Top fintech stories this week – 25 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Deutsche Bank to cut 7,000 jobs
Global headcount will fall from 97,000 to well below 90,000.
Commerzbank makes first major FX pilot transaction via blockchain
Used R3’s distributed ledger Corda.
Kabbage plans payment processing by year end
Looking to take on PayPal and Square.
MUFG and Akamai plan new blockchain payments service
Will offer new network from fiscal year 2019.
Payments firm Adyen plans €9bn IPO
Dutch company enjoying healthy revenue and processing volumes.
And ICYMI – The shortlist for our PayTech Awards 2018 was unveiled last week.
The May 2018 edition of the Banking Technology magazine is out now! Click here to read the digital edition – it is free.