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India takes over China for number of fintech deals in Q2 – FinTech Futures

India has overtaken China as the leading hub in Asia for fintech investment for the first time after a major drop-off of deals in China,...
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Thomson Reuters launches global regtech competition – FinTech Futures

Early stage start-ups in the legal, tax and regulatory space are invited to enter Thomson Reuters’ new global regtech competition, reports Jane Connolly. Thomson Reuters...

Republican Iowa senator says Trump EPA ‘screwed us’ with biofuel waivers

WASHINGTON (Reuters) – Iowa’s Republican Senator Chuck Grassley said the Trump administration’s Environmental Protection Agency has “screwed” the U.S. ethanol industry and farmers by granting...
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Barclays ends landmark crypto partnership with Coinbase – FinTech Futures

UK bank Barclays has ceased its services to US-based cryptocurrency exchange, Coinbase, seeing the end of a landmark deal which enabled the exchange platform to...
domesticNews defeats IRS appeal in U.S. tax dispute

(Reuters) – Inc (AMZN.O) on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5...
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Top fintech stories this week – 16 August 2019 – FinTech Futures

Catch up on FinTech Futures’ top five fintech stories of the week – all in one place! ECB discovers data breach in bank newsletter From...

Organizers of El Paso march say they will stand against hatred, one week after massacre

EL PASO, Texas (Reuters) – A week after a gunman killed 22 people in El Paso, activists on Saturday will lead a march in the...
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UK regulations push SVB further towards automation – FinTech Futures

Silicon Valley Bank (SVB) has partnered with foreign exchange fintech, Kantox, after admitting UK regulation “is always getting tighter”. Head of transactional FX solutions at...

World Bank: Blockchain Could Reduce Settlement Time to Seconds

Blockchain technology could cut trade settlement time from days to seconds, a World Bank officer says. Paul Snaith, the multilateral lender’s head of operations for capital...
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the real benefit of Open Banking for incumbent banks – FinTech Futures

Anne O’Leary, Research Analyst at Mapa Research Open Banking came into effect in January 2018 with the implementation of the Second Payments Services Directive (PSD2)...