Global

We find Fintech news from around the world and share it with you here.

UK Finance, Which?, City of London Police Sign Letter Asking Government to Add Online Scams to “Online Safety” Bill

UK Finance (a trade association for the UK banking and financial services sector that represents around 300 firms in the UK providing credit, banking, markets and payment-related services), Which? (an organization that reviews products and services, so that you “make the best purchase decisions” for your… Read More

Ontology Founder Li Jun Explains how Blockchain and Self Sovereign ID Solutions can Protect Users’ Privacy Online

Li Jun, Founder of Ontology, recently commented on how Self Sovereign Identity solutions will reshape or transform how we share data via the Internet. Jun notes that each time you get on the internet, you’re adding your digital identity and are also creating a “virtual… Read More

Ethereum Continues to Outperform Bitcoin as Altcoins Begin Decoupling from BTC: Report

The team at digital assets firm Kraken asks whether the current Bitcoin (BTC) rally could go straight up “forever.” Kraken points out in a recent report that for the first time since October 2020, we have seen a “brief pause” in the form of this… Read More

European Fintechs Qonto and October Join Forces to Offer Instant Credit to Small Businesses

European Fintechs Qonto and October revolutionize lending to small and very small businesses.  Qonto, a European finance management solution provider which has attracted more than 150,000 European companies looking to improve their day-to-day banking, and October, the No. 1 SME lending platform in Continental Europe… Read More

BNPL Fintech Clearpay Research Reveals UK Millennials, Gen Z More Financial Savvy than Older Consumers

Research from Buy Now Pay Later (BNPL) service provider, Clearpay, reveals that Gen Z and Millennials may have been hit the hardest by the COVID-19 crisis, however, they’re the most financially savvy generation in the United Kingdom. Around 68% of Gen Z and 61% of… Read More

Fintech Nivaura has Acted as London Stock Exchange Group’s Partner in Developing Digital Primary DCM Flow Program

Fintech firm Nivaura has served as the London Stock Exchange Group’s (LSEG) partner in the development of the group’s digital primary DCM Flow platform. The DCM Flow platform’s efficiency and validity have reportedly undergone testing with its use in a $7 billion syndicated issuance by… Read More

Contactless Payments and Credit Card Transactions Increasing Steadily in Switzerland: Report

The Swiss Payment Monitor reveals that the trend towards credit card use and contactless payment methods has remained steady in Switzerland. The Swiss Payment Monitor is a research initiative that’s supported by the University of St.Gallen and the ZHAW Zurich University of Applied Sciences. The… Read More

UK’s Banking Challenger Monzo Announces New Product Updates to Improve User Experience

UK-based banking challenger Monzo notes in a recent product update that it’s now possible to send a payment reminder to someone you may have split a bill with (via the Fintech firm’s app). The Monzo team noted in a blog post: “As of today (May… Read More

Forward Flow, a Product for Crowdlending, Introduced by Kviku on Mintos in Euros and Russian Rouble

Peer to peer lending marketplace Mintos reports that in November 2020, Kviku introduced Forward Flow in Euro on Mintos. Now, the company is pleased to announce that it’s offering Forward Flow also in RUB (the Russian ruble). As noted by Mintos: “Forward Flow is a… Read More

Croatian P2P Lender Robo.cash Reports that €8.8M in Loans Were Funded via Platform in April 2021

Croatia’s Robo.cash, a peer-to-peer lending marketplace, reveals that it has wrapped up another successful month for the platform. The Robo.cash team has shared key highlights from last month’s performance (April 2021). The P2P lender reveals that loans worth €8.8 million were funded via its platform… Read More

Bitcoin Taproot Upgrade Benefits Explained by Jameson Lopp, CTO at BTC focused Tech Firm Casa

Jameson Lopp, CTO at Bitcoin (BTC) focused firm Casa, recently explained what the Bitcoin (BTC) Taproot upgrade will bring to the world’s largest cryptocurrency network. Lopp discussed (in a recent blog post) how the Bitcoin Taproot update could affect you and your Bitcoin wallet, especially… Read More

Chainlink Teams Up with UNICEF Innovation Fund to Support Blockchain Apps in Emerging Markets

Chainlink (LINK), a provider of decentralized Oracle networks, has teamed up with the UNICEF Innovation Fund in order to support blockchain-powered applications in emerging markets. The Chainlink Community Grant Program offers financial resources to development teams and researchers that are creating a “more functional, accessible,… Read More

Uniswap Version 3.0 Now Successfully Deployed on Ethereum (ETH) Mainnet

The team at Uniswap, a leading non-custodial Ethereum token exchange, revealed on May 5, 2021, that Uniswap version 3.0 has now been launched on the Ethereum (ETH) mainnet. All “relevant contract addresses” are found here. As mentioned in an update from the Uniswap developers: “Uniswap… Read More

South Korean Crypto Exchange Streami Gets Strategic Investment from digital Currency Group

Streami has received a strategic investment from the Digital Currency Group (DCG), according to a release. Streami is based in South Korea and operates GOPAX, a crypto exchange. DCG is said to be the second-largest investor in Streami and previously participated in the Series A… Read More

EstateGuru Returns to Seedrs for New Funding Round, Tops €520,000 in Hours

EstateGuru, a Lithuania-based debt crowdfunding platform, is returning to Seedrs to raise up to €1 million in equity capital. The offering went live in private mode on May 5th and quickly topped €500,000 in funding. EstateGuru previously raised just under one million euros in June… Read More

Railsbank Partners with Yimba on Personalized Cards

Railsbank, a Banking-as-a-Service (BaaS) platform, and Yimba have partnered on launching the ability to personalize the digital card art for cards stored in a consumer’s digital wallet. Yimba is a digital wallet tech provider. The two companies state that soon consumers will be able to… Read More

European Payments Specialist Banking Circle Reports Significant Rise in Transactions, Users After Acquiring License Last Year

Banking Circle, the payments specialist, has revealed that there’s been a significant “uplift in payments flow” and clients just a year after it launched its Banking License. At the end of February 2020, Banking Circle was awarded a Banking License from the Commission de Surveillance… Read More

UK Fintech Curve Partners Cardlytics to Offer In-App Rewards Program

UK-based Fintech Curve, an all-in-one card provider, has teamed up with Cardlytics in order to offer an in-app rewards program. Through the partnership, Curve’s million-plus UK clients will be able to connect with Cardlytics’ 100+ recognized high street brands, such as Pret a Manger, JustEat,… Read More

UK’s OneBanks, which Offers Face-to-Face Banking Services on Behalf of Banks, Hires Andy Willmot as CTO

OneBanks, the developer of a pop-up kiosk format which can offer in-person banking services on behalf of several different banks and financial services customers, has appointed Andy Willmot,  (the Chief Digital Architect at Lloyds Banking Group) as its Chief Technical Officer. With banks now beginning… Read More

HSBC UK Reports that Biometric Verification with its Caller ID Program, Voice ID, Reduced Bank Fraud by 50%

HSBC‘s caller ID program Voice ID has reportedly managed to reduce telephone banking fraud by more than 50% during the past 12 months, indicating that biometric verification can be quite effective in fighting against bad actors. HSBC says that its voice biometrics system has helped… Read More

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