American regulators are cracking down on pay-access apps
Regulators in California, New York and several other US states have launched investigations into new FinTech apps empowering employees to access payment early.
To better combat fraud, financial institutions need a holistic approach – Nets
Financial institutions need a holistic approach to fraud prevention or are in danger of losses spiralling out of control, a new report for payments company Nets.
Alibaba opens its first European store as it’s gunning for Amazon
The Chinese e-commerce giant Alibaba has opened its first European store in Madrid.
B-North partners with nCino and Mambu to build core banking technology
B-North, a UK-based company establishing an SME lending bank, has chosen SaaS banking engine Mambu and bank operating system nCino to provide its core banking technology.
PayPal suspends Ku Klux Klan fundraising account
Payment platform PayPal has removed an account used by the Ku Klux Klan to raise money.
Byhiras selected for SAB’s UK pension scheme
Byhiras, a transparency and accountability platform for investments, has been selected by the Scheme Advisory Board (SAB) for the UK Local Government Pension Scheme (LGPS).
ECB warned Facebook’s Libra cryptocurrency could undermine its ability to set monetary policy
Yves Mersch, a board member of the European Central Bank, has called for Europe to ignore the “treacherous promises” of Facebook’s cryptocurrency Libra. The social...
Trustly to offer payment service on Alibaba e-commerce platform
Online banking payments platform Trustly has partnered with business-to-business e-commerce platform Alibaba.
Philippine boxer and now-senator Manny Pacquiao launches celebrity cryptocurrency
Manny Pacquiao is launching PAC Coin, which he claims is the world’s first celebrity cryptocurrency.
Inter-ministerial committee suggests new Indian FinTech legal framework
A committee on FinTech headed by India’s economic affairs secretary has submitted a comprehensive legal framework about how the sector should be regulated in the future.