Latin America’s Fast-Evolving Fintech Regulatory Landscape
Latin America (Latam)’s fintech industry is booming, fueled by the region’s large population of unbanked, rising demand for online banking tools and a surge in venture capital (VC) investment into the region. In 2016, Latam financial services companies secured just
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European Funding Trends: Soaring Wealthtech and Insurtech Funding
In Q2 2021, European fintech companies raised a record of US$7.2 billion in venture capital (VC) funding, a 30% quarter on quarter (QoQ) surge driven by insurtech and wealthtech companies, according to new data from CB Insights. Among all fintech
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Lykke Business Appoints Dom Braun as New CEO
Lykke Business, a Swiss fintech company that runs the crypto exchange Lykke Wallet for retail and professional traders, announced that it has appointed Dom Braun as its new CEO. Dom is an experienced business and technology leader who will succeed
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BIS Joins Forces With Seven Central Banks to Explore Practicality of Retail CDBCs
A group formed by seven central banks and the Bank for International Settlements (BIS) has now turned to practical policy and implementation issues for retail Central Bank Digital Currencies (CBDCs), building on an initial report published in 2020. The central
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Visa Teases Plans for an Interoperable Hub for Crypto Payments
Visa announced that it is currently developing the “Universal Payment Channel” (UPC), a hub that connects multiple blockchain networks and allowing for secure transfer of digital currencies. The payments giant calls it a a “universal adapter” among blockchains, allowing central
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London’s SME Lender Wiserfunding Bags £3 Million From BGF
Wiserfunding, a London-based provider of credit risk assessment for SME lenders, announced it has secured £3 million investment from growth capital investor BGF. The deal was led by James Austin and Rowan Bird at BGF. As part of the deal,
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85% of World’s Largest VCs Bet on Blockchain and Crypto
Out of the world’s 20 largest venture funds based on assets under management (AUM), 17 have invested in companies involved in blockchain technology or cryptocurrencies, implying that 85% of the world’s biggest investors have committed part of their funds to
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Payments Giant Mastercard Jumps on the BNPL Bandwagon
Mastercard announced that it is set to introduce a new Buy Now, Pay Later (BNPL) offering, Mastercard Installments for its customers in the United States, Australia and the UK. The programme gives consumers a flexible, ubiquitous way to pay online and
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SEBA Bank, Crypto Finance Licensed as Custodians of the First Swiss Crypto Fund
The Swiss Financial Market Supervisory Authority (FINMA) announced that it has approved the first crypto fund “Crypto Market Index Fund”. The fund is administered by investment management company PvB Pernet von Ballmoos (PvB), with custody by digital assets firm SEBA
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Backbase Entwickelt Kundenportal für Raiffeisen Bank
Im Rahmen der Strategie «Raiffeisen 2025» investiert Raiffeisen substanziell in den weiteren Ausbau ihrer digitalen Kanäle. Bis Ende 2025 soll ein Kundenerlebnis-Portal entstehen, in dem alle digitalen Dienstleistungen von Raiffeisen im Sinne eines Self-Service gebündelt werden. Für die technische Entwicklung
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