Consumers and small businesses in the UK have been hit by the Wirecard scandal as the UK’s Financial Conduct Authority...
Mastercard and Microsoft have announced a collaboration around digital commerce, startup innovation and financial inclusion; the collaboration will help Mastercard’s...
Ant Financial is planning to resubmit its application for U.S. review of its deal to buy MoneyGram International Inc for $1.2 billion, a source familiar with the matter said; Ant’s latest attempt for approval would be its third as the maximum time of 75 days for assessing such applications nears completion; CFIUS is a secretive government panel which reviews acquisitions by foreign entities for potential national security risks. Source
Its goals are twofold: to be a financial intermediary between buyers and sellers on the Provenance blockchain and to use the technology to bring speed and efficiency to loans and other products.
Lendio’s Top 10 States for Small Business Square Funded $339M to SMBs in Q1 Neon Raises $22M in Series A...
With the nation’s small businesses struggling like never before fintech lenders have literally come to the rescue to help with...
Brightwell, an international payments firm survived the shutdown of its biggest client and a brute force attack that drained $3 million.
Mambu has launched a digital marketplace to offer cloud based apps, products and tools for banking; the company will allow for integrations to be done locally or globally; Ben Goldin, Mambu’s head of product and technology, tells Banking Technology, “the marketplace provides an opportunity to present their offerings to institutions and influencers with the Mambu engine powering a composable architecture”; current partners include Onfido, Form3, nCino, Avoka and Experian. Source.
The Startupbootcamp FinTech London and PwC have released a new report which finds more companies are investing in artificial intelligence; the report's findings are based on program applicants; findings show that artificial intelligence is significantly impacting customer service solutions; report also provides insight on top trends in fintech including an increasing number of companies focused on B2B and SME solutions. Source
Manuel Alvarez was previously general counsel and chief compliance officer at Affirm; today he was sworn in as commissioner of...