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News Roundup

This page contains an archive of the Global Newsletter summaries and the weekly fintech news roundups.


Every day the Fintech Nexus news team scours the globe for the most important stories of the day to include in our daily newsletter.


Then every Saturday we bring you our weekly news roundup of the top 10 fintech stories of the week with commentary from Peter Renton.


To join our newsletter community please subscribe here.

EuropeFintechNews Roundup
·Oct. 31, 2017

ING Debuts New Branch Idea

The new client house branch will allow retail, business and private banking customers to enjoy coffee and receive personal service; “A client house to me should feel like home,” comments Erik Van Den Eynden, CEO of ING Belgium, to Banking Technology; the branch has all the banks’ typical functions and meeting rooms complete with screens for video conferencing; the company will attempt to open about 15 by end of 2020. Source.

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EuropeFintechNews Roundup
·Jan. 10, 2018

Marqeta Expanding to the UK

Marqeta has hired its first employee in London as it aims for a 2018 European launch; the firm provides payment card technology and works with other fintech firms such as Square and Kabbage; they have raised a total of $76 million, which includes a recent $25 million investment which was led by Visa; CEO Jason Gardner stated in a Business Insider interview, “The use-cases we see here in the US and Canada are very similar to the use-cases we see in Europe. Since our inception [we] have always seen ourselves as a global issuer-processor and Europe is obviously an enormous market.” Source

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FintechNews RoundupUSA
·Aug. 1, 2017

Building APIs on Traditional Banking Technology

APIs combined with banking has become an important topic for banks and fintech companies; we are seeing increasing interest in APIs as every bank has to have an API or open banking strategy; since APIs often need to be built on legacy infrastructure there are often many challenges involved; the panel has a wide variety of perspectives from API service providers to banks who share how to build APIs on traditional banking technology. Source

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EuropeFintechNews Roundup
·Mar. 13, 2020

Santander to Acquire Majority Stake in Spain’s Mercury TFS

Santander will acquire a controlling interest of 50.1% in Spanish trade finance...
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EuropeFintechNews Roundup
·Sep. 15, 2017

Raisin to Offer Term Deposits for SMEs

Raisin is looking to expand on their deposit marketplace by offering a term deposit product to European SMEs; this will allow SMEs to earn money on their cash instead of dealing with negative interest rates that have been prevalent across Europe; currently Raisin has enlisted Banco BNI Europa from Portugal, Younited Credit from France and Greenhill Bank from Germany in the product. Source.

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News RoundupOnline LendingUSA
·Aug. 14, 2017

Former SoFi Employee Files Lawsuit

A former SoFi employee has filed a California lawsuit; he is arguing that he was fired for reporting sexual harassment and has included in his court filing, allegations of impropriety in the handling of loans; source also reports that a broader class action lawsuit is being prepared on behalf of a group of mistreated employees. Source

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EuropeFintechNews Roundup
·Mar. 17, 2017

Starling Bank Opens to New Users

UK digital bank Starling Bank is now available to a broader set of users; still in a beta testing phase, the firm is now adding additional clients beyond just friends, family and product testers; as enhancements to the platform it recently announced its public API, which will allow for a product marketplace, and it has also partnered with TransferWise; Starling Bank will be offering its users full current account functionality with a contactless MasterCard debit card also including international payment services.  Source

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News Roundup
·Jul. 21, 2021

Top Fintech News Stories for July 21, 2021

Here are the most read news stories from our daily newsletter today:...
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Asia/PacFintechNews Roundup
·Aug. 28, 2017

CB Insights: How Chinese Tech Giants Are Plowing into Southeast Asia

CB Insights outlines five tech giants' notable investments, partnerships and M&A moves in the Southeast Asia region; the five tech giants included in the article are Alibaba, Ant Financial, Tencent, Didi Chuxing and JD.com; the article highlights Ant Financial's investments in Singapore, Thailand, Philippines and Malaysia, as well as its strategic partnerships throughout Southeast Asia. Source

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FintechNews Roundup
·Jan. 29, 2019

Ant Financial’s Yu’E Bao Fund Hits 2 Year Low

Ant Financial’s Yu’E Bao fund has shrunk to its lowest size in over...
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