A study found banking customer attrition of 5.5% in 2019 in Europe, up from 4.8% in 2018. This trend is likely to continue after the crisis.
The German financial group and the tech giant's cloud services arm plan to sign a multi-year contract within the next few months.
Latest survey by Finance Innovation and 99 Advisory of 613 start-ups found that the sector is resilient, but one third of respondents said they wanted to shift toward new markets or sectors.
The Principality is looking at ways of setting a local digital coin exchange platform.
The Investment Association (IA) has just launched the third cohort of its industry-promotion incubator.
Binance’s platform, regulated by the UK’s Financial Conduct Authority (FCA), will enable buying and trading crypto currencies in British pounds (GBP) and Euros (EUR) for retail and institutional investors in the UK and Europe.
Financial start-ups have missed out on an estimated £1.2m on average in venture capital funding during the health emergency.
New research from Fidelity Digital Assets revealed that six out of 10 institutional investors in the US and Europe believe that digital assets have a place in their investment portfolio.
The Bank of Lithuania plans to issue 24,000 blockchain-based digital tokens and 4,000 physical silver collector coins.
