Tag: Europe
The Euro Banking Association launches open banking forum
The Board of the Euro Banking Association (EBA) has decided to initiate an open forum for banks, Read more: www.finextra.com
Europe’s first ABS of P2P consumer loans nears sale
P2P Global Investments Plc and Zopa Ltd. are working on Europe’s first securitization of unsecured consumer loans originated online. Read more: www.bloomberg.com
Global payments cybersecurity task force a go
Central banks are joining together to form a task force exploring payments and banking cybersecurity in the wake of the Bangladesh Bank heist. Read more: www.pymnts.com
Fundflow brings US invoice finance success to Europe
Fundflow and Wirecard partner for an invoice discounting platform helping SMEs access working capital on outstanding invoices. Read more: www.pymnts.com
Scotland’s financial future threatened by growth of FinTech
The Scottish financial sector faces a loss of over 14,000 jobs in the next decade if it fails to embrace the the current technological revolution. Read more: www.finextra.com
European alternative financing market grows 92% to $6bn
Banks and investors be wary! The European alternative financing market continues to grow according to a new report. Read more: www.fintechroundup
Lydia launches plastic card payments
French startup Lydia is launching a card so that you can spend your Lydia balance in every retailer that accepts MasterCard. Read more: techcrunch.com
Europe’s mobile payment players braced for battle
European mobile payment providers iZettle and SumUp are among a handful of start-ups that have encouraged European small businesses to kick their cash-only habits. Read more: www.reuters.com
EU regulatory environment to help FinTech flourish
The EU's efforts to regulate financial markets has opened new opportunities for global FinTech operators looking for universal standards to tap into the lucrative 28-country marketplace. Read more: techcrunch.com
Visa seeks bank for blockchain-based payments
Visa Europe is looking for banking partners to participate in a pilot project exploring the application of blockchain technology. Read more: www.finextra.com