25 May 2018

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UK fintech sector eager to embrace Open Banking

UK fintech sector eager to embrace Open Banking

22 March 2018  |  12081 views  |  4 comments | 13 tweets | 12 linkedin

UK fintech firms are working hard to make the most of the Open Banking era, according to a survey from EY which shows that the vast majority are actively getting ready to take advantage of the slew of customer data that is being opened up to them.

Ex-Barclays man Ormerod joins BBVA to lead New Digital Business unit

Ex-Barclays man Ormerod joins BBVA to lead New Digital Business unit

21 March 2018  |  12019 views  |  0 comments | 2 tweets | 3 linkedin

Spanish banking giant BBVA has brought in Ian Ormerod to lead its New Digital Business (NDB) unit, where he will team up again with former Barclays colleague Derek White.

OakNorth moves into profit

OakNorth moves into profit

21 March 2018  |  10052 views  |  0 comments | 2 tweets | 4 linkedin

UK challenger bank OakNorth is reporting $10.6 million in profit in its second year of operation, moving into the black from a £2.4 million loss in 2016.

France is best for croissants, London for finance - City Minister

France is best for croissants, London for finance - City Minister

20 March 2018  |  10277 views  |  0 comments | 10 tweets | 7 linkedin

Economic Secretary to the Treasury John Glen had had a dig at France's ambitions to replace the UK as Europe's leading fintech hub in a speech at the Innovate Finance Global Summit.

RBS hatches plan to create digital challenger bank

RBS hatches plan to create digital challenger bank

19 March 2018  |  15822 views  |  0 comments | 15 tweets | 25 linkedin

Royal Bank of Scotland is secretly working on plans to create its own digital challenger bank to face off the threats from startups like Monzo and Starling, according to Sky News.

Regulators to hash out global fintech sandbox

Regulators to hash out global fintech sandbox

19 March 2018  |  7294 views  |  0 comments | 16 tweets | 13 linkedin

The UK's Financial Conduct Authority says that it will start working with partners in Europe, the Far East and the US on a blueprint for a global regulatory fintech sandbox.

Germany's N26 readies for US launch with EUR110 million capital injection led by Allianz and TenCent

Berlin-based mobile bank N26 has closed a series-C funding round of €110M as it prepares to open up in the United States.

Credit Suisse to pump CHF30m into Swiss fintech startups

Credit Suisse to pump CHF30m into Swiss fintech startups

16 March 2018  |  7780 views  |  0 comments | 10 tweets | 4 linkedin

Credit Suisse is looking to strengthen Switzerland's position as a financial technology hub by earmarking CHF30 million ($31.7m) in venture capital for investment in local fintech startups.

European Banking Authority to establish Fintech Knowledge Hub

European Banking Authority to establish Fintech Knowledge Hub

15 March 2018  |  9173 views  |  0 comments | 15 tweets | 21 linkedin

The European Banking Authority is to establish a Fintech Knowledge Hub as part of its Roadmap for getting to grips with new tech-led developments in financial services.

Indian fintech sector needs regulatory support to flourish

Indian fintech sector needs regulatory support to flourish

15 March 2018  |  13402 views  |  1 comments | 10 tweets | 8 linkedin

India's nascent fintech sector has huge potential but requires a supportive regulatory environment and investment in human talent to flourish, a new report commissioned by Yes Bank suggests.

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