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Tag: Banking

German Fintech Vivid Money Secures €60M from Greenoaks, Ribbit Capital, Reaches €360M Valuation

Berlin-based Fintech Vivid Money, a mobile banking app provider, has secured €60 million in capital through a Series B round that was led...

Crypto as the New Inflation Hedge

According to many accounts, Bitcoin has supplanted Gold as the primary means to invest in a store of value as a defense against...

Bank of France Official Says CBDCs Might Challenge Role of Large Banks in Settlement of Transfers

Central bank digital currencies or CBDCs might offer new types of businesses improved access to cost-effective reserve bank funding while potentially reducing the...

French anti-trust watchdog says banks could be marginalised by Big Tech giants

France's competition watchdog has warned of the dangers posed by the encroachment of Big Tech firms into the payments sector. Following...

TechUK responds to the CMA’s consultation on Open Banking

The United Kingdom has reached an important stage for the development of Open Data initiatives, with the Open Banking Implementation Entity (OBIE)...

Engagement Banking: Orchestrating the Customer Experience

Register for our latest webinar with Backbase on Thursday 10 June 2021 at 15:00 BST as industry experts discuss Engagement Banking: Orchestrating...

Binance Coin Jumps 10%, BNB Price Up by More than 1,500% in Last 4 Months

Binance Coin, BNB, surged approximately 10% on Thursday as the third-largest cryptocurrency in the world managed to reclaim the market cap of $90 billion.

Connecting The Unconnected: Cardano To Bring Stable Internet Connectivity To Africa Via Partnership With World Mobile

Connecting The Unconnected: Cardano To Bring Stable Internet Connectivity To Africa Via Partnership With World Mobile
IOHK’s foray into developing countries, especially African nations, has been welcomed with delight as the blockchain company announced a partnership with global telecommunications company World Mobile. This cooperation was officially announced during the ongoing Cardano Africa Special and it’s in line with IOHK’s vision to “connect the unconnected”. At first, the two partners will direct […]

China ramps up a crackdown on crypto scams ahead of new anti-fraud rules.

According to the Reuters report, China has shut roughly 6,000 peer-to-peer (P2P) platforms in a purge of an industry that still owed victimized investors over $100 billion as of last August. According to China’s banking regulator, financial frauds are mutating in their complexity and widening, which last week called for tougher crackdowns. China shut over […]

Ethereum Hits $2,800 Making Gap to Bitcoin Tighter Than Ever

Ethereum’s stellar performance over the past couple of weeks has enabled it to close the gap to Bitcoin in terms of market share.

MYbank aims to bring inclusive financial services to 2,000 rural counties by 2025

MYbank, a leading online private commercial bank in China and an associate of Ant Group with a focus on serving rural areas...

Banking Competition Remedies published Pool E progress updates

The Board of Banking Competition Remedies Ltd (BCR) today publishes progress updates for Pool E recipients, providing a summary of performance against...

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