With the UK's 'hostile' policy towards immigration claiming its first political casualty in the shape of Home Secretary Amber Rudd, Innovate Finance has waded into the debate warning about the threat to the fintech sector from a tightening of the rules on overseas workers.
Monzo is inviting customer to join a new 'labs' feature to gain early access to, and give feedback on, new tools being trialled by the digital bank.
Singapore's Intellectual Property Office is to speed up the time taken to patent new fintech inventions in an effort to help startups bring their applications to the market more rapidly.
Revolut has raised $250 million, boosting its valuation five-fold to $1.7 billion.
Aareal Bank, BNP Paribas, Deutsche Bank, DZ Bank and NETS Group have joined with Silicon Valley-based innovation platform Plug and Play to create a fintech centre of excellence in Frankfurt.
VC-backed fintech firms raised a record $5.4 billion in the first quarter of 2018, boosted by a dozen mega-rounds of at least $100 million, according to the latest figures from CB Insights.
RegTech startup ClauseMatch has raised $5 million to boost its mission to help financial institutions keep pace with the "broken" regulatory system, in a Series A round led by Index Ventures.
Sberbank is collaborating with Russian venture capital outfit, Internet Initiative Development Fund, on a programme for accelerating intelligent robotics projects.
The Central Bank of Ireland is launching an innovation hub and industry engagement programme to keep step with the evolving fintech and regulatory landscapes.
Spanish bank BBVA is pumping $50 million into an artificial intelligence-focused investment fund run by the former president of Google China.
© Finextra Research 2018