Icap financial technology spin off NEX Group has confirmed a preliminary takeover approach by Chicago futures exchange CME.
A former Equifax executive has been charged by US authorities with insider trading, accused of selling off all of his stock in the credit rating agency last summer before it revealed it had suffered a massive data breach.
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.
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.
Digital currency exchange Coinbase has been granted an e-money license by the UK’s Financial Conduct Authority (FCA) and joined the Faster Payments Scheme as an indirect member courtesy of a tie-up with Barclays Bank.
Central banks should steer clear of developing their own digital currencies for issue to the general public the Bank for International Settlements has warned.
The head of the European Banking Authority says that he has "yet to be convinced" that cryptocurrencies should come under the full scope of regulation.
The European Commission has set out details of a 23-step 'Fintech Action Plan' to promote the digital transformation of the financial services sector, including the establishment of an EU Fintech Laboratory, the creation of a best-practices blueprint for regulatory sandboxes and substantial crowdfunding reforms.
Having just raised $20 million in a sold-out token sale, British blockchain-based banking platform Babb has set its sights on opening its first bank accounts before the end of the year.
US lawmakers continue to wrestle with how to approach cryptocurrencies, as a federal judge says the likes of bitcoin can be treated as commodities by the CFTC, FinCEN says money transmitter rules apply to ICOs, and Wyoming's state legislature clears a bill exempting some crypto assets from securities laws.
© Finextra Research 2018