DPO Group acquires PayFast
A major deal for the African paytech sector.
Digital
Challenger banks in South Africa: who’s who and what’s their tech
A comprehensive list of South African challenger banks and banking services and the tech they are using.
White paper: The importance of specialised standard software for MAD/MAR compliance
Learn the importance of specialised standard software for MAD/MAR compliance now!
PayTech Awards 2019 in pictures
Celebrating excellence and innovation in the payments industry and people who make it happen!
Betterment faces regulatory scrutiny after new accounts launch
The savings account offers annual yields of 2.69%.
MeDirect chooses Crealogix for digital investment platform
The platform saw a successful launch in Belgium.
SME lender B-North welcomes funding
Manchester-based B-North has applied for a banking licence.
StashAway snaps up $12m in Series B funding
Its latest round brings the total funds raised to date to $20.4 million.
Helis Network closes $500k seed funding round
The firm aims to make decentralised finance accessible.
Visa invests in Southeast Asia’s payments platform Gojek
The two companies will also collaborate on cashless payments solutions.
Paysend raises £8.5m for global roll-out
The fintech also launched its own digital currency, Pays XDR.
Is the next fintech unicorn being built by ex-bankers in Poland?
Three Polish ex-bankers are building their own challenger banks in Poland right now, as you’re reading this.
Case study: why a banking service provider migrated to containers
Banking service provider figo builds a containerised infrastructure to meet goals for speed, scalability and security.
Top fintech stories this week – 26 July 2019
Catch up on FinTech Futures’ top five stories this week!
WhatsApp Pay coming to India later this year
It will need to comply with all of the regulations ahead of its launch.
Digital US equities investment product launches in India
DriveWealth has partnered with Vested Finance.
Synechron launches new Libor impact analysis software
Its Accelerator uses data science to address the industry benchmarking challenge.
SquareBook wins FCA approval to offer IPO services
The company hopes to tackle conflicts of interest in the IPO process.
Thailand grants Huobi digital asset trading licence
The company is the fifth to be granted a licence in the country.
Moody’s acquires fintech RiskFirst
The acquisition will boost Moody’s Analytics’ offering.
Spotlight: the Russian e-commerce cross-border market
Finding a niche for a foreign merchant in Russia.
Mbanq backs Arival Bank by acquiring shares
Arival also has its sights set on a Series A round of $10 million later this year
New Zealand bank TSB goes live with Temenos Infinity Digital Onboarding
Included in the short implementation period was an API-based connectivity
Payconiq raises €20m for mobile payments development
The platform already has over 60,000 merchants in Benelux.
Banking Technology Awards 2019 are open for entries
The Early Bird 10% discount deadline is 31 July 219, the awards close for entries on 31 August 2019
Revolut unveils free business accounts
Business plans can be upgraded or downgraded at any time.
Nationwide and ClearBank partner for new business account
The partnership will provide access to real-time payments.
Open Up Challenge 2020 launches £1.5m prize fund
Fintech innovators are encouraged to develop money management tools.
Volt bank chooses FIS for mobile and card payments services
FIS will provide it with processing services for Volt’s credit card and mobile payments.
AcadiaSoft announces technology partnership with CloudMargin
The firms collaborate to provide an industry solution for uncleared margin rules.
Lithuania seeks to attract more fintech firms
Thought leaders in Vilnius wish to increase their C-suite intake.
EY inks agreement with Open Banking Nigeria
It will extend services to individuals and businesses across Nigeria.
Hokodo awarded €2m by Horizon 2020
Only around 7.5% of the SMEs who enter are successful.
Swift shifts from MT to XML format
Payment transfers will be shifting to the ISO 20022 standard.
Omni chooses TruNarrative to combat financial crime
The POS consumer credit company was seeking a future-proof solution.
Robinhood raises $323 million in Series E funding
The new round of funding values the company at $7.6 billion.
First JCB card issued in India with NPCI partnership
The new card is designed to serve outbound Indian travellers.
New challenger revverbank picks Fusion for core banking capabilities
The proposition will be underpinned by Microsoft’s Azure platform.
Friday the 13th is coming – is banking ready?
The deadline for PSD2 compliance is rapidly approaching – will your firm be ready?
Let’s work together
Bank-fintech collaboration should take priority on this year’s Sibos agenda.
