US fintech Current launches platform API with Plaid as first partner
Current’s platform API enables fintechs to build embedded financial services solutions quickly and easily.
Customer Experience/CX & User Experience/UX
CommBank-backed money app Kit enters trial phase
Kit is available in trial mode to 5000 people living in Australia.
Finovate Spring 2022: The changing landscape of financial services
Digital innovation is one of the key talking points at this year’s conference.
Nude partners GoCardless to deliver VRP inter-account payments
Via the GoCardless network Nude will be among the first in the UK to leverage Variable Recurring Payments (VRP).
Hawaii State FCU taps Lumin Digital to enhance banking services
Hawaii State FCU will go live on Lumin Digital’s platform in June 2022.
NatWest Group fined £1.82m for overcharging credit card interchange fees
NatWest, RBS, Ulster Bank and Coutts incorrectly treated a number of cards as being ‘commercial’ cards.
Santander uses in-house cloud tech to digitise core banking
Santander expects to fully complete the transition within the next two to three years.
Wealthtech TIFIN doubles valuation with $109m Series D
Global investment manager Franklin Resources and fintech-focused investment firm Motive Partners participated.
FinTech Futures: Top five stories of the week – 13 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Vietnam’s Saigon-Hanoi Bank taps Temenos for digital upgrade
SHB will leverage Temenos’ open architecture to deliver personalised and AI-supported customer journeys.
Emotional connection in customer experience
Many digital financial services lack a “human heart”. And that should be something that worries the industry.
UK government unveils new law to protect access to cash
Economic secretary to the Treasury John Glen says: “We know that access to cash is still vital for many people.”
Egyptian B2B paytech Paymob raises $50m Series B
The Series B round, the largest fintech Series B in Egypt, was led by Kora Capital, PayPal Ventures and Clay Point.
US Bank partners fintech LiquidX to speed up supply chain transactions
The collaboration seeks to address supply chain financing friction and cashflow challenges.
Ohio’s KeyBank acquires Philly fintech firm GradFin
Founded in 2015, GradFin offers advisory solutions for people wanting assistance with their student loan debt.
Yapily to acquire fellow open banking firm finAPI
The deal is subject to regulatory approvals and is expected to complete in H2 2022.
MDI aims to become Egypt’s first fully digital bank
MDI aims to drive financial inclusion within Egypt.
New small business payments platform Hopscotch seeks to make invoicing hassle-free
Hopscotch, founded in June 2021, has raised nearly $10m from 12 investors.
Aussie fintech for farmers AgriDigital raises $17.4m
The round, a mix of debt and equity, was led by a local fund.
New Glasgow-based trading app Strikes prepares for launch
Founded in 2021, the start-up aims to help retail options traders save time and money.
ConnectOne Bank partners Nymbus to offer digital business banking
ConnectOne plans to launch the new digital business banking vertical by the end of the year.
FinTech Futures Industry Survey & Report 2022
A deep-dive into the trends defining 2022 and beyond, based on a comprehensive survey of the industry.
Report: Digital transformation and trends in financial services
The future of the financial industry, including a shift back to office, fraud prevention, and regulatory compliance.
FinTech Futures Jobs: Three new roles if you’re considering a great resignation
Exciting open vacancies at Hazy, Xero and LSEG. Apply today!
Deloitte hires Bob Savino to offer new BaaS solution for financial institutions
Savino will head up a fintech start-up team as the consultancy looks to bring a new BaaS solution to market.
First Bank partners Finzly to offer payments services to business customers
First Bank says Finzly’s Payment Hub “gives us the speed and agility to offer a fintech-like payment experience”.
NatWest partners paytechs to offer new payment option via Variable Recurring Payments
The “industry first” deal will allow for transactions to be conducted near instantaneously.
UK credit fintech Pillar raises £13m pre-seed round
The round, led by Global Founders Capital and Backed VC, saw participation from a number of angels.
Salt Edge partners Azimut to launch investment app Beewise
The partnership will enable Beewise users to connect their existing bank accounts securely to the new app.
First United Bank & Trust taps Finotta for personalised mobile banking
First United says the partnership will support its “vision to elevate 10 million lives by the year 2030”.
Truist snaps up Gen Z-focused personal finance app Long Game
Under the deal, Long Game’s engineers, designers and business leaders will join Truist’s innovation team.
Payroll fintech Symmetrical.ai raises $18.5m in Series A funding
The round saw participation from Target Global, Global Founders Capital, Finch Capital and Partech, among others.
SEB lands first BaaS customer with Humla partnership
Fintech start-up Humla will be powered by a BaaS platform developed by SEB’s innovation studio SEBx.
FinTech Futures Jobs: Here’s why you should check out these fintech jobs
Exciting open vacancies at Tendable, Seedrs and Xero. Apply today!
Another brick in the wall: how Bloom is helping teens build financial literacy skills
Bloom enables teenagers to start building wealth by investing in the stock market and learning about finances.
What the FinTech? | S.3 Episode 6 | Passwordless is more
In this episode, we’re joined by David Vergara, senior director of product marketing at OneSpan.
Banque Saudi Fransi and DSK Bank tap Backbase to revamp digital customer experiences
Both financial institutions are set to implement Backbase’s Engagement Banking Platform.
Webinar: What are the top trends and technologies transforming financial services?
Game-changing technologies, including cloud, AI/ML, containers, APIs, and blockchain, and adoption strategies.
MoneyGram sued by CFPB and NYAG for allegedly “leaving families high and dry”
MoneyGram responded to the “baseless claims”, adding it is “fully prepared to vigorously defend itself”.
Mirabaud selects Temenos and Wealth Dynamix for digital transformation
Mirabaud’s planned digital transformation programme will take several years to fully implement.
