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French anti-trust watchdog shines a light on fintech

France's competition authority has launched a public consultation into the fintech sector, with a focus on payment services.

Matchmaking platform bids to connect fintech startups with commercial partners

A former Visa executive is launching an AI-based platform designed to help fintech startups build commercial partnerships with retailers, financial institutions and investors

WeChat Invests $70 Billion in Fintech, Including Blockchain and AI

Chinese tech giant Tencent Holdings will allocate nearly $70 billion (500B yuan) over the next five years in fintech development, including blockchain, cloud computing, and artificial intelligence (AI).

Singapore fintech firm secures $17M to build out platform

GoBear has secured $17 million in funds that it says will drive its efforts to become a "full-fledged financial services platform". It plans to focus on three growth areas, namely, online financial supermarket, digital insurance brokerage, and digital lending.

Reuters Events, Lazard Asset Management, Nuveen Real Estate, and The Climate Service in Free Webinar: ESG Data Clarity - Practical Guidance to Maximize ESG Data Value

Reuters Events hosts leading ESG data experts in a free webinar discussion to provide industry guidance on ESG data best practice. This panel draws from ESG data expertise spanning four decades to provide solutions for the day-to-day data challenges experienced by industry peer

Bankart Selects IXOPAY

Last year Bankart put out a request for proposal (RFP) for a new Payments Orchestration Platform provider. IXOPAY is delighted to announce that after a long and competitive tender process it has been confirmed as Bankart’s new provider. Key criteria in Bankart’s decision were IXOPAY’s extensive feature set, maturity, and flexibility.

Aspiration, the LA-based fintech focused on conscious consumerism, raises $135 million

When former Bill Clinton speechwriter and political wunderkind Andrei Cherny launched Aspiration four years ago, the upstart fintech startup was one of Los Angeles’ early entrants into a financial services market dominated by players from Europe and the financial capital of the U.S., New York City.

UBS to Create Fintech-Specific Venture Fund

UBS Group, a Swiss investment banking giant, is creating a venture capital fund with a corpus of hundreds of millions of dollars of its own fund.

Brazilian retail giant acquires Boston fintech startup AirFox

Via Varejo, the largest retailer in Brazil, is set to acquire Boston-based fintech startup AirFox for an undisclosed sum.

Indian Fintech Zaggle Teams Up With Visa to Develop Payments Solutions for Local Startups and SMEs

Indian Fintech firm Zaggle has teamed up with Visa in order to support various payments solutions for SMEs.

Webinar : How to manage and motivate your team through times of uncertainty?

Digital Source and Payments & Cards Network would like to invite you to our upcoming webinar on Leading remotely: How to manage and motivate your team through times of uncertainty?

Report: Fintech Adoption to Rise Despite 20% Investment Slide During Covid-19 Crisis

Business intelligence company Adkit Ltd. is expecting the downturn in investments in fintech companies to continue in the coming months, although not to the devestating extent seen over the past few months.

India’s Khatabook raises $60 million to help merchants digitize bookkeeping and accept payments online

Khatabook, a startup that is helping small businesses in India record financial transactions digitally and accept payments online with an app, has raised $60 million in a new financing round as it looks to gain more ground in the world’s second most populous nation.

IXOPAY Adds Trustly to its Network

The payment orchestration platform IXOPAY is now connected to Trustly, the global leader in online banking payments. From now on, eMerchants connected to the IXOPAY software platform will have the opportunity to offer Trustly.

Monzo Faces Near 40% Valuation Drop In Latest Fundraising

British digital bank Monzo is raising a new round of cash from investors at an almost 40 per cent discount to its previous fundraising, highlighting the pressure the coronavirus crisis is putting on private tech company valuations.

FinTech to emerge stronger in post-coronavirus period, says Dubai Future Foundation

The financial technology industry will emerge stronger from the post-coronavirus period as more people turn to digital payments as they work remotely and practice social distancing, according to the Dubai Future Foundation.

Innovative tech, AI and machine learning is changing the game

As our lives become hyper-connected and customer expectations increase, the imperative on insurance carriers to deliver automated services with a 360° customer view is increasing.

Sopra Banking Software delivers its latest Core Banking Platform and cloud-native components in partnership with Centric

Sopra Banking Software (SBS), a global leader in digital banking and financing software, announced that the latest version of Sopra Banking Platform is now live in the Netherlands. This next-generation core banking software, providing a broad range of retail banking capabilities including PSD-2 and instant payments, was implemented in close cooperation with Centric, SBS’s long-standing partner in payment transactions for financial institutions

Swedish fintech company Anyfin scores $30 million Series B to expand across northern Europ

Anyfin, a Stockholm-based digital lender that allows consumers to refinance their loans, has raised a $30 million Series B led by EQT Ventures, with support from previous investors such as Accel, Northzone and Global Founders Capital. Currently operating in Sweden and Finland, the fintech startup will use the funding to expand into new European markets.

Singapore offers more grants to help fintech firms ride out pandemic

Singapore is giving fintech companies more funds to help them ride through the COVID-19 pandemic and ensure they can continue to innovate alongside financial institutions. A new SG$6 million ($3.44 million) grant can be tapped to cover their day-to-day expenses as well as fund proof of concepts.