Central Bank of Ireland grants e-money license to Facebook
Dec 13, 2016 09:30 am UTC| Fintech
Social networking giant Facebook has received e-money license from the Central Bank of Ireland (CBI), TechCrunch reported. According to the state banks onlineregister, the CBI granted the license to Facebook Payments...
Swiss private bank Banque Cramer develops fintech tool
Dec 13, 2016 09:15 am UTC| Fintech
Swiss-based private bank Banque Cramer, announced that it has developed afintech tool primeSelector that helps in reshaping the companys flagship Swiss equity strategy, according to reports by Citywireselector. The...
Israeli fintech firm Fibonatix expands to Manchester
Dec 13, 2016 07:28 am UTC| Fintech
Israel-based global payments specialist firm Fibonatix has announced the establishment of its operations in Manchester. The fintech startup will be temporarily located in Deansgates Centurion House before taking permanent...
Inaugural Dubai Future Accelerators Program sees US$33M investment in pilot projects
Dec 13, 2016 06:49 am UTC| Fintech
Dubai Future Accelerators (DFA), an intensive 12-week program that brings together companies, entrepreneur and powerful partners in Dubai to build breakthrough solutions, has announced a$33.5MUS deal between government...
Indian fintech firm Indifi Technologies raises $10M in Series B funding
Dec 13, 2016 06:29 am UTC| Fintech
Data-driven Indian fintech startup Indifi Technologies announced that it has raised $10 million in a funding round that was led by Omidyar Network, which is a self-styled philanthropic investment firm, as reported by...
Banks should embrace digitization to stay viable and relevant – Report
Dec 12, 2016 11:42 am UTC| Fintech
The Boston Consulting Group (BCG), a global management consulting firm, has released a new report that urges corporate banks to reinvent themselves to adapt to a new era where digitally enabled business models are...
Canadian fintech delegation announces new investments in UK
Dec 12, 2016 07:19 am UTC| Fintech
A delegation of 12 Canadian fintech companies that visited the UK recently announced new investments in theUK and revealed that the country tops in investment destinations for fintech. According to the official release,...