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Latest Features

UK fintech hit by Brexit fears

10 February 2017 in Finance

Venture capital investment in the UK fintech sector was hit by Brexit fears in 2016, sliding a huge 33% to $783 million. In contrast, global VC investment in the sector spiked 11% last year to $17.4 billion, according to the latest Innovate Finance metrics. The association characterised the shift as a dramatic slowing “which many in the [fintech] community attribute to the general uncertainty in the run-up to the Brexit referendum”.

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The crowd decides

6 February 2017 in Finance

The Dutch Ministry of Foreign Trade and Development Cooperation has allied with the Rutgers Foundation to launch a crowdfunding initiative to raise money for family planning services in developing countries. The move follows efforts by the Trump administration to stop state funding to organisations that provide access to information about abortions – the so-called Mexico City Policy – leaving an annual global $600 million funding gap.

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Bundesbank frets over fintech

31 January 2017 in Finance

Fintech firms need more regulatory oversight as they have may disrupt the banking sector and threaten financial stability, warns German Bundesbank president Jens Weidmann. He says authorities need greater insight into such outfits’ activities to get a better understanding of how they might pose a stability threat.

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More rules for the crowd

13 December 2016 in Finance

Top technologiesCrowdfunding investors are in need of better protection in the UK as rapid growth has left them vulnerable with both investment-based and loan-based crowdfunding ventures, according to the Financial Conduct Authority. The regulator says its focus is ensuring that investor protections are appropriate for the risks of the sector and that its recently completed crowdfunding review findings mean it will now look into developing new rules during 2017.

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A home for crowdfunding

21 November 2016 in Finance

kisskissbankbank shopThe world’s first bricks-and-mortar crowdfunding shop has opened for business in Paris. KissKissBankBank, an operator of three online platforms in the shape of KissKissBankBank, personal credit operation hellomerci and business lender Lendopolis, has launched La Maison du Crowdfunding in a hipsterish area of the city’s tenth arrondissement where it is showing off a welter of communications assets aimed at upping knowledge of the world of crowdfunding.

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Fintech skews young

7 November 2016 in Finance

Fintech youthFintechs are getting traction with younger, tech-savvy and affluent banking customers, with emerging markets leading adoption – in fact, over three-quarters of that demographic in China and India are using services provided by fintech outfits, with consumers in the UAE and Hong Kong not far behind. Plus, half of banking customers globally are now leaning on fintech services firm, according to World FinTech Report from Capgemini, LinkedIn and Efma.

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Fighting fintech fear

26 October 2016 in Finance

Finntech fearClose to 60% of US consumers believe that traditional banks will cease to exist within their lifetime as they are failing to both meet customers needs and to innovate. A huge 75% of respondents to a Blumberg Capital survey say that fintech gives them more power over their finances, while two-thirds say fintech provides access to services previously available only to the wealthy and that such tech will help everyone be better off financially.

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Latest News

Tech against Trump

6 February 2017 in technology

A grouping of some US tech firms including the likes of Apple, Facebook, Google, Intel, Microsoft and Twitter have filed a joint legal brief opposing President Trump’s immigration ban

Now in bed with Birkenstocks

26 January 2017 in -e.showcase

German shoe firm Birkenstock is extending its business out of orthopaedic sandals and heading for the bedroom – cue a brand new range of six bed styles.

Tackling Fakebook

20 January 2017 in Social

The German government is drafting regulation that would require Facebook and other online networks to tackle fake news.

No more Yahoos here

10 January 2017 in -e.online

The Yahoo brand has been with us since the last century but is set to disappear from the online landscape when Verizon completes its acquisition of the Silicon Valley denizen

Non à Steve

15 December 2016 in technology

Paris Left attacks tech hub plans to name street after Steve Jobs.

Green it

9 December 2016 in -e.showcase

Greenery is the name of Pantone’s 2017 colour of the year. Or 15-0343 if you want to get technical.

Time-charged, wearable

21 November 2016 in technology

Look out for a smartwatch that powers up on body heat, which could well be one the first wearable devices that never needs a recharge.

Gimme drone, VR

18 November 2016 in technology

US consumers are set to purchase 1.2 million drones, 700,000 virtual reality headsets and 4.5 million 4K UHF TVs during the course of the fourth-quarter holiday season

Brexit slams UK fintech funding

17 November 2016 in Finance

Thirty UK-based fintech start-ups have had their funding cancelled or delayed by investors since the Brexit vote in June, giving them serious cashflow headaches.

alt-right tweets terminated

17 November 2016 in -e.social

Twitter has suspended a number of accounts associated with the US alt-right (aka right-wing extremist/white supremacist) movement backing Donald Trump.