Barclays: UK bank, ceased its services to US-based cryptocurrency exchange, Coinbase Announced that Barclays Bank in the U.K. cut off cryptocurrency exchange Coinbase as a customer
For Coinbase the loss means it no longer has access to the UK...
Octopus: London-based investment group, acquires wealthtech start-up Seccl Technology The acquisition for £10 million to make Octopus's offering “indispensable”
As a result of acquisition, Octopus can uses Seccl’s API technology to deliver faster and more flexible platform when handling...
GBST: Sees 80% increase in pre-tax profit The fintech firm said net inflows were $26.3 million, up from $11.2 million in the previous year
The firm said was the result of increased infrastructure costs
Total revenue and other income...
Curve: Launches first crowdfunding campaign Curve, the over-the-top banking platform which consolidates multiple cards and accounts into one smart card
When Curve will be offering eligible customers a chance to invest in one of Europe’s hottest fintech start-up
Eligible...
Federal Reserve: Offer seven-day term deposits on August 22 The Federal Reserve plans to continue its previously announced periodic testing of the Term Deposit Facility
Operations aimed at ensuring the operational readiness of the TDF
Therefore providing eligible institutions...
TransferWise: Launches transfers from Argentine Peso Regardless of the amount of money they send, almost everyone faces two problems: complex and slow processes and services
Situation motivated TransferWise a bit over a year ago to launch international transfers to...
Rimilia: Continues International Expansion and Opens Office in Toronto Global leader in financial relationship management solutions that transform how businesses optimise their end-to- end customer financial relationships
This is the second office that Rimilia has opened in the last...
Sberbank: Broadens service for transferring money for withdrawal from ATMs Now any user of Sberbank Online can transfer money in any region of the country
The transfer made using Sberbank Online: it is enough to know the phone number...
Thomson Reuters: Announces Global RegTech Competition Thomson Reuters is a leading provider of business information services
Designed to provide early stage start-ups in the legal and regulatory space the opportunity to partner with one of the industry’s leading providers
...
HMRC: Cracking down on possible tax evasion by asking cryptocurrency exchanges The tax authority has written to at least three exchanges operating in the UK Coinbase, eToro and CEX.IO
HMRC defines a taxable event as users selling their cryptocurrencies...
