Exploring the ecommerce World of Asia with Cardpay
FinTech Futures sits down with Robert Ang, Cardpay’s general manager Asia.
Business-to-Business/B2B
Why start-up boards are here to stay
Start-up boards are often overlooked and underappreciated.
EXCLUSIVE: Oracle wins new core banking deals in Sudan, Somalia & Libya
Oracle has won and extended plenty of African deals in the past few months.
New challenges due to Open Banking and the benefits of instant payments
APIs are no longer seen as a difficult technical matter, but as a crucial building block.
UK SMEs chasing £50bn in late payments, fintech opportunity ripe
SMEs are on average chasing five outstanding invoices at any one time.
Standard Chartered “first” bank to offer public platform to track payment status
The bank is ready for Swift’s November 2020 payments confirmation deadline.
Financial management app Muse reveals £500k funding target
The fintech launched its app just a few weeks ago.
Challenger bank for British farmers Oxbury set to launch later this year
The launch comes at a time of prolonged Brexit uncertainty for British farmers.
The California Consumer Privacy Act kicks in
And it doesn’t look like anyone, even the state of California itself, is totally ready.
The desktop of 2020 and beyond
Clearly, these desktop application integration platforms need to evolve too.
UK challenger Supreme Fintech set to launch globally in February 2020
The start-up is gearing up for its 1 February 2020 launch.
UK fintech Rebank raises $2.8m seed round to help businesses bank
The start-up sits on top of businesses’ bank accounts.
Adflex CEO: Cards are definitely fighting back
Secure Remote Commerce (SRC) will disrupt the age old four-player system.
Three trends to watch in 2020
Red Hat dissects how 2020 will be a chance for banks to catch on to innovation.
Starling Bank partners with QuickBooks to sync up ledgers with transactions
Accounts ledgers will update automatically with each transaction.
Supplement: the 2019 fintech review
Ruby Hinchliffe dissects her top five 2019 fintech trends from this year’s top stories!
Hong Kong’s fintech WeLab raises $156 million to launch WeLab Bank in 2020
Backers included Alibaba’s Hong Kong Entrepreneurs Fund and China Construction Bank.
Token turns digital money solution into new paytech M10
M10 is building a “bank-grade digital money rail”.
Apple Card fees pinch retailers’ profits this Christmas
Supermarkets are taking a stand against the fees.
Open banking start-up Bud signs three-year deal with HSBC
The deal follows Bud’s huge staffing restructure and market change.
Plug and play platform FintechOS raises £10.7m
The start-up enables banks and insurance companies to compete with challengers.
Montréal’s FlexPay raises $6m in seed round
The fintech says 24% of recurring credit card transactions are falsely declined.
Brazilian fintech Cora raises $10m, founded by Wirecard company creators
Founders Igor Senra and Leo Mendes created MOIP which was bought by Wirecard in 2016.
How to choose the right jurisdiction for opening a company
Brigewest explores how the Middle East has become an attractive region for businesses.
Findexable report: London bests other European fintech hubs despite Brexit
San Francisco secured the top spot – up from eleventh place last year.
AvidXchange launches $300m private fundraising round which could reach $2bn valuation
Previous investors have included Mastercard and PayPal co-founder Peter Thiel.
BNY Mellon connects custody capabilities with SimCorp to improve data transparency
BNY Mellon and SimCorp expect mutual global clients out of the partnership
API builder Tink launches in Italy and Portugal, opens Madrid and Milan offices
Tink has bagged transaction data from 32 FIs across the regions.
TSB selects Iress Lender Connect to boost brokerage
Iress calls the deal the first it has signed with a “top tier” bank
LatAm Evertec acquires commercial payments enabler PlacetoPay
The acquisition is a gateway for Evertec to tap Colombia and Ecuador.
Starling Bank co-founder joins Winklevoss crypto exchange
Julian Sawyer set to lead Gemini’s European operations.
Fintech API platform Rapyd raises $20m and hits $1.2bn valuation
The company is gearing up to make two acquisitions.
German SME challenger Penta teams up with card reader SumUp to tap offline businesses
Penta is breaking out of its online-savvy customer niche.
Berlin’s Raisin partners with Credorax to offer its German users retail deposits
Raisin is the first – and currently the only – company to offer Credorax’s retail deposits.
Legal & General outsources more of its investment arm to Charles River
The firm is moving closer to a centralised, cloud-based platform.
Revenue-based financier Uncapped launches and secures £10m
The capital offering sits between debt and equity financing.
Video: Top fintech stories this week – 29 November 2019
FinTech Future’s weekly news round-up.
Russia’s Sberbank inks contract with driverless car tech firm
The Russian bank will challenge Yandex which currently has the monopoly.
Smartstream partners with Union Systems to tap Africa’s finserv space
Union Systems has a presence in 19 African countries.
Slovenia passes law requiring central bank to pay back 2013 losses
A build up of bad loans since the financial crisis saw investors lose out in 2013.
