The UK government’s new Scale-up Unit aims to accelerate financial innovation through tailored regulatory support. But does this address the fundamental challenges facing fintech scaling, and can it compete with global regulatory sandboxes?
The Consumer Financial Protection Bureau’s proposed open banking rule has sparked intense debate among financial institutions, tech giants and fintech companies. Recent filings reveal deep divisions over data access fees, security responsibilities, and which companies should be covered by the new requirements.
The Consumer Financial Protection Bureau is facing a regulatory minefield as it tries to craft new open banking rules. Recent analysis of public comments reveals fundamental disagreements between banks, technology companies, and fintech firms about who should control consumer financial data and under what terms.
The Dawn of Instant Payment Ecosystems The financial landscape is undergoing a seismic shift as real-time payment systems transform how…
Finster AI has reportedly secured $15 million in Series A funding to expand its artificial intelligence research platform for financial institutions. The platform aims to help financial professionals unlock insights while maintaining strict controls over confidential information. Expansion plans include opening a New York office and growing its London headquarters.
Finster AI has reportedly raised $15 million in Series A funding to advance its artificial intelligence-native research platform designed specifically for financial institutions, according to recent reports. Sources indicate the funding round was led by FinTech Collective, with the capital intended to support significant expansion of the company’s operations.
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