683 articles tagged with this keyword
News/regulation
Spurring a seismic shift in the way financial services operate and are supervised, the pandemic forced regulators to reassess strategy and increasingly adopt new technologies to modernise their processes.
16 April 2021
News/crime
In June 2020, the FCA acted overnight to freeze customer accounts across UK fintech firms including Curve, Pockit, Soldo, Anna Money and Holvi, after Wirecard Card Solution’s (WCS) parent company filed for insolvency in Germany.
15 April 2021
News/payments
Pioneering a defined strategy in 2020, the European Commission outlined its intention to adopt a legislative proposal for a new Open Finance Framework by mid-2022.
09 April 2021
News/crypto
If the normalisation of Bitcoin and crypto-at-large is to be achieved, there are fundamental challenges that this ‘non-analogue’ asset will be faced with. During Citi’s Digital Money Symposium, panellists of the ‘Institutional Infrastructure for Crypto’ session explored the obstacles crypto firms have faced while trying to carve out a footing within the institutional ecosystem.
25 March 2021
Based on an independent survey of 100 fintechs across the Netherlands, Lithuania, Sweden, Switzerland, and the UK, a report by ClearBank reveals a multitude of challenges fintechs experience at the hands of their agency bank’s shortcomings.
23 March 2021
News/inclusion
2020 may have been a year of challenge, but it proved that above all else, digital resilience will remain foundational, not only to female financial inclusion, but to female representation across the fintech sector.
08 March 2021
The long awaited Kalifa Review of UK Fintech has been released, outlining a comprehensive plan to support and bolster the sector’s significant presence across the globe. Led by Ron Kalifa OBE, the in-depth review was launched almost a year ago as a component of Rishi Sunak’s first budget.
26 February 2021
News/sustainable
IMP+ACT Alliance has announced its partnership with the United Development Programme (UNDP) to provide investors with digital guidance on engaging with the Sustainable Development Goals (SDGs).
29 January 2021
The first Sustainable Finance hackathon run by data science specialists Elastacloud in association with Finextra and Responsible Risk, took place on 16 and 17 January bringing together 38 professionals from the finance and technology sectors.
Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.
28 January 2021
25 January 2021
In conversation with Richard Peers for Finextra TV, Tonia Plakhotniuk, associate director, policy (sustainable finance & financial reporting) at the Association for Financial Markets in Europe (AFME) traverses a number of predications we can expect to see around sustainable finance in 2021.
News/people
One of Sibos’ first panel sessions for 2021, ‘Make 2021 the year to improve your bank’s diversity’, saw panellists raise concern over the lack of diverse representation in financial services, particularly fintech.
12 January 2021
While Covid-19 may have wreaked havoc across financial services, according to a recent report the pandemic has driven the urgency to prioritise and actively deploy fintech initiatives by regulators.
08 January 2021
News/startups
Vinod Khosla, founder of Khosla Ventures shared the virtual stage with Jillian Manus, managing partner of Structure Capital at Singapore Fintech Week 2020 for an optimistic outlook on all that is possible with technology.
09 December 2020
Finextra Research and Responsible Risk hosted Sustainable Finance Live this week, the third workshop in a series of events encouraging collaboration in the ESGtech space.
In a virtual fireside discussion during Singapore Fintech Festival 2020, Patrick Njoroge, Governor of the Central Bank of Kenya argued that regulators must use their convening power to bring people and innovators together, this would change the dynamic between innovators and the regulators themselves to improve the journey toward digital transformation.
Finextra Research and Responsible Risk today hosted Sustainable Finance Live, the second virtual workshop in a series of events designed to create actionable ESGtech strategies and build an ecosystem of partnerships that will turn strategy into reality.
08 December 2020
Dr Ruth Wandhöfer has been appointed chair of the Payment Systems Regulator (PSR) panel amid the regulator’s increased relevance as a policy strategist between a diverse group of banks, payment service providers, fintech firms and consumer groups as a result of the coronavirus pandemic.
Some of China's largest fintech companies may face more regulation following comments made by the top banking regulator.
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