Car IQ partners Visa to enable in-vehicle payments
Car IQ Pay vehicle wallet enables vehicles to have their own payment accounts to transact directly with merchants.
Consumer/Personal Finance
Alexander Weber departs as CGO of German challenger N26
Weber is departing the position to pursue his own entrepreneurial journey.
UK fintech Suits Me looks to revive face-to-face banking with new digital service
The service’s arrival is a response to the failings of chatbots.
Thieves make away with $20m from Revolut following payment flaw
Flaws in its US and European payment systems meant that some declined transactions were wrongly refunded.
Apple eyes credit card launch in India as partnership with Goldman may be nearing its end
Apple is reportedly exploring a partnership with HDFC Bank in India to roll out a credit card offering.
Mexico’s BanCoppel taps Temenos for core banking overhaul
Utilising Temenos’ core banking platform, BanCoppel aims to scale its operations and offer more banking services.
Humo and Credo Bank to pilot RTGS.global settlement service
The pilots will seek to streamline historically cumbersome cross-border settlement processes.
US fintech Clair lands $25m equity funding to power on-demand pay
The start-up has also secured a $150 million consumer lending program with banking partner Pathward.
UK EMI The Payment Firm set to launch this summer
Services are expected to include cross-border payments, merchant services and card issuance, among others.
Turkish fintech Papara acquires Spanish neobank Rebellion Pay
Papara calls the acquisition a “crucial step” in its European expansion strategy.
Jirnexu co-founders step down from leadership positions at the company
The company’s co-founder Hann Liew confirmed his and Lucas Ooi’s decision this week.
Mascoma Bank implements OnView deposit suite with VSoft partnership
Mascoma Bank will utilise VSoft’s Teller Deposit, Branch Deposit and ATM Deposit solutions.
Orange in exclusive negotiations with BNP Paribas as it looks to exit retail banking market
The move follows a strategic review of Orange’s banking business launched several months ago.
How SaaS and generative AI are positively impacting ‘experience thinking’
SaaS and generative AI are compelling the industry to concentrate on what users see and do.
What the FinTech? | S.4 Episode 10 | Collaboration and transformation
In this episode of the podcast, we speak with Simon Boonen, fintech partnership lead at ING.
ClearScore launches in New Zealand
ClearScore says it will be adding new financial partners in New Zealand over the coming months.
Mastercard and Bankiom to launch virtual prepaid cards across the GCC
With the partnership, Mastercard aims to drive digitalisation in the GCC payments landscape.
India’s Fino Bank taps Hubble to launch spending account
The spending account will be integrated with Fino Bank’s digital savings app, accessible on its mobile app FinoPay.
Japanese challenger Habitto launches mobile app
Founded in late 2021, Habitto has so far raised $7.3 million in funding.
UK budgeting app HyperJar names Louise Chan as COO
Chan joins HyperJar from international paytech firm Ebury, where she also served as COO.
Singapore’s Pepper Group eyes India launch with $150m investment
Pepper Money India will offer personal finance products to consumers and aims to launch second half of 2023.
Video: MSUFCU at FinovateSpring 2023 – Boosting financial inclusion in the US
We chat with MSUFCU’s Ben Maxim about how banks across the US can do more to tackle the wealth gap.
Iceland’s Kvika Bank taps Enfuce to revamp its payment services
Kvika Bank aims to offer its customers a range of card and mobile payment solutions.
US fintechs Boom and Finch secure funding
A handy round-up of the recent funding endeavours of fintech companies across the US.
Video: ICBA at FinovateSpring 2023 – How community banks can compete in a digital world
FinTech Futures speaks with Charles Potts, EVP and CIO at Independent Community Bankers of America (ICBA).
Does Apple hold the key to meeting your future self in VR?
What all VR headsets have failed to do so far is come up with a groundbreaking use case.
Video: Coastal Community Bank at FinovateSpring 2023 – Banking in the metaverse
We chat with Coastal Community Bank’s Barb MacLean about the future of the metaverse in financial services.
Money20/20 Europe: How open banking is paving the way for “limitless” data-led opportunities
Money20/20 Europe opened this year with a discussion on how open banking is driving global innovation.
New banking app Charlie aims to cater to retirees in the US
The start-up, which was founded in 2021 and launched nationwide last month, has raised a total of $7.5 million.
Financial wellness fintech Elifinty launches in UK
The “socially conscious” platform will leverage AI and open data to help people manage their debt.
ICYMI funding round-up: Credit Genie, EdfaPay and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Mexican fintech Stori secures $50m debt capital from CIM
For Stori, it is the second debt facility from CIM, following a $75m debt facility in November 2021.
Ant Group enables Alipay+ mobile wallet integrations in Thailand
The mobile wallets include Alipay HK (Hong Kong SAR), Kakao Pay (South Korea), and Touch ‘n Go eWallet (Malaysia).
Venmo launches account and debit card for teens
The account will be rolled out to select customers in June and will be “widely available” in the coming weeks.
MultiChoice partners Rapyd to launch new payments platform in Africa
The new platform, called Moment, will offer an expanded payment infrastructure for African businesses.
Mastercard announced as headline partner of Open Banking Expo Canada 2023
Open Banking Expo Canada is taking place in Toronto on 15 June 2023.
What the FinTech? | S.4 Episode 9 | The rise of bank payments
In this episode of the podcast, we’re joined by Ben Morfoot, Director of Product Management at GoCardless.
Cambodia’s Sathapana Bank taps Finbots.ai for enhanced credit risk management
CreditX will enable Sathapana Bank to build “high quality” credit risk scorecards and accelerate client onboarding.
Why is Apple taking a bite out of banking?
For Apple, maybe banking is just another brick in the wall, not the wall itself.
LatAm fintech start-up Kiwi secures $80m in funding
With the funding, Kiwi plans to introduce new products and reach more customers across US and Latin America.
