Wirecard’s former CEO Markus Braun has been arrested as BaFin faces criticism for its...

Having resigned on Friday as Wirecard's CEO, Markus Braun has now been arrested on charges of inflating the company's balance sheet.

PNC Bank and Venmo fight highlights the debate about introducing open banking rules in...

Pressure is mounting for PNC Bank after it locked out clients from using bill-splitting app Venmo, but the affair also highlights a the question of whether open banking should be introduced in the US.

FCA boss says more must be done to secure the fund management industry’s survival...

The interim chief executive at the Financial Conduct Authority (FCA) wants to start a dialogue about how to protect the investment fund management industry in the coronavirus aftermath.

US government body sues Citizens Bank

The Consumer Financial Protection Bureau (CFPB) has sued Citizens Bank for allegedly violating rules about properly managing and responding to credit card disputes.

HMRC runs £3m open banking tender

Her majesty's Revenue and Customs (HMRC) is running a £3m open banking tender.

Is Swedish RegTech finally coming into its own?

Sweden’s RegTech scene has been slow to emerge. While its starting to wake up, it still has many challenges to overcome.

FCA reminds financial firms of their responsibilities after Brexit

With the UK having pulled out of the EU on New Year's Eve, the nation's financial regulator has reminded companies about the new red tape they must navigate.

New UK court ruling classifies bitcoin as a legal property

Cryptocurrencies are still reasonably new, meaning that every legal aspect of it is still not 100% clear. Yet, a new case might help shed some light.

Trump bans transactions to Alipay and other Chinese FinTech apps

From: RegTech AnalystOutgoing US president Donald Trump has signed an executive order banning transactions with eight Chinese-connected apps, including Alipay.The list also includes apps...

Robert Bell of 86 400 believes that open banking wont show any effects for...

If everything goes according to plan, then Australia will introduce open banking in July. The founder of neobank 86 400 cannot wait, but believes the benefits will take some time to manifest.

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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