Author: TMC Admin

On this weeks episode of News & Views, The Fintech Times Podcast team speak on Invoice processing, Biometric age verification & what Elon Musk purchasing Twitter means for the Fintech Industry.

Like brakes to a bicycle, fintech must exist within the realms of regulation if it is to ditch its ‘wild west’ persona. Indeed, the adoption of various elements of the industry, like cryptocurrency, has ultimately suffered due to the lack of regulation that surrounds and supports them. Throughout the entire month of May, The Fintech…

Payful, a new startup dedicated to eradicating late invoice payments across B2B transactions has secured its place on Enterprise City’s ‘Exchange Support Scheme’. As part of the selection, the fledgling Manchester-based fintech will now move its offices to the city’s famous Bonded Warehouse. The ‘Exchange Support Scheme’ will help Payful as it begins to scale…

On Thursday 5 May, Smart Money People revealed the winners of the British Bank Awards 2022, at a glamorous awards ceremony in the heart of London, hosted by comedian Lucy Porter. It was the first in-person awards event for the Smart Money People team since March 2020, when the British Bank Awards were held just…

The latest consumer research from the crypto platform Coinbase has found that a third of UK consumers have previously, or still own cryptocurrency; revealing a 29 per cent rise in just six months.  Among the 33 per cent that own cryptocurrency, 61 per cent expect to increase their holdings over the next 12 months, compared…

With overall crypto trading volumes increasing over 500 per cent in 2021, last year also brought record cryptocurrency gains for the average crypto investor. Researchers at TradingPedia combined multiple datasets to provide a thought-provoking view on the crypto profits dynamic. It turns out a significant amount of crypto investors started to earn enough to secure the…

ESG (environmental, social and governance) will be critical to the work that banking and fintech innovators do in building open banking systems over the next several years. It’s inevitable that open banking will be part of the next wave of banking innovation – but the idealistic promise of open banking could hit big problems in…

Banks in the US will now have just 36 hours to report a cybersecurity incident to a federal regulator amongst the heightened potential for Russian-led cyber attacks.  Although receiving final approval back in November 2021, the bill, imposed by the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC),…

The crypto market has been in the doldrums after witnessing the record highs during November of the last year. The downturn in the market has had a direct impact on the crypto apps ecosystem in Europe. According to the latest numbers presented by StockApps, the number of crypto apps-installs in Europe was down by almost…

FinTech Wales Foundry, the flagship accelerator program created by FinTech Wales, has completed its 2022 programme with a pledge to create, between them, more than £70million in revenue, and create more than 100 jobs in Wales, over the next three years. Sponsored by Principality Building Society, Admiral Money, and supported by Cardiff Capital Region City…