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With the prospect of an “Uber” moment out there, banks are working to retain their customers by stepping up their own digital channels before new, agile competitors have a chance to steal them away.
Can there be any doubt that we in the financial services industry live in exciting times? Perhaps that’s too tame a way to put it—for truly, these are times of historic proportions. (sponsored)
The Vancouver-based BTL Group and Visa Europe Collab, the innovation hub of the global payments company Visa, have announced a partnership to develop potential applications for blockchain technology.
A European venture capital firm which has previously backed Spotify, iZettle and London FinTech startup MarketInvoice, has launched a new multi-million pound fund to plough into tech startups across Europe.
A new report this week from ratings firm Moody’s Investors Service, which evaluates bond offerings by online lenders, argues that bank partnerships can greatly benefit FinTech lenders by reducing their cost of finding customers and funding – but there’s a catch.
Toronto-based TouchBistro, a leading iOS point of sales apps for restaurants and bars in 37 countries, announced that it will soon offer full integration with mobile payments company Square.
Apple is showcasing up-and-coming applications from Square and UK challenger bank Monzo which will enable iPhone users to transfer funds with a simple voice request via Siri.
Hong Kong’s banking watchdog will allow banks to experiment with new financial technologies that do not meet compliance standards as the city steps up its competition with regional rival Singapore.
Striving to achieve a valuation of $1 billion or more may no longer be in a start-up’s best interest, according to recent valuation trends and the venture capitalists who invest in the space.