|
|
|
|
This Week in Fintech
China UnionPay to enter European market
China Union Pay is planning to enter the European market by issuing branded cards in the UK in October 2018. Read more
Singapore streamlines payments
The city state launched a unified QR code payment standard (Read more) & the government will open up its real-time payments system to fintech startups (Read more).
France Approves ICO Framework
The French regulator has passed the clause of the proposed "Action Plan for Growth and Transformation of Enterprises which is creating a legal framework for initial coin offerings (ICOs) within the country. Read more
New FinTech License in Switzerland
The Swiss Financial Market Supervisory Authority (FINMA) is initiating s change in the Swiss regulations pertaining to AML regime and Fintech licence. Read more
New York sues US to halt fintech charters
New York’s Department of Financial Services (DFS) is suing the federal government against its decision to award national bank charters to fintech firms, arguing that it was against the constitutional and legal grounds regarding consumer protection. Read more
Major FIs partner on creation of trade finance platform
ING, Rabobank and ABN AMRO are part of the 15 companies building Komgo SA which is aimed at digitising trade finance through a blockchain based platform. Read more
|
|
Funding News
Bread, a US based provider of a white label pay-over-time solution, has raised USD 60 million in a financing round led by Kinnevik.
Divido, a UK based consumer finance platform, has raised USD 15 million in a Series A round with participation from American Express and Mastercard.
Cleo, a UK-based virtual money assistant, has received USD 10 million in Series A funding.
Report your funding round
|
|
Research
Data, Innovation and Transatlantic Competition in Finance
by Stanford Law School and University of Vienna School of Law
This research paper focuses on two major trends that underpin Open Banking, presenting big data and industry disruption, fintech and the retail payment systems, the rise of open banking, in addition to analyzing the relevant EU legislation, including PSD2. Read more
Direct Marketing and its Relevance: The 'Opt-in Challenge'
by OptInsight and Baker Mckenzie
This research examines the exercise of direct marketing in conjunction with the EU’s GDPR and the ePrivacy Directive. The article also draws a step-by-step plan for direct marketing about improving accountability and relevance for business relations. Finally, the article presents a use case to show the opt-in challenges that any business may encounter. Read more
Digital Transformation in Financial Services
by DLA Piper
This report examines five key themes transforming the financial services (FS) marketplace, that are, the evolution of disruption, collaboration and investment, the shifting landscape of regulation and technology, payments and cryptocurrencies; and cybersecurity and monetizing data. Read more
Building Block(chain)s for a Better Planet
by World Economic Forum
This report presents the outputs extracted from an analysis of more than 65 current and emerging blockchain use-cases for the environment, via desk-based research and interviews with stakeholders. The report further recognizes the enormous potential sources to create blockcain-enabled game changers that have the ability to deliver transformative solutions to environemental challenges. Read more
Open Banking: How the Masters in Openness create value
by Innopay
This research article assesses four core API Developer Portal capabilities of more than 50 banks, and identifying five strategic actions that banks can undertake to execute their Open Banking strategy. Read more
The Gap Table: Analyzing the gender gap in equity
by Carta
Drawing upon the findings of a number of recent analyses of median hourly eanings of working women and men with different ethnicities, this article critically approaches those analyses, and interprets the results concerning gender gap in employee equity, gender composition by company stage, gender founder equity, and more. Read more
|
|
|
|
|
|
|
|
|
