Digital broker Stake releases UK beta app ahead of February launch
The app plans to expand across Europe “in the coming months”.
The app plans to expand across Europe “in the coming months”.
London-based firm gives users green light to sent money to Alipay wallets.
A private Facebook group, “Monzo stole our money”, has grown to 1,080 members.
M-Pesa is the telco’s digital payment service.
Roughly a seventh of the 32.54 million employed in the UK are gig economy workers.
The Treasury Committee singles out the cloud as a “source of systemic risk”.
The bank sees a major reshuffle under new chief Alison Rose.
Fresh funding brings total investment in Trussle to £26.5m.
Central banks in Canada, the UK, Japan, Switzerland, and Sweden are teaming up.
Vive aims to fully launch in the second quarter of 2020.
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The challenger says the UK’s Muslim community has been “financially isolated”.
The UK financial watchdog has been severely criticised for its lack of oversight of several funds.
EY estimates that around 7,000 positions would be relocated from London to Europe.
The number doubled in the last six months.
$380.5m is for breach compensation, and $1 bn for information security overhaul.
FinTech Future’s weekly news round-up.
The FCA and Bank of England tell industry the time to act is now.
The valuation is nearly three times its last estimated valuation of $1.7 billion.
The partnership is part of the bank’s £3 billion commitment to technology investments.
It will facilitate cross-border payments & enable them to launch in 14 new markets over Q1.
Barclays, Natwest and Starling all took part.
EXCLUSIVE: The lendtech is rolling out its open banking offering.
EXCLUSIVE: Co-founder Sergey Balasanyan tells FinTech Futures of his 2020 plans with the neobank.
37 of the 58 fines were handed out by American and British regulators.
The acquisition comes months after the appointment of new CEO John Hourican.
Michal Kissos Hertzog speaks to FinTech Futures.
The co-founder is quitting to focus on family business ‘Barnacre Alpacas’.
FinTech Future’s weekly news round-up.
FCA: Competition is not working well for 40 million British customers.
SMEs are on average chasing five outstanding invoices at any one time.
OpenWrks will connect Snoop to its customers’ current accounts and credit cards.
The bank will introduce a £5.99 monthly fee in March.
Saffron manages more than £1bn in assets and has 90,000 members.
The London and Bangkok-based start-up tallied 281 investors.
Starling CEO: “I didn’t do all of this to sell out to a big bank”
Paul Hanks has joined DayTek Capital as a technology advisor.
The bank is ready for Swift’s November 2020 payments confirmation deadline.
UK regulators outline plans to improve their data handling capabilities.
The August 2019 outage delayed trading by an hour and 40 minutes.