Former UniCredit execs launch Aidexa to service Italian SMEs
The bank aims to win over some of the seven million small businesses in Italy.
Banking
Neobank Mercury aims to serve US start-up scene
Founded in 2017, the bank has raised $26m so far.
Opportunity costs for cynics
The only new opportunity COVID gives us is to be honest about the opportunities we missed.
UK BaaS provider Griffin lands £6.5m to fund banking licence
Ex-Airbnb software engineer David Jarvis leads Griffin.
If consumers welcome new payment options, why are they slow to adopt them?
The world of payments continues to evolve, but are consumers evolving with it?
Nasik Islamic Bank goes live with BML Istisharat core system
BML deployed the ICBS core platform in four months.
HSBC Private Banking loses global innovation head Diana Biggs
Biggs steps down from her role after three and a half years at HSBC.
MSU Federal Credit Union built its own app in 2009 – where is it now?
MSU holds around $5.5 billion in assets and is America’s 48th largest credit union.
PNC buys BBVA’s US arm for $11.6bn creating America’s fifth-largest bank
PNC expects the acquisition will generate around $900 million in cost savings.
SBM Bank India plans challenger for emerging affluent market
SBM is partnering up with PayNearby for its initial stages.
Temenos wins new US customer in de novo bank ACDC
ACDC is in the process of applying for a banking licence in the US.
French telecoms firm launches prospective challenger bank
Noelse is still in the very early stages of development.
Innovation in Retail Banking Report 2020
Responses from 750+ senior bankers the world over with a focus on adapting to changes brought on by COVID-19.
PayNearby turning India’s small-time retailers into ATMs and bank branches
“I wanted to take high-end tech to the bottom of the pyramid,” says CEO.
Coconut searching for new CTO
Allistair Crossley leaves after three and a half years at the fintech.
Hampshire Trust Bank picks Centelli for lending RPA solution
The bank aims to reduce manual processes.
Report: Three key strategies for customer experience success
In-depth industry report on customer experience, featuring expert insights from Mettle, HSBC & Northwestern Mutual.
Video: Top fintech stories this week – 13 November 2020
FinTech Futures’ weekly news round-up.
Chinese regulator continues to clamp down on dominant fintech players
The CBIRC’s Liang Tao warned fintech lenders at a conference in Beijing this week.
UK BaaS Railsbank lands $37m for US credit expansion
“Railsbank [is] set out on a mission to be a truly global platform.”
Standard Chartered signs five-year cloud deal with AWS
The bank deepens its relationship with cloud hosting giant.
Banking Technology November 2020 issue out now
Without limits: The Barclays accelerator races ahead
Neobanks may have lost their shine, but the fintech revolution is far from over
Now, a few years on from what seemed like an unstoppable rise, things aren’t quite so rosy.
Fintech execs race towards workplace diversity
Divido’s Christer Holloman launches Fintech Finishers to raise D&I awareness.
Nigerian challenger bank Kuda raises $10m in seed funding
Kuda completes the largest seed round in Africa.
Let them eat cake
The pay-off in building a bank for the future vs the short-term gains of playing it safe is worth every single bite.
Sber talks Big Tech strategy two years on from Yandex rebuff
“People think we just bought a load of start-ups and slapped our name on them,” says CTO.
Brazilian malware Ghimob targets 153 financial apps
Kaspersky researchers believe the malware is ready for a world tour.
Australia Post signs business lending tie-up with Valiant Finance
Aussie businesses can now get loans from their local post office.
The pursuit for equality
I decided I wanted to play a part in empowering women and other underrepresented individuals.
Webinar: Winning over senior management with a low-code approach to digital transformation
Real use cases for low-code and why using it for in-house development is a viable alternative to using third-party products.
Webinar: Managing data today – real time, real AI, real application
Learn how effortless it is to transform your operations and take data processes to the next level.
ING subsidiary Payvision accused of pushing €131.2m in fraudulent payments
ING acknowledges the claim, but cannot comment further at this time.
HSBC launches Global Money account in US to rival fintechs
The bank’s aim behind the new service is to create “one global account”.
EXCLUSIVE: Bank of Ireland planning UK tech revamp
Irish lender aiming to switch things up for its UK operations.
BBVA taps Amazon and Bloomberg for cloud-based equities platform
Spanish giant launches “BBVA C-fit” for its corporate banking division.
Brazil prepares launch of new regulatory sandbox
Country’s central bank wants “integrity, reliability, and security” from participants.
Why COVID-19 could spur the next phase of bank branch evolution
This shift in the function of bank branches has been underway for decades.
Three UK fintechs raise over $100m in funding this month
Starling, Curve and GoCardless are raising rounds in excess of $100m.
Breaking down banks
Any one of these layers may have its own technical architecture or even be a separate business.
