Financial ServicesRSS

Fintech funding round-up: 18 August 2017

Attratti dal denaro

We’ve got your back if you want to keep track of financial backing. Our latest fintech funding round-up features Options, Instamojo, AnyPay, Aegon and Funding Circle. Options, a provider of cloud-enabled managed services to capital markets, has received nearly $100 million in investment from New York-based private equity firm Bregal Sagemount. The money will be […]

Fintech layoffs round-up: 18 August 2017

FSB: fintech brings risks and benefits

A distinctly cheerless round-up as we highlight some key moments regarding fintech layoffs. Features Simple and Royal Bank of Scotland (RBS). US-based digital banking service Simple has fired 33 staff members (about 10% of its workforce), including several executives, according to The Oregonian. Simple’s CMO, chief people officer, VP of operations, and VP of engineering […]

HSBC teams with Capita for new broker platform

HSBC-Logo

HSBC is introducing a new improved software platform for brokers and also confirms Personal Touch Financial Services as its next intermediary partner. The new software, provided by Capita, replaces the current system and provides a single platform which “drives greater automation, making it easier for brokers to transact, upload documents, and track details of mortgage […]

Hong Kong regulator grins thanks to financial inclusion wins

Hong Kong

The Hong Kong Monetary Authority (HKMA) is in a happy mood as the region’s financial inclusion initiatives are progressing well. Norman Chan, HKMA chief executive, visited three retail bank branches in northern Tin Shui Wai area of Hong Kong today (17 August) to understand the situation of branch services from bank representatives and staff, and […]

Infographic: 58 insane facts about Bitcoin

Did you know that the FBI owns 1.5% of the world’s Bitcoin!? Get ready for some super scrolling with “ten years of the world with Bitcoin” – and 58 insane facts. Infographic and research courtesy of Bitcoin Casino. Source: Bitcoin Casino

Jemstep the right roboadvisor step for KeyBank

KeyBank

When roboadvisor firm Jemstep was acquired by investment management company Invesco a year and a half ago, Invesco CEO Martin Flanagan highlighted the importance of combining technology and human insight to produce better investment outcomes for customers. Now Jemstep has partnered with KeyBank’s Key Investment Services (KIS), to provide another opportunity for Invesco’s roboadvisor to […]

US Senator questions big banks on CFPB arbitration

Too much debt

As expected, US Senator Elizabeth Warren (D-Massachusetts) is not going to let the Consumer Financial Protection Bureau’s (CFPB) final rule on arbitration agreements go down without a fight. The ranking member of the Senate Banking Committee’s Subcommittee on Financial Institutions and Consumer Protections wants big banks – not just their lobbyists – to address the […]

Blockchain and Bitcoin round-up: 16 August 2017

Bitcoin coins - virtual digital crypto-currency. Accurately stacked coins, closeup, background, 3D illustration.

Blockchain and Bitcoin are flying high – literally in one case – as we now have satellites in space. Our latest round-up features Bitcoin Cash, Blockstream, Falcon Private Bank and Bitcoin Suisse. Bitcoin’s value doesn’t need to be discussed every day, but today (16 August) on the US-based Bitfinex exchange, it has been holding at […]

AWS beefs up security with new bouncer named Macie

AWS 1

Amazon Web Services (AWS) has launched a new machine learning-based security service, which it claims will help customers identify anomalies inside their network, reports Telecoms.com (Banking Technology‘s sister publication). The launch comes only a month after its S3 storage hit the headlines for all the wrong reasons, as Verizon customer data was left on an […]

“Jihadi capital” Belgium most lenient country on money laundering

Belgium 1

Belgium – the “Jihadi capital of Europe” – is the European Union’s (EU) most lenient country on money laundering despite its role in terrorist financing, according to anti-money laundering (AML) firm Fortytwo Data. With refreshing frankness in the usually jargon-soaked and platitude-drenched world of fintech, Fortytwo Data says the EU’s disjointed approach to the fight […]

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