The Financial Conduct Authority (FCA) today warned that some financial technology (fintech) firms present an ‘unacceptable risk of harm’ to customers and to the broader financial system as a result […]
If there’s one country where Revolut is an indispensable part of the payments landscape, it’s the Republic of Ireland. But Revolut’s Irish success comes at the expense of uncertainty regarding […]
Shortly after Silicon Valley bank was shut by US regulators, e-money firm Revolut prevented a UK start-up from making a large cash withdrawal, the start-up firm’s venture capital (VC) backer […]
Got funds on your Revolut card? If you do, you may wish to know what do the firm’s recent accounting problems say about the safety of its clients’ money. Read […]
Last year’s high-profile insolvency of German fintech giant Wirecard may be followed by more failures among payment firms and electronic money (e-money) institutions (EMIs), the UK financial markets regulator, the […]
Financial ‘super-app’ Revolut has announced it is applying to become a UK bank. But the fintech firm, which boasts over 12m customers and has a private market valuation of over […]
Wirecard’s collapse raises questions about the future growth of the financial technology sector. Do no harm—the pre-paid card If you’re in search of financial products that harm consumers, you don’t […]
The Wirecard collapse raises questions over the safety of funds kept by electronic money and payment services firms. Spot the difference On the face of it, there’s very little difference […]
The opening up of banks’ customer data to financial technology (‘fintech’) firms has been hailed as a revolution. Fintech promises new, user-friendly services while making online payments easier, safer and […]
If you thought payments were just about the transfer of value from A to B, you were wrong. “Payments are not about the movement of money any more, they are […]