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Luthunias To Become A Prominent Fintech Hub In 5 Years
Lithuania has announced its five-year plan to become a prominent fintech hub within the European Union.
BUSINESS
Luthunias To Become A Prominent Fintech Hub In 5 Years
Lithuania has announced its five-year plan to become a prominent fintech hub within the European Union.
Hello Digit fined $2.7M for wrongfully taking money from users
The Consumer Financial Protection Bureau (CFPB) has taken action against the personal saving app, Hello Digit for wrongfully charging users with overdrafts and overdraft...
PAYMENTS
SECURITY
European Central Bank lays foundation for crypto licensing
The European Central Bank (ECB) has released a new statement mentioning the criteria it will be taking when harmonizing the licensing requirements for crypto...
ANNOUNCEMENTS
Abu Dhabi to launch blockchain and virtual assets committee
Abu Dhabi is looking to form a government committee that can develop a strategy on how the nation can regulate crypto and other digital...
Google Wallet is now available worldwide
Tech giant Google is looking to reboot its mobile payments system by making Google Wallet available for users all around the world.
It was during...
Stripe expands infrastructure for global bank transfers
Irish-American payment processing platform, Stripe is looking to expand its infrastructure to provide bank transfer offerings to businesses in the UK, EU, and Mexico....
Belgian KBC Bank launches blockchain-based Kate Coin
Belgium-based KBC group becomes the first financial institution in Europe to launch its own digital coin. Dubbed Kate Coin, the e-money token comes a...
Westpac launches DataX to deliver insights for clients
Westpac has become the latest bank to offer data analysis as a main source of revenue. Dupped DataX, the new offering collates millions of...
TECHNOLOGY
UBS shuts down SmartWealth; sells tech to SigFig
Swiss private banking and wealth management giant UBS is shutting down its online investment advice service SmartWealth and plans to sell the tech to...
Bitcoins for lattes: Starbuck, Microsoft and ICE partners for a new payments platform
Starbucks, Microsoft, and Intercontinental Exchange are partnering up to launch a new cryptocurrency platform that enables consumers and institutions to buy, sell, store, and...
KBC’s latest 3-D Virtual Space; a gaming-like experience
Belgian bank KBC brings the next generation banking experience to its customers, by introducing their latest 3-D virtual space where the customers can move...
PSD2 is almost here. SEPA Bank Managers, are you ready?
The clock is ticking.
With only three months left for the second Payment Service Directive(PSD2) to come into effect, all the banks in the Single...
Barclays Bank invests in MarketInvoice to enhance client offering
Barclays is partnering with London-based fintech firm MarketInvoice, in order to accelerate growth by transforming the way SMEs manage cash flow.
Committed to a significant...
RETAIL BANKING
SBI teams up with Digital Assets for ‘smart yen’
Financial services group SBI Holdings (SBI) is making a strategic investment in Digital Assets to develop a programable currency for the Japanese market through...