08/17/2022
Embedded finance and open banking are driving alternative lending across Europe
Two trends are helping to drive still-nascent alternative lending in many markets.
FinTech
08/17/2022
Former JPMorgan, Barclays execs on why crypto jobs attractive even in bear market
Former traditional finance veterans are debuting a crypto career at the crypto ETF issuer 21Shares despite the bear market.
08/17/2022
CREALOGIX narrows its focus and spins off the digital learning business
The majority shareholder is a Swiss group of investors centred on blue8 AG, which is planning a 'buy & build' growth strategy with its investment in future.
08/17/2022
Manchester-based BankiFi nabs £4 million to boost embedded banking for SMEs
The open cash management platform plans to expand in the U.S. and target over two million SMEs by 2024 through its bank partners
08/17/2022
Tech industry consortium to run CBDC pilot with sterling stablecoin
The upcoming pilot, operating under the bannner 'Project New Era', will test high potential use-cases and provide empirical inputs to policymakers and regulators on future design considerations for CBDC development and stablecoin regulation.
08/17/2022
Crypto.com secures UK registration for ‘cryptoasset activity’
As defined by the FCA, crypto-asset activity includes exchanging crypto-assets for money or money for crypto-assets, or automating a machine to do so, and exchanging crypto-assets for crypto-assets.
08/16/2022
Paysafe's viafintech enters Spain with Pecunpay
The new cash-in/cash-out service is now available through Pecunpay’s integration of viacash, powered by Paysafe.
08/16/2022
Scalable Capital doubles client assets to €10 billion
The crypto offering came six months after Scalable Capital raised more than €150 million in a Series E funding round led by Chinese tech conglomerate Tencent.
08/12/2022
WealthTech firm Farther secures $15m investment to drive growth
The wealthtech plans to use the fresh infusion to support its expansion as well as fuel wealth management innovation.
08/12/2022
Crypto: abrdn makes move into crypto
The asset manager now has the largest stake in the digital assets exchange Archax.
08/11/2022
German neobank and crypto exchange Nuri files for insolvency
The company claims its 500,000 customers will have “guaranteed access” to their funds during the process.
08/11/2022
Julius Baer Especially Positive on DeFi Coins
Julius Baer's model portfolio currently has around 5 percent allocated to alternatives with no investments in digital assets.
08/09/2022
Paysend introduces 50 new receiving countries to its global payments network
These additional payments corridors mean that Paysend customers can now send money to over 170 countries worldwide.
08/09/2022
UK wealth managers have enormous potential to offer crypto services following recent market turmoil, says Avaloq
The potential for wealth managers to leverage their expertise and inspire investor confidence is highlighted by Avaloq’s finding that 25 per cent of investors don’t invest in crypto due to a lack of trust in crypto exchanges.
08/08/2022
‘Risks posed by AI are real’: EU moves to beat the algorithms that ruin lives
Black-box’ AI-based discrimination seems to be beyond the control of organisations that use it
08/08/2022
How Digital Transformation Leads to Operational Transformation
Digital evolution is about upgrading your digital business capabilities in stages as opposed to a complete overhaul, but it is an unsustainable, fragmented approach.
08/05/2022
Blockchains, bridges and network security
This sum doesn’t include the nearly USD 200mn estimated to have been stolen from the Nomad bridge earlier this week.
08/05/2022
Temenos Awarded the Highest Status in Aite's Matrix Evaluation of Wealth Management-Focused Core Banking Systems
Temenos Wealth is awarded 'best-in-class' status for integrated portfolio management and securities trading platform for wealth managers and private bankers
08/05/2022
Wirex Credit lands in the UK
Wirex, a leading crypto and payments ecosystem, has expanded the Wirex Credit program to new regions and developed additional features. Their crypto-back credit lines are now available to UK users and has added WXT as a token to be used as collateral.
08/04/2022
Deutsche Bank taps Traydstream to automate document checking for trade finance products
The parties have agreed to integrate the Traydstream platform into the Deutsche Bank environment and intend to subsequently roll out the platform globally.