Saudi Arabia Monetary Authority (Sama) has issued a new guideline for digital-only banks planning to enter the market.
Verdict lists the top five terms tweeted in fintech in Q3 2019, based on data from GlobalData’s Influencer Platform.
Income protection insurers must create tailored policies for self-employed, gig, and zero-hour contract workers that acknowledge uncertain incomes and potential periods of unemployment.
The Indian government has announced plans to inject an unprecedented 2.11trn rupees ($32bn) into large state-controlled banks.
Italy’s oldest bank Monte dei Paschi di Siena has returned to the market after a 10-month hiatus.
Cyber insurance is now a requirement for businesses, yet the need for personal protection is growing and personal cyber attack insurance could become normal soon.
US president Donald Trump is expected to name the new chair of the US central bank before he departs for his 12-day trip to Asia on 3 November.
Bloomberg, the New York based financial services, data, and media giant, has just opened a new headquarters in the City of London.
Bitcoin, the world’s most popular cryptocurrency, has climbed by almost five percent in 24 hours to hit $6,000 per bitcoin on the popular Bitstamp exchange.
Xavier Rolet will step down as chief executive of the London Stock Exchange (LSE) by the end of next year.
Under proposals announced on Tuesday, the UK government hopes to make it easier for ministers to intervene in mergers and takeovers when national security concerns arise .
The world of financial services is changing.
The National Bank of Ukraine (NBU) has ruled that financial institutions in the country will not be allowed to handle new Russian banknotes that feature landmarks from annexed Crimea.
French president Emmanuel Macron’s decision to ease the wealth tax will receive a warm welcome from French millionaires.
Citi Bank has become the latest financial institution to reveal its post-Brexit plans.
Insurtech company Guevara closed down last month, casting doubt over the future of the peer-to-peer insurance model.
BlackRock, the world’s biggest asset manager, is set to control close to $6tn in the coming months, judging by the company’s third-quarter results released on Thursday.
Catalan president Carles Puigdemont and other regional leaders signed a suspended declaration of independence from Spain last night, easing concerns of immediate unrest.
The German exchange Deutsche Börse is stepping up its efforts to replace London as the biggest euro derivatives clearing market after Brexit.
If there’s anyone who can talk about the rise of fintech (financial technology) and where the sector is going, its Microsoft’s director of financial services, Richard Peers.
For banks looking to differentiate themselves, providing good customer experience is essential — but not always easy.
Amazon’s success as a digital retailer has won it fans in the insurance industry for its innovation and customer centric model.
The UK’s financial sector has been undergoing somewhat of a change in the past seven years as a result of challenger banks.
UK banking giant HSBC will be the first high-street lender to launch an app next year that aggregates bank accounts.
Saudi Arabia, the Gulf’s largest economy, is expected to return to international bond markets as soon as this week.
UK-based wealth managers are uncertain what effect the new EU regulations will have on their relationships with clients.
The Bank for International Settlements (BIS), often known as the central banks’ central bank, has warned that financial institutions can’t ignore cryptocurrencies like bitcoin.
Banking giant HSBC has admitted “defeat” on its prediction that the pound will drop to $1.20 against the dollar by the end of the year.
In the first ever request of its kind, the UK’s financial watchdog formally referred investment consultants to the Competition and Markets Authority (CMA).
Despite Brexit uncertainty, London remains the world’s most attractive financial center, outdoing big cities including New York, Hong Kong and Tokyo.