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Wednesday, December 8, 2021
Tags Fintech industry

Tag: fintech industry

SWIFT cancels Sibos 2020 in Boston due to COVID-19

SWIFT has made the decision to cancel the fintech conference Sibos 2020 in Boston due to the coronavirus pandemic.

Barclays executives donate 1/3 of pay to COVID-19 charity

Some of the top bosses at Barclays are donating a third of their fixed salary over the next six months to help kickstart a £100m aid package.

Visa partners Fold to launch bitcoin rewards card

Visa and popular bitcoin cashback app Fold are ready to introduce customers to the first debit card which provides users with a bitcoin rewards program.

Monzo shuts Las Vegas customer support office, 165 employees being let go

Monzo already implemented voluntary employee furloughs and salary cuts in the U.K.

Chime pilots $1,200 instant stimulus in forward

Chime, the biggest U.S. digital bank start-up, is piloting a way for its users to receive their federal $1,200 stimulus checks instantly.

Safe haven during a crisis? Revolut backs cryptocurrency as one

Last week Revolut announced that it will provide cryptocurrency to all seven million customers.

Alipay offers boosts as Wuhan emerges from COVID-19 lockdown

Chinese mobile payment platform operated by Ant Financial – Alipay came up with initiatives to support small businesses in Wuhan as the city remerges from the lockdown period due to the COVID-19 pandemic.

$1.2 billion deal – SoFi buys fintech Galileo

Salt Lake City-based personal finance giant SoFi just announced it plans to acquire financial technology firm Galileo.

Klarna and Transferwise will join new investor platform called Cultivate

Blossom Capital’s ‘Cultivate’ is an angel program seeking to back European unicorns. Ophelia Brown from BC has described it as “the first-of-its-kind investor platform.”

Open Banking for Good: reshaping the debt management

Open banking allows financial institutions to share financial information with each other securely.
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Nik Storonsky wants UK banking license by the start of 2022

Digital bank Revolut is a licensed bank in many countries but still not in the UK where the company is based.

Starling’s Anne Boden says banks must embrace hybrid working

Anne Boden, CEO of Starling Bank, worked in the office from dawn to dusk for most of her life.

Revolut is outpacing rivals in terms of app downloads in 2021

British digital bank Revolut has recorded a 37% increase in downloads of its Android app, new data shows.

The Great British Bounceback: research from Enterprise Nation and Starling Bank

Two-thirds of SME's are confident of increased turnover in 2022, Enterprise Nation and Starling Bank report in new research.