MiFID II legislation is likely to come into play on January 3, 2018; the legislation will regulate trading activities and further investor protections; article highlights the impact across financial services with robo advisory and high-frequency trading directly influenced. Source
FinTech Tide is using open banking to offer additional capabilitie
Singapore state investment giant Temasek led the round of funding, which will be used for global expansion.
In this episode, we talk with the i80 Group about debt financing. Many young fintech companies are capital-intensive businesses with few good options for attractive debt funding. I80 Group fills that need.
Credit Card Fintech Petal Raises More Money in $140 Million Series D. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
The Monetary Authority of Singapore announced they will issue five digital banking licenses in June and the winning bids will...
Here are the most read news stories from our daily newsletter today: PayPal Brings Crypto Service to UK Customers –...
Citigroup added 5,500 technology workers and increased its tech spend 10% to about $10 billion in 2021. The $2.9 trillion bank reported $3.3 billion in net income for the fourth quarter of 2021, down from $4.3 billion in Q4 2020. Tech and communications spending reached $2.1 billion in Q4, a 3% year-over-year increase and 4%...
With more services becoming digital, a digital currency seems to be the perfect solution to streamline the digital revolution further.
The implementation of GDPR is around the corner as it starts in May across Europe, while most of the regulations will benefit robo advisors the compliance costs could rise significantly; users will be able to ask for all data related to them and all data a rival adviser might have on them, getting this done correctly and efficiently will take time; the customer benefits are high, startups on the other hand might end up getting a lot more costs then anticipated. Source.