US-based payment network Ripple announced Wednesday, Oct 9, it has entered into a strategic partnership with the world’s third-largest financial firm, Finastra. According to reports, the team-up is geared to support fast, cross-border payments with end-to-end tracking.
In a news...
A number of Chinese ventures firms are tapping into Africa’s fintech as the industry shows potential growth in mobile finance services.
OPay, a Norway-based consumer internet firm Opera recently raised $120 million from Chinese investors, Transsion. The fresh funding comes...
The U.S. House Committee on Financial Services has recently passed resolutions to create the Task Force on Financial Technology.
The new task force aims to investigate the current legal framework for fintech, how the technology is used in lending and...
Investor Anthemis has partnered with Barclays to launch a startup studio Female Innovators Lab, a dedicated studio for female founders in the fintech space.
The studio will be a collaboration with both Anthemis and Barclays, helping customers get pre-seed investment...
ZenBusiness makes an effort in expanding fintech offerings by acquiring Austin-based startup Joust last Thursday, July 30.
The data management company announced the acquisition but terms of the deal were not disclosed to the public yet. ZenBusiness has been pushing...
Indonesia’s Investment Alert Task Force has just recently shut down at least 168 financial technology and peer-to-peer (P2P) companies, as well as 47 investment firms, reports The Jakarta Post. All of the suspended companies do not have registration papers...
Singapore Exchange is tapping on the investment research network with its newest local-based fintech company investment Smartkarma.
The move comes with SGX’s initiative to create growth opportunities for Smartkarma in terms of alternative data sourcing in investment research.
Together with Sequoia...
Following the Electronic Know Your Customer (e-KYC) guidelines announcement earlier this December, the Bank Negara Malaysia said the draft will take effect soon.
The e-KYC is a set of verification that banks need to implement in order to protect their...
In the move to expand operations outside the UK, TransferWise is offering the first multi-currency banking dubbed as TransferWise Debit Mastercard.
Using this new debit card, customers can shop and send money overseas as if they are locals. With very...
Digital bank Green Dot recently announced that it will be taking fintech veteran Dan Henry as its new president and chief executive officer, as well as a member of the board of directors. PYMTS reported that Henry will be...
