The Financial Conduct Authority (FCA) has requested that P2P lenders not lend to each other through industry network lending; the request comes as the regulator continues to increase its oversight and understanding of the industry; in the FCA's report it says that the industry network lending could be in violation of rules that require deposits for such transactions. Source
A new report out by Citi says that new digital-first challenger banks may cause a 30% revenue hit to incumbent...
Several Indian business leaders spoke out against what they believe is their government’s overly cautious approach to cryptocurrency regulation. They made the comments during the Mumbai Micro Experience of Fintech Festival India 2021-22. Mrutyunjay Mahapatra, a member of the Governing Council of RBI (Reserve Bank
Here are the most read news stories from our daily newsletter today: So you want to make money on NFTs:...
CFPB to give more information to firms under investigation The head of Credit Suisse’s blockchain efforts said culture is the...
BENKER is to become the first officially licensed blockchain neobank launched in Europe following approval by the Bank of Lithuania.
iZettle’s IPO, which they are set to announce next week would be the largest fintech IPO to date in Europe;...
Latvian marketplace lender Mintos has announced it will be expanding its loan offerings to include loans denominated in Czech koruna to avoid currency risk for investors; firm is the third European lender following Creamfinance and Acema to expand to the koruna; says it also has plans for additional currency offerings. Source
The Cambridge Centre for Alternative Finance (CCAF) does the most in depth research on alternative finance across the globe; their...
TeraFXUK published its financials for the year 2021, which ended on December 31, reporting an almost 274 percent increase in its annual turnover.