A new report by Oxford Economics and fintech startup Juvo says mobile network operators could help solve the financial identity...
Financial institutions are becoming more involved with fintechs as the new entrants show advantages in speed, agility and emerging innovation; CoinTelegraph reports on the industry integration, noting examples from Goldman Sachs, JPMorgan and HSBC; discusses the benefits for financial institutions from working with fintechs and the capital support needed by fintech startups which is making the two groups interdependent. Source
Crypto and blockchain startups have raised more than $850mn of VC funding in 13 deals, this puts the market on...
Wall Street financial messaging app Symphony has raised a fresh $165mn of capital valuing the company at $1.4bn; the new...
As more financial services firms beginning using Google, Amazon and Microsoft for cloud based services regulators are starting to take...
FinLab aims to help fintech startups that are helping American consumers; it is funded through a five-year grant from JPMorgan; in total 26 companies have worked or are working with Finlab; TechCrunch profiles how the innovation lab works which includes programs to help startups understand how the banking industry works and meetings in Washington with regulators. Source
A new report by the Financial Stability Board (FSB) says big tech firms could reach scale very quickly in financial...
Finastra, R3 and seven global banks are teaming up to build a blockchain based marketplace for syndicated loans; banks include BNP Paribas, BNY Mellon, HSBC, ING and State Street; Fusion LenderComm, which uses R3's Corda platform, will be able to handle real-time credit agreements, accrual balances, position information and transaction data. Source.
Payments technology startup Finix has raised a $35mn series B round led by Sequoia Capital; businesses are able to buy...
The lead regulator for broker dealers has launched an Office of Innovation to focus on the growing importance of fintech;...