632 articles tagged with this keyword
News/inclusion
Speaking at Innovate Finance’s virtual panel for UK Fintech Week 2020, Alicia Levine, COO, Chipper Cash, believes that now is the time for regulators to step up and provide fintech companies with a clear path toward regulated activity.
21 April 2020
News/payments
The National Crowdfunding and Fintech Association of Canada (NCFA) has written an open letter to prime minister Justin Trudeau calling on the government to use fintech firms to distribute capital to small businesses during the Covid-19 pandemic.
17 April 2020
News/regulation
Francesca Hopwood Road, head of regtech at the FCA drilled down on how the hiring process structurally worked against the employment of females in regtech during the Regtech Women’s event ‘Cracking Communications: Be effective, be confident, be compliant’.
12 March 2020
News/Non-bank competitors
Threats of legal action are emerging across trading app Robinhood’s 10 million customer base, following a 17-hour outage on the day the stock market gained $1.1 trillion.
03 March 2020
News/sustainable
Founder and managing partner of The Redsand Group, Nicole Anderson, announced in a recent interview with Finextra TV that the group will launch a fund to work with the venture community to support fintech aimed at tackling sustainability across financial services through tools such as blockchain and tokenisation.
27 February 2020
Global IT expense is set to reach a staggering $3.9 trillion in 2020, an increase of 3.4% from 2019 according to Gartner. Driven by the adoption of software-as-a-service (SaaS), all market segments are expected to spend on forms of software such as cloud and expand its use through 2023. But what does this mean for the environment?
While Open Banking initiatives are being drip fed by regulators across the world, it is evident that this shift must not be considered merely a regulatory change: it is a global movement that will shape the future of the financial services industry.
24 February 2020
News/cloud
The cloud is now the new normal and financial institutions are harnessing and deriving value from the massive amount of data that they possess. Finextra Research’s latest report in association with Amazon Web Services highlights that technology needs to be adopted as quickly, easily and cost-effectively as possible, for scale and flexibility.
21 February 2020
By passing the Treasury Laws Amendment (2018 Measures No. 2) Bill 2019 on Monday, the government has extended the scope and timeframe fintechs can spend on the existing framework.
12 February 2020
Ride-hailing company Uber has set up shop at the Hyderabad Tech Centre in India, welcoming over 100 technology professionals to a new Uber Money team.
Company update/startups
Fast-growing fintech company Delio is increasing its presence across South Wales by opening a new tech hub in Swansea. The announcement aligns with Delio’s strategy of building the core of its business in Wales, creating employment opportunities to attract the best local tech talent, while continuing to grow its international presence.
The addition of Molo, Underpinned, and Paystream to the Starling Business Marketplace will take the neobank’s business integrations to 14, building on services catering to their 100,000+ business customers.
05 February 2020
Research/Non-bank competitors
30 January 2020 693 downloads
News/startups
The total value of global fintech deals in the first six months of 2019 was $22 billion. While this figure may seem staggering, when compared to $31.2 billion in the same period the year before, this is a steep decline of 29%.
14 January 2020
The financial services industry was forced to endure a steep learning curve with the launch of Open Banking in 2018, but what followed the one-year anniversary of the UK’s experiment? Here’s a review of Open Banking’s second year. What worked? What didn’t? And what’s next?
13 January 2020
Giants in their own right, ICBC - the world's largest bank in terms of assets - will work with Alibaba and Ant Financial by leveraging their collective expertise in electronic payment settlement and cross border finance to promote the wider use of digital technology in financial services.
16 December 2019
News/retail
Volt, the first neobank to receive an unrestricted authorised deposit-taking institution (ADI) licence from the Australian Prudential Regulation Authority (APRA) has begun onboarding some of the 40,000 in its waitlist.
Company update/payments
European webshop owners may soon bid their payment concerns farewell. A new partnership between two of the most innovative players in the European payment industry will ensure a smooth and streamlined payment process when selling goods online.
13 December 2019
Leaders of banks need to look beyond banking in anticipation of disruption to their industry in the next decade, according to Deloitte.
05 December 2019
With the accelerating pace of transformation in financial services, day two of SOFE 2019 explored the direction of travel financial institutions should embark on in order to thrive in this new world.
29 November 2019
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