122 articles tagged with this keyword
News/crypto
A prototype of multiple central bank digital currencies (mCBDCs) developed by the Bank for International Settlements and four central banks has demonstrated the potential of using digital currencies and distributed ledger technology (DLT) for cheaper and safer cross-border payments and settlements.
28 September 2021
News/payments
Australian buy now, pay later platform Zip has invested $50 million in Indian BNPL firm ZestMoney, amid predictions that the subcontinent will emerge as the largest market in the world for credit-on-tap over the next five years.
23 September 2021
Global investment in fintech bounced back strongly in the first half of 2021, hitting $98 billion with a record number of deals, according to KPMG.
10 August 2021
Federal Reserve governor Christopher Waller is the latest central bank bigwig to pour cold water on CBDCs, declaring himself "highly sceptical" that there is a compelling need for a digital dollar.
06 August 2021
News/predictions
Fintech firms have been missing a trick by largely ignoring the fastest growing and wealthiest demographic - the over 50s, says VC QED Investors.
29 July 2021
News/regulation
As the Financial Conduct Authority gears up for a consultation on regulating the buy now, pay later market, the Coalition for a Digital Economy (Coadec) has set out its proposal for a "robust and proportionate" framework.
26 July 2021
78% of small and medium-sized enterprises (SMEs) call for digital transformation of banking to be balanced with a human element, finds new research conducted by Cynergy Bank.
07 July 2021
The Federal Reserve's supervision chief has become the latest central bank bigwig to weigh in on CBDCs, comparing them to the parachute pants made famous in the 1980s by MC Hammer - a fad that could in future seem embarrassing.
30 June 2021
As Europe's proposed alternative to Visa and Mastercard takes shape, evidence from Russia suggests that an upstart rival can break the American giants' duopoly - if government is prepared to put its finger on the scale.
02 June 2021
News/devops
Cambridge Quantum Computing (CQC) says it has discovered an algorithm that accelerates quantum Monte Carlo integration.
27 May 2021
News/inclusion
There is a significant global fintech gender gap, with men far more likely to use financial technology products and services than women, according to a survey from the Bank for International Settlement (BIS).
12 March 2021
Deutsche Börse has piloted the use of quantum algorithms to compute risk models, finding that the technology can bring down the time required for simulations from years to hours.
11 March 2021
Global investment in fintech fell significantly in 2020 as the Covid-19 pandemic hit but picked up significantly in the second half of the year, according to KPMG, which expects a strong 2021 for the sector.
26 February 2021
Buy now, pay later schemes are expected to account for 10 percent of all UK e-commerce sales by 2024, according to data compiled by Worldpay.
24 February 2021
Kalshi, a Silicon Valley-based online exchange that lets users trade on the outcome of real-world events, has raised $30 million in a Series A funding round led by Sequoia Capital.
19 February 2021
Bitcoin hit a record high on Monday after Elon Musk's electric car maker Tesla revealed that it has bought about $1.5 billion of the cryptocurrency and will soon let buyers purchase vehicles using it.
08 February 2021
As part of Finextra’s Predictions Series for 2021, Hannah Wallace spoke to Erik Zingmark, Nordea’s head of transaction banking to unpack some of the leading trends he expects to see throughout 2021.
05 February 2021
The recent wave of consolidation among payment processors in Europe provides a powerful motivation for banks to review their acquiring business, according to a deep-dive analysis of the EU payments sector by Jefferies.
19 January 2021
JPMorgan Chase CEO Jamie Dimon says incumbent banks should be "scared shitless" by fintech rivals, adding that some - including Plaid - are competing unfairly.
18 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
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