Enterprise tech provider NCR buys open banking IP from UK fintech Spoke
NCR says the deal will accelerate its push into open and international digital banking.
Data & Analytics
Funding pours into rapidly growing climate fintech scene across Europe and US
Climate fintech start-ups raised $1.2 billion in 2021, according to figures from CommerzVentures.
Payoneer taps cybersecurity firm ThetaRay for AI-powered transaction monitoring
Payoneer will deploy ThetaRay’s Sonar solution from Q2 2022.
Disrupting the status quo: how low-code process automation can accelerate hyperautomation
Hyperautomation allows employees to focus on core business processes that provide more value.
India’s CredAvenue hits unicorn status with $137m Series B round
CredAvenue will use the cash to invest in artificial intelligence, machine learning and data analytics.
Payroll API fintech Atomic secures $40m Series B funding
Atomic wants customers to be able to invest, save and accrue wealth by “unlocking the power of their paychecks”.
UK fintech funding round-up: Delio, Detected, Kolleno, Nosso, Strabo, & Yimba
A handy round-up of the recent funding endeavours of UK-based fintechs.
Ireland’s An Post partners Tink to provide money management services
Tink’s technology provides insights to help An Post customers improve their financial health.
Banking Tech Awards 2022 now open for nominations
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
Lloyds partners fintech Bink to create unified customer loyalty programme solution
Lloyds has also made an equity investment for a minority stake in Bink.
Swedish challenger Rocker introduces fingerprint sensor biometric payment card
Rocker’s biometric payment card is the first of its kind in Sweden.
Aussie SME financial management platform Thriday set to launch in beta
Thriday was set up to tackle “the poor quality of financial management solutions offered to small businesses”.
BNY Mellon first GSIB to integrate Chainalysis crypto compliance software
BNY Mellon is building a multi-asset digital custody and admin platform for traditional and digital assets.
TSB partners ID verification firm Onfido to streamline onboarding process
TSB says customers can now open accounts and access mobile banking in 10 minutes.
AI-first infrastructure provider SeMI Technologies closes $16m Series A
“We represent a third wave in database technology,” says CEO Bob Van Luijt.
FinTech Futures Jobs: Three really exciting jobs to apply for this week
Exciting open vacancies at Monzo, HSG and Tendable. Apply today!
U.S. Bank partners Microsoft for cloud banking tech upgrade
Microsoft says financial services organisations need to become more digital to meet customer demands.
GB Bank taps TruNarrative for fraud detection and customer onboarding
GB Bank says the partnership will reduce friction in customer journeys and enhance its risk mitigation.
Squirro signs European Central Bank, buys open.exchange, raises $4m
Zurich-based Squirro has raised $4m in equity funding from capital investment firm BuildGroup.
ING’s chief data officer steps down
Aniruddha Paul spent 15 years in various senior roles at ING.
FinTech Futures Jobs: Three companies that are hiring this spring
Exciting open vacancies at Hazy, Starling Bank and Monzo. Apply today!
US fintech start-ups Airbase, Genesis Volatility, and Tilled raise funds
A handy round-up of the recent funding endeavours of three US start-ups in the fintech space.
Standard Chartered’s SC Ventures launches supply chain finance platform
SC Ventures says TASConnect will unlock “significant value” for organisations.
Finovate supplement: stand out and showcase your brand to fintech professionals
Our Finovate supplements are a great way for you to gain additional brand awareness.
SAIB rolls out Moneythor’s PFM solution
The Saudi Investment Bank has implemented Moneythor’s personal financial management tools.
Qatari financial management app Karty set to launch in MEA region
Karty allows users to spend, save and manage their money.
Trulioo acquires HelloFlow to create “end-to-end identity platform”
HelloFlow is a no-code builder of client onboarding, monitoring, and digital workflow solutions.
UK alternative lender ThinCats secures additional £100m funding to support SMEs
ThinCats now has “£650m currently available to deploy in support of businesses across the UK”.
Wealthtech FNZ secures $1.4bn investment
The company says the investment is one of the largest ever primary equity raises in the sector.
Former Google Cloud product lead Amir Hermelin joins FICO as CTO
At Google, Hermelin was in charge of planning and executing the tech giant’s cloud platform strategy.
Compliance tech provider Sardine raises $19.5m in Series A
New funding came from Andreessen Horowitz, NYCA and Experian Ventures.
How can open banking get ahead in 2022?
A look at what the financial services industry needs to consider to accelerate the adoption of open banking.
ICYMI fintech funding round-up: Brick, Cynomi, Infina, Fintern, Pyypl, Streetbeat, Tiba, & more
Our weekly round-up for you to get the latest fintech funding news.
SumUp selects Worldpay from FIS to support global expansion
London-based SumUp supports more than 3.5 million merchants across 30 markets.
Revenue-based financing platform Silvr lands €130m Series A
Silvr intends to hire 100 people across its sales, marketing, product and tech teams.
Finding illicit financial transactions by ignoring them
Firms can utilise AI and ML to create analysis models that can better detect suspicious activity.
KeyBank taps Google Cloud for cloud banking operations upgrade
The move will allow KeyBank to speed up the digitisation of its banking processes.
Goldman Sachs’ veteran tech head Nash Panchal to take over as MarketAxess CIO
MarketAxess COO says Panchal brings “impressive record” of leading global tech organisations.
Meta drops crypto project Diem due to regulatory roadblocks
The Diem Association has sold its intellectual property and tech assets to Silvergate Capital in a $182m deal.
FTX Trading secures $400m Series C funding at $32bn valuation
The firm now claims to be the third-largest crypto exchange in the world.
