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.
Customer Experience/CX & User Experience/UX
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.
UniCredit and Mastercard expand payments innovation partnership
The multi-year arrangement aims to deliver a single card multi-market strategy of significant scale.
Why is Apple taking a bite out of banking?
For Apple, maybe banking is just another brick in the wall, not the wall itself.
US LGBTQ+ neobank Daylight to close down
The final day of Daylight’s banking operations will be 30 June.
FinovateSpring 2023: The top trends shaping the future of financial services
This year’s FinovateSpring conference has put digital transformation and innovation at the top of the agenda.
Digital banking group Tyme lands $77.8m in pre-Series C funding
Existing investor Tencent also increased its stake to become Tyme’s third-largest stakeholder.
Australian government set to regulate BNPL industry
Australia aims to introduce the final BNPL bill in the parliament by the end of 2023.
HSBC unveils AI Markets for institutional investors and corporates
AI Markets “has been built from the ground up with user experience in mind”, HSBC says.
India’s PhonePe secures another $100m from General Atlantic
With the latest funding, PhonePe has raised a total of $850 million in the current round.
Sonata Bank taps Plinqit to help restaurant workers meet savings goals
Through the partnership, Sonata will provide customers with ways to save and plan for future financial needs.
Airbnb taps Stripe to enable bank payments for US customers
The feature will be available for customers with a US bank account.
American Bank & Trust taps Marstone for digital wealth management offering
With the partnership, the bank aims to retain existing client deposits and attract new retail bank customers.
Meridian Bank taps Corserv to launch business credit card programme
With Corserv, Meridian Bank will be able to offer credit cards with a variety of APRs, rewards and features.
Spain’s CaixaBank partners Google Cloud to drive digitalisation
The partnership will see the bank leverage Google Cloud’s cloud computing, data analytics and AI/ML capabilities.
Financial health app VeraScore names Scott Waldron as new president
In his new role, Waldron will lead VeraScore’s business development and customer acquisition strategies.
Westpac New Zealand taps Finastra to accelerate ISO 20022 compliance
Finastra says its tech will enable the bank to leverage the benefits of ISO 20022’s data-rich MX messaging format.
Credit union North Carolina SECU selects NCR for digital banking upgrade
Using NCR Digital Banking, SECU will be able to upgrade its mobile and online banking capabilities.
Tilta taps Mambu to launch embedded purchase lending solution
Tilta’s infrastructure for e-commerce marketplaces allows them to earn a percentage of every transaction.
Procurement fintech Zip secures $100m Series C funding at $1.5bn valuation
Founded in 2020, Zip helps companies streamline B2B purchasing and manage business spend.
Barbados challenger Sagicor Bank launches on Mbanq’s BaaS platform
Through Mbanq, Sagicor Bank aims to offer customers “branchless” digital financial services.
UK pensions fintech Smart lands $95m Series E funding
Smart plans to use the funds to expand globally, complete acquisitions and invest in its Keystone platform.
Dopamine, BNPL and subprime lending
How can BNPL be structured to serve consumers better and help them be more responsible?
Join the elite panel of judges for Banking Tech Awards 2023
Apply to become a judge for the Banking Tech Awards 2023!
Accuro selects Objectway to power new wealth management platform
The new solution is built on the vendor’s Objectway Platform offering, hosted on the cloud.
Kenya’s Fingo partners with Ecobank to launch neobanking app
The app aims to boost financial inclusion for young people in Kenya.
WhatsApp partners Stripe to enable in-app business payments in Singapore
With the new feature, Singapore customers and businesses can now buy and sell directly in WhatsApp chats.
Stripe unveils embeddable fiat-to-crypto onramp for Web3 businesses
The onramp has built-in fraud tools and identity verification to meet KYC and compliance requirements.
LSEG and Barclays team up in multi-year data and digital push
LSEG will proffer access to its data and insights, as well as support Barclays’ digitalisation journey.
Patient billing platform Inbox Health lands $22.5m Series B
With the funding, Inbox Health plans on accelerating its growth by reaching out to more patients.
Online banking start-up Slash launches from stealth with $19m in funding
Slash claims over 20,000 entrepreneurs have signed up to its platform.
Apple’s new savings account sees $1bn in deposits within one week of launch
Forbes reports the savings account attracted $400 million in deposits on launch day alone.
LatAm paytech start-up Liquido launches from stealth with $26m in funding
The firm says its payments infrastructure will “modernise and democratise” digital payments for LatAm businesses.
Loughborough Building Society taps Finastra for digital banking and analytics solutions
The company will deploy Finastra’s Essence and Retail Analytics offerings.
US paytech Finix is now officially a payments processor
The Infrastructure-as-a-Service firm now has direct connections to all major US card networks to process payments.
Uber expands Stripe partnership to give users more ways to pay
The collaboration makes Stripe the global payments partner for Uber across many of its top markets.
Banking on SMBs: How Rauva aims to bridge the business app gap in Portugal
FinTech Futures speaks with Rauva founder Jon Fath about the company’s launch and future plans.
Egypt’s Taly taps BPC to power digital payment services
Taly aims to broaden financial inclusion and boost digitalisation in the country.
US digital banking platform Greenwood acquires neobank Kinly
The acquisition marks Greenwood’s third over the last year.
First Citizens Bank of Iowa and Minnesota moves to the cloud with Finastra
Finastra will migrate the bank’s Fusion Phoenix core solution from on-site hosting to the cloud.
