Wednesday, May 22, 2024

BBVA’s CEO details impact of FinTech on incumbents

Carlos Torres Vila, CEO of Spanish banking giant BBVA, shared his insights on FinTech's impact on business strategies at incumbent banks. Read more: uk.businessinsider.com

HSBC and NAB open API developer portals

HSBC has acted quickly to meet the UK Competition and Markets Authority's decision to require big banks to open up certain data via APIs by the end of the first quarter of 2017. Read more: www.finextra.com

London and Singapore remain world’s top FinTech hubs

FinTech hubs are popping up in cities around the world, but established players like London and Singapore continue to be the top centres. Read more: www.finextra.com

Regulation is strangling FinTech startups, VC’s can help

While the total impact won’t be visible until years after secession from the European Union, Brexit is sure to limit access to talent and markets for sapling startups. Read more: www.entrepreneur.com

Stripe-backer Square Peg Capital closes $180m fund

Australian venture capital firm Square Peg Capital has closed its latest fund with $180m (AU$234m). The firm invested in Stripe’s $100m Series C round. Read more: www.fintechroundup.com

Will FinTech perish or prosper under President Trump?

The election of Donald Trump and the impending Brexit have created new uncertainties around the fintech industry, one of the best performing industries in 2016. Read more: www.benzinga.com

For banks, tech as threat and savior

FinTech is the disruptor of the way financials services are rendered and the key to how those services are to be reimagined. Read more: www.pymnts.com

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