Veriff, Monese partner to offer secure digital banking services to Europe
Estonian identity verification firm Veriff has teamed with mobile money app Monese to provide strengthened and secure digital banking services to European consumers.
Study finds central bank digital currencies may trigger stronger forex controls
A study by the Bank for International Settlements (BIS) has discovered the introduction of central bank digital currencies (CBDCs) may lead to greater foreign exchange controls.
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.
China bolsters regulatory oversight with new data security law
China National People Congress (NPC) has passed its first data security law aimed at strengthening the government hand over the data produced and stored in the country.
nesto eyes staff, tech expansion following $76m Series B raise
Canadian mortgage comparison platform nesto has raised $76m from a Series B funding round.
TreasurySpring secures $10m Series A to strength fixed-term-funds platform
UK FinTech startup TreasurySpring has secured $10m from a Series A funding round.
ABN AMRO develops instant payment tool for gig economy workers
Dutch bank ABN AMRO has created an instant payments service for flexible workers in the gig economy market.
Timex teams with FinTechs to unveil range of contactless payment watches
Watchmaker Timex has partnered with Visa, Tappy and J.P Morgan subsidiary Chase to launch watch straps that can be used to conduct contactless payments.
What Nubank and Klarna’s colossal rounds from last week reveal about the FinTech industry
While Nubank’s massive Series G round and Klarna's $40bn valuation may have secured the most headlines last week, CyberTech and cryptocurrency ventures bagged the most capital injections.
Credit Sesame secures $51m to bolster financial platform, tackle credit inequality
Credit Sesame has raked in $51m of funding to launch new AI-driven services to help consumers secure easier access to credit and banking services.
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