Banks target more FinTech acquisitions, partnerships to boost market standing
A report by Lloyds Bank has found more UK banks are targeting collaboration and acquisitions with FinTech firms to strengthen their position in the growing market.
BPNG and FNA join forces to enhance liquidity monitoring
The Bank of Papua New Guinea (BPNG), the country's central bank, has teamed up with FNA, a global leader in advanced network analytics and simulation.
Bodhi raises $10m for token pre-sale
San Francisco-based Bodhi Foundation has raised $10m in its token pre-sale, with the company preparing for an ICO next month.
Financial model developer Canalyst scores $20m in Series B
Canalyst, a company which builds financial models, has scored $20m Series B led by an unnamed strategic investor.
US trade report highlights challenges for bolstering financial inclusion
A new report by six US trade groups has underlined the obstacles and solutions for boosting financial inclusion and access across the US.
Starling makes app available to children through Kite debit card
Starling Bank has given children aged between 6 and 16 access to an account that will enable them to view their balance and transactions and receive spending notifications.
FinTech fidomoney unveils business account offering in UK market
York-based FinTech startup fidomoney has launched its business current account service to consumers in the UK.
Irish Insurance firms team to unveil new InsurTech hub
A new InsurTech hub has opened in Ireland after 12 key players in the native insurance market collaborated to make it a reality.
China unveils wealth management scheme to strengthen Hong Kong, Macau ties
China has introduced Wealth Management Connect, a scheme that is looking to better connect its southern Guangdong province with neighbours Hong Kong and Macau.
UK to force financial institutions to publish net zero transition plans
UK Chancellor of the Exchequer Rishi Sunak has revealed that the UK will force financial institutions to publish its plans on how they will transition to net zero.