Fintech News
The latest Fintech industry news and
The Fintech Power 50 announcements from our ecosystem.
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New Survey by The Fintech Power50 Reveals how Fintechs Coped With First Wave of Pandemic
The Fintech Power50 has revealed the candid findings of its exclusive member research. The findings were drawn from a cross section of Fintech businesses, including payment processors, digital banks, and mobile payment platforms, which shared how they have evolved...
Deadline Approaches for Industry Leaders to Join Kickstart Scheme Led by The Fintech Power 50
There are just 24 hours left for fintechs to get on board with the new fully funded Kickstart scheme. Led by The Fintech Power 50, each successful Kickstart cohort would allow up to 30 young people to take up a paid-for role within the fintech industry for at least...
The Fintech Power 50 launches the Fintech KICKSTART scheme to provide employment opportunities for young people.
The Power 50 will act as a gateway representative as part of the UK governments Kickstart programme The scheme aims to help young people back into work as well as help fintech’s gain access to the placements and grants to help support start-up/ scale up environments....
Form3 and Barclays has announced that it has enabled access to the SEPA Instant payment scheme for FinTechs, with Ebury as the launch client.
Form3, the leading cloud-native, payment technology provider, and Barclays, a leading provider of financial services to regulated payment institutions, have announced a combined directly connected access solution to the SEPA Instant payment scheme with Ebury as launch...
Airstar Bank Launches Pilot Trial of Virtual Banking Service
Airstar Bank Limited (“Airstar”), one of Hong Kong’s new virtual banks, today announced the launch of a pilot trial which is conducted within the Fintech Supervisory Sandbox (“FSS”) of the Hong Kong Monetary Authority (“HKMA”). The pilot trial will offer innovative...
DLA Piper advises fintech company Scivantage in its sale to Refinitiv
DLA Piper represented Scivantage, a digital wealth management technology company, in its sale to Refinitiv US LLC, a global provider of financial markets data. Scivantage’s primary solutions include digital wealth management offering Wealthsqope, a digital client...
State of the Industry: Global financial services players yet to align on key issues of collaboration, innovation and cybersecurity
Exclusive research from Barclays Corporate Banking reveals the contrasting views of nearly 2,000 financial services leaders from across the globe on the key drivers of collaboration, innovation and cybersecurity More than two-thirds of businesses identify...
Open Banking Expo prepares delegates for consumer-directed finance rollout
Open Banking Expo returns to Toronto on June 9, 2020 to prepare delegates for likely legislative action as a result of the second phase of the Government’s Open Banking consultation. The agenda is now live at https://www.openbankingexpo.com/toronto/#agenda. This...
LATEST NEWS
Next-gen core banking platform Modularbank announces strategic partnership with leading European payment company Nets
Modularbank, the Estonian-founded, next-generation core banking platform, enabling banks and any other companies to quickly roll out tailored financial services to their customers, today announced a strategic partnership with Nets Estonia, a well-established player in...
IDnow’s AutoIdent to be the first AI-solution ready for high security transactions
IDnow , a leading provider of Identity Verification-as-a-Service solutions, announces Artificial Intelligence (AI) identity verification product AutoIdent Substantial. The product is approved for certification to meet the EU eIDAS regulation following the eID Level of...
Banking Circle extends USD Collections Extended to More Marketplaces
Banking Circle extends USD collections to more online marketplaces In time to make a difference for Christmas sales, Payments businesses can now offer their marketplace sellers Banking Circle Virtual IBANs in USD to collect funds from a wider range of online...
Global Processing Services selected as London Export Champions for International Trade
Leading payments issuer processor, Global Processing Services (GPS), has been selected by the Department for International Trade (DIT) to become a London Export Champion. GPS joins a prestigious cohort of Export Champions who operate across various sectors, ranging...
Token & Contis partnership unlocks new value in digital payments
Leading open banking payments platform, Token, and Contis, leading European payments provider, today announce a strategic partnership that will create new value for payment service providers (PSPs), banks and merchants across Europe. To complement Token’s value-added...
NOVALNET PARTNERS WITH BANKING CIRCLE
Novalnet AG, a full-service Payment Provider, is partnering with Banking Circle, for faster and lower cost foreign exchange (FX) and settlement solutions for its 12,000+ customers around the world. Banking Circle is helping Novalnet to efficiently support its global...
Payments trailblazer Contis migrates 1 million accounts to European data centre in bold Brexit-proofing move
Leading European payments provider, Contis, this week cast a big vote for Europe by successfully migrating its data centres from the USA. The move saw nearly one million accounts transferred in under four hours with minimal service interruption. This completes the...
FinTech Azimo to halve the cost of sending money abroad from Australia
Faster, cheaper money transfers are coming to Australia thanks to a new service from Azimo , one of Europe’s leading fintech companies. Azimo, which has operated in Europe since 2012, will now help people in Australia send money to more than 200 countries and...
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