FCA director reveals the challenges of open finance
Open finance is the next step of open banking, which has already provided transparency and more opportunities in the finance sector. However, it also comes with risks.
German regulators may force Apple to open up its tech to rival payment providers
Apple is not happy. The Cupertino-based tech titan may soon find itself being forced to allow rival payment providers to get access to its technology after German’s parliament voted in favour of new regulations.
Juvo to help the unbanked through new partnership with DOCOMO
Juvo will combine its financial identity and credit lending capabilities with DOCOMO Digital’s payment platform as part of new partnership.
Taking the fight: What do RegTech companies think about the EU potentially setting up...
European finance ministers are expected to urge the European Commission to set up a new anti-money laundering authority. Whilst optimistic, RegTech stakeholders expect challenges to come.
Germany’s banks lash out against Libra whilst pushing for a digital euro
Could a digital euro be a better alternative to Libra? A leading group of German banks thinks so.
Cryptocurrency fraudsters slammed with $4.25m fine
The owners of binary options company Blue Bit Banc are facing big fines for a scheme that involved the cryptocurrency ATM Coin.
The EBA urges the European Commission to do more to enable FinTech services to...
European FinTech is thriving. However, The European Banking Authority (EBA) believes the European Commission should do more to make it flourish across the EU.
Bittrex New York customers will get more time to withdraw their funds
The New York Department of Financial Services has given cryptocurreny exchange Bittrex's customers more time to empty their accounts.
Why are lawmakers worried about the Facebook-backed cryptocurrency Libra?
Mark Zuckerberg endured a serious grilling this week as lawmakers around the world continue to express their concerns about Libra.
IBM Polska and Tieto to duke it out to be picked to create Bank...
The Bank of Lithuania plans to create a blockchain-based platform named LBChain. Now it is pitting two companies against each other for the privilege to help the central bank with its endeavour.
