Thursday, February 21, 2019
Tags Bank

Tag: Bank

Bank of England sets up FinTech hub

The Bank of England is establishing a new Fintech Hub as a central point of contact for engagement with startups and to drive new technological developments. Read more: www.finextra.com

Rewards platform Drop picks up $21m Series A led by NEA

Millennial-focused rewards platform Drop has closed a $21m Series A funding round led by New Enterprise Associates. Read more: fintech.global

Wells Fargo is latest to join Carolina Fintech Hub

Wells Fargo has become the 12th firm to join the Carolina Fintech Hub. Read more: fintech.global

Emma seeks to be the only banking app on your device

EXCLUSIVE - There’s a new banking app in town - Emma. The British fintech company, which is still in beta, is gearing up for its launch in the U.K now that it, Read more: bankinnovation.net

Future bank products are like jobs for your children

What will future bank products look like? A combination of micro products and personalised advice will be the future model, says Chris Skinner. Read more: banknxt.com

Bitcoin ATMs Sprout in Georgia

Bitcoin ATM network Coinsource on Thursday installed 20 new bitcoin ATMs in the Peach State. Read more: bankinnovation.net

Forget FinTechs, banks need to worry about Alibaba and Amazon

Banks may have seen off the challenge from FinTech startups but they now face the far bigger threat of platform giants such as Amazon and Alibab, Read more: www.finextra.com

Bank consortium to launch joint venture for blockchain platform

A group of banks, now including Santander, is planning to create a business venture in Ireland for its in-development blockchain commerce platform. Read More: www.coindesk.com

Uruguay’s central bank to lauch pilot program for cryptocurrency

Uruguay’s central bank is testing out its own digital currency, joining a growing group of other nations doing the same. Read more: bankinnovation.net

Piraeus Bank hails automated ‘e-branches’

Greek bank Piraeus is hailing the performance of three new fully-automated bank branches, claiming that their popularity has freed up , Read more: www.finextra.com