The Consumer Financial Protection Bureau today proposed extending the effective date of two recent debt collection rules to give affected parties more time to comply due to the ongoing COVID-19 pandemic.

Avant, a leading financial technology company that gives underserved consumers access to the credit they deserve, announced today that it has completed the acquisition of Zero Financial, Inc. and Level, the company's neobank and design-forward banking app assets. After passing the 1.5 million customer milestone in 2020, the acquisition of Level will allow Avant to expand its reach by offering best-in-class digital banking experiences to American consumers.

A new consumer report, Money on our Minds, has today revealed the findings of a study* into the current state of financial health and wellness amongst UK employees.

On March 30 2021, Her Majesty’s Revenue and Customs released guidance specifically describing how crypto digital asset staking should be treated for taxation purposes. It has been assumed previously that staking comes under the umbrella of mining, thus the same guidance has applied.

Fintech is a market that is in many ways defined by specialism. The first fintech disrupters took aim at specific services – such as international money transfer, loans or credit - and through technology reduced costs, improved the experience and boosted accessibility. 

The application of NFC Verification has taken the world by storm, making day-to-day business operations more cost-efficient, secure, and convenient.

Fintech Week London is back, bigger and better than ever before, with a brand-new team and event format. This July, senior decision-makers representing the most innovative companies in financial services will gather in the UK capital to discuss the position of London as a Fintech hub post-Brexit.

Fintech Week London at a glance:

NFT Investments, an investment company specializing in non-fungible tokens ("NFTs"), is pleased to announce that it has doubled the size of its initial public offering on the Aquis Stock Exchange Growth Market (Access segment) to £20m before expenses, a record amount to be raised on AQSE. 

The increased fund-raising move is in response to strong investor interest in the Company’s planned share placing and application to join AQSE later this month.   

JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., has seen impressive growth in virtual spending with European retailers from its Asian cardmember base, with online sales growing by more than 300% across the continent between 2016 and 2019[1].

 Finastra today announced that Unity One Credit Union — headquartered in Fort Worth, Texas, and with branches in Kansas and Minnesota — has gone live on Finastra’s Fusion Digital Banking.