The White House weighed in – somewhat out of the blue – on a contentious battle over competing crypto amendments to the $1 trillion infrastructure bill. Read more.
A portmanteau of “finance” and “technology”, the Fintech space refers to any business or start-up that merges technology and financial services. It is a rapidly growing industry that is becoming increasingly competitive, which is why it is paramount to ensure the right connections are made in the sector.
Find out more about the latest news in financial technology, all things fintech, AI, crypto, Blockchain and more.
Singapore to grant first crypto licence in bid to lure digital asset groups
Singapore is set to grant formal regulatory approval to a cryptocurrency exchange for the first time as the Asian city-state steps up its challenge to rival Hong Kong as a digital finance hub. Read more.
Revolut, Europe’s $33 billion fintech giant, launches a travel booking feature
European fintech giant Revolut is jumping into the travel industry via a newly launched booking feature. Read more.
HSBC Asset Management creates specialist fintech investment arm
The asset management arm of HSBC has launched a new venture capital investment strategy aimed at giving clients exposure to companies that will participate in “the transformation of financial services”. Read more.
The ECB starts work on creating a digital version of the euro
The European Central Bank announced Wednesday that it’s starting work toward creating a digital euro currency as more consumers ditch cash. Read more.