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Fintech

FintechNews RoundupUSA
·May. 10, 2019

House Committee Creates New Fintech and AI Task Forces

This week the chairwoman of the House Financial Services Committee, Maxine Waters, announced the creation of a Task Force on...
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FintechNews Roundup
·May. 10, 2019

AI in Banking Needs Explainability to Reach its Potential

In an American Banker op-ed the author acknowledges the amazing potential of AI; it has been said that it could...
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FintechNews RoundupUSA
·May. 10, 2019

Figure Closes a $1 Billion Line of Credit on Blockchain

Figure has announced the commitment of a $1 billion uncommitted asset based financing facility on their Provenance blockchain; the funding...
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FintechNews Roundup
·May. 10, 2019

Big Banks Spending Billions on Technology

Santander announced recently that it will spend €20 billion ($22 billion) on digital transformation through 2022; JPMorgan Chase has said...
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EuropeFintechNews Roundup
·May. 10, 2019

Tink Partners With NatWest On Mobile Banking

Fresh off their €56 million funding round in February Swedish fintech platform, Tink, is partnering with British bank NatWest; the...
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FintechNews RoundupUSA
·May. 10, 2019

PayPal Can Save $25mn a Year by Automating Customer Service

PayPal’s CFO John Rainey said 11 percent of the company’s 60 million customer inquires could be automated; the types of...
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Asia/PacFintechNews Roundup
·May. 10, 2019

Hong Kong Approves 4 Significant Digital Banking Licenses

Hong Kong has approved 4 more digital banking licenses for Tencent, Alibaba, Xiaomi and Ping An; the approvals are sure...
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EuropeFintechNews Roundup
·May. 10, 2019

Raisin Adds $113mn with Backing of Orange Digital Ventures

Fintech Raisin has raised an additional $113mn in a series D round from Orange Digital Ventures and existing investors including...
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FintechNews Roundup
·May. 13, 2019

Announcements & Releases for May 13, 2019

Silicon Valley-Backed Venture Cleared to Become 14th U.S. Stock Exchange WTF is banksplaining? Crypto hedge funds live to fight another...
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FintechNews Roundup
·May. 13, 2019

Lend Academy Podcast: Charlie Delingpole of ComplyAdvantage

A travesty of today’s financial system is how easy it is to launder money. Despite billions of dollars in expense...
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