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Fintech

·Apr. 11, 2017

Innovate Finance and the FCA Publish Report on UK Fintech Sandbox

Innovate Finance and the Financial Conduct Authority have published a preview report on the UK Fintech Sandbox with a full report planned for May 2017; the preview report provides insight on the benefits of fintech sandboxes and how they can promote innovation while also helping to facilitate regulation. Source

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Fintech News Roundup

·Aug. 29, 2017

PitchBook Releases 3Q17 Fintech Analysis

Reports on improvements at Lending Club and activity at SoFi; provides commentary on 3Q17 activity; identifies QED Investors as the top fintech investor with 21 deals since 2010; shows 84 online lending deals in 2017 with $2.498 billion invested. Source

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Payments

·Mar. 13, 2023

A2A payments expected to grow in 2023 in Latin America

Account to Account payments, or A2A, are gradually making inroads in Latin America. Credit cards dominate the market, but that could change.

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Fintech

·Aug. 11, 2022

Figure’s Banking in a Box platform to introduce issuing processing services via Visa

Figure Technologies, Inc., a leader in transforming financial services through the power of blockchain technology, announced a new collaboration with Visa to provide issuing processor services via Figure's blockchain-based Banking in a Box platform.

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Fintech News Roundup

·Aug. 14, 2017

Bitcoin Reaches New Highs

Bitcoin's price has been gaining in recent days; CNBC reports on its new high of $3,586.23 on Friday; over the weekend it continued to gain, surpassing $4,000; with the new highs the cryptocurrency’s value has gained over 24% in the past week and tripled in value for the year; its split into bitcoin and bitcoin cash has been a lead catalyst for its recent price gains; an additional upgrade called “segregated witness” is also being supported. Source

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Fintech

·May. 20, 2022

Why payment localisation is a must when selling to Latin America – ThePaypers

Peter Elfgren, Head of Account Management at BoaCompra by PagSeguro, highlights the main aspects merchants must consider when localising the payments experience for Latin American consumers. <br /

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Europe Fintech News Roundup

·Jan. 8, 2020

Singapore Looks to Jumpstart Digital Banking Market with Licenses

The Monetary Authority of Singapore announced they will issue five digital banking licenses in June and the winning bids will...

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Fintech

·May. 30, 2022

Mobile money: is Europe lagging? Is America ahead? Is China the leader?

There are lies, darned lies and statistics. This came to my mind when I saw a headline that 70% of the $1 trillion transacted by mobile telephones globally were taking place in Africa, according to the GSMA (Global System for Mobile Communications Association).

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Fintech News Roundup Online Lending USA

·Mar. 30, 2017

PeerStreet Partners with Wealthfront

Online real estate lending platform PeerStreet has partnered with Wealthfront; PeerStreet will integrate with Wealthfront's Path offering; the integration has been facilitated by Quovo and will allow PeerStreet customers to view their PeerStreet investments holistically within their entire Wealthfront investment portfolio. Source

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Fintech News Roundup

·Nov. 7, 2017

Chinese Auto Fintech Lender Files Hong Kong IPO

Yixin Group Ltd., a Chinese online car lender, filed for a Hong Kong IPO looking to raise $900mn; the deal could value the fintech company at $6.5bn if shares price on the higher end; Yixin Group Ltd. is a unit of NY listed Bitauto and is backed by Baidu Inc., Tencent Holdings Ltd. and JD.com Inc. Source.

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