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New FinTech Bay launches in Jordan

FinTech Consortium, an incubator and ecosystem builder, has launched the Jordan FinTech Bay to support growth in the country.

European Commission explores deeper protectionist antitrust rules

The European Commission is exploring deeper protectionist antitrust rules and to encourage businesses to share data, according to a report from Reuters.

Bankify forms an open banking partnership with Nets

Bankify a digital banking platform for millennials, has formed a strategic partnership with payments service provider Nets.

New York prohibits establishments declining cash payments

The New York City Council has prohibited food and retail establishments from refusing to accept payments in cash.

Group of central banks investigating whether the time is right to launch digital currencies...

With everyone from Facebook to singer Akon launching cryptocurrencies, it is hardly surprising that central banks are also looking into leveraging the technology.

Neocova bags $9.5m in Series A to support digitalization of community banks

Neocova, a startup building software for financial institutions, has bagged $9.5m in its Series A to further help digitalise community banks in the US.

BNP Paribas boosts partnership with Tink to reach Italian customers

BNP Paribas has extended its partnership with open banking platform Tink to supply its customers with more personal finance tools.

Banks refuse to reimburse fraud if consumer ignores a warning message

Banks are refusing to cover losses in fraud cases if they can prove they show fraud warnings at the point of purchase, according to a study from Which? Money.

InsurTech startup Coalition to acquire cybersecurity solution

Coalition, a cyber insurance provider for small and midsize businesses, has acquired cybersecurity company BinaryEdge.

EMC Insurance to improve fraud detection with FRISS

US property and casualty insurer EMC Insurance Companies has chosen FRISS to help it detect insurance fraud.
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