What’s in Store for RegTech in 2017?
RegTech has been a famous buzzword in 2016 and the industry – banking and FinTech alike – is looking eagerly at 2017. Read more: www.letstalkpayments.com
PwC and Z/Yen to explore blockchain use in Insurance
PriceWaterhouseCoopers (PwC) has teamed with Z/Yen, a London-based commercial think-tank that promotes societal advancement through better finance and technology. Read more: www.cryptocoinsnews.com
Lancai scoops up $27m for personal investments
Personal investments firm Lancai has raised ¥180m ($27m) in a Series B round of funding from Chinese online video firm LeEco.
Blockchain-powered revolution in the insurance industry
Blockchain has the capability to increase automation and lower the cost of providing insurance. Read more: www.letstalkpayments.com
Robinhood confirms $1.3bn valuation after $110m round, hits two million users
Stock trading app Robinhood is confirming its $1.3bn valuation and announcing a $110m Series C round. The company has also passed two million users globally. Read more: www.fintechroundup.com
Financial fraudsters hit every 15 seconds
More than one million incidents of financial fraud occurred in the first six months of 2016, according to official figures released by FFA UK. Read more: www.finextra.com
SIX seals 12-year deal with Swiss security institute
A 12-year research cooperation agreement with Zurich Information Security and Privacy Center was sealed yesterday. Read more: www.finextra.com
Uber partners with Betterment for driver retirement advice
Uber announced it has partnered with investment management company Betterment to provide free services to drivers for the first year. Read more: fortune.com
InsurTech takes aim at personal lines distribution
Some may feel InsurTech is over-hyped, but that belief is probably more denial than anything else. Read more: www.propertycasualty360.com
RBS to become FinTech fund for challenger banks
The UK Government is proposing a package of measures worth £750m which would transform state-owned RBS into a gateway for challenger banks. Read more: www.finextra.com