Category : Fintech News

Standard Chartered commits USD75bn towards Sustainable Development Goals

Bank also commits to net zero carbon emissions from its operations by 2030 Standard Chartered has today announced new business targets for supporting its clients as they transition to a low carbon economy as part of its Sustainability Aspirations. B...

Global Fintech Investments Dip Due to Sharp Decline in China

China suffered a sharp decline in fintech deal activity which caused global investments in the space to dip 3.7 percent in 2019.

Jersey Tipped As Destination For Fintech & AI Innovators

Two global technology experts believe that UK companies could get ahead with Fintech and Artificial Intelligence innovation, by using Jersey’s sandbox proposition. Nick Ogden, widely recognised as one of the founding fathers of Fintech, has returned...

E-Trade Shares Surge 24% After Morgan Stanley Announces $13 Billion Purchase

The deal is expected to close in the fourth quarter of 2020.

BIS Announces Innovation Hub Center Heads

The new heads will lead the Bank for International Settlement's efforts to support central bank collaboration on new financial technology at its centers in Switzerland and Singapore.

Mobile Payments Aren’t Alternative Payments Anymore

Building a payment scheme as a way for people to pay and businesses to accept payments is a major challenge - a classic chicken and egg.

Europe's New AML Directive Means Banks Can No Longer Shut Crypto Out

Banks denying accounts to crypto related companies has been a major struggle for the industry, with AMLD5 European banks now have to address and service compliant cryptocurrency companies.

Credit Suisse And Instinet Go Live With Paxos Settlement Service

Today, financial infrastructure provider Paxos announced it has gone live with a financial securities settlement service based on blockchain solution with Credit Suisse, Société Générale and Nomura bank owned Instinet.

Capterra unveils results of its Digital Banks study, uncovering potential increase in their adoption by small businesses

A research from the leading B2B software search website has found that 90% of small businesses and freelancers that are currently using traditional banks would consider switching to a digital bank Capterra, the leading B2B software search and comp...

Delio expands home-grown presence and saves jobs with new tech hub in Swansea

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 loca...

If Bloomberg Wins, Here’s Who Might Pay The Estimated $60 Billion For His Company

If the former New York City mayor gets elected president and sells Bloomberg LP, which could go for up to $60 billion, who would buy it?

LendingClub Buys Radius Bank Marking First Fintech Purchase

LendingClub has made its first fintech buy, purchasing Radius Bank for $185 million in cash and stock.

About 75 percent of motorcycles aren’t returned to their owners – VIGO transforming a nightmare into an insurance opportunity

Insurance is on the verge of major transformations. A success story from Slovenia, Central Europe has proven that user-based services are becoming the core of its transformation and are setting future insurance trends. An innovative motorcycle insu...

Money 20/20 Asia Reschedules Over Covid-19

The Asia edition of the leading fintech and payments event has been rescheduled to August this year, owing to concerns over the Covid-2019 virus.

ASEAN Exchanges Plug Into Refinitv for Digital Solutions

Global markets data provider Refinitv was selected by a consortium of six country exchanges to power its online platform.