Luxembourg House of Financial Technology and Centre for Finance, Technology and Entrepreneurship Launch a Digital Finance Academy

The Luxembourg House of Financial Technology (LHoFT), a dedicated Fintech center focused on promoting the development of innovative financial services, and the Centre for Finance, Technology and Entrepreneurship (CFTE) are establishing the Luxembourg Academy of Digital Finance. According to a release shared with CrowdFund Insider,… Read More

Danish Fintech Cardlay Receives $10 Million in Funding, Inks Partnership with Eurocard

Danish Fintech Cardlay has raised $10 million funding led by SEB Bank and Seed Capital along with existing investors. Simultaneously, Cardlay has announced a new partnership with Eurocard, the largest issuer of corporate cards in Scandinavia. Mads Krumhardt, CEO of SEB Kort Bank – the… Read More

Challenger Bank Tandem Hires Former HSBC Head of Banking Products

Tandem Bank has hired the former HSBC Head of Banking Products Kunal Malani as Chief Growth Officer. The appointment comes at a time when the challenger bank is planning an expansion into Hong Kong. Ricky Knox, Tandem Bank CEO, said he was delighted to bring… Read More

Goldman Sachs’ Consumer Banking Division Marcus to Offer Stocks and ISA Access, Supported By Nutmeg

New York-based investment bank Goldman Sachs’ consumer banking division, Marcus, is reportedly expanding its operations to include investment-related services in the UK. Marcus is introducing a new stock trading and ISA vehicle, which will be supported by digital wealth manager Nutmeg. The ISA will be… Read More

Germany: SMEs are Finding it Harder to Receive Bank Financing Reports creditshelf

SME online lender creditshelf says banks are becoming more skeptical about investing in small businesses in Germany. creditshelf claims that last year only every third company had problems with bank financing, now every second medium-sized company encounters resistance from its house bank. It has been… Read More

Spanish Multinational Banking Group BBVA Reveals How it Increased Digital Sales in Spain

Madrid-based Banco Bilbao Vizcaya Argentaria (BBVA), a multinational Spanish banking group with $827 billion in total assets, recently revealed its successful third quarter results. BBVA, one of the world’s largest financial institutions, noted in a blog post on November 11 that its digital sales statistics… Read More

Fintech Worldwide Partners New York-based Molinari Media to Launch TheIMPACT Television and Social Media Network

Fintech Worldwide, a global innovation and events network that mainly focuses on Fintech, blockchain, and frontier technologies, announced on November 12 that it has teamed up with the New York-based Molinari Media, PBC in order to introduce TheIMPACT television and social media network. TheIMPACT will… Read More

PayPal’s Xoom Announces Rollout of Domestic Money Transfer Service in the U.S.

Xoom, PayPal’s international money transfer service, announced on Tuesday it has rolled out its domestic money transfer service in the U.S. Xoom reported that through its collaboration with Walmart and Ria, U.S. citizens may now use its services to send money for cash pick-up typically… Read More

Spain: Banco Sabadell to Partner with Fintech Nemuru to Provide Instant Loans for Renovations

Banco Sabadell, a bank based in Barcelona, has reached a partnership agreement with Nemuru – a Fintech that seeks to make it easier for professionals in the renovations sector to offer their customers instant loans at the point of sale. Banco Sabadell reports that the… Read More

Rearguard Action: Independent Community Bankers of America Supports Closure of Industrial Loan Charter “Loophole” to Eliminate “Shadow Banking”

The Independent Community Bankers of America (ICBA) has issued a statement of “strong support” regarding pending legislation targeting Industrial Loan Charters (ILC). An ILC is a regulated financial services charter that may be held by non-financial institutions. ILCs may hold FDIC insured deposits – a… Read More

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