This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. Libra, the ambitious crypto project spearheaded by Facebook, is facing mounting scrutiny from international regulators that are demanding more detail on the fledgling project, reports The Guardian. Randal Quarles, chair of the Financial Stability Board (FSB), which coordinates policy for G20 nations, said the social media giant's plan could force regulators to take a closer...

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. Business Insider Intelligence To receive the full story plus other insights each morning, click here . OakNorth, one of the UK's most valuable fintechs, has inked a five-year deal with Dutch incumbent bank NIBC to provide its credit analysis and monitoring platform to the lender, per Reuters. The fintech has declined to give financial details of the agreement with NIBC, which...

This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. Neobanks, digital-only banks that aren't saddled by traditional banking technology and costly networks of physical branches, have been working to redefine retail banking in major markets around the world. Driven by innovation-friendly regulatory reforms, these companies have especially gained traction in Europe...

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. The UK's Financial Conduct Authority (FCA), the country's financial watchdog, is proposing a ban on the sale of crypto derivatives to retail customers as it looks to curb risky financial products, reports Reuters. Explaining the proposed ban, which could begin in early 2020, the regulator said cryptos lack a reliable basis for valuation, while the secondary market for these...

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. Goldman Sachs has set its sights on supporting fintech challengers to Latin America's biggest banks, reportsBloomberg. The bank's special situations group, which invests in and lends to midsized firms, is looking to invest in fintechs across the region, Gaurav Seth, a partner at Goldman who leads the bank's business in the Americas, told the outlet. With over 1,100 fintech...