Credit Kudos receives FCA authorisation to shake up credit bureau market

Credit Kudos founders

Credit Kudos, a challenger credit bureau, has received the green light from the UK’s regulator, Financial Conduct Authority (FCA), to operate as a credit reference agency.

Crowdfunding platform OurCrowd moves into Spain


Israeli equity crowdfunding platform OurCrowd has furthered its global expansion by opening an office in Spain, reports Julie Muhn at Finovate (Banking Technology’s sister company). The company’s founder and CEO Jon Medved has identified Spain and the Iberian region as one of OurCrowd’s “priority markets” since Madrid is in the heart of Europe and a gateway […]

Curve integrates with Xero to automate expense reports


London-based start-up Curve, a mobile app that enables users to spend from all their accounts with one card, is dangling a juicy carrot in front of small business owners and freelancers – it will handle their expense reports.

No excuses from Revolut after server issues


The last 24 hours for payments start-up Revolut haven’t been kind after its services went down due to a server failure. Not only was it painful for the engineers working to ensure the services are back up, but also painful to the customers who at the time couldn’t access their accounts. Revolut CEO, Nikolay Storonsky, […]

Banking Technology October 2017 issue out now

Banking Technology October 2017

Oh brave new world! Where transparency reigns. The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.

UK insurtech start-up Nimbla seeks SME market shake-up

Nimbla logo

Nimbla, a London-based insurtech start-up, has launched a platform offering UK SMEs credit control and single invoice insurance using cloud accounting, as well as underwriting rules agreed upon by Munich Re’s new business unit Digital Partners. The firm says it is looking to tap into the UK’s SME market that has a reported £5.8 billion […]

Saxo Payments Banking Circle backs Project International Trade

Saxo Payments Banking Circle

Saxo Payments Banking Circle, has become the benefactor of an Emerging Payments Association (EPA) project to support the growth of early stage fintech companies around the world, reports Paybefore (Banking Technology‘s sister publication). Project International Trade (PIT) is set to encourage trade between EPA members and non-EU target markets in the payments industry. The project […]

UK regulator unleashes new hub for sweet asset management

FCA keen to explore regtech

The UK’s Financial Conduct Authority (FCA) is setting up an asset management authorisation hub to support start-ups entering the lively market. In a speech at the “FT Investment Management Summit Europe 2017”, Megan Butler, executive director of supervision – investment, wholesale and specialist, FCA, says the hub will help start-ups as they move between pre-authorisation […]

Italy’s first fintech hub comes to Milan


The Italian Ministry of Economy and Finance and the City of Milan have opened the “Milan Fintech District”, the country’s first hub dedicated to businesses in the financial industry. The hub is for start-ups, entrepreneurs, financial institutions, investors and universities to foster development and growth. Pier Carlo Padoan, Minister of Economy and Finance, says the […]

Fintechs – friends or foes?

Fintech – friend or foe?

Visa employees have a saying that “cash is our biggest competitor.” Mightier threats, however, are looming.