Company News

France looks towards use of digital currency and blockchain services

France is exploring the use of digital currency and distributed ledger technology (DLT) to help create new opportunities for the financial market.

SMEs want more education around Open Banking – Intuit Quickbooks claims

Despite Open Banking first being revealed two years ago, there is still a lot of confusion around what it actually is, a new study from Intuit QuickBooks claims.

European Investment Fund to help EU SMEs after new commitment to lending platform October

Online lending marketplace October has received a new €100m commitment from the European Investment Fund (EIF) and a group of other investors to help support European SMEs.

Robinhood no longer pursuing bank charter application

Stock-trading company Robinhood has reportedly stopped its bank charter application with the US Office of the Comptroller of the Currency.

Europol makes a move against airline fraudsters

Europol has made 79 arrests after a crackdown on airline fraud which involved 60 countries, 56 airlines and 12 online travel agencies.

Alipay forms partnership with Finablr

Alipay has partnered with Finablr, a payments and foreign exchange platform, to allow its customers access to remittance services in 270 countries.

Natwest launches digital bank Bó

NatWest has launched its new digital bank Bó, offering customers the ability to manage their daily spending, set budgets and goals, and track progress.

C-Quence joins forces with Cytora to improve underwriting

Digital MGA C-Quence has joined forces with API platform Cytora to offer a new commercial property and casualty (P&C) underwriting service.

b-sharpe to boost identity verification through Onfido

Online currency exchange b-sharpe is enhancing the identity verification process of new customers through new partnership with Onfido.

FIS partners with IBM to improve P2P payment safety

Financial services technology platform FIS has integrated the IBM Safer Payment solution to improve its anti-fraud capabilities on its real-time P2P payment services.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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