12/19/2022
The digital euro: a flawed concept doomed to flop
Peter Bofinger argues that on the ‘digital euro’ the European Central Bank has dug itself into a hole it would do best to vacate.
FinTech
12/19/2022
Bank-backed consortium wins funding to test payments for EU digital identity wallet
The EU digital identity wallet is a secure app that, when it comes into being, will allow citizens across the continent to verify their ID, access public and private services and store sensitive digital documents in one place.
12/19/2022
Alive and well: Why robo-advice remains a growth market
Tech-savvy clients demanding more transparency
12/19/2022
Women in financial services: Bhavna Saraf of Lloyds Banking Group
Saraf habitually attends fintech events and conferences to scan the horizon for companies that have the technology to accelerate projects and look out for potential partnerships.
12/16/2022
Rabobank hails blockchain pilot for euro commercial paper transactions
The transactions were executed, distributed and settled in under 30 minutes
12/16/2022
Banque de France, HSBC, IBM test interoperability of wholesale CBDC
HSBC also uses blockchain for its FX Everywhere service, a DLT solution for the netting and settlement of FX transactions and payments.
12/14/2022
Broadridge and Strate Connect to Streamline the Proxy Voting Lifecycle in South Africa
Strategic collaboration enhances proxy voting efficiency and supports higher levels of corporate governance
12/14/2022
B2B InsurTech Bondaval raises €15 million
Bondaval has now raised more than $25 million to-date within a brief two-year period.
12/13/2022
German Banks Respond to Big Changes With Transformation
Traditional banks are modernizing systems and business models as new competitors and products disrupt the industry, ISG Provider Lens™ report says
12/12/2022
Fundvest opens in Lithuania
The mobile application operates in Android OS and iOS environments.
12/12/2022
Clear Junction announces launch of escrow accounts for fiat and crypto trading
The escrow accounts solution is open to Clear Junction clients and is designed for use by crypto exchanges who want to provide their clients with an additional layer of security.
12/12/2022
NatWest adds Confirmation of Payee to open banking payments
"Without CoP, these name checks would usually be done manually and result in a time-consuming laboursome process that is open to error. Now through the use of Payit, customers can do these automatically."
12/09/2022
UK challenger Bevan Money to install Sopra Banking core
The business has officially completed the pre-application stage of the Bank of England’s New Bank Start-up Unit
12/09/2022
reAlpha Asset Management Secures $100M Capital Commitment
Over the last two months, reAlpha agreed to a $200M joint venture with Singapore-based asset management firm SAIML Pte. Limited to acquire rent-ready vacation homes.
12/08/2022
FintechOS insurance revenue soars 300% YoY
Revenue growth driven by major customer wins and expansion into new markets
12/08/2022
Why Data Sharing and Technology Are Key to Tackling Illicit Finance
Legislators, public authorities, regulators and the financial-services industry globally are investing enormous sums to combat the threat, but outcomes remain poor, with less than 1 percent of illicit funds recovered.
12/08/2022
PayPal readies for EU crypto push with Luxembourg roll out
"We are committed to continuing to work closely with regulators and policymakers in Luxembourg to meaningfully contribute to shaping the role digital currencies will play in the future of global finance and commerce."
12/08/2022
Europe’s fintech future looks a lot like traditional banking
Dutch payments firm Adyen NV began lending to small companies this year following US-Irish rival Stripe
12/07/2022
7IM Partners With StarCompliance For Employee Compliance Software Solution
The investment management firm will implement the SaaS compliance platform to mitigate the risk of conflicts of interest more easily and effectively across its fast-growing employee base
12/06/2022
Baillie Gifford goes live with corfinancial's SureVu
“Following the introduction of the new CSDR regulation, it is imperative to have a timely and reliable solution that enables firms to effectively govern middle office processes.”