bank of Montreal is joining forces with working capital outfit Demica to provide clients with supply chain finance options.

15 July 2019

News/Alternative finance

Funding Circle share price punished as demand for loans diminishes

Shares in P2P lender Funding Circle have dropped by 25% as the company warns that the uncertain economic outlook has reduced demand for loans.

02 July 2019

News/Alternative finance

Intesa Sanpaolo ventures into crowdfunding with BacktoWork24 stake

Intesa Sanpaolo has dipped into its EUR100 million Finventures fund to take a stake in Italian equity crowdfunding site BacktoWork24.

26 June 2019

News/Alternative finance

NAB pledges $1.4bn funding for Aussie tech sector

National Australia Bank (NAB) is to commit AUS$2bn ($1.38bn) to support Australia's technology sector.

20 June 2019

News/payments

EBAday 2019: A 'Universal' approach to P27 and regional payment areas

Closing EBAday 2019 with a lively debate on what is expected from fully integrated, open-access infrastructures for domestic and cross-border payments, banking executives and technology innovators discuss how regional initiatives fit into the pan-European context, while keeping P27 in mind.

19 June 2019

News/Alternative finance

EBAday 2019: Bleckwen scoops Fintech Zone prize

After two days of live pitches from 15 cutting-edge fintech startups from across Europe and beyond, Bleckwen has been named the 2019 EBAday Fintech Zone best in show winner and will receive promotional and educational services from Finextra and the EBA.

19 June 2019

News/Alternative finance

Regulators and politicians respond to Facebook's crypto plans

Regulators, politicians and other crypto players have all responded to yesterday's unveiling of Facebook's Libra project and suggested that the social media giant's digital currency plans may face several challenges.

19 June 2019

News/Alternative finance

UK fintech salaries on the rise - report

Jobs in the UK's fintech sector have grown by 61% in the last year while demand for skilled workers has seen salaries rise by as much as 25% according to a recently published report.

18 June 2019

News/Alternative finance

Facebook reveals digital wallet plan

Social media platform Facebook has unveiled further details of its much-anticipated digital currency offering, which it hopes will transform financial services.

18 June 2019

News/Alternative finance

Money 20/20 Europe 2019 Q&A: CCAF’s Michel Rauchs

Following his panel on the ethics and governance of cryptocurrency, Finextra spoke to Michel Rauchs, cryptocurrency & blockchain lead at the Cambridge Centre for Alternative Finance (CCAF), about the use cases for DLT and the maturity of the cryptoasset market, addressing concerns around risk in addition to whether virtual currency could become a sustainable asset class.

10 June 2019

News/Alternative finance

Report lays out Nordic fintech manifesto

The majority of fintechs in the Nordic and Baltics belive that the region can dominate the fintech landscape in years to come but only if they can secure greater access to investment capital.

05 June 2019