Hong Kong, mainland China to link regulatory sandbox to aid cross-border FinTech growth
The monetary authorities in Hong Kong and China have agreed to create a one-stop sandbox platform to help companies develop cross-border FinTech products quicker.
Fintech Galaxy continues financial inclusion goal with seed round close
UAE-based open innovation platform Fintech Galaxy has collected $2m in its seed round to support its goal of boosting financial inclusion in the Middle East and North Africa.
Helping banks step up onboarding – Clarifai closes its Series C
Clarifai, which helps firms improve customer experiences and onboarding, has collected $60m in its Series C round, which was led by New Enterprise Associates.
How is the sustainability revolution changing the banking sector?
A recent blogpost by financial industry association Mobey Forum has examined how the movement to make finance more sustainable has changed the banking industry.
G7 finance group endorses policy principals for retail CBDCs
Finance officials from the G7 have endorsed 13 public policy principles for retail central bank digital currencies (CBDCs).
European open banking report reveals huge growth potential for the sector
A report by open banking firm Yolt Technology Services (YTS) has found that up to 40% of banking customers across the continent are not currently using an open banking solution.
FinTech adoption reaches 86% in the UK
Research led by open banking platform Plaid has found the use and adoption of FinTech has reached mass scale in the UK, with up to 86% of consumers using it.
Personal finance specialist NerdWallet files for an IPO
NerdWallet, a provider of financial guidance to consumers through a range of different tools, is set to go public after it filed an IPO.
Only one in five consumers feel their bank values them as a customer
Recent research by marketing firm Ello has found only one in five consumers believe that their bank values them as a customer.
AlgoDriven secures Series A to help insurers assess used car prices
AlgoDriven, which helps vehicle dealers, insurance firms and lenders to get the accurate prices for cars, has received $2m in its Series A funding round.
© FinTech Global © Copyright 2024. All rights reserved.
