HSBC’s US businesses can send real-time payments, bank launches global CX programme
The payments leverage the RTP network developed by The Clearing House (TCH).
Digital
Canada’s online brokerage Questrade plans banking licence
A trademark application was also filed back in October for Quest Bank.
Amica emerges as latest challenger in Indian banking market
The neobank remains in stealth mode for the time being.
Machine learning vs human experience in invoice finance
Be wary of a lender with no human face as there’s always the odd unforeseen complication.
UK mobile-enabled credit card Tymit raises £4m
Users can bundle abroad purchases into one big repayment.
Village Capital and MetLife Foundation selects 11 start-ups for MENA accelerator programme
Finalists from this cohort will receive grant capital totalling $50,000.
SoftBank confirms Yahoo Japan and Line Corp merger to create tech giant
The merger is in a bid to better position the companies against competitors.
Opera-owned OPay raises $120m in Series B funding round
The Nigerian start-up will use the fresh cash to expand in the region.
Sberbank CTO: Banks are ‘no less’ fintech than tech upstarts
“We [the banks] are fintechs,” says Sberbank’s CTO
Swedish neobank Northmill appoints new chief analytics officer from Swedbank
Georges Mansourati spent eleven years at Swedbank.
Explained: The ECB’s role in the banking licence process & UK’s licensing procedures
Cécile Sourbes unpacks the process of licensing in the UK.
Why has Lithuania become a key destination for licensing in Europe?
As part of its newly devised strategy, Lithuania put several tools in place.
Monzo’s COO quits to launch a grocery start-up
The departure of Foster-Carter is the latest in a few personnel changes at Monzo.
Business payments platform Bill.com set to raise $100m in IPO
Underwriters listed include Goldman Sachs, BofA Securities and William Blair.
Japan’s elderly fight back against cashless wave
Tokyo wants to double the ratio of cashless settlements to 40% by 2025.
CSConnect UK 2019: Round-up of key cybersecurity trends
The conference brought together chief information security officers (CISOs).
Why banks can profit from “smart” POS
There is a shift from traditional payment services provided by banks and others.
Video: Top fintech stories this week – 15 November 2019
FinTech Future’s weekly news round-up.
CSConnect 2019: Lloyds head says tech firms don’t get enough heat for banking app glitches
Lloyds head: “We’re either in this together or we’re not”.
Irish start-up Siren gets $10m Series A
It’s paired with Siren’s new board member, Bob Griffin.
Tandem appoints former HSBC exec as chief growth officer
Malani will spearhead Tandem’s international expansion into Hong Kong.
AI savings assistant Plum raises $3 million and launches Android app
This is in addition to its $4.5 million raised this summer.
Alipay aims for integration with 10m European SMEs by 2024
Chinese payments firm continues its acceptance march in Europe.
Visa partners with Georgian challenger bank Space
The bank hopes Visa will power a geographic expansion.
Clearing the liquidity fog in 300 milliseconds
FinTech Futures speaks to CEO and founder of RTGS.global, Nick Ogden.
Being digital vs doing digital
It’s best to be clear whether it’s truly digital or whether it is in fact digitisation.
Money Bites podcast: what’s next for fintech?
Featuring Tanya Andreasyan, Chip’s Simon Rabin, resident jokester Mr. Money, and the Skittlemania challenge.
CSConnect UK 2019: Security awareness never really works, says Mastercard’s Vocalink CSO
Mastercard CSO thinks behaviour is the real issue when it comes to security.
Google sets its eyes on banking next year
The tech giant allegedly doesn’t intend to sell customers’ data.
Former FCA exec says banking tech could lead to discrimination
Diverse hiring practices would help address discrimination by financial technologies.
Canada’s Stradigi AI closes $40.3m in Series A funding round
The AI firm wants to expand further into the North American market.
Challenger banks in Hong Kong
A free guide to help our readers navigate Hong Kong’s challenger banking space.
Open Banking Expo 2019: Innovation by regulation is a “flawed idea”
Panel believes that banks and partners can be trusted to innovate without deadlines.
Facebook Pay launches for US users on Messenger and Facebook
The social media giant says it’s a separate venture to the Libra project.
BFS Capital swings in new ex-axe throwing exec
The new COO comes from an international axe throwing event company.
PFS sells up to Australia’s EML Payments for $290 million
EML aims to become “one of the largest fintech enablers in open banking”.
HSBC and RBS race to launch new digital banking platforms
HSBC Kinetic is in beta testing, RBS’ neobank Bó is to launch this month.
Lendtech firm Snapdocs raises $25m in Series B funding
Snapdocs claims to power 10% of US mortgage transactions.
Crypto bank SEBA launches Swiss offering after FINMA greenlight
SEBA secured its banking licence in August 2019.
Visa sends Nigerian fintech Interswitch to unicorn status
Sources say Visa paid $200 million for a 20% stake.
