Starling Bank has introduced a feature, called Settle Up, to make it easier for friends and family to request and receive payments from each other.
Ripple has announced deals with two banks and three payment processors across India, Brazil and China, as the firm seeks to make good on a promise to transform payment flows into and out of emerging markets.
Anyfin, a Swedish startup that offers to refinance consumer loans and credit card debt using a combination of artificial intelligence and a photo of the current statement and repayment terms, has bagged €4.8 million in Series A funding led by Accel and Northzone.
Germany's Degussa Bank is to use a white-labeled direct API-based connection to local fintech startup Giromatch to provide clients with faster loan decisions and flexible re-payment terms.
Marco Polo, a blockchain-based platform for open-account trade finance created by TradeIX and R3 in collaboration with leading global banks, is to move into a live pilot phase following a successful six month proof of concept.
Two years after the infamous Bangladesh Bank hack, an Indian bank says that cybercrooks compromised the bank's connection to the Swift messaging system to make three fraudulent transfers worth nearly $2 million.
Bank of England Governor Mark Carney has called time on bitcoin, saying that it has failed as a currency.
Monzo has opened its API to Moneybox, enabling users to round up and invest the spare change from their everyday purchases.
The Basel Committee on Banking Supervision has outlined five potential scenarios describing the potential impact of fintech on banks.
While banks dither on the sidelines, a collapse in the cryptocurrency market would not affect the creditworthiness of rated financial institutions or disturb the banking sector’s stability, says credit ratings agency S&P.
© Finextra Research 2018