Most European executives optimistic about open banking
European financial institutions are in general optimistic about open banking, but a risk of internal alignment could be holding them back, new data from Tink reveals.
Digital payments are becoming more popular ECB research shows
Cash may still be king, but new research from the European Central Bank shows digital payments are becoming more popular.
Libra changes name to Diem as it is gearing up for launch
The Libra Association has changed its name to the Diem Association to reinforce "its organisational independence" as the cryptocurrency could launch as early as January.
Nordigen launches free API to solve the European “hot mess” of open banking
Credit scoring startup Nordigen has launched a new open banking API to solve the issue of expensive solutions in the market, taking a swing at companies like Tink and Plaid in the process.
Virgin Money integrates with Twenty7tec
Virgin Money is launching an API integration with technology experts Twenty7tec to streamline the search and application process for intermediaries by removing the need to re-key data in multiple places.
More FinTechs allowed to tap into Singapore’s banking system from February
Singapore's central bank has announced that eligible non-bank financial institutions (NFIs) will have direct access to the banking system’s retail payments infrastructure from February 2021.
Cybersecurity, InsurTech and neobank ventures led the 29 FinTech rounds raised last week
Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.
TransferWise granted licence to operate in Australia
International transfer company TransferWise has secured a licence to operate in Australia from the Prudential Regulatory Authority.
Libra could launch as early as January
The Facebook-led Libra Association is reportedly gearing up to launch its cryptocurrency at the start of 2021.
Coinbase responds to racism and discrimination allegations
Coinbase has been accused of having created a culture fraught with bullying, racism and discrimination against black people in a new exposé from the New York Times.
