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  • Ripple boss puts case against BankCoin

    Brad Garlinghouse, President and COO at DLT startup Ripple, has hit out at an initiative by UBS, Deutsche Bank, Santander, BNY Mellon and broker ICA to create a digital currency called the Utility Settlement Coin. The aim is for this …
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  • Unified Payments Interface a reality in India

    India’s Unified Payments Interface (UPI) has gone live for customers, with 21 banks taking part. Run by the National Payments Corporation of India (NPCI), the real-time money transfer initiative had a soft launch in April and, for the last few …
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  • World Federation of Exchanges highlights DLT progress

    A significant number of Financial Market Infrastructures (FMI) are stepping up their work around distributed ledger technology, according to World Federation of Exchanges (WFE) research. The association represents more than 200 market infrastructure providers including exchanges and CCPs. 84% of …
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  • NCR unveils new digital consulting practices

    NCR has launched a new set of consulting services for the financial services, retail and hospitality industries, covering transaction processing for digital and payments enablement, advanced data analytics for digital enablement and integration services for omnichannel transformation. “Our next-generation digital practices …
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  • Invesdor Signicat partnership pays off

    Signicat has teamed with Finnish FinTech Invesdor to provide cross-border authentication solutions for the company’s pan-European debt and equity crowdfunding service. Equity crowdfunding legislation stipulates that investors are subjected to know your customer (KYC) verification, among other checks, including the …
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  • Goodbye Mondo, hello…Monzo

    UK digital-only challenger bank Mondo announced its new name this evening, during a gathering at its London HQ which was live streamed on YouTube. CEO, Tom Blomfield, talked about the new entrant’s journey so far, and how it came to …
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  • Monetary Authority of Singapore pushes FinTech innovation

    The Monetary Authority of Singapore (MAS) has opened a FinTech lab. Called Looking Glass @ MAS (inspired by the Lewis Carroll novel, Through the Looking-Glass, and What Alice Found There), this will test FinTech solutions with financial institutions, startups and …
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  • Innotribe Innovate Finance bring FinTech hubs together

    Innotribe, SWIFT’s innovation arm, and FinTech trade body Innovate Finance, have launched the Global FinTech Hubs Federation (GFHF), a cross border platform that brings together established and emerging FinTech hubs. To date, more than 20 countries (including Canada, China, Germany, …
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  • Global exchanges call for proper blockchain regulation

    The World Federation of Exchanges (WFE) has called for more clarity in blockchain regulation as ledger technology booms. The body has come out with a statement that blockchain is likely to have a big impact on settlement and clearing, but …
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  • Microcred Group renews 10-year software contract with Temenos

    Microcred Group has renewed its licensing agreement with Temenos and its software, MicroBanking Suite. The financial inclusion firm, which operates in Africa and China, has been a customer of Temenos for more than 10 years, but has signed a new …
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  • Kenya caps lending rates for retail banks

    A new law in Kenya has capped the lending rates of the country’s banks. Signed by the President Uhuru Kenyatta, the new bill places a limit on the amount of interest that banks can charge for loans. Kenya eliminated interest …
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  • And Mondo’s new name is…

    UK digital-only challenger bank Mondo will announce its new name this evening. A live stream will be on YouTube from 7pm GMT. CEO, Tom Blomfield, will talk about the new entrant’s journey so far, and how it came to pick …
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  • PayPal launches PayPal.Me in India

    PayPal has launched its peer-to-peer payments service PayPal.Me in India to support small merchants, businesses and freelancers. Users will be able to set up their own personalised profiles, and will receive international and cross-border payments by linking their new profile to …
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