Illuminate Financial, the London-based venture capital firm investing in financial services technology companies, today announced an expansion of its longstanding partnership with Barclays, under which the bank will become a limited partner in Illuminate Financial's latest venture capital strategy.
Just weeks after completing the sale of its terminal business to Apollo Funds for €2.3 billion, Worldline has moved to acquire a 55% stake in SoftPos.eu, a Warsaw-based fintech that converts Android devices into secure payment terminals.
The Monetary Authority of Singapore (MAS) has published two consultation papers proposing strict regulatory measures to reduce the risk to consumers from cryptocurrency trading while supporting the development of stablecoins as a credible medium of exchange.
Director of the US Consumer Financial Protection Bureau (CFPB), Rohit Chopra, took to the Money20/20 stage to outline the Bureau's strategy toward determining regulation of open banking in the US.