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The Financial Conduct Authority (FCA) has confirmed new rules which apply to certain types of open-ended fund investing in inherently illiquid assets such as property. The new rules apply to these funds, known as non-UCITS retail schemes (NURSs), but will not apply to other types of fund, such as UC

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Visa has launched an online portal giving fintechs access to its technologies and network. With the launching of the service, Visa said that fintechs can now easily access the right technologies, network and partners to grow their businesses with Visa.

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HSBC has launched a trade finance API which allows partner financial organisations and their clients observe the status of their bank guarantees in real-time, from their own platforms. The bank guarantee API is now being tested by ING and Standard Bank and it will allow partners to create their own

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