07/27/2022
Delio and Shinhan Investment Corp team on digital asset services
The two companies intend to form a cooperative business agreement on crypto assets and create digital assets-based financial services using their respective expertise.
Innovation & Startups
07/27/2022
Euronext ‘extremely confident’ about Europe's tech companies despite stagnation fears
Euronext is so confident in the bloc’s tech companies that in June, it launched a new technology initiative called Tech Leaders in a bid to compete with Nasdaq and help the sector's companies gain more visibility across the continent's ass
07/27/2022
Sheikh Hamdan to chair Higher Committee for Future Technology and Digital Economy
The higher committee will help shape the future of AI by investing in the metaverse and establishing partnerships to boost Dubai’s digital economy
07/27/2022
Swoop opens Liverpool office
Andrea Reynolds, CEO and Founder of Swoop, says that the company’s expansion into the northwest of England comes at a crucial moment in the company’s lifecycle:
07/27/2022
BankiFi Founder & CEO on launching a successful startup
Mark Hartley is the Founder and CEO of BankiFi - a UK-based fintech that provides solutions for banks and their SME customers
07/27/2022
CFTC creates Office of Technology Innovation
Chairman Behnam is bolstering the agency’s FinTech efforts by creating the Office of Technology Innovation, formerly LabCFTC, and naming Jorge Herrada as its director.
07/26/2022
More than a million businesses now eligible for Help to Grow as software scheme receives a boost
Help to Grow: Digital Scheme eligibility expanded to businesses with at least one employee, meaning up to 1.2 million businesses could benefit.
07/26/2022
French fintech unicorn Qonto to gobble up German peer Penta
French fintech unicorn Qonto plans to acquire German peer Penta, as it looks to rev up its European ambitions across the SME and freelancer market.
07/26/2022
Nationwide invests in rent-to-own fintech Kettel Homes
With a minimum deposit of two per cent, Kettel works with customers to purchase the home they want to own
07/26/2022
Banking Tech Awards USA 2022 Winner: Citizens Pay – Best Innovation
Transaction volumes in the BNPL space have increased dramatically in the last three years and are expected to grow by 92%, from $353 billion in 2019 to $680 billion by 2025 (according to fintech research firm Kaleido Intelligence).
07/26/2022
SS&C GlobeOp Forward Redemption Indicator: July notifications 1.82%
The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by SS&C GlobeOp on the SS&C GlobeOp platform, divided by the AuA at the beginning of the month f
07/26/2022
Crassula and Salt Edge to deliver open banking solutions
The modern financial sector is changing rapidly under the influence of digital technologies.
07/26/2022
SS&C Intralinks Sees Active Q3 2022 for M&A Despite Slowing Volumes
The SS&C Intralinks Deal Flow Predictor forecasts the number of future M&A announcements by tracking early-stage M&A activity from the previous four quarters, defined as new sell-side M&A transactions that are in preparation or have begun
07/25/2022
OS-Climate launches first open-source tools to help firms meet Paris goals
OS-Climate has set itself the goal of providing open-source data and software tools that can be used by financial institutions, corporations, NGOs, regulators and academics.
07/25/2022
OneConnect partners Pismo for unified digital banking solution, OneCosmo
OneCosmo offers digital identity verification, core banking, digital payments and digital lending capabilities and allows for integration with third-party services thanks to “highly flexible” APIs and microservices.
07/25/2022
‘Smart Guernsey’ Future Digital Services contract faces Scrutiny
The Scrutiny Management Committee intends that the review will make evidence-based recommendations for future action as may be considered appropriate which will be detailed in an evidence-based report released into the public domain at the conclusion of t
07/25/2022
Community fintech 11Onze enters insurance market
In line with the founding objectives of 11Onze, it consistently seeks products and services that are community and environmentally friendly.
07/25/2022
Eagerly awaited £47bn BBLS lending data report not "definitive nor conclusive"
The publication of the data follows a report by the newspaper revealing how the scheme had been exploited by loan recipients, which used the funding to illegally finance gambling sprees, home improvements, luxury cars and watches.
07/22/2022
French fintech Qonto intends to acquire German rival Penta
The acquisition of Penta will enable Qonto to become the market leader in Germany
07/22/2022
Fintech is far from ‘dead’
Central banks hitting the monetary brakes with a series of ongoing interest rate rises is certainly a headwind but that doesn’t mean venture capital will totally dry up nor does it mean fintech startups are doomed.