Although the final restrictions of the COVID-19 pandemic have almost been lifted, its effect continues to mark the UK SME landscape.
Although the final restrictions of the COVID-19 pandemic have almost been lifted, its effect continues to mark the UK SME landscape.
CB insights has compiled a list of the top European venture capitalists by country based on the number of portfolio companies they have backed; the list focused on the most active investors of the last five years and included VCs, corporate VCs, growth equity firms and super angels. Source.
The European Parliament has posted regulations pertaining to tokenization and digital securities leveraging blockchain or distributed ledger technology.The...
The results of a year long study by the European Banking Authority shows that the current regulatory environment for crypto...
Oliver Wyman’s new report, Beyond Restructuring: The New Agenda - European Banking 2017, points out that banks have recovered from the crisis but face digital headwinds; for the most part banks have restructured into a new regulatory environment with more capital and smaller balance sheets; but they now they face digital challenges from fintechs and customers looking for better experiences. Source.
According to new research by open banking platform provider Tink 41 percent of European banks failed to meet the latest...
Finastra CEO Simon Paris tells CNBC that European Banks are falling behind their U.S. counterparts when it comes to innovation;...
Companies like TransferWise, Venmo and PayPal have forced banks in Europe to look at creating their own affordable real-time payments service; the idea is in the early stages but it shows the effect that fintech players can have on the traditional banks; the service would also look to head off the increased competitive threat from open banking which is set to begin in early 2018. Source.
The European Central Bank (ECB) is considering additional capital buffers to banks looking to incorporate fintech; the regulator says adding fintech to the bank will increase the potential for a volatile client base and the untested products will need a lot of capital; this is part of the recent draft licensing guidelines released by the ECB. Source.