633 articles tagged with this keyword
News/Non-bank competitors
On the main stage at Money 20/20 Asia in Singapore, Andy Maguire, group managing director and group chief operating officer at HSBC, gave the bank’s first public talk about the digital-only banking initiative referred to as Project Iceberg, after the leak earlier this year.
20 March 2019
Operators of Canada's biggest cryptoexchange are unable to access more than £100m in reserves after its founder died taking the passwords and recovery codes with him.
05 February 2019
The ongoing shutdown of the US government, sparked by a disagreement over funding for border security, is starting to impinge on the US fintech industry, according to reports.
11 January 2019
The number of fintechs based in Scotland has increased threefold in the last 12 months following an initiative between government, academia and the finance industry designed to boost the sector.
A review of the first year of the UK’s groundbreaking experiment in Open Banking. What worked? What didn’t? And what next?
Mastercard has taken the bold step of removing its name from its logo in a move it says is inspired by the rise of digital banking and a future where there will be less reliance on card payments.
10 January 2019
German digital bank N26 has become Europe's most highly valued non-listed fintech startup following a $300 million fundraising round that prices the company at $2.7 billion.
Company update/Non-bank competitors
Cass Business School, in partnership with the University of Oxford and Bocconi University, have this week launched Strategy Insight Lab, a three-month business support programme for UK based microbusinesses and start-ups.
09 January 2019
Ireland's central bank has granted authorisation for Google to operate as a payments institution, a move that could see the big tech giant significantly expand its financial services offerings across the European Union.
07 January 2019
Chetwood Financial, which is backed by UK hedge fund Elliott Management, is the latest challenger bank to be granted a full UK banking licence.
Chinese ride-hailing firm Didi Chuxing is moving into financial services, adding mutual protection, personal credit and automobile financing products to its mobile app.
02 January 2019
Spanish banks have warned of the potential financial stability implications of Big Tech firms like Goolge, Amazon and Facebook entering the financial services industry.
10 December 2018
News/ai
Citibank’s global head of bank research Ronit Ghose kicked off this year’s EMEA Media Summit by highlighting how artificial intelligence, Big Tech and core banking systems on the cloud will disrupt financial services.
05 December 2018
Day 3 of the Swift Operations Forum Europe (SOFE) 2018 featured a look at how the new era of open banking will have a dramatic impact on the financial services market.
03 December 2018
The Swiss government has amended its Banking Act to include new authorisation rules for fintechs in its latest bid to boost innovation in the sector.
30 November 2018
The European Central Bank has unveiled its response to the rise of digital wallets with the launch of Target Instant Payments Settlement (TIPS), a pan-eurozone instant payments system.
Financial regulators in Japan and Singapore have given a green light to UK-based fintech Revolut and its bid to expand in Asia Pacific
29 November 2018
News/Sibos
Innovation in financial services and the application of new technologies dominated conversation on day 1 of the Swift Operations Forum Europe (SOFE) 2018.
Research/Non-bank competitors
22 October 2018 132 downloads
OnDeck® (NYSE: ONDK), the leader in online lending to small business, today introduced ODX, a new company that will focus on helping banks digitize their small business lending process. ODX will operate as a wholly-owned subsidiary of OnDeck.
16 October 2018
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