Top fintech stories this week – 9 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Klarna bags $460m equity funding 
It’s now the most valuable EU fintech with a valuation of $5.5 billion.
Federal Reserve reveals real-time payment system plans
FedNow will be available to all US-based banks by 2024.
Almost half a million Monzo customers affected by data breach
The data leak allowed staff engineers access to PINs stored in encrypted log files.
Western Union and MoneyGram report losses
Western Union is chopping its workforce by 10%.
Robinhood gets greenlight from FCA to launch trading app in UK
The 2013-founded Silicon Valley start-up offers a cheaper way to buy and sell US stocks and shares.
Tags: Banking, Business-to-Business/B2B, Challenger Bank, Compliance, Corporate & Commercial Banking, Cybersecurity, Data & Analytics, Digital, Financial Services/Finserv, Innovation, Investment & Funding, Investment, Asset & Fund Management, Mobile, Risk Management, Software-as-a-Service/SaaS, Trade Finance, Trading Technology FCA, Federal Reserve Bank, FedNow, Klarna, MoneyGram, Monzo, Robinhood, Western Union BankingTech, FinTech, LendTech, PayTech, RegTech News Europe, North America
