B2C2, the trading firm of choice in the institutional crypto markets, announced that SBI Financial Services (a subsidiary of SBI Holdings, "SBI") has agreed to acquire a $30 million minority stake in the firm.

Ground control and Captain Tom

When veteran Captain Tom Moore decided to walk one hundred laps of his garden before his 100^th birthday to raise funds to support NHS heroes battling Covid-19 from the frontline, he never imagined that he would raise a whopping £32 million plus. It’s one of the most heart-warming stories of modern times. It also highlights that not even a lockdown can stem the global financial system or prevent people from spending on what is important to them. As suddenly as we plunged into doom and gloom we’ll see a revival.

Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising the two-day virtual Global FinTech Festival on 22-23 July 2020.

The Department of Economic Affairs (DEA), Ministry of Finance, Government of India is the presenting partner of the event. The event is also supported by the World Bank and the United Nations Capital Development Fund (UNCDF).

Lemonade, which is backed by SoftBank Group Corp, is set to raise $319 million in its U.S. initial public offering and Lemonade, Inc. (“Lemonade”) today announced the pricing of its initial public offering of 11,000,000 shares of its common stock at a price of $29.00 per share. Lemonade has granted the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of its common stock at the initial public offering price.

Analysis from global consultancy partnership Kearney predicts a rise in mergers and acquisitions over the next few years as banks seek to reduce costs in the short-term, re-focus the core business for the long-term, and transform operating models.

Now in its 11^th year, Kearney’s European Retail Banking Radar is an annual analysis of the pan-European banking market, tracking 92 retail banks in 22 European markets, comprised of 50 banks in Western Europe and 42 banks in Eastern Europe.

The Compliance Program Management (CPM) business of Wolters Kluwer Compliance Solutions has won two prestigious awards celebrating excellence and innovation in operational risk. Financial Technologies Forum (FTF) News has named OneSumX its Best Operational Risk Management solution in its