NEWS – Page 5 – Fintech First

Inside China’s mission to create an all-powerful cryptocurrency

Bitcoin miners face severe regulation in China. Instead, the country is creating its own digital currency – and it could be adopted at a fast rate

Starling Bank raises £60m for further expansion

Starling Bank has raised £60 million from existing investors Merian Global Investors and JTC. The investment will bring the total raised by Starling to £323 million and follows two funding rounds of...

Varo Moves Closer to Becoming a Bank

The financial-technology startup received regulatory approval to use federal deposit insurance, marking a significant step in the fintech industry’s quest to take on traditional banks.

Revolut’s banking boss on his mission to dominate the world

The placement of Revolut’s headquarters in Canary Wharf seems intentional.

The Next Generation Of Banking Consumers Are Baby Boomers (Not Gen Z)

The “next generation” of banking customers isn’t based on age—it’s about need. Who will have new and different banking needs that the industry will have to design and redesign products and services...

How Tech Is Making Banking More Inclusive

An increasing number of Americans are left overcharged and underserved. But, thanks to technology, a new era of more inclusive banking is on the horizon.

One in five people could have access to central bank digital currencies within three years

Central banks collectively representing a fifth of the world's population say they are likely to issue a general purpose digital currency in the next three years, according to a survey from the Bank...

Visa takes ‘access to cash’ programme industry-wide

Visa is taking its 'access to cash' programme industry-wide, working with partner banks to offer high street retailers in remote and rural locations a fee for processing cashback transactions over...

Vodafone quits Facebook’s Libra project

Vodafone has become the latest Associate Member to quit Facebook's beleaguered digital currency project, Libra.

Why 2020 Is The Year For Fintech

This month marked one of the largest fintech acquisitions of all times, Visa’s purchase of Plaid for $5.3 billion. It is a validation of fintech in a literal sense and may also be a bellwether for...

Central banks form group to explore digital currencies

A group of central banks, including the Bank of Canada, Bank of Japan, Bank of England, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank and the Bank of Settlements have...

Amazon working to connect credit card information to your hand

Amazon is attempting to turn your hand into a credit card, according to the Wall Street Journal.