Enfuce announces that Swedish fintech Gee Finance has selected Enfuce as its card issuing partner. This partnership enables Ge
We reported earlier this week on JPMorgan’s secret digital banking project underway in London; this news comes soon after the...
Here are the most read news stories from our daily newsletter today: Augmentum Fintech increases share issue by £15mn –...
BTC or ETH is not subject to tax on sales if the individual sells them more than 12 months after being acquired. ...
After more than a thousand years of searching, the holy grail of cross-border payments can be found within the next 10 years, a new ECB report suggests.
The company announced the news in an earnings call; they will begin testing products this year and have invested $53.3 million developing the new bank; Virgin Money is said to have signed an agreement with 10x Future Technologies to develop the platform. Source
Abundance sold 72% of all Innovative Finance ISA (IFISA) products in the last year; this represented 62% of investment into the new product overall; while the P2P lender is happy with their success they realize their market lead will diminish as they were one of a few platforms approved in the last year; a host of other platforms, including top lender Zopa, have been approved recently and the numbers are sure to be more widely spread out among a larger group of platforms; Bruce Davis, co-founder and joint managing director of Abundance, tells AltFi, "Abundance's success is very much the good news part of the Innovative Finance ISA story to date." Source
Digital Identity is an aspect of CBDC design causing much debate. For some, it is the end of freedom, others dub that "unnecessarily alarmist."
While giving a keynote speech at LendIt Europe 2017 Upgrade CEO Renaud Laplanche laid out his three biggest predictions for the near future; the growth of online lending will accelerate in the next 15 months, a meaningful secondary market will develop and rebundling will give birth to one major consumer product innovation in the next 15 months. Source.
UK robo advisor Moola has hired Simon Moore, former chief investment officer of BlackRock's FutureAdvisor; Moola offers BlackRock's products to its clients for a minimum investment of £200 ($249.68); Moore will help the firm expand its investment capabilities and meet the evolving needs of the platform's customers. Source