28 June 2017
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Digital payments to drive social justice

Digital payments to drive social justice

25 May 2017  |  13394 views  |  1 comments | 25 tweets | 12 linkedin

The power of digital payments to drive financial inclusion and social justice emerged as a key theme on the first day of the Payments Canada Summit in Toronto.

Dubai encourages fintech with temporary financial services licence

Dubai encourages fintech with temporary financial services licence

24 May 2017  |  9686 views  |  0 comments | 22 tweets | 16 linkedin

The Dubai Financial Services Authority is to allow fintech firms to apply for a restricted six-to-12-month financial services license in order to test out innovative new products and services on the ground.

UK digital challenger CivilisedBank gets licence

UK digital challenger CivilisedBank gets licence

23 May 2017  |  7082 views  |  0 comments | 8 tweets | 18 linkedin

Branchless CivilisedBank has received a licence from the Bank of England ahead of a planned launch early next year.

R3 raises $107m

R3 raises $107m

23 May 2017  |  11961 views  |  0 comments | 17 tweets | 16 linkedin

In the largest funding round in the history of distributed ledger technology, the R3 consortium has raised $107 million from around half of its members as well as Intel and Temasek Holdings.

TransferWise launches multi-currency business bank accounts

TransferWise launches multi-currency business bank accounts

23 May 2017  |  9549 views  |  0 comments | 13 tweets | 22 linkedin

TransferWise is moving further into traditional banking territory, setting up a 'borderless' bank account for businesses that need a multi-currency account for trading in overseas markets.

Financial Stability Board weighs in on fintech credit markets

Financial Stability Board weighs in on fintech credit markets

23 May 2017  |  7593 views  |  0 comments | 5 tweets | 11 linkedin

Global regulatory bodies are calling for increased scrutiny of credit offerings from fintech-based alternatives to traditional banks.

Bank/fintech collaboration can take transaction banking to new heights

Bank/fintech collaboration can take transaction banking to new heights

23 May 2017  |  14312 views  |  1 comments | 12 tweets | 24 linkedin

With banks and emerging technology companies bringing a raft of new innovations and business models to the industry, Claudio Camozzo and Jan Kupfer, global co-heads of Global Transaction Banking at UniCredit, argue that bank-fintech collaboration alongside a customer-focused approach is essential to seize – and maximise – the opportunities at hand.

European Commission calls on EBA to rethink screen scraping ban

European Commission calls on EBA to rethink screen scraping ban

22 May 2017  |  5984 views  |  0 comments | 17 tweets | 21 linkedin

The EU's financial service head Vladis Dombrovskis is calling on the European Banking Authority to revisit its proposed ban on 'screen scraping' under the revised Payments Services Directive (PSD2).

Tandem drops 'Bank' from its name

Tandem drops 'Bank' from its name

22 May 2017  |  6158 views  |  0 comments | 8 tweets | 8 linkedin

Tandem appears to be pivoting from its original mission to launch a new app-driven saving bank in the UK, changing its name at Companies House from Tandem Bank Limited to Tandem Money Limited.

Paytm to open new Payments Bank next week

Paytm to open new Payments Bank next week

18 May 2017  |  6363 views  |  0 comments | 5 tweets | 6 linkedin

Indian mobile wallet giant Paytm is to open its new Payments Bank on 23 March, joining telco Bharti Airtel as one of the first non-banks to take advantage of the Government's relaxing of restrictions on bank licensing in an effort to boost financial exlusion.

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