New York DFS issues regulatory guidance on stablecoins

New York State Department of Financial Services has issued new regulatory guidance on setting foundational criteria for USD-backed stablecoins.

Nearly 25% of Britons to back NFTs or tokens this year

Nearly a quarter of Britons are willing to invest into NFTs or tokens this year, according to a study from Tokenise.

InsurTech Pie launches pay-as-you-go billing solution

Pie, a tech-enabled provider of worker compensation insurance to small businesses, has launched a pay-as-you-go billion solution.

Could Christmas be the death knell for credit card payments?

A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.

Banks believe London will remain global financial center despite Brexit

A recent Lloyds Bank survey has found that banks believe London will maintain its leading global financial center status despite the regulatory uncertainty posed by Brexit.

People Bank of China set to begin green finance evaluation of major banks

The People Bank of China (PBOC) has revealed it will begin quarterly assessments of the green finance performance of 24 major Chinese banks starting 1 July this year.

Selma Finance secures $3.9m round

Helsinki, Finland-founded based Selma Finance has closed a $3.9m funding round to fuel the growth of its digital advice, and launch additional products in the Swiss market.

Libra could launch as early as January

The Facebook-led Libra Association is reportedly gearing up to launch its cryptocurrency at the start of 2021.

How a nightmare journey sparked the launch of InsurTech Air Doctor

Travelling is often synonymous with finding oneself and not launching new businesses. However, an illness-ridden holiday led to the launch of Air Doctor, a travel InsurTech.

Trov enters Brazil through partnership with Seguros Sura Brazil

On-demand insurance platform Trov has entered the Brazilian market with a new partnership with Seguros Sura Brazil.

News Stories

LendingClub reveals the strain of seasonal expenses on US financial health

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, and PYMNTS Intelligence have partnered to shed light on the financial challenges faced by US consumers.
Praxent

Robin Smith takes on Chief Revenue Officer role at Praxent

Praxent, a financial services digital consultancy, has expanded its leadership by ushering in Robin Smith as Chief Revenue Officer. Smith, an enthusiast of FinTech and...
ESMA

ESMA shifts focus: Navigating the digital and green transitions in 2024

The European Securities and Markets Authority (ESMA) has recently unveiled its work programme for 2024.
This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

FinTech sector drops this week with only 24 deals

This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.
SEC

SEC reviews Scope 3 emissions in upcoming climate disclosure rules

The U.S. SEC has received feedback against the inclusion of Scope 3 emissions in their proposed climate disclosure rule.

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