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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.
09 December 2020
Mexican digital bank albo has raised $45 million in funding round to fuel its expansion into lending and insurance, according to TechCrunch.
OneBanks, a UK startup that is working to put fully-staffed banking kiosks in places that high street lenders have left, is gearing up to open its first location in the Scottish town of Denny.
David Marcus, the head of Facebook Financial, believes that the social media company has earned the benefit of the doubt for the way it has developed engaged with the concerns of regulators and governments in the development of the Libra project.
07 December 2020
Speaking at Singapore Fintech Festival 2020, CEO of Alphabet Inc and its subsidiary Google Sundar Pichai highlights that “online has been a lifeline in Southeast Asia” and eight out of 10 people have revealed that “technology helped them navigate the pandemic.”
A group of US lawmakers has introduced legislation designed to protect consumers from the risks posed by stablecoins such as Libra by requiring issuers to obtain a banking charter.
03 December 2020
Pockit, a UK fintech that provides financial services to underserved customers, has raised £15 million, including £500,000 from a Future Fund-backed crowdfunding campaign.
Visa is encouraging fintech startups across the Asia Pacific region to apply for one of six places in its new Accelerator Program, launching today.
The finance sector's decision to ape Big Tech and adopt platform business models enabled and powered by the mass acquisition and manipulation of data is creating new risks for society, warns a report from the Finance Innovation Lab.
01 December 2020
In anticipation of the official launch, the Cambridge Centre for Alternative Finance (CCAF) invited industry participants to join an examination into the results of the Global Covid-19 Fintech Market Rapid Assessment Study, compiled in partnership with the World Bank and World Economic Forum.
As Venezuela's presidential crisis drags on, one of the men claiming the title, Juan Guaidó, has called in cryptocurrency outfit Circle to help deliver aid to the country's medical workers via a stablecoin.
25 November 2020
US challenger bank Current has raised $131 million in Series C funding, in a round led by new investor Tiger Global Management.
24 November 2020
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