28 June 2017
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CFTC sets up fintech office

CFTC sets up fintech office

18 May 2017  |  7075 views  |  0 comments | 9 tweets | 5 linkedin

The US Commodity Futures Trading Commission (CFTC) is setting up a fintech Lab that will work with startups to drag the agency into the digital age.

SME invoice financing startup Qupital secures $2 million seed funding

SME invoice financing startup Qupital secures $2 million seed funding

18 May 2017  |  4243 views  |  0 comments | 3 tweets

Hong Kong online invoice discounting exchange Qupital has secured $2 million in seed funding.

Ex-Tandem CTO onboard for Dubai-based digital bank

Ex-Tandem CTO onboard for Dubai-based digital bank

17 May 2017  |  5213 views  |  0 comments | 3 tweets | 7 linkedin

The former CTO of UK challenger Tandem has joined forces with experienced execs from the more traditional banking sector to build a digital-only bank in Dubai.

Eastern Bank spins off online loan platform

Eastern Bank spins off online loan platform

17 May 2017  |  4720 views  |  0 comments | 7 tweets | 1 linkedin

Boston-based Eastern Bank has spun off an online loan platform for small businesses that was developed by its innovation lab into an independent company that has already raised $9 million in funding.

European banks lobby Commission to push ahead with screen scraping ban

European banks lobby Commission to push ahead with screen scraping ban

16 May 2017  |  9877 views  |  6 comments | 29 tweets | 36 linkedin

European banks say that privacy of client data, cybersecurity and innovation are at risk should the European Commission bow to the demands of fintech firms and backtrack on plans to ban screen-scraping under the revised Payment Services Directive, PSD2.

BNP Paribas leads $63m funding round for Wall Street messaging outfit Symphony

BNP Paribas leads $63m funding round for Wall Street messaging outfit Symphony

16 May 2017  |  5059 views  |  0 comments | 3 tweets | 6 linkedin

Bank messaging platform Symphony Communication Services is looking to expand into Asia after raising $63 million in a funding round led by BNP Paribas.

UK consumers ready to swap banks for tech giants

UK consumers ready to swap banks for tech giants

16 May 2017  |  8926 views  |  1 comments | 37 tweets | 50 linkedin

Nearly a third of UK consumers would consider using Amazon, Google, Facebook or Apple for banking services, while 48% would be happy for banks to share their transaction data with trusted third parties if it gave them a more personalised experience.

Strengthening Toronto fintech ecosystem should be top priority - report

Strengthening Toronto fintech ecosystem should be top priority - report

16 May 2017  |  6042 views  |  0 comments | 6 tweets | 9 linkedin

Toronto has the potential to be a strong fintech hub but, without a clear strategy and private and government support, the Canadian city could also see its position in the global pecking order slide, suggests a new report written by Accenture and McMillan.

China central bank sets up fintech committee

China central bank sets up fintech committee

15 May 2017  |  10339 views  |  0 comments | 14 tweets | 38 linkedin

The People's Bank of China has set up a committee that will investigate the impact of fintech on monetary policy and financial markets as well as how big data and AI can be used for regulatory oversight.

EBAday 2017: Towards full payments digitalisation

EBAday 2017: Towards full payments digitalisation

12 May 2017  |  16518 views  |  0 comments | 6 tweets | 4 linkedin

A host of board directors, chief financial officers and payments and technology heads from Europe's leading banks have confirmed their participation in the conference programme for the twelfth annual EBAday, taking place this year in Dublin between the 20th and 21st June.

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