Revolut loses its head of wealth and trading, a former Freetrade co-founder
André Mohamed leaves after 18 months at the challenger bank.
Digital
TSB’s online and mobile banking goes down on April Fools
Phone lines were busy and branches weren’t reachable amid lockdown.
UK fintech Tully helps distribute COVID-19 payment relief
The fintech wants to reach two million people in its first eight weeks of launch.
Manchester’s fintech scene needs a homegrown unicorn, says report
Manchester is already home to five homegrown ecommerce unicorns.
Siam Commercial Bank partners Azimo for money transfers from Europe
The Thai bank expands its electronic money services.
How banks’ platform strategies are shaking up the fintech industry
A shift to the digital landscape has not been plain sailing for financial institutions
Flux and Pleo partner to deliver “invisible” expensing tool to UK SMEs
The new co-created tool is set to launch later this year.
The return of humanity in the digital era
He highlights the positive impact of the current situation and how our past was not necessarily better.
The ABCs of eKYC
A how-to guide for online identity verification and eKYC.
Biometric authentication to continue gaining ground in next decade
It’s a known fact, but it’s worth repeating: your personal data is never safe.
COVID-19: a call for digital transformation
This will not be a short-term event so businesses must prepare for the long haul.
Signicat acquires Connectis to tap Benelux region
CEO of Signicat says Connectis had been on the radar “for quite some time”.
Banking industry publishes EU payments plan post-coronavirus
The paper puts a heavy emphasis on instant payments.
Trustonic lands security deal with South Korea’s biggest bank
“KB Bank are taking a more open market approach,” says Trustonic.
PayTech Awards deadline extended! Submit your entry by 10 April
Premier awards for banks, financial, payment & e-commerce institutions, paytech vendors, individuals & teams!
Dwolla appoints Brady Harris as new CEO
Harris says he is looking forward to working with “an incredible team.”
Wirecard, SAP and Futur/io launch ‘Innovation Now’ to assist merchants amid COVID-19
Merchants will be able to find “assistance packages” through the platform.
Acuant finalises IdentityMind acquisition
Acuant will build IdentityMind’s onboarding solutions into its existing platform.
Driving revenue through data privacy and compliance
Financial leaders can lay the foundation for turning data privacy into a revenue driver.
A banker goes a-banking, volume 6: the patience of the lambs
Better is possible. Better is needed. Better is now both a business decision and a moral imperative.
Ordo launches free P2P payments service in wake of COVID-19
Payments firm aims to help those doing tasks for people in isolation.
Icelandic challenger bank Indó prepares for launch
The prospective first digital bank in the country is seeking a licence.
Singapore’s robo-advisor Smartly shuts, cites “intense” competition
Vietnamese owner VinaCapital Group made the decision to wind business down.
Monzo’s CEO takes 100% pay cut for 12 months
Senior management and the board will also take a 25% pay cut.
Virtual bank Airstar launches pilot in Hong Kong
The digital bank will onboard roughly 2,000 customers.
VTB Bank registers new big data company with Rostelecom
The joint venture will be accessible via an API to “all interested market players”.
Ben Brabyn steps down as head of Level39
Amy French to take over from Brabyn, who leaves for pastures new.
Poland’s KIR issues e-signatures with Cryptomathic
The release will push along deals otherwise on hold due to social distancing measures.
The services trinity: three is the magic number
ATMs are not all equal. The positioning, usage, prioritisation-none of it is equal.
JP Morgan vs fintechs: Who really owns your data?
The bank gave fintech firms a choice: abide by data access rules or get out.
Digital app One selects Finxact core banking system
New digital player to deploy Finxact on the cloud.
Nymbus launches loan processing system for US banks to deliver COVID-19 relief
Nymbus says it has digitised the entire Paycheck Protection Programme (PPP) loan process.
Plaid and Microsoft partner to turn Excel into a fintech app
“One of the earliest forms of ‘fintech’ is a budgeting spreadsheet,” says Plaid.
CRIF to buy AI fintech Strands
The deal is expected to close in the “coming weeks”.
Digital asset bank Sygnum launches Swiss franc stablecoin
The stablecoin will be backed 1:1 by funds held with the Swiss National Bank.
Colorado National Bank rebrands to Transact Bank and goes live with Fiserv
CNB was bought by the owners of Latvian fintech Transact Pro in 2018.
Jumio helps US sectors battling coronavirus verify users for free
Organisations “involved in helping students, patients and vulnerable populations” can apply.
Data affinity and customer centricity: what luxury retailers can teach wealth managers
Useful learnings from the success of luxury retail.
Unicorn hopeful Lanistar lands $2.5m
Founder says it wants to become a £1 billion “banking alternative”.
ICICI Bank launches WhatsApp-based banking service
The Indian bank follows up on its API and digital development.
