The key motivation behind Pockit is to give banking-style services, and the power of e-commerce, to the financially underserved. Fintech has the ability to transform financial services - we're committed to using it to serve the social good too.
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Fintastico Team
12 months
https://www.fintechfutures.com/2021/05/pockit-c...
Pockit customer forced to send bailiffs in battle for locked funds
A customer of UK fintech Pockit, which raised half a million in its crowdfunding debut in December, has sent bailiffs round to the company’s office.
Fintastico Team
1 year, 1 month
https://www.finextra.com/newsarticle/37853/how-...
Fintastico Team
1 year, 2 months
https://www.finextra.com/newsarticle/37565/the-...
The Kalifa Review’s five-point plan to bolster UK Fintech
The long awaited Kalifa Review of UK Fintech has been released, outlining a comprehensive plan to support and bolster the sector’s significant presence across the globe. Led by Ron Kalifa OBE, the in-depth review was launched almost a year ago as a component of Rishi Sunak’s first budget.
Fintastico Team
1 year, 8 months
https://www.fintechfutures.com/2020/08/railsban...
Railsbank frontrunner to purchase Wirecard Card Solutions - FinTech Futures
Railsbank has emerged as the frontrunner to acquire the UK operations of discredited German payments group Wirecard. The purchase will be final in November.
Fintastico Team
1 year, 9 months
https://thefintechtimes.com/review-on-fcas-shut...
Review on FCA's Shutdown of Wirecard Card Solutions Published by EPA | The Fintech Times
The Emerging Payments Association (EPA), which celebrates collaboration and innovation across the emerging payments industry, has today launched a review paper, ‘Avoiding a payments lockdown’, to present to the Financial Conduct Authority (FCA) and the Treasury following the shutdown of Wirecard Card Solutions Limited.
Fintastico Team
1 year, 9 months
https://www.crowdfundinsider.com/2020/07/164640...
UK Fintech Flex to Launch Money Management App to Help People Solve their Financial Problems
UK Fintech firm Flex is planning to launch a money management app to help people solve their financial problems.
Fintastico Team
1 year, 9 months
https://www.crowdfundinsider.com/2020/07/164640...
UK Fintech Flex to Launch Money Management App to Help People Solve their Financial Problems
UK Fintech firm Flex is planning to launch a money management app to help people solve their financial problems.
Fintastico Team
1 year, 9 months
https://www.fintechfutures.com/2020/07/new-uk-f...
New UK fintech Flex founded by former Pockit employee - FinTech Futures
Flex, a new money management service based in the UK and founded by a former Pockit staffer, has introduced itself to the fintech world.
Fintastico Team
1 year, 9 months
https://www.altfi.com/article/6865_new-money-ma...
New money management app Flex bursts onto the fintech scene - AltFi
The money management app claims to be “an account on steroids.”
Fintastico Team
1 year, 10 months
https://www.finextra.com/blogposting/19012/outa...
Outages caused by Wirecard show that the time to look at multi-acquiring is now
The retail and ecommerce industry has already seen a number of significant unexpected events to cont...
Fintastico Team
1 year, 10 months
https://www.businessinsider.com/fintech-apps-ti...
When regulators suspended Wirecard's UK arm, payments to its fintech partner accounts bounced. The suspension has lifted — but for some, the money is still missing.
Some UK account holders are still waiting for cash that bounced from their accounts when the German fintech firm Wirecard filed for insolvency.
Fintastico Team
1 year, 10 months
https://sifted.eu/articles/regulator-safeguardi...
Calls for UK regulator to step-up after Wirecard fintech fallout | Sifted
Fintech founder says better rules around e-money institutions may have prevented Wirecard disruption
Fintastico Team
1 year, 10 months
https://www.crowdfundinsider.com/2020/07/163555...
Crypto Industry Slams Wirecard and Misplaced Funds: 'You don’t get what you expect. You get what you inspect.”
Wirecard AG (WPI:DE) has emerged as one of the most embarrassing financial debacles in years in Germany. The implosion of the Fintech has demolished the reputation of the former CEO Markus Braun who was subsequently arrested following the revelation of €1.9 billion in missing funds.
Fintastico Team
1 year, 10 months
https://www.financemagnates.com/cryptocurrency/...
What Does Wirecard's Shutdown Say About Fintech's Systemic Weaknesses? | Finance Magnates
Wirecard's UK subsidiary temporarily shut down by the FCA, revealing a number of structural weaknesses in fintech. What now?
Fintastico Team
1 year, 10 months
https://www.fintechfutures.com/2020/07/wirecard...
Wirecard’s UK subsidiary WCS: missed red flags - FinTech Futures
Wirecard’s UK subsidiary, Wirecard Card Solutions (WCS), is now under the microscope following the collapse of its parent.
Fintastico Team
1 year, 10 months
https://www.fintechfutures.com/2020/06/fca-lift...
FCA lifts restrictions on Wirecard Card Solutions - FinTech Futures
Wirecard Card Solutions has had its restrictions lifted by the Financial Conduct Authority (FCA) and can resume payment activities.
Fintastico Team
1 year, 10 months
https://thefintechtimes.com/fca-gives-green-lig...
FCA Gives Green Light to Wirecard Customers and Stops Freeze on Accounts
Late on Monday night, the Financial Conduct Authority (FCA) revealed it had worked with Wirecard Card Solutions to lift its restrictions from this morning.
Fintastico Team
1 year, 10 months
https://www.pymnts.com/news/security-and-risk/2...
Fintastico Team
1 year, 10 months
https://www.pymnts.com/news/security-and-risk/2...
UK Watchdog Says Wirecard Assets To Stay Frozen | PYMNTS.com
The Financial Conduct Authority said Wirecard AG was correcting issues raised by the $2.1 billion accounting scandal, but restrictions will stay.
Fintastico Team
1 year, 10 months
https://www.cnbc.com/2020/06/29/wirecard-scanda...
Wirecard scandal hits UK consumers as online banking apps freeze accounts
The Financial Conduct Authority ordered Wirecard's U.K. unit stop carrying out regulated activities.
Fintastico Team
1 year, 10 months
https://www.fintechfutures.com/2020/06/curve-ge...
Curve gets services back online over weekend - FinTech Futures
Curve, the UK fintech which consolidates multiple cards into one, worked tirelessly this weekend to get its services back up and running.
Fintastico Team
1 year, 10 months
https://www.americanbanker.com/morning-scan/fdi...
FDIC looks to ditch call reports; Wirecard’s long-time auditor under fire
The agency wants more timely information on the banks it supervises; investors filed a criminal complaint against Ernst & Young, calling their work “a disaster” for failing to expose the scandal.
Fintastico Team
1 year, 10 months
https://dailyfintech.com/2020/06/29/the-2-billi...
Wirecard's $2 billion disappearing act - Daily Fintech
On January 7th, 1918 Harry Houdini performed his “Vanishing Elephant” illusion where he was able to make a 5 ton elephant disappear before the eyes of a packed theatre in New York. But what Wirecard to pull off, even Houdini couldn’t have managed. Wirecard is a payment processor. Their mantra was simple, to build […]
Fintastico Team
1 year, 10 months
https://finance.yahoo.com/news/uk-fintech-firms...
UK fintech firms forced to suspend services after Wirecard collapse
Customers of several British digital finance companies were unable to make payments or access their money on Friday after the collapse of German payments firm Wirecard caused disruption across borders. Wirecard's implosion on Thursday, owing creditors almost $4 billion, led Britain's Financial