FintechDaily – Page 361 – Fresh Dose of Fintech News

Innovate Finance Urges Innovation in Reaction to HM Treasury

Innovate Finance has submitted a response to HM Treasury’s Call for Proposals on measuring success in relation to the financial regulators’ new secondary objectives, highlighting...

UK Sets Stage for Open Finance Era with Completion of Open Banking Roadmap

The UK's Competition and Markets Authority (CMA) has confirmed the successful completion of the final Roadmap for Open Banking, paving the way for the future...

FCA to Adopt ‘Balanced’ Strategy for Access to Cash Regulations

Through the Financial Services & Markets Act 2023 (FSMA), the UK Parliament has empowered the FCA to ensure the reasonable provision of cash deposit and...

India’s Central Bank Set to Launch Credit Technology Platform

The Reserve Bank of India (RBI) is set to develop a public technology platform aimed at enhancing credit transactions. A pilot project has been initiated...

Slovenia Crowned as the EU’s Most Crypto-Enthusiastic Nation

Slovenia has been identified as the most 'crypto-obsessed' country in Europe, according to recent research. A study conducted by the virtual currency gambling platform cryptogambling.tv...

Reflecting on Our 2023 Conference Experience

Finextra Research hosted its inaugural Financial Cloud Summit at King’s Place in London on 2nd March 2023. The conference focused on the application of cloud...

SEC Accuses Fintech Investment Adviser of Breaching Marketing Regulations

The Securities and Exchange Commission has charged fintech investment adviser Titan Global Capital Management USA with misleading investors through advertisements related to performance metrics. In...

Nordea Faces Charges in Connection with Danish Money Laundering Cases

Denmark has officially charged Nordea in what is considered the country’s largest money laundering case to date. Authorities allege that the bank violated the Danish...

Barclays Sees Significant Rise in Investment Scam Incidents

Barclays Bank is urging social media platforms to swiftly enhance the verification process for financial advertisements following a significant increase in investment scams. According to...

Monese Reports Losses and Issues Warning on Financial Viability

Mobile banking startup Monese has reported a loss of £30.5 million in its accounts for 2022 and has raised concerns about its ability to continue...