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For FinTech And FIs, APIs Everywhere (It Seems)

PYMNTS

To that end, collaborative efforts between banks and FinTechs are on the rise, where joint programs seek to hasten the availability of technology that dovetails with open banking. The company has invited FinTechs and other entities, including “established players,” to work with Deutsche.

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Singapore Provides ‘Springboard’ To Asian Markets For FinTech

PYMNTS

Singapore’s FinTech scene is booming: Funding for the burgeoning sector in the island country topped nearly a billion dollars in 2017, reaching $983.6 Hong Kong, by comparison, saw $596.8 million in funding for FinTechs at the time. Singapore overtook Hong Kong in FinTech funding in 2016. million that year.

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Bitcoin Daily: SEC Freezes Crypto Firm?s Assets, Alleging It Stole $12M From Investors; Hong Kong: 39 Pct Of New FinTechs There Are Blockchain Firms; Coinbase Eyes Selling Blockchain Analytics To IRS, DEA

PYMNTS

The scheme by the “Modern Money Team,” as Putnam referred to the entire operation, was reportedly to offer investors “cryptocurrency trading packages” they had purchased, which could have ostensibly been used for “arbitrage” opportunities at Bitfinex. The group managed to get $12 million from 2,000 investors, Coindesk reports.

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Singapore’s Credit Culture Snags $29 Million In Funding

PYMNTS

Singapore-based FinTech startup Credit Culture has secured $29.4 Credit Culture, which was started by former bankers, is going to use the money to grow its operational abilities. Credit Culture, which was started by former bankers, is going to use the money to grow its operational abilities. Hong Kong, by comparison, saw $596.8

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SMB Alt-Lending Gears Up For Another Industry Shakeup

PYMNTS

and other nations around the world as a result of the global pandemic continues to draw comparisons to the 2008 financial crisis — so it’s only natural that analysts may turn to the past in an effort to predict what could lie ahead. But that’s not to say that these FinTechs have a certain path ahead. The More Things Change.

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Experian Eyes Asian Market With Purchase Of Malaysia Credit Bureau Firm

PYMNTS

The acquisition of a controlling interest in RAMCI further extends Experian’s position in Asia Pacific, adding a fourth credit bureau to our operations in the region. In August, Experian led a $20 million funding round in Asian FinTech firm CompareAsiaGroup.

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iwoca Integrates With Funding Options, Funding Xchange

PYMNTS

In another statement, Funding Options Chief Product Officer Alastair Preacher said faster decisions in the small business loan application process are “an excellent example of FinTechs making a real difference at the grassroots of U.K.

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