Global

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

Fintech Castles Technology to Support Worldline’s Deployment of Android Payment Solutions

Castles Technology, which claims to be one of the world’s top payment solutions providers is pleased to announce a partnership with Worldline (Euronext; WLN) for its first international deployment of a comprehensive range of Android payment terminals and associated services, including repair and staging. Through… Read More

Insurtech Cover Genius Partners with India’s EaseMyTrip.com, an Online Travel Platform

EaseMyTrip.com, one of India’s largest online travel platforms, announced its strategic partnership with Cover Genius, the insurtech for embedded protection. By integrating with XCover, Cover Genius’ global distribution platform, EaseMyTrip customers can add Cancel For Any Reason (CFAR) travel protection “along with the embedded comprehensive… Read More

Germany Sees Regulatory Progress for Crowdfunding Platforms Under ECSPR

  The largest economy in Europe has been slow to create a sustainable regulatory environment for investment crowdfunding platforms to thrive. Under ECSPR or European Crowdfunding Service Provider Regulations, an approved platform may raise up to €5 million across the European Union. The kicker to… Read More

Binance UK Says No More New Users Following Marketing Denial

Binance UK will stop accepting new users as of today (Monday, October 16, 2023). The announcement follows the denial of approval for a third party to provide marketing services to the UK iteration of the world’s largest crypto exchange. This month, the UK Financial Conduct… Read More

Blockchain Adoption: The Reserve Protocol Deploys on Base, an Ethereum (ETH) L2 Environment

The Reserve Protocol is now live on Base, marking its first expansion beyond the Ethereum mainnet. This update matters because it aims to empower accessible innovation. As noted in a blog post by the Reserve Protocol team, the “low-cost,” and developer-friendly Ethereum L2 environment launched by… Read More

Talos Integrates with Coinbase to Provide Institutional Clients Expanded Access to Perpetual Futures Trading

Talos, a provider of institutional digital assets trading technology, announced its integration with Coinbase International Exchange, a licensed digital assets exchange that launched earlier this year. The integration allows mutual clients of Talos and Coinbase International Exchange based in eligible jurisdictions outside of the US… Read More

Cybersecurity and Privacy Institute at University of Waterloo Receives Investment from Mastercard

Mastercard (NYSE: MA) and the Cybersecurity and Privacy Institute (CPI) at the University of Waterloo have announced a $550,000 partnership focused on research and talent advancement in cybersecurity. The funding will support projects that increase “Trust in Data” around: fingerprinting, identification and validation, and data… Read More

Mintos Reports Increase in Investments with Interest Earned by Investors Surging to €4.1M in Sept 2023

The month of September has shown “promising” growth on Mintos. Total investments via Mintos saw “a significant increase to €94.9 million, and interest earned by investors climbed to €4.1 million.” This upward trend was primarily “driven by the same trend we observed in August,” explained… Read More

UK: Conister Bank Approved for Deposits

Conister Bank, part of Manx Financial Group  (LSE: MFX.L), has been approved for a UK deposit-accepting license. Conister Bank was already approved to hold deposits in the Isle of Man. Conister states that is the first time an Isle of Man bank has been approved… Read More

Switzerland: SIX Expands Cloud Connectivity with Megaport via Launch of SIX Connect

SIX, the global financial information provider, is leveraging leading Network as a Service provider Megaport in order to “provide customers seamless private access to its data services via any major public cloud provider.” The service is available as of today and “covers more than 100… Read More

UK Jobs Report: Economic Uncertainty, Rising Costs Affected Hiring Decisions in Sept 2023

Uncertainty over the economic outlook and rising costs continued to weigh on hiring decisions in September, according to the KPMG and REC, UK Report on Jobs survey, compiled by S&P Global. Permanent placements fell again as companies “were often reluctant to commit to permanent hires,… Read More

Sweden: BNPL Waylog Reports Solid Growth Helped by Froda Partnership

Young buy now pay later (BNPL) provider Waylog is reporting solid growth. Founded in 2022, the Sweden-based Fintech reports going from SEK 20 million to over SEK 500 million ($46 million USD). According to a statement from the lender, a new partnership with Froda is… Read More

European Regtech Fourthline Expands Operations to France with Neobank Shine

Founded in 2017 in the Netherlands, Fourthline has developed a technological suite that enables financial service providers to automatically and compliantly perform KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures in accordance with local requirements. Fourthline offers a single API “to streamline the onboarding… Read More

France: Autorité des Marchés Financiers Appoints Sébastien Raspiller as Secretary General of the AMF

The AMF announces the appointment of its new Secretary General, Sébastien Raspiller Following a decision by the Chair of the Autorité des Marchés Financiers (AMF), Sébastien Raspiller will be “appointed Secretary General of the AMF on 16 October 2023.” He replaces Benoît de Juvigny, who… Read More

CoinList Introduces Staking Fund, Enabling US Accredited Investors to Earn Returns on Digital Assets

CoinList, the crypto launchpad and exchange that provides access to  established crypto assets, has launched a family of staking funds that “allow U.S. accredited investors to earn rewards through investment in a fund whose strategy is to stake digital assets.” At launch, the funds will… Read More

Higher-for-Longer Interest Rate Narrative Became “Louder” as Bank of England Might Not Be Quick to Cut Rates – Analysis

A market report has highlighted some key developments from the past week, including the following updates: Bank of England’s chief economist highlights challenge ahead for policymakers Hotter-than-expected US inflation leads to mixed trading ahead of bank results Microsoft takeover of Activision approved by regulator Middle… Read More

Airwallex and Alpaca to Deliver Seamless Experience for Investors Purchasing US Stocks

Airwallex, a global payments and financial platform for modern businesses, announced its partnership with Alpaca, a developer-first API brokerage platform, to support Alpaca’s global payments and foreign exchange (FX) needs. The announcement comes on the heels of several recent Airwallex wins “in the wealthtech category,… Read More

Monica Eaton of Chargebacks911: Fintech Exec Explains Why Banks Embrace Open Banking, Data Analytics for Trade Finance Operations

We recently sat down with Monica Eaton from Chargebacks911 to gain more insights regarding the partnership between Finastra and Microsoft and how it addresses the requirements of corporate clients. Eaton, founder and CEO at Chargebacks911, also commented on how the collaboration addresses the challenges banks face… Read More

Web3 Adoption: OKX Ventures Invests in Aark Digital, dappOS, 0xScope, Covering L2 Derivatives, Operating and Knowledge Graph Protocol

During the past month, the crypto industry has experienced rapid growth. OKX Ventures has identified several scenarios where significant progress has been made: SocialFi has introduced “remarkable” products. Friend.tech has reportedly “generated over 10,000 ETH in revenue, with a TVL surpassing 30,000 ETH.” Their total… Read More

Wealthtech Addepar Appoints Abhimanyu Prabhavalkar as Head of India Operations

Addepar opened a new office in Pune, India in March 2023 as they deepened their commitment to global expansion and R&D investment. Abhimanyu “Abhi” Prabhavalkar recently joined Addepar’s engineering leadership team during this exciting time of growth as their R&D regional lead in India, “bringing… Read More

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