30 Jan 20 @ 16:35
Two years ago, opportunity for the FinTech community was abound with the arrival of Open Banking. And while the initial uptake was slow to materialise, we are now finally realising... read more
30 Jan 20 @ 11:54
N26, one of the so called Challenger banks has reached the milestone of 5 million customers. N26 was founded in 2013 and raised $683 million (£520 million , €616 million... read more
29 Jan 20 @ 17:42
Fenergo released its findings on financial institution fines which shows that in December 2019 global penalties totalled $36 billion for non-compliance with Anti-Money Laundering (AML), Know your Customer (KYC) and sanctions... read more
29 Jan 20 @ 17:15
In a fascinating report, 93% of total mobile transactions in 20 countries were blocked as fraudulent in 2019 according to a report on the state of malware and mobile ad... read more
29 Jan 20 @ 10:57
When people discuss the future of payments they tend to predict the end of cash. Not only do we think cash will be around for a long time, we see... read more
28 Jan 20 @ 16:30
New analysis has found a growing appetite for point of sale credit finance – otherwise known as ‘buy now, pay later’ – among younger UK consumers, with over 60% (67%)... read more
28 Jan 20 @ 16:21
UK e-commerce grew by a low 6.7% last year. This represents an all-time low in terms of growth rate. The discouraging growth rate is especially significant when you compare it... read more
27 Jan 20 @ 10:01
The German e-commerce market hit highs of €72.6 billion in 2019. This is an increase of 11.6% compared to the previous year’s figure of €65.1 billion including VAT. The growth... read more
27 Jan 20 @ 09:05
According to Reuters, about 70 lawmakers from the ruling party feel a digital yen is needed to counter the approaching launches of Libra and China’s own digital currency. The effort... read more
24 Jan 20 @ 16:24
Following on from a ruling in Philadelphia in March 2019 and highlighting just how difficult it will be for society to go completely cashless, New York City Council approved legislation... read more
24 Jan 20 @ 12:53
The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) have announce the outcomes of and a report on a joint Central Bank Digital Currency (CBDC) research project... read more
22 Jan 20 @ 19:12
According to DLA Piper‘s latest GDPR Data Breach Survey, data protection regulators have imposed €114 million (approximately $126 million or £97 million) in fines under the GDPR regime for a wide range of... read more
22 Jan 20 @ 18:55
2019 was certainly a memorable year for the FinTech industry with the final implementation of the second Payment Service Directive (PSD2) and Strong Customer Authentication (SCA) continuing to set the... read more
21 Jan 20 @ 14:29
Banks from across nine EU countries have endorsed a note seeking clarification on the definition of e-money transactions and the related fraud reporting requirements issued by the European Banking Authority... read more
21 Jan 20 @ 14:06
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International... read more
20 Jan 20 @ 17:23
Cross-border sales have opened the door to a world of opportunity and e-commerce companies are eager to storm through. The expansion of international sales is not only a key growth... read more
20 Jan 20 @ 15:53
New figures published show that customer use of Open Banking in the UK has surpassed the 1 million customer mark for the first time. Customer numbers have grown strongly, doubling... read more
17 Jan 20 @ 10:05
The Digital Dollar Project is a not for profit effort, in collaboration with Accenture, to advance exploration of a United States Central Bank Digital Currency in order to advance the... read more
23 Sep 26 @ 14:34
The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more
24 Sep 26 @ 16:29
Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more
27 Sep 26 @ 18:53
Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more