Starling Bank reports 50% revenue rise in third year of profitability
The performance comes ahead of Raman Bhatia’s instalment as group CEO this summer.
Digital
Pipe secures new $100m credit facility from Victory Park Capital
Pipe says the facility “has the potential to upsize up to $200 million in the future”.
Earl Shilton Building Society hires Natalie Balderson as transformation change manager
Balderson will work to “strengthen digital options” for the building society’s 14,000-plus members.
MoneyGram names Gary Ferrera as new CFO
Ferrera succeeds the retiring Larry Angelilli, who has served for nearly a year in the role.
Dutch lender BridgeFund taps Mambu for core banking upgrade
BridgeFund will leverage the platform to “expand its account volumes and product offerings”.
Mastercard commits to phasing out manual card entry in e-commerce by 2030 with tokenisation, Click to Pay and payment passkeys
The payment network claims its latest technology convergence will result in “faster and safer checkouts”.
Al Etihad Payments prepares to launch new domestic card scheme in UAE this month
Network International is among the first acquirers to launch Jaywan with merchants in the UAE.
NatWest prepares to introduce GenAI-powered virtual assistant Cora+ in collaboration with IBM
NatWest will introduce the service through a “12 week pilot to address learnings and updates”.
Eurobank Cyprus overhauls legacy systems with Temenos solutions
The bank says it replaced 85% of its systems with Temenos products.
E-wallet provider Sticpay bolsters money transfer capabilities with UPI integration in India
Enabling UPI users in India to make domestic and international money transfers through Sticpay’s platform.
Oman Arab Bank debuts new direct debit solution
OAB says its customers will no longer need to write checks or manually manage bill payments.
US Bank taps Greenlight for family-focused money management tools
US Bank becomes the first financial institution to offer Greenlight through an embedded mobile app.
Barclays and Lloyds-backed loyalty app Bink enters administration
Bink had suffered significant losses for a number of years, with its closure to incur 46 job losses.
Interview: Agata Strzelecka, VeloBank – a modern bank with fintech DNA
Agata Strzelecka shares first-hand experience and lessons learnt from transforming a bank and attracting investors.
Peru becomes first South American country to adopt NPCI’s UPI tech
The move seeks to offer “new and accessible payment services to everyone, especially the unbanked population in Peru”.
TXSE Group poised to challenge New York exchanges’ dominance with Texas Stock Exchange launch
TXSE plans to submit a registration with the US Securities and Exchange Commission later this year.
FinTech Founders Video: overcoming obstacles on the path to success
This FinTech Founders video discusses the tools and techniques to overcome the challenges of launching a start-up.
ICYMI fintech funding round-up: Fizz, Torpago, Sibill, WealthOS and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Money20/20 Europe wraps up final day with founders, funding and fintech innovation
Money20/20 Europe leveraged its swan song to highlight a string of progressive initiatives for fintech founders.
LSEG names Pascal Boillat as new COO
Boillat replaces David Shalders who held the position for over four years.
Robinhood to acquire Bitstamp in $200m deal
Robinhood set to leverage Bitstamp’s 50+ global licenses to fuel its planned expansion.
PayTech Awards 2024: Final call for table bookings
Don’t miss out on this opportunity to be part of an extraordinary day filled with celebration and networking.
Alkami names former SVB exec Gagan Kanjlia as new chief product officer
Kanjlia previously spent 15 years at Capital One, holding several senior leadership positions.
A banking kiosk for a new era of banking
Despite the overall downward trend, a lot of cash is still being withdrawn and used in circulation.
State of play: Money20/20 Europe 2024
Money20/20 Europe was a glimpse into the progress that the fintech industry continues to make.
Agenda confirmed for Banking Tech Insights, 11 July, London
Join us for our Banking Tech Insights event on 11 July in London.
Boost Bank officially launches its digital banking app in Malaysia
Boost Bank secured regulatory approval from Bank Negara Malaysia and the Ministry of Finance earlier this year.
Indian fintech Fibe bags $90m in Series E funding round
The investment follows the $110 million raised by the Pune-based firm in its Series D round in 2022.
Banking Technology Magazine June 2024 issue out now
THE ESG PUZZLE – Talk the talk, but also walk the walk.
Handelsbanken taps Meniga to boost customer engagement in Norway
Meniga’s solutions will enable the bank to offer personalised financial insights to its customers in Norway.
Demystify Podcast: Customer-centric innovation in finance with Anette Broløs and Erin Taylor
In this podcast episode, Dave and Dharm chat with Finthropology founders Anette Broløs and Erin Taylor.
Lydia selects Marqeta to power its new digital banking app Sumeria
Marqeta first partnered with Lydia Solutions in 2019 to power its peer-to-peer payments app.
Malta’s Finance Incorporated Limited taps Temenos for retail core banking solution
FIL aims to achieve fivefold growth over the next five years through its collaboration with Temenos.
CSG acquires Florida-based paytech iCG Pay in $17m deal
The deal also includes additional earn-out sums tied to performance goals.
Money20/20 Europe brings tokenisation, AI and digital transformation into focus
Day one’s proceedings took a specific focus on the topics of AI, tokenisation and digital modernisation journeys.
Turkey’s Papara taps DriveWealth for fractional investing solution
Papara will leverage DriveWealth’s Brokerage-as-a-Service tech to launch a new US stock investment product.
Dutch neobank Bunq enters partnerships with Mastercard and Nvidia
The bank is utilising Mastercard’s open banking platform and Nvidia’s accelerated computing and AI capabilities.
Asia’s first full reserve digital bank, ORO Bank, launches in Bhutan powered by Finastra
The bank has partnered with Finastra to leverage its Essence solution in the cloud.
What the FinTech? | S.5 Episode 9 | Fintech innovation and collaboration
In this podcast episode, we chat with Andy Lowe, EMEA Head of Business Development for Technology at Bank of America.
Canadian fintech Zafin appoints Michael Nitsopoulos as new CPO
Nitsopoulos brings over 23 years of experience to the role and joins from US financial services giant PNC.
