Starling Bank is to expand its payment services business and will become the first UK challenger bank to offer Merchant Acquiring services. (more…)
Paying bills takes time, whether it’s queuing, hopping around to multiple offices, or jumping between apps. (more…)
It’s the “WHALES” aka people with at LEAST several million dollars worth of cryptos in their possession, in “old school” financial terms these are the people known as “High Net Worth Individuals” (HNWI).
San Francisco-based digital lending platform provider Roostify has closed a $25 million Series B financing round joined by Santander InnoVentures, Cota Capital and Point72 Ventures. (more…)
Wirecard, the digital financial technology specialist, is today expanding its collaboration with ReiseBank, the market leader in the field of travel money in Germany. (more…)
Global Processing Services (GPS), part of Rt. Hon. Lord Mayor of the City of London’s UK Business delegation which are currently in Australia this week; announces today that it has been selected to be the payment issuer processor for multi-currency FX money app Revolut, for the future launch of their app in the APAC region starting with New Zealand, Singapore and Japan. (more…)
By Jack Ellis for Tech in Asia
Here are the top headlines from the past few days. (more…)
South Korea said it will take firm action against illegal and unfair acts in cryptocurrency trading after a 280,000 signature petition was sent to the presidential Blue House. (more…)
ALL three of Singapore’s banks posted double-digit profit growth for the fourth quarter, with DBS Bank and OCBC Bank leading the way as their bottom lines rose 31 per cent each. (more…)
Biz scrambles to shut down crafty coin crafting operation (more…)
Venture capital investment in UK fintech firms more than doubled in 2017 to reach $1.8 billion, with 54% of the total coming from overseas VCs who appear largely untroubled by the UK’s imminent break from the European Union. (more…)
OurCrowd, one of the largest investment crowdfunding platforms in the world, held their annual summit at the International Convention Center in Jerusalem this past week. Beyond the presentations by the many cool tech startups that make up their portfolio companies, OurCrowd took a moment to share their insight into tech trends for the coming year.
Israel, known at the “Innovation Nation,” is a hotspot for tech startups. Practically everyone in the country is either involved with a startup or a venture capitalist backing promising young firms. And that is the truth. Last year, OurCrowd predicted the cryptocurrencies / Blockchain will be a big deal during 2017. They nailed that one.
So what does OurCrowd foresee for this coming year? On their list of the top ten tech trends for 2018 include:
See the OurCrowd Tech Trend slides embedded below.
European financial leaders believe technology players like Facebook and Google are moving in on their turf, abetted by the fact that they don’t face the same regulatory limitations their counterparts in traditional banking do. (more…)
Digital auction house eBay is terminating a 15-year relationship with PayPal and instead turning to Amsterdam-based Adyen as its primary payments provider at the checkout. (more…)
Overstock.com (NASDAQ: OSTK) announces the launch of a digitally driven investment platform, powered by tZERO Advisors, within the online retailer’s FinanceHub™. (more…)
A group of British banks have come together to simplify the account opening process for small businesses, working with trade body UK Finance on a checklist of details and documents firms will need for their applications. (more…)
By Andrew Marshall for CoinTelegraph
Facebook has updated its advertising policy, announcing in a blog post Tuesday, Jan. 30 that it prohibits ads that use “misleading or deceptive promotional practices,” which, according to the social media platform, includes ads of cryptocurrencies and Initial Coin Offerings (ICOs). (more…)