Cross-border banking and payment services in the EU are being held back by a lack of regulatory clarity and harmonisation, says the European Banking Authority (EBA).

For over 5 years now, Bitwage has been dedicated to raising awareness and growing the cryptocurrency ecosystem. Earlier this year, we began our goal to encompass a greater part of the cryptocurrency ecosystem outside of Bitcoin by launching Ether payrolls. Anyone around the world could receive any percentage of their wages in Ether from US, EU and UK companies.

Fenergo, the leading provider of digital Client Lifecycle Management solutions (CLM) for financial institutions, today announces the product enhancement, Digital KYC, a real-time Know Your Customer (KYC) solution for financial institutions seeking to automate and perpetuate KYC compliance reviews.

The rules-driven Digital KYC solution delivers a risk-based approach to ongoing KYC to increase operational efficiency, lower the cost of compliance, achieve regulatory certainty and optimise client experiences. 

Uber introduced Uber Money, a team within Uber working on financial products and technologies that deliver additional value for the Uber community, all at Uber speed.

We’re excited to kick things off with several new features and improvements coming this year:

Trade Ledger, the ground-breaking business lending platform, which automates commercial lending processes for global banks and alternative finance providers, today announces strategic investment in a £1.5M round led by Hambro Perks, to further accelerate revenue growth.

Edinburgh-based FinTech 

Red Deer, the financial technology company dedicated to enhancing the performance of active investment managers, is pleased to announce that Charles Stanley, one of the UK’s leading wealth management firms with £24.4bn in assets under management, has selected its Research Management solution. The solution will enable Charles Stanley to seamlessly integrate MiFID II compliance across their investment process, whilst being better placed to fully understand the value of their research.

Polish consumers are now able to shop and pay at more places online direct from their mobile phone via BLIK, thanks to a partnership between PPRO, the leading global payments platform, and the Polish Payment Standard (PPS), operator of BLIK. International retailers wanting to close sales with Polish customers can also receive payment simply and securely via BLIK.

Marqeta, the first global modern card issuing platform, announced the results today of its new digital banking survey, which found that demand for physical bank branches continues to decline as digital banking platforms offer more seamless access to remote money management tools.

TransferGo, one of the world’s fastest growing money transfer companies, has today announced that it has now completed over five million transactions, with its user base continuing to grow in the thousands each day. To support this rapid growth, the remittance company has made four senior hires from some of the biggest names in the technology and financial services sector like PayPal and Santander and launched its service in four new markets making it available in over 50 countries.