Mode CCO: Alipay success can be replicated in the UK
With an IPO looming, Mode has got a busy year of business ahead of it.
Digital
Tech Nation’s third fintech cohort challenges London bubble
“What was striking is the increase of such businesses set up outside London and by women.”
Goldman Sachs launches transaction banking service with Volante
The new cloud-based system is an “industry first” according to the pair.
UK fintech trio found Cape to tap Australia’s SME credit card market
Australians’ credit card debts fell to a 15-year low in July.
Knowing how the story ends
“Where do I begin?” If you have ever asked me, you know my answer is always the same: in the middle.
Live Oak Bank deploys Finxact core for deposits and loans
The US lender picked Finxact in 2018 to revamp its core systems.
Illimity and Banca Sella buy into each other for open banking venture
A flurry of share issuance, exchanges and buyouts as illimity nabs half of fintech firm Hype.
UK challenger Kale99 launches to provide digital banking with a CX twist
New fintech aims to copy the rapid growth of its vegetational namesake.
Volt Bank partners with Microsoft to launch BaaS platform
Volt aims to provide retailers and incumbent banks with digital banking services.
Ireland’s An Post launches new app to take on Revolut
By 2025, An Post wants to hit one million customers.
The new face of client relationships in wealth management
Wealth managers now have access to more tools than ever to digitise processes.
Report: What keeps AML & CFT professionals awake at night?
Do your peers share your compliance challenges and professional pains?
Challenger Envel plans “autonomous” banking with Autumn launch
The fintech claims it will “optimise” users’ money.
Revolut faces lawsuit in Romania over blocked account
Revolut faces 3,911 complaints so far this year, as compared to its 2,487 for the whole of 2019.
TrueLayer raises $25 million in Series C funding round
New injection brings TrueLayer’s total raised to $72 million.
Sustainability fintech Helios aims to reduce users’ carbon footprints
French fintech wants to help users reduce the impact of their spending on the planet.
UK challenger Samie to launch in 2025
The start-up claims it hit the 500,000 future customer mark in mid-2019.
Five techniques for financial institutions to build and protect their digital reputation
How to protect the distinctive brand values that set you apart from the competition.
How COVID-19 is altering the payments landscape for merchants
The pressure on merchants is immense to serve each individual consumer in the best possible way.
CleverCards CEO: There’s only going to be one winning challenger bank
CleverCard’s Kealan Lennon reckons the market isn’t big enough for so many neobanks.
Paytech Nuvei breaks Toronto Stock Exchange records with $700m IPO
The Montreal-based firm saw a surge in demand increase share prices from $20 to $45.
Competition concerns over fintech acquisitions
The CMA’s concern with mergers and acquisitions is to do with the potential impact on UK customers.
Video: Top fintech stories this week – 18 September 2020
FinTech Futures’ weekly news round-up.
Angolan National Bank and Beta-i create fintech regulatory sandbox
The sandbox is set to open four batches, each composed of 10 selected projects.
Trio of UAE banks go live with klip digital wallet solution
Klip uses QR tech to enable contactless payments.
West African microfinance confederation goes live with SAB’s AT
SAB AT rolling out across six institutions in five West African countries.
Somalia’s Amana Bank selects Path Solutions for Islamic core banking
Amana Bank selects iMAL to fuel digital transformation.
Kids are banking’s future NOW
I’m just saying there is an opportunity to learn how to “gamify” banking today.
BankingTech Awards 2020 – call for judges
Join our all-star judging panel!
FinovateFall 2020: Customer trust will test the new digital normal
Panel wonders if consumers will stick with digital solutions post-pandemic.
Barclays-backed Team8 launches fintech foundry with ex-Leumi CEO
The foundry’s first company will evaluate credit risk for ecommerce firms.
FCA calls for input on retail investment sector “not working as it should”
UK regulator wants input on how better to regulate the sector.
UK fintech Funding Xchange lands $10m in Series A funding round
The fitnech last raised funds in November 2019.
SEB combines personal and business finance to launch Unquo
The new venture is spearheaded by Christoffer Malmer, head of SEBx.
Citizens Bank app bombarded with bad reviews as tech update goes awry
US bank experiences avalanche of bad feedback over mobile changes.
AFME: EU must focus regulatory efforts on emerging technology
The AFME focuses on crypto-assets, artificial intelligence and cloud computing.
Elevations Credit Union selects Temenos Infinity for front office revamp
The Colorado-based credit union wants to change its member experience.
Emirates NBD deploys new payments hub with TCS Bancs
The UAE bank goes live on TCS Bancs after kicking off the project in 2019.
FinovateFall 2020: Why Banking-as-a-Service is fintech’s newest trend
It essentially turns the company into a challenger bank, even if the company has no ties to banking.
FinnovateFall 2020: Digital tools creating a new kind of banking customer
Marcus executive says banks must prepare for a post-COVID world.
