Credit score fintech TotallyMoney raises £5m investment from SVB
TotallyMoney now has 2.5 million customers.
Digital
Banking Technology November 2019 issue out now
The identity challenge.
Israeli fintech Become secures $12.5m to help make SMBs more fundable
Become wants to “disrupt conventional and ‘alternative’ lending practices”.
Neobank Rebellion becomes first fintech to offer Spanish IBANs with banking licence
A Spanish IBAN will allow users to direct their salary to their Rebellion account.
SME challenger bank Recognise signs on Mambu tech
Mambu Core will be plugged into the bank’s tech alongside nCino.
Crypto bundler Revix targets female investors, aims to make digital assets “responsible”
Revix will be sponsoring entrepreneur platform Future Females.
SME lender Lidya aims for top spot in Nigeria, next stop Eastern Europe
Lidya expanded to Central Eastern Europe (CEE) earlier this month.
Elavon and Santander help Poppy Appeal in ‘largest cashless charity campaign in Europe’
The fintech is deploying 1,100 cashless terminals across the UK.
UK fintech Koyo raises £3.8m to aid wiped credit histories
The fintech helps migrants or people who’ve never taken credit or been the main bill payer.
Hear it from the experts: the future of insurtech
We speak to the experts of InsurTech Rising International about their take on the future of insurtech.
Norwegian challenger Bulder Bank launched by Sparebanken Vest
Bulder Bank plans to expand from mortgages in the near future.
Modulr plans £20m investment in Scottish development hub
The business payments firm wants to boost Scottish fintech.
Accessible and international SME banking
Options available to SMEs vary dramatically yet rarely fit the bill.
Swiss lender Tallyon targets wealthy with crypto founder, applies for banking licence
Lender says it will use new technology to avoid “legacy burdens”.
Finxact signs payments partnership with The Clearing House
Firms will work to implement real-time payments into the Finxact core.
Starling Bank launches dual currency debit card with pounds and euros
The card will go live alongside its business euro account launch.
Nationwide invests in UK energy bill saver Switchd
Switchd considers the energy market outside the six big players too.
Regulation and competition driving lending transformation
The key to success is a solution that provides effective data management.
Consolidated Bank Ghana goes live on Temenos T24 Transact
Consolidation project finalises under Temenos platform.
Uber relaunches credit card with Barclays, drivers get real-time cash flow
Uber has rolled out its financial product line Uber Money.
Banca Monte Paschi Belgio rebrands as new digital bank Aion
Warburg Pincus to rebrand new acquisition four months after regulatory approval.
TransPecos Banks goes live with Nymbus to support BankMD
Digital-only bank for doctors live with Nymbus solution.
Transbank chooses AEVI to overhaul its in-store checkout for Chile’s merchants
The bank support firm wants to make integrations easier for merchants.
DTCC appoints Lynn Bishop as chief information officer
Bishop also supports the advancement of women in STEM careers.
Singapore remittance start-up InstaReM rebrands to Nium
Nium CEO envisions a world where everyone’s money is free for them to use.
UCL graduate fintech TurinTech.ai raises £1m led by IQ Capital
The firm is now a resident at London’s Microsoft Reactor.
Standard Chartered opens second innovation lab in Hong Kong
The hub will be located at the bank’s 42-storey skyscraper in central Hong Kong.
Bank of America unveils new mobile banking app with loan applications built in
The bank has 29 million mobile clients.
Nordea writes off millions in IT impairment charges
The bank has racked up a €1.3 billion bill for one-off items.
Being black in the financial services industry
“Bank accounts were just not something you could attain with black skin”.
11 observations after 100 days in fintech
100 days, 11 observations, and one industry.
Spanish fintech PecunPay chooses IBM to implement Red Hat platform
The start-up is trying to keep up with ever-changing mobile apps.
OneSpan director: Banks need to implement AI’s full potential
Banks still have siloed data pools which can’t quite be pulled.
570easi launches French Islamic banking challenger SOeasi
570easi now holds a customer base of more than 90,000.
Backbase and Payveris sign digital banking partnership
The two firms aim to ease banks’ payments pain.
TransUnion appoints ex-KCOM exec Mike Davies as COO in UK
Davies grew KCOM’s business value from £50m to more than £500m.
US challenger Current raises $20m in Series B, surpasses half a million customers
The neobank began as a parent-controlled teen debit card in 2017.
SMB lender BlueVine launches banking service with Mastercard debit card
SMBs will see 1% interest on their balance and no monthly fees.
How to provide customers from China with a habitual and convenient service
An official account is the first step for a company towards the Chinese audience.
Helping ecommerce businesses accept local payments worldwide
Cardpay’s CEO discusses trends and how ecommerce businesses can expand overseas.
