How US banks can benefit by embracing open banking
President Biden recently announced plans to promote new rules to foster open banking in the US.
Banking
How can female leaders in fintech pave the way for the next generation of women?
Fintechs must create road maps for the next generation of women in this industry to follow.
Four fintech trends to watch in 2022 and beyond
The rise of Web3, instant checkout, and embedded finance are just a few reasons 2022 will be a pivotal year for fintech.
2021: Top five new fintechs and neobanks
FinTech Futures takes a look back at some of the year’s top new fintechs and neobanks.
The state of the API economy
The has been a significant shift away from viewing APIs merely as developer-led internal bits of technology.
2021: Top five core banking deals
FinTech Futures takes a look back at some of the year’s top core banking deals.
Five technology trends reshaping the banking landscape in 2022
As we head into 2022, let’s take a look at the technology trends set to reshape the landscape for banks.
2021: Top five fundraises
FinTech Futures takes a look back at some of the year’s most eye-catching funding rounds.
How does the open banking initiative turn into a revolution?
For open banking to really flourish, it must address issues relating to consumer awareness.
What the FinTech? Podcast | Season Two’s Jailed Buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
2021: Top five mergers and acquisitions
FinTech Futures takes a look back at some of the year’s top mergers and acquisitions.
2022: A tipping point for fintech
2022 is set to be a blockbuster year for fintech, with a number of key themes driving the industry’s growth.
New neobank for couples Fibbl launches in India
The Bangalore-based Fibbl bills itself as a neobank for couples to manage money as a team.
NEAR Foundation hires fintech veteran Marieke Flament as CEO
Flament leaves her role as CEO of digital banking app Mettle by NatWest to join the Swiss foundation.
Bank Indonesia launches real-time payments infrastructure to broaden financial inclusion
The new payments system will form the “backbone” of a broader retail payment system infrastructure.
Igor Kuschnir steps down as MD and CFO of Penta
Kuschnir joined Penta in 2017 following stints at Franzen and Company, Citi and Morgan Stanley.
PRA fines Standard Chartered £46.55m for reporting failures
The penalty is the PRA’s highest ever fine in a PRA-only enforcement case.
Fiserv tapped by San Francisco community bank to provide real-time payments integration
Community Bank of the Bay will utilise Fiserv’s Payments Exchange: RTP solution.
ING announces exit from French retail banking market
The firm has been active in the French retail banking market since 2000.
New Jersey’s Manasquan Bank taps Bakkt for crypto services
The bank will take part in Bakkt’s “early adopter program”, set to launch in Q2 2022.
The (deliciously delayed) pernicious effects of “managing up”
Don’t manage up. Don’t treat your trench buddies like they’re expendable. Be a good colleague at all times.
Apiture to provide Xpress core banking solution for Missouri’s First State Bank
The 150-year-old bank will migrate its legacy digital banking solution.
British Business Bank backs SME-focused lender Simply with £300m funding line boost
Simply has provided £650 million worth of support to businesses since it was founded in April 2017.
FCA fines HSBC £64m for failings in its AML processes
The FCA says HSBC’s transaction monitoring systems showed “serious weaknesses” between 2010 and 2018.
Digital asset infrastructure provider Anchorage raises $350m in Series D round
The round, led by global investment firm KKR, values Anchorage at over $3 billion.
Canada’s BMO acquires Bank of the West from BNP Paribas in $16.3bn deal
BMO describes the acquisition as the “natural next step” in its North American growth strategy.
Challenger banking player Monese makes its first acquisition
Monese has acquired Trezeo, a specialist financial services platform for the self-employed.
Indian paytech Razorpay raises $375m, plans international expansion
Razorpay’s Series F funding round now values the firm at $7.5 billion.
Unlocking the digital potential of financial services through predictive analytics
Integrating the best of human and machine intelligence allows organisations to be better prepared.
Why start-ups, not incumbents, will be the engines of post-pandemic SME growth
Many lendtechs are looking to leverage the digital revolution to help drive post-pandemic recovery in the UK.
AIB signs €65m deal with IBM for hybrid cloud transformation
IBM will help the bank achieve its 2023 digital transformation strategy goals.
SweepBank launches in Europe to provide “Netflix experience” in banking
SweepBank is underpinned by Tuum’s core banking platform.
Polish subsidiary of ING opts for Thought Machine’s core banking tech
ING Bank Śląski is now live on Vault for a new consumer lending product.
India’s Open buys neobanking start-up Finin in $10m deal
Open CEO Anish Achuthan says the acquisition will complement his firm’s BankingStack enterprise offering.
Fintechs are from Venus, banks are from Mars – and VCs can be the matchmaker
Despite belonging to the same universe, the differences between fintechs and banks can at times seem vast.
Video: fintech news pick of the week – NatWest, Tyme & Uni
Our top pick of news from the world of finance and tech in bitesize video format, every week.
FinTech Futures Jobs: Three great jobs to apply for before Christmas
Exciting open vacancies at Seedrs, Monzo and Klarna. Apply today!
NatWest and TrueLayer conduct first series of variable recurring payment transactions
NatWest is the first of the nine largest UK banks to conduct VRP transactions in a live environment.
Russian digital bank Tinkoff taps Finastra for Asian expansion
Finastra’s Fusion Essence Cloud solution will power the bank’s planned subsidiary in the Philippines.
Carbon as a currency
Linking currency to carbon could open the door to a better and more sustainable economy.
