Every month, we put together a rundown of the news related to what is happening in the world of fintech. Enjoy.

MoneyGram’s Sale to Alibaba’s Ant Financial Blocked by US – The proposed acquisition was worth USD 1.2 billion, and the US government terminated the deal due to national security concerns. Read More

Visa Locks Down Bitcoin Payment Cards – Several major pre-paid cards that allow users to make payments and ATM withdrawals using their Bitcoin and cryptocurrency funds were suspended as of January 5. Read More

UK and EU Banks to Meet to Discuss Open Banking – Coming March, British and European banks will gather to assess the state of open banking and share insights as to which strategy is being adopted by the different parties. Read More

South Korea Withdraws from Cryptocurrency Trading Ban – Following the turbulences provoked by the Minister of Justice’s announcement, the government stated today no ban would be implemented in a near future. Read More

Insurance Ecosystems & Platforms – This recent research article by McKinsey & Company argues that Insurance companies have the opportunity to create new sources of revenue by rethinking their traditional roles and adopting an ecosystem mind-set. Read More

Bank of America is Getting PSD2 Compliant with API Gateway – The bank announced its API gateway on Wednesday. The purpose of the gateway is to aid connectivity to third-party services, such as enterprise resource planning and existing treasury management. Read More

Top Fintech Events to Attend in Europe in 2018 – After an eventful 2017 in Fintech, we begin another new year with fresh expectations as to how some of the hottest trends in the financial technology sector will unfold. With numerous events in the market and more to come, here are some key events you should be attending in 2018. Read More