291920
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https://www.jdsupra.com/legalnews/avoiding-pitfalls-in-consumer-financial-7047087/
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Jdsupra
Companies that provide consumer financial services and products be warned—a careful review of your fine print may be in order. Although broad disclaimers, liability waivers, and releases tend to be commonplace in general terms of service, they can be highly problematic in the consumer financial services space.
Publish date: 22 Jun 2024
291919
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https://financialit.net/blog/banking-ecommerce-innovation/unlocking-future-traditional-banks-uk-banking-app-renaissance
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Financialit
Otávio Tranchesi, Finance Industry Lead at Appsflyer 21.06.2024 03:00 pm #banking #ecommerce #innovation It's no longer the high street but the digital world that determines banking success, with the battle between traditional banks and neobanks driving the latest innovations in customer-focused...
Publish date: 22 Jun 2024
291918
Signals
https://financialit.net/blog/data-banking-finserv/banking-finance-winning-data-race-strategic-decision-making
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Financialit
Frank Bignone, VP & Director of Digital Transformation Group at FPT Software 21.06.2024 01:15 pm #data #banking #finserv Data analytics in banking advances at breakneck speed, with banks and financial services companies racing to be early adopters to stay ahead of the competition. Traditional...
Publish date: 22 Jun 2024
291917
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https://www.newstrail.com/financial-services-consulting-market-will-hit-big-revenues-in-future-kpmg-deloitte-mazars/
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Newstrail
The Latest Market Research Study on "Global Financial Services Consulting Market" is now released to provide a detailed overview of hidden gems performance analysis in recent years. The study covers an in-depth overview of market dynamics, segmentation, product portfolio, business plans, and the latest developments in the industry.
Publish date: 22 Jun 2024
291916
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https://www.fintechfutures.com/2024/06/sainsburys-sells-core-banking-business-to-natwest/
Signals
Fintechfutures
British supermarket group Sainsbury's is selling the personal loan, credit card and retail deposit portfolios of its core banking business to NatWest Group. The deal will see £2.5 billion of gross customer assets transferred to the high street lender, including £1.4 billion in unsecured personal loans and £1.1 billion in credit card balances, alongside around £2.6 billion in customer deposits.
Publish date: 22 Jun 2024
291915
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https://link.springer.com/article/10.1007/s10462-024-10766-7?code=9effc4a6-a15c-461c-a357-722eb4517918&error=cookies_not_supported
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Link
Abreha HG, Hayajneh M, Serhani MA (2022) Federated learning in edge computing: a systematic survey. Sensors 22(2):450Article
Google Scholar
Agrawal S, Sarkar S, Aouedi O, Yenduri G, Piamrat K, Alazab M, Bhattacharya S, Maddikunta PKR, Gadekallu TR (2022) Federated learning for intrusion...
Google Scholar
Agrawal S, Sarkar S, Aouedi O, Yenduri G, Piamrat K, Alazab M, Bhattacharya S, Maddikunta PKR, Gadekallu TR (2022) Federated learning for intrusion...
Publish date: 22 Jun 2024
291914
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https://economictimes.indiatimes.com/markets/ipos/fpos/fintech-firm-pine-labs-weighs-1-billion-ipo-in-india/articleshow/111168476.cms
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Economictimes
Pine Labs Pvt, an Asian digital payments provider backed by Peak XV Partners and Mastercard Inc., is considering raising about $1 billion in an initial public offering in India, people familiar with the matter said, amid increasing investor appetite in the nation's stock market.The company may...
Publish date: 22 Jun 2024
291913
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https://www.cnbc.com/2024/06/21/synapse-collapse-nearly-109m-in-yotta-customer-deposits-vanish.html
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Cnbc
Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app Yotta went missing weeks ago, according to one of the lenders involved. A network of eight banks held $109 million in deposits for Yotta customers as of April 11, Evolve Bank & Trust said in a bankruptcy court letter filed late Thursday.
Publish date: 22 Jun 2024
FUTURE TIMELINE
COUNTRY FORECASTS
291912
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https://www.dailysabah.com/business/economy/turkish-fintech-startups-secure-record-166m-in-january-may
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Dailysabah
Turkish financial technology (fintech) startups received a record $166 million in total investments in the first five months of 2024, a report showed on Thursday. The Türkiye Fintech Snapshot for May 2024, released by the Presidency's Finance Office, highlighted that there are 845 fintech startups in the country and 696 were operational as of May.
Publish date: 22 Jun 2024
FUTURE TIMELINE
COUNTRY FORECASTS
291911
Signals
https://www.pymnts.com/news/banking/2024/thredd-ceo-counts-on-regulators-to-address-vulnerabilities-of-banking-as-a-service/
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Pymnts
The relationships between FinTechs, banks and neobanks has been placed under a harsh spotlight with the recent revelations around the Synapse bankruptcy. The reaction from the industry so far has focused on the Synapse case as an isolated incident rather than a systemic issue, but it has also been the occasion for a reconsideration of the banking-as-a-service business (BaaS) model.
Publish date: 22 Jun 2024
FUTURE TIMELINE
COUNTRY FORECASTS
291910
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https://www.rediff.com/business/report/bucking-the-trend-indian-startups-regain-lost-funding-ground-says-report/20240621.htm
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Rediff
Finally, some good news for the Indian startup ecosystem. After four consecutive half-year periods of declining funding since 2022, the first half (H1) of 2024 has shown an upward trend compared to the second half (H2) of 2023. According to the India Tech Semi-Annual Funding Report H1 2024 by Tracxn, Indian technology (tech) startups raised $4.1 billion in H1 2024, marking a 4 per cent increase from $3.96 billion in H2 2023.
