by Florin Oprea
Top investors include SBI Group, Bank of America Merrill Lynch, HSBC, Intel & Temasek.
FAO: Next, later this year, the third and final tranche. You can read more on this in Blockchain Daily News.
Josh Kosman – NY Post
Chinese billionaire Jack Ma’s Ant Financial is moving closer to getting regulatory approval to buy MoneyGram, The Post has learned — despite concerns in Washington about money laundering.
RIMES Technologies, the leading provider of managed data services and RegTech solutions for the buy-side, is hosting its second BMR Seminar in London on 7th June. The event takes place six months ahead of the enforcement of the EU’s landmark Benchmarks Regulation (BMR) on 1st January 2018, and will provide asset managers, owners and servicers the information they need to ensure they’re compliant.
Claudio Camozzo and Jan Kupfer, global co-heads of Global Transaction Banking at UniCredit, argue that bank-fintech collaboration alongside a customer-focused approach is essential to seize – and maximise – the opportunities at hand.
Andy Mukherjee – Livemint
Even if they are successful in cleaning up stressed assets mess, banks—especially state-run ones—will end up ceding a lot of ground to fintech.
FAO: A sum up of some of India latest fintech deals. Among them Paytm’s $1.4B deal, mentioned yesterday.
The Danish Fintech startup Clearhaus has recently acquired 33% (worth 10 mil EUR) of the Copenhagen Cooperative Bank.
NEX Optimisation has launched five new ‘solutions pillars’ powered by TriOptima, Traiana, Reset, NEX Data, ENSO and Abide Financial. The solutions pillars will allow NEX Optimisation services to interoperate, forming end-to-end solutions that solve collective industry problems such as trade and portfolio management and regulatory reporting.
Citywire announced that Samir Desai, the Founder & CEO of Funding Circle, the P2P lender to small businesses, has stepped down from the platform’s investment company.
NEX Optimisation announced that Andrés Choussy joins the company from J.P. Morgan to lead one of the five new ‘solutions pillars’. At J.P. Morgan Choussy headed the Derivatives Clearing business in the Americas.
Fidor, the innovative provider of digital banking solutions, appointed Jeff Hibbard as Chief Product Officer.
Ron Suber, the president of marketplace lender Prosper Marketplace, has been dubbed the “Mayor of Fintech” for his secondary position outside of his full-time job.
He’s learned one key thing – people working in banking are panicking.
Nearly one year after Kickstarter first began opening up to Asia, the popular crowdfunding store is set to venture into Japan.
Scottish Financial Enterprise’s FinTech Steering Committee this week held talks on creating the country’s first major FinTech Hub.
500 Startups, a Silicon Valley-based startup accelerator and early-stage venture capital fund house, is looking to close at least 12 investments in India in 2017.