This is what the FCA wants firms to consider when closing ATMs
The Financial Conduct Authority (FCA) has finalised its expectation for firms when they consider closing branches or ATMs, or converting a free-to-use ATM to pay-to-use.
Hungarian startup PeasyPay vying Spanish and British expansion
PeasyPay, a bieometric-based payment company, is looking to expand its reach from its native Hungry to Spain, Slovenia and the UK.
Zwipe secures $10.63m in post-IPO raise
Biometric-enabled payment company Zwipe has raised NOK96m ($10.63m) in a post-IPO round to fuel the further development of its service well into 2021.
23 FinTech rounds raised in the last week
Last week proved a huge win for challenger banks and the Latin American FinTech sector. Check out these funding rounds to find out why.
Wirecard’s CEO leaves company after search for missing €1.9bn hits a dead end
The Wirecard scandal sweeping across the European FinTech space intensified over the weekend with CEO Markus Braun leaving the company as the board says the missing €1.9bn ($2.1bn) "do not exist."
The coronavirus represents a “return to chaos” that could benefit FinTech and RegTech companies
From: FinTech Global
COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech and RegTech companies as...
How the coronavirus led to a the UK upping the contactless payment limit to...
Britain is increasing the spending cap for contactless payments from £30 to £45 from April 1 to help people cope with the coronavirus outbreak. However, the move may increase the risk of fraud.
18 FinTech and RegTech startups investment rounds you missed last week
From: FinTech Global
Despite coronavirus fears, the last week saw a number of FinTech companies raise money.
From TierPoint's massive $320m round to Pruvo's $1.1m,...
Monzo founder says the “positive effect of open banking on innovation has been nil”
When open banking was first introduced, it was suggested that it would enable both big banks and smaller firms to innovate. However, the founder of Monzo believes there has been zero positive effects of open banking so far.
Eight FinTech and RegTech companies you missed at Sthml Fintech Week
The Nordics’ FinTech scene is buzzing with potential, which was evident by the trailblazing companies recently attending Sthlm Fintech Week.
The Stockholm event was full...
