News Roundup Archives | Page 640 of 715

In its annual Autumn Statement, the UK Treasury reported investment of 2.4 billion British pounds for research and development in financial innovation; 2 billion British pounds will be allocated to an innovation fund and 400 million British pounds will go to a venture capital investment fund managed by British Business Bank; in comments regarding the Autumn Statement, Chancellor of the Exchequer Phillip Hammond said the investment was to help the UK continue "leading the world in disruptive technology." Source

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Fintech News Roundup USA

·Aug. 4, 2017

Follow Up Friday: The Federal Reserve’s Payments Initiative

The Federal Reserve released a report on its initiative to provide real time payments by 2020; the report was created by a task force of over 300 industry contributors; the report, titled, "The U.S. Path to Faster Payments: A Call to Action" outlines payment processing proposals, the task force's vision and goals for the initiative; details on the payments initiative can also be found at FasterPaymentsTaskForce.org. Source

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Fintech News Roundup USA

·Jan. 23, 2019

Community Banks See Big Jump in Loan Growth

According to data from FIG Partners total loans at publicly traded banks...

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Europe Fintech News Roundup

·Mar. 14, 2017

Finance Innovation Lab Partners with Toynbee Hall for a New Fintech Incubator

The Finance Innovation Lab and Toynbee Hall will partner to create a fintech incubator; the incubator will focus on companies in financial health; the Financial Health Fellowship will be a six month endeavor helping companies to scale their businesses; more details about the program can be found here and the program is accepting applications through April 10. Source

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Fintech News Roundup USA

·Jan. 2, 2019