General News

OECD Secretary General Report Looks at Cryptocurrency Tax Implications: “The Era of Bank Secrecy Is Over”

In its new study, the OECD Secretary General examines cryptocurrency and its tax consequences in the two part Report to G20 Finance Ministers & Central Bank Governors. Part I reports on the activities and achievements of the OECD’s tax agenda, and reviews significant achievements while looking ahead at… Read More

NatWest Surpasses Sustainable Energy Target By Providing £3.5 Billion of Lending to UK Renewable Energy & Energy Efficiency Projects

NatWest announced this week it has beaten its sustainable energy funding target, providing £3.5 billion of lending to UK renewable energy and energy efficiency projects over the past three years. The bank reported it set a three-year target of £3 billion in 2015 and is now committed to… Read More

The Great Strength of the British Fintech Community: Chancellor Philip Hammond Says Britain is the Global Capital of Fintech

HM Treasury Publishes Fintech Strategy In a widely anticipated speech today during the midst of UK Fintech Week, Chancellor of the Exchequer Philip Hammond told the audience Britain is the global capital of Fintech and he will do everything he can to maintain this title…. Read More

Royal Bank of Canada Launches API Developer Portal

On Tuesday, the Royal Bank of Canada (RBC) announced it has opened its very own API developer platform. According to the bank, the RBC Developers platform will allow eligible external software developers, industry “innovators,” and clients to access select RBC APIs. While sharing more details… Read More

UPDATE: What the Revised SEIS / EIS Guidelines Mean for Crowdfunders?

  We recently published an article from John Auckland, from TribeFirst, about HMRC’s new SEIS / EIS guidelines. Since we released this, the crowdfunding platforms met with HMRC to discuss the potential limitations these guidelines might present for companies looking to raise money through crowdfunding, so… Read More

Sageworks Joins FinTech Sandbox as Data Partner

FinTech Sandbox announced on Tuesday that Sageworks, which offers lending, credit risk, and portfolio risk solutions to banks and credit unions, has signed on to be its new data partner. According to the organization, Sageworks will make banking and indices data available to early-stage fintech startups… Read More

OTC Markets Adds Empire Stock Transfer to Transfer Agent Verified Shares Program

OTC Markets (OTCQX: OTCM) has added Empire Stock Transfer Inc. its “Transfer Agent Verified Shares Program.” This is part of OTC Markets mission to improve the availability and accuracy of share data for OTCQX, OTCQB and Pink securities. OTC Markets launched the Transfer Agent Verified… Read More

Behave Yourself! Global Digital Finance Simon Taylor Develops Cryptoassets Code Conduct, Enlists OECD’s Expertise

Step in line, crypto platforms. Global Digital Finance (GDF) has launched to drive a code of conduct for cryptoassets. Non-profit GDF has convened key stakeholders to develop a global code of conduct and a taxonomy for cryptoassets, comprised of global distributed ledger and cryptoasset space… Read More

European Crowdfunding Network Voices Support for European Wide Regulatory Framework for Crowdfunding

The European Commission recently revealed its plan to support Fintech Innovation across Europe – a vital aspect of the EU economy. Included within the plan, was a statement and outline of improving the environment for pan-European crowdfunding. In many ways, investment crowdfunding is core to the… Read More

Recap: INNMIND/ KICKICO Blockchain Leadership Summit Reaffirms Global Interest in Blockchain

Updates from the Blockchain Leadership Summit held in Zurich, Switzerland, indicate broadening interest in blockchain from traditional financial sector as well government agencies and country leaders. Hosted by INNMIND, global platform for startups and investors, and supported by KICKICO global fundraising platform, the forum gathered… Read More

Payza Integrates DASH as Second Accepted Cryptocurrency, Celebrates Launch with Promotion

Dash, a digital currency for payments, has partnered with Payza, an international online payment provider, to reach over 13 million users in 190 countries. The partnership allows users to send and receive Dash to and from other Payza users, spend it at 100,000 e-commerce retailers,… Read More

Startupbootcamp’s Hartford InsurTech Hub Preps for Inaugural Demo Day & Collaborates with Clyde & Co to Act as Exclusive Legal Partner

Hartford InsurTech Hub, powered by Startupbootcamp, announces its latest collaboration with international law firm, Clyde & Co. The London-headquartered firm will act as Hartford InsurTech Hub’s exclusive legal partner, providing Hartford program startups with needed legal advice. “We are elated to welcome such a prestigious… Read More

InvestHK: Hong Kong Fintech Week will Expand from Hong Kong Into Shenzen

The 2018 Hong Kong Fintech Week, hosted by Invest Hong Kong (InvestHK), will put a new spin on their annual, week long event. According to InvestHK, the 3rd annual Hong Kong Fintech Week, which runs from 29 October to 2 November 2018, will become a… Read More

Adyen Launches POS in Singapore, Adds New Clients; Now Live in 27 Countries and 4,000 Cities

Payments platform Adyen has launched of its point of sale (POS) offering in Singapore, extending its unified commerce footprint to 27 countries and more than 4,000 cities. Highlighting the potential of Adyen’s growth in the point of sale space, new clients include ASICS, Schuh, Lush, City… Read More

Lithuania and Singapore to Cooperate on Fintech Innovation

The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to collaborate and mutually support the development of the Fintech ecosystems and encourage financial innovation between the two countries. Today, MAS and the Bank signed a Fintech Co-operation Agreement during the Money… Read More

Competition Counts: Former FCA Innovation Lead Shares Experience at UK Regulator, Explains New Role at Cambridge Centre for Alternative Finance

The Cambridge Centre for Alternative Finance (CCAF) is the leading research authority on global innovations in finance. Over the past several years, CCAF has produced benchmark reports tracking the growth and evolution of all forms of Fintech around the world. These reports have become valued… Read More

Crowdcube Spain Shares Fantastic Updates: Zank Exit, Wave & Vita Overfunding, Pyckio & Easygoband Near GOOOALS….

What a year for Crowdcube Spain! According to the Crowdcube Spain blog, crowdfunding alum Zank has reached an agreement with the personal finance management platform Fintonic, which will become a shareholder in the business. The exit provides more than just good news for Zank’s 252 Crowdcube… Read More

Blockchain for Private Equity Platform Swarm Updates Network to Include SWM Wallet & Voting Module

The power of the swarm…. Swarm, a blockchain for private equity platform, has revealed a “major update” to its live Swarm Asset Management Network Alpha. There are 100,000,000 SWM tokens in circulation.  With this release, Swarm Fund token (SWM) wallets are now integrated with the Alpha… Read More

Indian Fintechers RBL Bank & CreditVidya Join Forces: Instant Verification

RBL Bank, an Indian private sector banks, and CreditVidya, a leading Indian fintech firm which provides alternate data credit underwriting solutions to over 25 premier financial institutions, have joined forces to enable RBL Bank to instantly verify the employment details of salaried individuals, consequently reducing… Read More

AltFi London Summit Preps for Event this Month as UK Alternative Finance Continues to Grow

The 5th Annual London Summit is scheduled to take place on March 26th during a time of significant change in the UK. Brexit jitters along with dramatic regulatory changes such as Open Banking and PSD2 has created a varied and dynamic environment. Yet alternative finance… Read More