UK fintech market investment declines by 37%
Despite a brutal slowdown, the UK market for fintech investment has retained second place globally behind the US, according to the annual marekt barometer from Innovate Finance.
Despite a brutal slowdown, the UK market for fintech investment has retained second place globally behind the US, according to the annual marekt barometer from Innovate Finance.
Boerse Stuttgart says it has tested the settlement of exchange transactions with blockchain-based securities against central bank money – finding that using the technology can reduce settlement times from days to minutes.
Keir Starmer’s Labour Party wins by majority in the UK general election that took place yesterday.
Societe Generale is burnishing its environmental credentials by joining with Altalurra Ventures in a €4.5 million round in impact analysis and ratings agency impak Ratings.
Estonian financial services outfit LHV Group has invested €1 million in Tuum, its core banking platform provider.
Hong Kong-based social trading startup 8 Securities has launched a mobile-only robo-adisory service targeting the millennial generation that constructs portfolios with exchange traded funds (ETFs) listed on the Tokyo Stock Exchange (TSE).
New York City-based fintech startup Sandbar has launched its anti-money laundering, fraud and counter-terrorism risk detection software off the back of a $4.8 million seed round.
Santander has begun rolling out its sustainable payment cards made with recycled material in Spain.
UK Money Saving Expert Martin Lewis tops the list of NatWest’s Celebrity Scam Super League, which ranks the the highest value cases in which a celebrity’s name or image has been used without their knowledge to lure consumers into making a fake investment.
High street banks in the UK have seen their profits drop in 2024 as customers opt for alternative lenders and online banks offering both higher savings rates and more digital services.
CaixaBank Payments & Consumer, a specialist consumer financing and payment methods subsidiary, tackles card payments in the Iberian market, with a fleet of more than 34 million cards, more than 16 million customers and a share of 31% in invoicing purchases.
The Bank of Canada has called in local specialist evolutionQ for a research project involving quantum-safe cybersecurity technologies for greenfield digital currencies.
The European Central Bank has opened applications for vendors to provide components and related services for a potential digital euro in contracts that could total more than EUR1 billion.
MasterCard is inviting innovative startups from across Europe to apply for the second edition of its Start Path Europe accelerator.
Binance Kazakhstan has been granted consent for a full regulatory licence from Astana Financial Services Authority (AFSA).