Publish date: 22 Jun 2024
291903
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https://financialit.net/blog/payments-moneyflow/why-speed-paramount-payments-how-adyen-integrated-bank-england-record-time
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Financialit
Why Speed Is Paramount in Payments: How Adyen Integrated with the Bank of England in Record Time Thom Ruiter, Vice President of Banking and Financial Products at Adyen 21.06.2024 02:45 pm #payments #moneyflow The speed of money flow is crucial in the payments sector. It supports fast and...
Publish date: 22 Jun 2024
291897
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https://www.finanznachrichten.de/nachrichten-2024-06/62548590-bybit-s-institutional-investors-triple-eth-exposure-ahead-of-etf-launch-008.htm
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Finanznachrichten
DUBAI, UAE, June 21, 2024 /PRNewswire/ -- Bybit, one of the world's top three crypto exchanges by volume, has released showing institutional investors have increased their ETH holdings ahead of the launch of the spot ETH ETF in the US. Analysts predict this ETF will capture between $8 and $12 billion from US and global markets, driving Ethereum to new all-time highs by year-end.
Publish date: 22 Jun 2024
291898
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https://decrypt.co/236443/standard-chartered-bitcoin-ethereum-trading-desk
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Decrypt
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game!Go to Alpha ReportsBritish multinational bank Standard Chartered is creating a Bitcoin and Ethereum trading desk in London,...
Publish date: 22 Jun 2024
291899
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https://coinjournal.net/news/standard-chartered-to-launch-btc-eth-spot-trading-desk-bloomberg/
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Coinjournal
We use cookies to personalise content & ads, provide social media features and offer you a better experience. By continuing to browse the site or clicking "Continue" you are consenting to the use of cookies on this website.
Publish date: 22 Jun 2024
291900
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https://www.jdsupra.com/legalnews/ny-ag-lends-investors-a-hand-in-2635219/
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Jdsupra
New York AG Letitia James settled with cryptocurrency company Gemini Trust Company, LLC to resolve allegations that the company violated the Martin Act and New York Executive Law by engaging in fraudulent and deceptive conduct towards investors and the public. According to the complaint, Gemini allegedly mispresented risks associated with certain investments and attempted to conceal more than $1 billion in losses from investors in its Gemini Earn program, through which investors could lend their cryptocurrencies to another cryptocurrency company, Genesis Global Capital, LLC.
Publish date: 22 Jun 2024
291901
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https://www.jdsupra.com/legalnews/overview-of-the-cfpb-s-proposed-open-1067874/
Signals
Jdsupra
The financial services and banking industry landscape continues to evolve in the face of new and emerging technologies. This phenomenon is especially prevalent in the sharing of consumer data between financial institutions and third parties. Consumers expect their banks, credit card companies, and other financial institutions to be able to share a consumer's data for the consumer's benefit in a secure and accurate manner.
Publish date: 22 Jun 2024
291902
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https://njbiz.com/semperis-secures-125m-in-growth-financing-expands-c-suite/
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Njbiz
Hoboken-based Semperis is continuing its trajectory with $125 million in growth financing from J.P. Morgan and Hercules Capital.
The pioneering cybersecurity company announced the funding June 20. According to Semperis, the round will enable further investment in product innovation and support...
The pioneering cybersecurity company announced the funding June 20. According to Semperis, the round will enable further investment in product innovation and support...
Publish date: 22 Jun 2024
291906
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https://www.sgvtribune.com/2024/06/21/californias-biggest-credit-union-schoolsfirst-tackles-cybersecurity-and-finding-its-next-gen-members/
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Sgvtribune
When Bill Cheney led the National Trade Association, policymakers often asked him, "If credit unions are as good a deal as you say, why isn't everyone a member of a credit union?"His response was always, "Exactly!""If I were the CEO of a bank, my job would be to maximize the value of that bank...
Publish date: 22 Jun 2024
291908
Signals
https://financialit.net/news/fundraising-news/indonesian-fintech-amartha-secures-175m-investment-accion-digital
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Financialit
Indonesian Fintech Amartha Secures $17.5M Investment from Accion Digital Transformation Fund Amartha, a pioneering Indonesian microfinance technology company, has announced a significant $17.5 million equity investment from the Accion Digital Transformation Fund. This investment aims to bolster...
Publish date: 22 Jun 2024
291907
Signals
https://www.fintechfutures.com/2024/06/fintech-founders-video-evolution-of-industry-compliance/
Signals
Fintechfutures
Our FinTech Founders series now turns to a focused analysis of how the regulatory landscape within the sector has evolved and shifted over the past decade. Taking a retrospective view on regulation for this episode are Nikki Hawkes, co-founder of investment technology platform Stratiphy; Dima Kats, founder and CEO of payment solutions provider Clear Junction; Ben Parker, founder and CEO of regtech eflow Global; Henry Orunkoya, founder of merchant intelligence platform Wollette; Petr Kozyakov, co-founder and CEO of the global payments infrastructure platform Mercuryo; and Matt Ford, co-founder and CEO of wealth platform Sidekick.
Publish date: 22 Jun 2024