Oxford Capital leads $1.75m round in FinTech startup Moneybox
Finstar Financial Group has further expanded its fintech and financial services investment program with the hire of Eugene Timko.
Delivering true personalisation in the age of big data
Big data is a promise. In theory, banks can now know more about every single one of their customers than ever before. Read more: www.bankingtech.com
Banks restricting e-payments violate competition law
German regulator Bundeskartellamt has ruled that the country's banking industry is violating competition law. Read more: www.finextra.com
Paytm Payments Bank looking at October take-off
Digital payment platform Paytm is readying a budget to roll out its bank payments system and eyeing an October launch. Read more: www.business-standard.com
Brazilian bank Bradesco harnesses blockchain
The institution is supporting startups focusing on the technology and planning trials to develop new services. Read more: www.zdnet.com
BMO will pay you $5 to use its mobile banking apps
BMO is the fourth-largest bank in Canada and its latest promotion is targeted to increase the usage of its mobile banking apps. Read more: mobilesyrup.com
PSBC to roll out online consumer banking services
The bank says it will deepen its cooperation with Ant Financial and Shenzhen Tencent in internet and mobile finance. Read More: ww2.cfo.com
Banks set up Innovation Labs in Singapore for FinTech
Banks, financial services companies and insurance firms are opening innovation labs in Singapore to explore and develop FinTech, insurtech products. Read more: fintechnews.sg
Biggest developments in FinTech in 2016
Legal firm Bird & Bird suggests FinTech, which has seen significant expansion, shows no signs of slowing down. Read more: www.wired.co.uk
Airwallex seals $3m to help firms avoid currency fluctuation risk
Melbourne-based fintech startup Airwallex has landed $3m to minimise cross-border payment risks.
The pre-Series A investment round was led by Shanghai-based venture capital firm Gobi...