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Despite the pandemic global fintech financing runs high
- Daniel Lanyon -
- 05/11/2020
FT Partners latest number-crunching shows COVID-19 hasn’t derailed venture capital’s interest in the fintech industry. Total global fintech financing hit $12bn of capital raised in the third quarter of 2020, according to research by FT Partners. While many predicted the COVID-19 pandemic would hit the fintech industry hard, the
The Future of Fintech, and What It Means for the Personal Finance Industry
- John Ellmore -
- 05/11/2020
The coronavirus pandemic has fast-tracked the call for more technical solutions. As the onset of the virus brought life as it was to a standstill, social distancing measures have driven consumers to utilise more digital services. John Ellmore, Director of KnowYourMoney.co.uk examines what it could mean for the personal finance industry. Nowadays,
German supervisory regime lambasted over Wirecard collapse
- Finextra -
- 04/11/2020
Europe’s top regulatory body has issued a stinging indictment of the German financial supervisory regime which allowed bankrupt payment processor Wirecard to hoodwink investors for years.The report by the European Securities and Markets Authority (Esma), identifies a number of “deficiencies, inefficiencies and legal and procedural impediments” in the two-tier
The Future of Insurance Europe: Reuters Exclusive CEO and C-Suite Leadership Discussion Points
- Reuters -
- 04/11/2020
The Future of Insurance Europe (Nov 24-25, 2020, Online), will unite the most influential CEOs and insurance C-suite leadership teams for real business discussions to develop solutions, tackle challenges, set benchmarks and collectively lay the foundations for the future. With over 30+ CEOs and C-Suite execs from all major
Role of FinTech in the post-COVID-19 world
- Richard Summerfield -
- 04/11/2020
The growth of the global FinTech market has been significant. According to the Business Research Group, the market was valued at about $127.66bn in 2018 and expected to reach $309.98bn at an annual growth rate of 24.8 percent through 2022. Of course, the COVID-19 pandemic has caused significant disruption
Five revenue-generating ideas for fintech/bank partnerships
- Joanna England -
- 03/11/2020
Collaborative approaches to boost the fintech sector by teaming with, rather than seeking to disrupt, established banks. The fintech industry worldwide has grown very successfully over the past decade. But since the global pandemic, start-ups have suffered through a lack of investment from areas that previously have supported the
nexo standards: Providing the building blocks for global card payment acceptance
- Crouzet -
- 03/11/2020
Arnaud Crouzet, General Secretary of nexo standards talks about how the lack of interoperability in today’s complex global payments acceptance world is hindering merchants’ plans for international expansion. As technologies evolve to offer evermore payment options for consumers and globalisation continues at a rapid rate, it is inevitable that
PSD2 and GDPR – Customer consent is the key
- Paul Weiss -
- 03/11/2020
PSD2 & GDPR will come into force in the first half of 2018. Paul Weiss, Consulting Practice & Financial Services from Accenture talks about their seemingly conflicting coexistence. While the PSD2 is all about making the data of individuals available to third parties, the GDPR is all about keeping this data
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London-based fintech Curve secures €78M funding; eyes international expansion
- Silicon Canals -
- 15/01/2021
London-based fintech Curve, which combines multiple cards and accounts into one smart card and app, has announced that it raised $95M (nearly €78M) as a part of its Series C funding round. The investment comes from a slew of leading international investors. International expansion plans The latest funding round in Curve was led by IDC Ventures, Fuel Venture Capital and Vulcan Capital, the investment arm of the estate of Microsoft co-founder and philanthropist Paul G. Allen. The other investors that took part in the funding round include OneMain Financial, the US personal finance company, and Novum Capital. Notably, IDC Ventures has funded
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