28 June 2017
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Latest start ups news

Finra to set up fintech industry committee

Finra to set up fintech industry committee

14 June 2017  |  6957 views  |  0 comments | 7 tweets | 6 linkedin

US regulatory body Finra has established an Innovation Outreach initiative to co-ordinate its ongoing research into fintech trends, beginning with a blockchain symposium in New York.

Online lender SoFi applies for bank charter

Online lender SoFi applies for bank charter

14 June 2017  |  3633 views  |  0 comments | 2 tweets | 4 linkedin

US online lender SoFi has applied for a bank charter with the Federal Deposit Insurance Corporation.

Central Bank of Bahrain debuts regulatory sandbox

Central Bank of Bahrain debuts regulatory sandbox

14 June 2017  |  6014 views  |  0 comments | 7 tweets | 10 linkedin

The Central Bank of Bahrain has opened a regulatory sandbox for fintech firms worldwide to test their technology ahead of live deployment in the Kingdom.

Berlin Group to publish single API standard for PSD2

Berlin Group to publish single API standard for PSD2

13 June 2017  |  12278 views  |  0 comments | 28 tweets | 59 linkedin

The Berlin Group, a-European payments interoperability coalition of banks and payment processors, is pushing a single standard for API access to bank accounts to comply with new regulations on freeing up customer data under PSD2.

Monzo may have to freeze some accounts under new money laundering rules

Monzo may have to freeze some accounts under new money laundering rules

13 June 2017  |  9587 views  |  6 comments | 9 tweets | 10 linkedin

Digital challenger bank Monzo is warning 20,000 customers that it may have to temporarily freeze their accounts if they fail to provide additional verification information under new money laundering regulations.

Only banks that become 'digital houses' will survive forthcoming disruption - BBVA chief

Only banks that become 'digital houses' will survive forthcoming disruption - BBVA chief

08 June 2017  |  13393 views  |  0 comments | 34 tweets | 51 linkedin

BBVA chairman Francisco González says that banks need to shed their past and image as 'incumbents' and transform into new digital technology companies if they are to prosper in a banking environment dominated by technologically astute competitors.

Winning in the digital moment; Leading banks explain what it takes

Winning in the digital moment; Leading banks explain what it takes

08 June 2017  |  11030 views  |  0 comments | 12 tweets | 18 linkedin

A stellar line-up of 27 senior bankers and fintech experts will be onstage at the Finextra SAP Financial Services Forum in London next month to detail winning strategies for banks competing in a digitally-driven business market.

Kasikorn Bank opens $30 million fintech war chest

Kasikorn Bank opens $30 million fintech war chest

07 June 2017  |  5407 views  |  0 comments | 5 tweets | 5 linkedin

Thailand's Kasikorn Bank has launched a $30 million fintech fund to invest in startups across South East Asia as well as Europe and China.

SocGen extends fintech collaboration mission to Germany

SocGen extends fintech collaboration mission to Germany

07 June 2017  |  5399 views  |  0 comments | 7 tweets | 5 linkedin

Societe Generale is sending a dedicated team of staffers to collaborate with fintech startups in Germany through a partnership with Berlin-based innovation hub, Factory.

Australia's NAB and Westpac back data sharing startup Basiq

Australia's NAB and Westpac back data sharing startup Basiq

07 June 2017  |  4325 views  |  0 comments | 2 tweets | 5 linkedin

Australian open API startup Basiq has gained seed funding from Nab Ventures and Westpac-backed startup vehicle Reinventure as the country's banks prepare for a new era of client data sharing.

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