September 26, 2024 @ 12:25 pm By JD Alois  |  

Both London and New York City have long been top global financial centers, and both locales have emerged as Fintech leaders. The sheer size of the US market has helped NYC maintain a significant advantage over London in global rankings, but a report shared today… Read More

 Tagged uk, united kingdom

September 26, 2024 @ 9:50 am By JD Alois  |  

As was previously reported, the US Department of Justice (DOJ) has filed a lawsuit against Visa (NYSE:V) claiming uncompetitive practices that stifle innovation while keeping costs high for consumers. A statement by the Competitive Enterprise Institute (CEI) posted this week counters this argument, claiming the DOJ’s… Read More

 Tagged cei, doj, lawsuit, visa

September 26, 2024 @ 9:39 am By JD Alois  |  

The Digital Lending Association (DLA) says it has elected Patrick Stäuble, founder and CEO of Teylor AG, to its board of directors. Simultaneously, Philipp Kriependorf, co-founder and Managing Director of auxmoney GmbH, and Marco Hinz, Managing Director of CrossLend GmbH, were unanimously re-elected. Tthe DLA… Read More

 Tagged digital lending association, dla, germany

September 26, 2024 @ 9:06 am By Omar Faridi  |  

The UK economy is said to be at a crossroads with weaker than expected growth to leave less room for the Chancellor in the Autumn Budget. This, according to an update from KPMG. According to KPMG in the UK, this weaker growth is set “to… Read More

 Tagged autumn budget, economy, Research Study, uk

September 26, 2024 @ 7:53 am By Omar Faridi  |  

The European Investment Bank (EIB) is providing €220 million in financing to Nexi Group, Europe’s largest PayTech company, to support innovation in the digital payments sector. The agreement was announced in Milano “by EIB Vice-President Gelsomina Vigliotti and Nexi Group CFO Bernardo Mingrone.” Nexi will… Read More

 Tagged digital payments, eib, europe, european investment bank, nexi group

September 25, 2024 @ 7:29 pm By Omar Faridi  |  

The Reserve Bank of Australia (RBA) and Treasury released a report this past week summarising research to date on central bank digital currency (CBDC) and how this has informed the RBA and Treasury’s current assessment of CBDC issues in Australia. The report also sets out… Read More

 Tagged australia, cbdc, central bank digital currency, digital currencies, reserve bank of australia

September 25, 2024 @ 7:27 pm By Omar Faridi  |  

Priority, the payments and banking Fintech that streamlines collecting, storing, lending, and sending money to unlock revenue opportunities, has announced significant enhancements to its Passport product within its banking and treasury solutions platform. Passport integrates payments, treasury, and banking services “on a scalable, native platform…. Read More

 Tagged banking, fintech adoption, payments, priority, treasury solutions

September 25, 2024 @ 7:25 pm By Omar Faridi  |  

Desia, a system of intelligence and AI productivity for investment professionals, has successfully raised a $3.3 million pre-seed funding round led by Dig Ventures. Alongside Dig Ventures, various VCs participated in the round, “including 2100 Ventures, Vento by Exor Ventures, Octopus Ventures, Foreword Ventures, Plug… Read More

 Tagged ai, desia, dig ventures, funding round

September 25, 2024 @ 7:24 pm By Omar Faridi  |  

The Capchase SaaS Benchmark Report for 2024 has been released. Capchase notes in a new blog post that its third annual SaaS Benchmark Report is officially live. Last year’s report used data from 900 B2B SaaS companies “to define what success looks like in a… Read More

 Tagged capchase, data, insights, Research Study

September 25, 2024 @ 7:21 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) announced today the establishment of a Cyber and Technology Resilience Experts (CTREX) Panel. The Panel replaces MAS’ Cyber Security Advisory Panel, with an expanded mandate to “cover technology resilience which, together with cybersecurity, significantly underpins the operational resilience of… Read More

 Tagged mas, monetary authority of singapore, singapore