Digital payments are becoming more popular ECB research shows
Cash may still be king, but new research from the European Central Bank shows digital payments are becoming more popular.
Luxembourg grants PingPong authorisation as electronic money institution
FinTech unicorn PingPong has been granted a licence to operate as an electronic money institution by the Commission de Surveillance du Secteur Financier in Luxembourg.
SEC accuses New Yorker of $2.1m fraud operating out of at least two boiler...
The US' top financial market regulator has filed a complaint in federal court for the Eastern District of New York, accusing a New Yorker of conducting a $2.1m fraud out of at least two boiler rooms over six months in 2018 and 2019.
SEC awards more than $6m to whistleblowers
The Securities and Exchange Commission has awarded over $6m to joint whistleblowers whose information and assistance led to the successful enforcement of SEC and related actions.
Nordigen launches free API to solve the European “hot mess” of open banking
Credit scoring startup Nordigen has launched a new open banking API to solve the issue of expensive solutions in the market, taking a swing at companies like Tink and Plaid in the process.
FCA warns firms to be ready for Brexit being completed on New Year’s Day
A City watchdog has warned firms that the Brexit transition period will be over in less than a month's time as the government is still working on a last-minute deal with the EU.
More FinTechs allowed to tap into Singapore’s banking system from February
Singapore's central bank has announced that eligible non-bank financial institutions (NFIs) will have direct access to the banking system’s retail payments infrastructure from February 2021.
Firstminute Capital $111m venture fund backed by several decacorn founders
Investor Firstminute Capital has launched a $111m venture fund backed by a proverbial who's-who list of tech entrepreneurs as it gears up to invest in more European tech startups
Cybersecurity, InsurTech and neobank ventures led the 29 FinTech rounds raised last week
Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.
These are the 43 Chinese apps that India has banned because of cybersecurity reasons
The Indian government has added to its list of Chinese apps that are banned in the country because of cybersecurity concerns.
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