According to new research commissioned by Payments Bank, Banking Circle, big bank de-risking is significantly hampering the efforts of many Financial Institutions to deliver services that empower financial inclusion. The root cause appears to be the risk-averse strategies adopted in response to the financial crisis of 2008 and subsequent money laundering fines imposed on several big banks.
Swiss financial services provider, Igson Capital AG, is enhancing its IBAN offer for companies by working in partnership with tech-first Payments Bank, Banking Circle.
In this alert, we consider the scope of the strengthened regime and proposed rules, and what they mean for crypto businesses.
• Mastercard deepens a decade long collaboration with GPS, launching and scaling hundreds of card programmes for some of the most successful fintechs in the world
• GPS recently raised over US$400 million in new capital to accelerate investment in open API, cloud-based technology, driving global expansion into many of the world’s largest markets over the next three years
Tillo CEO Alex Preece recently sat down with fintech expert David Birch for an exclusive interview.
They covered a wide range of trends – from crypto to NFTs, BNPL, open banking and beyond!
Give it a listen to uncover the most interesting trends on the strategic horizon, understand the role of loyalty, and find out how the way you pay for your shopping may soon change.
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