February 3rd, 2015 – Stockholm/London: KnCMiner, the professional bitcoin mining company, announced a Series B investment of $15M led by Accel Partners with participation from existing investors Creandum, GP Bullhound and private investor Martin Wattin. Michiel Kotting, Partner at Accel Partners will join the company’s board, whilst Fred Destin of

At the Autumn Statement 2014 the UK government published the report ‘Data Sharing and Open Data for Banks’ written by the Open Data Institute and consultancy firm Fingleton Associates. The government committed to launch a call for evidence on how best to deliver an open standard for application programming interfaces

Italian banks have launched the Target-to-Securities project, T2S is a technical platform that will be offered to central securities depositories (CSDs) for the settlement in central bank money of both domestic and cross-border securities transactions. The development and future management of the platform has been entrusted to the central banks

YellowPepper, a Latin American pioneer in mobile banking and payment solutions, has landed $19 billion in a Series C round led by LIV Capital. Investors include Mexico Ventures, a program managed by Sun Mountain Capital (a US-based venture fund), Fondo de Fondos, International Finance Corporation / World Bank Group and

Peer-2-Peer released new figures today indicating that the P2P industry is responsible for more than £2.1 billion in loans during 2014, doubling in size since 2013. The number of lenders has increased by one third and borrowers have also increased by 90% according to the statement by Peer-to-Peer Finance Association

Tripp Levy PLLC, a new York based, leading national securities and shareholder rights law firm, announced last week that it is investigating Coinbase, Inc. for allegedly making false and misleading statements to prospective and current users of Coinbase’s Bitcoin Exchange regarding its business. On January 26, 2015, Coinbase announced that

Bitcoin exchanges, which were initially established to bypass unnecessary bank fees and regulation, are now seeking government approval. Bitcoin enthusiasts were originally driven by the fact that its value wasn’t tied to government policies or geopolitical factors. Last week cryptocurrency prices surged following the promises of licensing and regulation (30%

Outside the US, Google wallet users could only purchase Android apps and content previously. But starting this week Google has announced Gmail money transfer’s launch in the U.K. People in the UK will now be able to quickly and securely send money to friends and family in the UK directly

Payoff, Inc. Announced this week that founder, President and Editor-in-chief of The Huffington Post media Group, Arianna Huffington will be joining their Board of Directors. The board currently comprises of Mohamed El-Erian (Former CEO, Pimco), Joe Saunders (Former CEO, Visa), Sean Park (Founder & Chairman, Anthemis Group), Jim Lane (Former

IT spending in North American banks will get a serious push this year. Expected to grow about 4.5%, IT spending will reach $62.2 billion in 2015 from $59.5 billion in 2014. Growth will drop slightly in 2016 and is expected to reach $64.8 billion according to analyst firm Celent. The