The Philippines launches government-owned OFBank for overseas citizens
Filipinos will be able to sign up to the new service with a selfie.
Digital
Sopra Banking Software taps Tink’s data channel
Sopra Banking Software serves roughly 1,500 banks and financial institutions.
Australia’s big four welcomes start of open banking
ANZ, NAB, Westpac and Commonwealth Bank have all gone live with APIs.
Webinar: Stop wasting money in the cloud!
How Robert Half International (RHI) reduced cloud expenses and applied cost optimisation best practices across the enterprise.
Société Générale to acquire French neobank Shine
The deal is thought be be around €100 million.
TransferWise lands licence from FCA to offer investment products
The move marks its second side-step from cross-border payments.
Wirecard’s UK subsidiary WCS: missed red flags
Red flags include late 2018 financials and a €156,000 lost lawsuit.
65% of banks say legacy systems holding back Swift gpi adoption
Volante, HSBC and Deutsche Bank, share their insights on a recent webinar regarding Swift gpi.
Car repair loan fintech DigniFi lands $14m Series A
DigniFi also landed a hefty sum of private equity for its auto financing platform.
TransferWise partners with two Swiss banking services
TransferWise will tap neon’s 30,000 users.
Bud launches open banking solution for payments
CEO Ed Maslaveckas says aggregation is “least disruptive” part of open banking.
Mobile money gateway MFS Africa acquires Beyonic for SME play
The value of the acquisition has not been disclosed.
FCA lifts restrictions on Wirecard Card Solutions
UK watchdog allows payments to restart.
What the Fintech? Episode 8 | Payments: were systems in Europe ready for COVID-19?
Tune in to find out an eyebrow raising banished buzzword in another rendition of ‘Fintech Jail’!
HSBC wants to double mobile users by 2022
The bank wants to generate more revenue per customer.
ScaleFactor winds down after COVID-19 cripples sales
The start-up raised $100 million between July 2018 and August 2019.
Why every company will soon be a fintech company
Why companies that have nothing to do with finance will get into financial services.
Report: Five success factors for an ideal ISO 20022 migration
ISO 20022 represents an opportunity for banks to reinvent the way they operate.
solarisBank enables instalments for German AmEx customers
AmEx users can spread payments of more than €300.
Curve gets services back online over weekend
The fintech is still working on third party digital wallet usage and refunds.
PictureWealth lands AUD 12m and seals acquisition
The company has acquired NEO Financial Solutions (NFS) for an undisclosed sum.
Newly licensed RevoluPAY taps global remittance market
The fintech landed its PSD2 licence in Spain at the end of May.
Uber presses pause on financial services play
Uber Money head Peter Hazlehurst is leaving the ride-hailing giant.
BNY Mellon extends Azure partnership to boost ESG investment
The US bank has launched three new data and analytics tools.
FinTech Futures and Jobbio team up to launch FinTech Futures Jobs
Launching an exciting new jobs board for the global fintech community.
Managing fintech security remotely: overcoming challenges with WFH setups
Let’s take a look at what IT staff can do during this time of crisis.
FCA suspends Wirecard’s UK subsidiary
This has prompted a handful of fintechs to issue warnings to their customers on Friday.
UnionBank to tap rural Philippines with 11,000 remittance counters
70% of Filipino adults are still unbanked.
New York regulator plans to ease cryptocurrency rules
DFS announces batch of changes amid MOU with New York university.
Lanistar partners with Jumio ahead of “polymorphic” debit card launch
Lanistar landed a $2.5 million seed investment in March.
Privitar receives $7m investment from HSBC
HSBC is expanding its strategic relationship with Privitar.
White paper: The biggest threat to the financial services industry is BigTech
A guide to navigating technology challenges while avoiding common, costly pitfalls.
“Operational efficiency” report ranks US commercial banks
Charles Schwab Premier Bank and Bank of America California scored highly.
WhatsApp Pay suspended by Brazilian central bank
WhatsApp’s service has been live in Brazil for just over a week.
Commercial Bank of Dubai partners with Thunes for remittances
UAE-based bank enables transactions via its mobile app and online banking.
Samsung chooses Curve to power its new Samsung Pay Card in UK
This is a one of a kind partnership for Curve and Samsung.
Zopa lands UK bank licence, set to launch credit card and saving account
The company announced its plans to become a bank nearly four years ago.
Santander’s Asto offers loans to SMEs on Funding Options
The bank joins a roster of more than 200 lenders.
Why UK challenger banks haven’t taken on the insurance market
“The insurance community is not necessarily responsive to change,” says insurtech CEO.
Thai paytech Synqa raises $80m in Series C round
Synqa plans to use the cash to expand its services in Asia.
