21 October 2017
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Raisin takes on business deposit market

Raisin takes on business deposit market

14 September 2017  |  6232 views  |  0 comments | 3 tweets | 2 linkedin

European financial deposit marketplace is moving into corporate banking territory, offering German business owners the opportunity to open term deposit accounts from its panel of banks.

Flux raises $1.5 million as Starling Bank opens fintech Marketplace

Flux raises $1.5 million as Starling Bank opens fintech Marketplace

12 September 2017  |  7971 views  |  0 comments | 8 tweets | 5 linkedin

Starling Bank has gone live with its Marketplace model, enabling customers to tap into third party services from fintech firms direct from the challenger bank's mobile app.

UK fintech firms expect revenues to soar

UK fintech firms expect revenues to soar

07 September 2017  |  9729 views  |  1 comments | 17 tweets | 16 linkedin

Despite Brexit, the UK's fintech firms remain bullish on their prospects, with half expecting revenues to double over the next 12 months and a third even anticipating an IPO within five years, according to a survey for Her Majesty's Treasury.

Square applies for bank status

Square applies for bank status

07 September 2017  |  20218 views  |  4 comments | 40 tweets | 32 linkedin

Square, the fintech startup headed by Twitter founder Jack Dorsey, has made an official application in the US for a banking license, ending months of speculation about its plans but also reigniting the argument about the use of industrial loans charters (ILCs).

New EC rules could enable banks to increase their software spending

New EC rules could enable banks to increase their software spending

06 September 2017  |  12332 views  |  0 comments | 11 tweets | 21 linkedin

European banks under siege from digital challengers and sophisticated cyber attackers could face some relief from a possible change in accounting rules that will enable them to spend more on new software.

China's fintechs look at overseas IPOs to raise funds

China's fintechs look at overseas IPOs to raise funds

06 September 2017  |  4939 views  |  0 comments | 2 tweets | 4 linkedin

The tightened regulatory environment in China is leading number of its largest fintech startups to consider launching initial public offerings (IPOs) overseas in order to raise funds.

China's central bank issues instant ban on initial coin offerings

China's central bank issues instant ban on initial coin offerings

04 September 2017  |  15602 views  |  1 comments

The People's Bank of China (PBoC) has announced an immediate ban on initial coin offerings (ICOs)declaring them illegal and a threat to financial stability.

More major banks join UBS-led blockchain project

More major banks join UBS-led blockchain project

31 August 2017  |  15119 views  |  0 comments | 16 tweets | 35 linkedin

A UBS-led plan to develop a digital cash system based on blockchain technology has won the support of six major banks ahead of a planned launch in late 2018

Credit Suisse fintech fund invests in employee monitoring firm

Credit Suisse fintech fund invests in employee monitoring firm

31 August 2017  |  8047 views  |  0 comments | 3 tweets | 1 linkedin

Credit Suisse's fintech fund has made a majority investment in Sapience Analytics, an Indian firm that helps firms monitor how employees use their computers and phones. Financial terms were not disclosed.

Russian bank opens blockchain research centre

Russian bank opens blockchain research centre

30 August 2017  |  22398 views  |  0 comments | 10 tweets | 11 linkedin

Russia has stepped up its plans to exploit the potential of distributed ledger technology (DLT) with the announcement that state-owned bank Vnesheconombank (VEB) is to open a blockchain research centre in Moscow.

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