ECB assesses digital euro’s implications on banking stability
The European Central Bank (ECB) is carefully assessing the potential consequences of a digital euro on the region's banking framework.
Swiss digital bank Alpian raises $12.5m in Series A round
Alpian, the Swiss challenger bank startup, has bagged $12.5m as it is looking to launch as a fully licensed digital affluent bank in 2021.
Checkout.com set to acquire ID verification firm ubble
Cloud-based payments provider Checkout.com is set to snap up digital identify verification startup ubble for an undisclosed fee.
Trading software provider Itiviti to buy HgCapital’s ULLINK
Itiviti, a Swedish provider of trading software for banks and trading firms, has agreed to buy ULLINK from HgCapital.
Another quiet week in FinTech with 12 deals recorded
This week saw another quiet week in FinTech with only 12 funding rounds recorded by FinTech Global and a total funding amount of $107m.
How Akur8 is filling the gap in pricing automation
The insurance space has been a hotbed of innovation over the past few years, but pricing might have been left out.
Recognise Bank to benefit from £8.7m financing raise
Recognise Bank has revealed it will benefit from £8.7m in new capital following a recent round fundraising by the City of London Group, the former’s parent company.
Tradeworx sells trading platform to Blueshift Asset Management
Tradeworx has sold its trading business to Blueshift Asset Management, so it can focus on its financial market big data solution Thesys Technologies.
Banks slow in setting comprehensive net zero goals, report finds
Banks are increasingly integrating climate change into their strategies, with many setting net zero emission targets, a report has found.
OakNorth rumoured to be working on a $300m secondary offering of its shares
UK challenger bank OakNorth is reportedly in the process of preparing a secondary offering to enable investors to cash in on their holdings, according to Sky News.
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