Business Insider reports on the UK Treasury's first International Fintech event; the UK's Chancellor Hammond is scheduled to speak about growing and strengthening fintech amid the challenges presented by Brexit; the CEOs of Funding Circle and TransferWise will also be speaking at the event. Source
German-based savings marketplace Raisin has received over EUR4 billion (USD $4.7 bn) in investments on its platform in less than four years; founded in 2013 it was the first investment marketplace of its kind in Europe and now has two times the total investment assets of its closest competitor; partnering with 34 banks across 17 European countries it helps customers find the highest retail deposit market rates. Source
A new fintech named Twig has launched in the UK with the aim to allow customers to turn their unwanted possessions into instant cash.
“Axie Infinity” publisher Sky Mavis Ltd. said on March 23, hackers infiltrated a part of its Ronin Network, which the game runs on. The infiltrators got...
Podcast: A glimpse at the role of the bank branch after the pandemic Several banks disclose plans to permanently close...
The WCF is an annual event that targets diversity within the financial sector through personalised engagement activities.
Inter-bank payments platform Swift says it is a step closer to adopting blockchain; a project that could potentially move member bank accounts to the blockchain and provide for real time reconciliation is now ready for its next phase; the project is focused on dormant funds held in various currencies supporting transactions. Source
PitchIt @ LendIt Europe is one of the industry's most popular startup competitions providing eight finalists with unparalleled access to industry expertise and funding opportunities as well as invaluable exposure, branding and more at the event; hosted in partnership with Startupbootcamp, the event also offers fast-track status to the finalist round for Startupbootcamp Fintech Accelerator as one of its prizes; interested startup companies must submit their application by September 4 and finalists will be announced on September 10; more details about the competition can be found here. Source
Digital banking app Revolut is looking to embrace the cryptocurrency wave and incorporate features into the app; the new features would let users exchange and use bitcoin as well as other digital currencies; there is no set plan for the new features but Head of Mobile, Edward Cooper, tweeted that potential changes were coming on cryptocurrencies as Crowdfund Insider reports. Source.
Thousands of British consumers and small businesses can access their cash again with the Financial Conduct Authority telling Wirecard Card...