FinTechRSS

FairFX gains e-money licence with takeover of digital banking service for SMEs, Q Money

Tony Quirke, founder of Q Money and new CFO of FairFX

FairFX, a London-based multicurrency payments service, has acquired Q Money and its e-money licence.

Fintech Acquisition Corp team returns to Nasdaq to raise $153m

funding

The Fintech Acquisition Corp I team that raised $100 million through an IPO in February 2015, has returned a new blank check company – Fintech Acquisition Corp II. It seeks to raise $153 million.

FIs and fintechs set up new industry group, Consumer Financial Data Rights

Consumer rights

Financial services and fintech firms in the US come together to form a new industry group – Consumer Financial Data Rights (CFDR) – “to defend consumers’ access to their data and fuel innovation in fintech”.

Fintech tour Hong Kong: Blueprint for start-up success

Blueprint accelerator, Hong Kong

Hong Kong-based tech accelerator Blueprint is calling out to the region and the world for start-up applicants.

Top fintech stories this week – 20 January 2017

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Fintech tour Hong Kong: Ayannah triumphs in start-up final

Next Money Fintech Finals 2017, Hong Kong

Philippines-based Ayannah, a provider of financial services to migrants and the unbanked, was the overall start-up winner in the Next Money Fintech Finals 2017 in Hong Kong.

Finra highlights possibilities of blockchain tech for the securities industry

Finra examines blockchain

Financial Industry Regulatory Authority (Finra), a non-governmental organisation that regulates member brokerage firms and exchange markets in the US, has published an extensive report, evaluating the implications of blockchain for the securities industry.

Financial innovation – a lifeline for SME funding

Katrin Herrling, Funding Xchange

Financial innovation is unlocking additional funding for small businesses that have been declined by their bank. Katrin Herrling, co-founder and CEO of Funding Xchange, explores.

Fintech tour Hong Kong: Park and ride

Hong Kong

Park and ride? A visit to the Hong Kong Science and Technology Parks Corporation (HKSTP) and an opportunity for fintechs to ride the start-up wave.

Trade group report offers post-Brexit licensing guidance for fintechs

It'll be hard

With last year’s Brexit decision casting uncertainty on UK-based e-money passporting, the Emerging Payments Association (EPA) has released a new report recommending the best options for UK-licensed fintech and financial services companies in danger of losing their European Union passporting rights following the UK’s exit from the EU.

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