Facebook eyes payments market with new Swiss fintech
Social network has registered the company in Geneva.
Cryptocurrency
Video: fintech news weekly round-up – 13 May 2019
This week, blockchain and crypto by big names like Facebook and Microsoft, among other news!
New Medici Bank to harness technology to “reawaken” innovative spirit
A descendant of the Medici family sees future in Puerto Rico.
Estonia ups requirements for virtual currency licences
In an attempt to avoid money laundering and terrorism financing.
Crypto exchange Binance falls victim of $41m hack
It has since stopped trading to keep the market under control.
Refundo to return tax refunds in Bitcoin
Thanks to a recent partnership with BitPay.
Digital Assets Data to enhance crypto data insights with $6m funding
The firm targets crypto hedge funds, family offices, asset management research firms
GFIN selects eight firms for cross-border testing pilot
Next step is to develop suitable testing plans.
Sberbank Croatia turns to Token for open banking move
Token is seeing an increased interest for PSD2 solutions in the region.
Unite Global now licensed to issue WOCU currency for banking
EXCLUSIVE. The WOCU currency aims to challenge the dollar-mandated status quo in trading.
Societe Generale issues €100m of bonds for housing financing
These security tokens offer a range of advantages, says the bank.
Could blockchain solve Brexit?
The blockchain industry does not seem to be not stymied by the Brexit debate.
New cryptocurrency exchange eToroX unveiled
The exchange supports six cryptocurrencies and eight fiat stablecoins.
Chainalysis targets APAC expansion with $36m Series B funding
Strategic investment from MUFG and Sozo Ventures.
Coinbase launches crypto Visa debit card in the UK
A European version will follow later this year.
A five-year crypto plan: here’s what we can expect
Fintechs must stop squabbling with the regulators for real progress to be made.
2gether’s prepaid crypto Visa card launches across eurozone
Follows successful beta launch in Spain.
Human Plus releases crypto payment ecosystem HupayX
Standing up to big players like Mastercard and Visa.
Open beta programme launches for Sila’s API platform
Aims to bridge gap between traditional banking systems and blockchain.
PayTech Awards entry deadline extended!
Enter the PayTech Awards by Friday, 12 April.
The blockchain hype is over, but disruption is just beginning
Blockchain disruption will not happen frontally, but initially through fringe usages that bypass incumbents.
eToro buys blockchain company Firmo
This is eToro’s first acquisition.
Wealth managers can adapt to digital assets and thrive
There are 2,000+ digital assets worth over $200bn, and a wide variety of digital investments on offer.
Video: fintech news weekly round-up – 25 March 2019
FIS acquires Worldpay, PSD2, Tandem, and other news!
2gether expands its prepaid crypto card into Europe
Consumers will be able to spend crypto as easily as euros.
Crypto app Donut gets sweet $1.8m seed funding
Bringing “convenience, trust and accessibility” to managing and transacting in crypto assets.
IBM debuts blockchain network for cross-border payments
Blockchain World Wire can transfer funds in 47 currencies to locations in 72 countries.
Former MtGox boss gets suspended jail on account of data falsification
However, he was cleared of all other charges, including embezzlement.
Thailand prepares portal for regulated ICOs
The country prepares new funding routes but keeps alert to fraudulent activities.
Top fintech stories this week – 15 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Cosmos Network brings order to “internet of blockchains”
Interchain Foundation offers decentralised network of interoperable blockchains.
Cosimo Ventures invests in blockchain and digital assets firms
VC firm makes three investments in Gecko Governance, Lingar and Oneiro.
Kakao’s crypto business raises $90m funding
Ground X plans to raise a similar sum this week.
Bcause picks Nasdaq for market surveillance cause
It will go live in H1 2019 with launch of its new spot cryptocurrency market.
San Juan Mercantile Exchange partners up for digital assets solution launch
CQG, Elysium and Mercury Digital Assets will power exchange and banking tech.
Xena unleashes crypto-settled derivative contract for GRAM token
“This is a significant step for the entire crypto market.”
OneCoin boss arrested for crypto fraud
The firm and its leaders are accused of creating a pyramid scheme.
Swiss crypto outfit Amun amasses $4m funding
“We are bullish on crypto in the long-term.”
Salt Edge teams up with UK-based PFM app Emma
Integration will enable Emma users to connect their accounts from banks throughout the UK.
UK crypto consumers completely clueless
FCA reveals findings from first cryptoassets research.
