Top Articles
Summarising the FCA's Guidance on Cryptoassets
Following the publication of the FCA's Guidance on Cryptoassets Feedback and Final Guidance to CP 19/3, we summarise below the main elements of the guidance and draw some comparisons to our recent publication: Guide to Digital Asset Generating Events co-authored with various legal firms in Luxembourg.
AI In Numbers: Global Funding, Exits, And R&D Trends In Artificial Intelligence
Over 3.6K AI startups in 70+ countries have raised $66B since 2013. In this interactive report built with CB Insights Stories, we provide an overview of the global AI landscape.
15 Innovative InsurTech Startups in the US to Keep an Eye On
Though traditional insurance companies will remain the front runners due to regulations and capital required for an insurance license, partnerships with InsurTech startups will allow them to tackle newer business models such as microinsurance and on-demand insurance.
Building an AI-Powered Financial Institution
Advanced analytic capabilities and technologies are advancing much faster than the deployment of artificial intelligence solutions in the banking industry. The ability to use AI to improve the customer experience on a personalized basis is also becoming more affordable to organizations of all sizes. Now is the time for banks and credit unions to embrace AI across the organization.
Can traditional banks and fintechs ever work together?
On the face of it, traditional banking and fintech are not a natural fit. But with high street banks hindered by legacy technology, they are having to place increasing trust in fintech investments.
Many of the banking giants have partnered with or in some cases even acquired fintech businesses in a rapid bid to roll out more innovative products and services.
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Hot News
Klarna becomes most valuable EU fintech with $5.5bn valuation
Klarna has become the largest private fintech start-up in Europe after a new funding round valued the Swedish payments group at $5.5bn ahead of a potential stock market flotation.
Information Commissioner raises privacy concerns over Facebook's Libra cryptocurrency plans
Facebook’s past privacy breaches suggest financial information might not be safe if it launches cryptocurrency, the Information Commissioner has warned.
Elizabeth Denham said the prospect of Facebook gaining a huge cache of financial information on its users had “amplified” her concerns about its data sharing practices.
Singapore eases approval process for fintech trials, unveils cybersecurity rules
Singapore has eased the approval process for fintech companies looking to trial their products in a sandbox environment, slashing the time it takes to 21 days if applicants adhere to standard disclosures and pre-determined rules.
Monzo urges 480,000 customers to change their pin numbers
The digital bank Monzo has urged nearly 480,000 customers to change their pins after it left banking information exposed to unauthorised staff for six months.