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Fintech
·Jul. 16, 2020

Alipay Has More than 1 Billion Annual Active Users

A new filing from Alibaba, who owns 33 percent of Ant Financial, reveals that Alipay claims to have 1.3 billion...
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EuropeFintech
·Jul. 15, 2020

Wirecard Shows Robust Risk Management is Key to Success in Fintech

The warning signs were very apparent for Wirecard, not only did the Financial Times do numerous articles on the fintech...
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EuropeFintech
·Jul. 10, 2020

Financial Conduct Authority Issues New Guidance on Payments

The UK’s Financial Conduct Authority has issued new guidance to payment providers and e-money companies on safeguarding customers’ funds; the...
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Asia/PacFintech
·Jul. 8, 2020

Airwallex is Trying to Overhaul the Traditional Payments System

As most companies were trying to figure out how to handle the economic downturn Airwallex was able to raise $160mn;...
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FintechUSA
·Jul. 7, 2020

Square Continues to Rise During Pandemic

Square has been one of the best performing fintech companies during the pandemic and their stock has risen to record...
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EuropeFintech
·Jul. 15, 2020

McKinsey Warned Wirecard to Take Immediate Action on Controls

McKinsey warned Wirecard to take immediate action on controls in their largest business more than a year ago; the consultancy...
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FintechUSA
·Jul. 10, 2020

Marqeta is Preparing to Go Public

Payments startup Marqeta is looking to hire investment banks to advise the company on a potential IPO; the company has...
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EuropeFintech
·Jul. 9, 2020

A Better UK Regulatory Regime Could Have Avoided Fallout From Wirecard Scandal

Last month as Wirecard was unraveling the UK’s Financial Conduct Authority temporarily suspended Wirecard Card Solutions (WCS) from operating; this...
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EuropeFintech
·Jul. 7, 2020

EU Fintech Companies Expect Wirecard Regulatory Backlash

European fintech companies and politicians expect there will be a push for increased regulation of fintech companies in response to...
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Asia/PacEuropeFintechUSA
·Jul. 7, 2020

More News for July 7, 2020

The Eight Virtual Banks of Hong Kong The State of Securitizations in Alternative Lending Lydia expands credit offering in partnership...
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