The end of Lloyds Banking Group?
If banking were a race, it would be an ultramarathon. It’s better to be slow and steady like the tortoise.
Digital
Stax Payments snaps up BlockChyp for undisclosed sum
Stax says this acquisition will reduce “friction” and enhance partner and customer experience.
FCA fines Starling Bank £29m for sanctions screening failures
Starling was found to have opened over 54,000 accounts for high-risk customers.
Hastings Direct Loans boosts fraud prevention capabilities with IDVerse partnership
Hastings Direct expanded into personal loans around three years ago.
Demystify Podcast: The evolution of open banking in the UK with Charlotte Crosswell and Henk Van Hulle
An engaging journey into the UK’s open banking, its growing influence, and the exciting possibilities ahead.
Rakbank joins Magnati to launch new SME financing platform in UAE
Rakbank’s underwriting will be guided by real-time transaction data created by Magnati.
Sibos 2024: 24/7 payments processing: the road ahead
In today’s world, the economy runs 24/7. Our payments ecosystem needs to keep pace. But is it succeeding?
Singapore Gulf Bank strengthens C-Suite ahead of launch
SGB is gearing up to launch in November 2024.
Video: Wells Fargo at FinovateFall 2024 – The power of partnerships
Jazz Samra of Wells Fargo discusses the significance of collaboration between banks and fintechs.
Mastercard acquires Minna Technologies to upgrade subscription experience
Minna develops technology to help consumers manage subscriptions via banking apps and websites.
Facit Bank taps Norway’s Neonomics to power invoicing and payment with open banking
Facit Bank will deploy Neonomics’ open banking Checkout, allowing payments directly from bank accounts.
White paper: Cyberattacks in the financial services industry
Exploring the cyberattack threats that financial services customers face and how to improve security.
Webinar | 29 October 2024 | Advancing analytics maturity in financial services: Strategies for success
Join us for an insightful webinar on confidently navigating analytics maturity in the financial sector.
VaticAI appoints Mitch Eggers as new COO and chief scientist
Eggers will spearhead VaticAI’s data science for AI-driven audience intelligence products.
New UK fintech Covecta launches configurable AI platform
The Covecta platform’s first release will be available in both the UK and the US.
PayTech Awards USA 2024 winners announced!
Celebrating exceptional achievements and talent in the US payments industry.
Indonesia’s Krom Bank taps AWS Cloud for digital banking upgrade
Krom’s core ledger is being powered by SaaS cloud banking platform Mambu.
BNKA launches new payments function for LATAM migrants in Europe
BNKA is enabling migrants in Europe to pay bills in Argentina.
Karl Mattson named Endor Labs’ first chief information security officer
Mattson previously held the CISO position at Noname Security.
Redpin strengthens leadership team with key additions
The newest team member is CTO Yoav Flam, formerly in the same role at HelloFresh.
September 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over September.
September 2024: Top five movers and shakers stories of the month
FinTech Futures takes a look back at five of the top movers and shakers stories in September.
UK fintech Apron secures $30m in Zinal Growth-led Series B
This round builds on Apron’s $15 million Series A secured in September 2023.
September 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories in September.
Let’s switch again
Current account switching is on the rise. But what factors are driving consumers to switch?
September 2024: Top five new launches of the month
FinTech Futures takes a look back at five of the top new product launches in September.
Scienaptic AI co-founder steps down to launch new venture, Algebrik AI
Algebrik AI, a new loan origination system, will commence deployments in Spring 2025.
Nexi Group lands €220m financing from the EIB
The loan is the first to be granted by the EIB to a publicly listed company in the digital payments sector.
Banking Tech Insights: Limitless Banking – 14 November 2024, London
Save the date for Thursday 14 November 2024 for an exclusive half-day networking event in London.
September 2024: Top five fintech partnership stories of the month
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
Solaris to “discontinue major parts” of EMI business
Solaris says the move “regrettably will bring redundancies across the EMI team”.
New UK lender Interbridge Mortgages taps Mambu for retail mortgages solution
Founded last year and headquartered in Cardiff, Interbridge Mortgages is a second charge mortgage lender.
Rimes hires Gus Macfarlane as new chief operating officer
Macfarlane joins Rimes from Barclays, where he spent over six years in various managing director roles.
Bank of America to open 165 new branches by end of 2026
Since starting its financial centre expansion drive in 2014, BofA has invested over $5 billion in the initiative.
Wealthtech start-up for women Propelle launches in the UK
Propelle has secured over £1.2 million in pre-seed funding to date.
Egypt’s Commercial International Bank names Tony Prestedge as executive board advisor
CIB Egypt has also announced a new CEO and non-executive chair of the board.
Aussie debt collection fintech InDebted bags $41m Series C
The funding round values InDebted at approximately $240 million.
Fibabanka debuts first BaaS platform in Türkiye with GetirFinans
GetirFinans will offer a range of banking services powered by Fibabanka’s digital infrastructure.
Tuum names former Vocalink head David Yates as new chairman
Yates currently serves as chairman of Nium and vice chairman at Equiniti.
Anadolubank Nederland pens five-year deal with Worldline for cloud-based instant payments solution
Worldline’s solution will ensure the bank’s compliance with new EU instant payments regulations.
