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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,
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 (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
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
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
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 & 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
Author: Lorenzo Pellegrino, CEO of Skrill, NETELLER and Income Access, at Paysafe Group For millions of people across the globe, sending money home to family and loved ones is a normal part of life. For the recipients of those transactions, the finances they obtain is often their only source
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