In a recent speech, Bank of Israel Deputy Governor Andrew Abir expressed his support for the competition between commercial banks and the forthcoming Central Bank Digital Currency (CBDC) known...
The International Monetary Fund released the results of its fourteenth annual Financial Access Survey (FAS) , [1] highlighting the resilience of financial access during the tumultuous COVID-19 pandemic years....
London-based FinTech HyperJar has announced a $24 million Series A raise, which was led by Susquehanna Private Equity Investments, LLLP, and also included the Healthcare of Ontario Pension Plan...
While the Reserve Bank of India considers cryptocurrencies “speculative”, the regulator is willing to have an “informed debate” on digital tokens, according to Deputy Governor T Rabi Sankar. “If...
The Finance Magnates London Summit ( FMLS:23 ) is the year’s most exclusive and premium event. This outstanding event is specialized particularly for the fintech, payments, digital assets, and...
Citigroup is reportedly reviewing its year-old partnership with Swiss digital asset custodian, Metaco. The bank has also been talking with other, similar companies, Bloomberg reported Friday (June 30), citing...
Daylight, an LGBTQ+ banking platform, is shutting down. Its operations will cease on June 30, according to embattled co-founder and CEO Rob Curtis. The announcement comes months after NY...
Europe’s banking industry has taken a major step forward with the launch of a groundbreaking new blockchain platform for digital bonds. The platform, called “so|bond,” is a joint project...
Fintech and cryptocurrency firms competing with banks but subject to fewer regulations are “getting away with murder,” said Eugene Ludwig, a former Comptroller under the Bill Clinton administration according...
Bank-fintech partnerships are a hot topic because of the friction in how the relationship between the two parties are structured. According to a new report from Cornerstone Advisors, titled...