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Europe

EuropeFintech
·Jun. 29, 2020

EY Under Fire for Wirecard Accounting

Accounting firm Ernst & Young failed to request bank statements from the Singapore bank that the fintech claimed to have...
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EuropeFintechNews Roundup
·Dec. 11, 2017

New Cambridge Center Reports Hows Wider Acceptance of Alternative Lending in UK

The Cambridge Centre for Alternative Finance’s new report Entrenching Innovation showed that the UK online alternative finance market grew 46 percent in 2016; investors surveyed by the report said that online platforms offering debt based products were on equal footing to that of typical fixed income assets but more transparent; industry veterans say this points to the long term chances of the market and its wider acceptance in broader financial services. Source.

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Europe
·May. 18, 2022

FICO: More Than Half of UK Consumers Would Switch Banks

FICO suggests that UK banks could face a potentially catastrophic customer defection event in the wake of a money laundering scandal.
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EuropeFintechNews Roundup
·Mar. 5, 2020

What Makes a Good Fintech Founder?

Wired interviews partner at Propel, Jay Reinemann about what makes a good fintech founder; coming out of the financial crisis...
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EuropeFintechNews Roundup
·Apr. 5, 2019

Funding Circle SME Income Fund to be Wound Down

The Funding Circle SME Income investment trust was launched in 2015 to invest in Funding Circle loans originated in the...
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EuropeFintechNews Roundup
·Feb. 8, 2017

BNP Paribas Looks to the Future of Banking

BNP Paribas, France's largest bank, is doubling down on their investment in technology; the bank plans to invest 3 billion euros ($3.2 billion) over the next three years; the bank stated they want to "build the bank of the future by continuing to grow the businesses and implementing an ambitious program of digital transformation, new customer experience and cost savings"; the investment will be directed towards tech labs, company incubators and internal app development.  Source

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EuropeFintechUSA
·Jul. 2, 2020

AI Becoming Core Component of Financial Services

According to a 2019 study by Forrester about half of financial services and insurance firms around the world are already...
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EuropeNews RoundupOnline Lending
·Mar. 27, 2017

P2P Global Investments PLC Reports Monthly Performance

The P2P Global Investments Trust has reported February performance; NAV return of 0.38% was helped by the firm's current buyback program and is the 33rd consecutive month of positive NAV returns since inception; 12 month return is 3.92% and inception to date return is 14.20%; investment manager is actively diversifying to reduce exposure to US consumer loans and shift to European real estate and bonds.  Source

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Asia/PacEuropeFintechNews RoundupUSA
·Jul. 29, 2020

More News for July 29, 2020

Cboe Proposes Plan That Could Curb Advantages of Fast Traders European banking needs a Big Bang Hong Kong-based EMQ raises...
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EuropeNews RoundupOnline Lending
·Nov. 21, 2016

ThinCats Receives Two New Industry Endorsements

ThinCats has received endorsements from the National Association of Commercial Finance Brokers (NACFB) and Defaqto for its business operations in the P2P lending industry in the UK; the NACFB has recognized ThinCats for its best practices within commercial finance brokerage activities and ThinCats has joined the NACFB as a patron; ThinCats has also been recognized by Defaqto with a 5-star rating for product quality and comprehensiveness.  Source

 

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