Marqeta closes Australia office in bid to cut costs
Marqeta is undertaking “restructuring actions” in Q2 this year to reduce operating expenses.
Digital
Chris Rigoni to head BaaS operations at Coastal Community Bank
Chris Rigoni moves from Webster Bank, where he also looked after the company’s BaaS business.
Thunes closes Series C funding round, secures more than $60m in total
Bessemer Venture Partners and 01Fintech joined UK hedge fund Marshall Wace in providing the cash.
Ray Brash joins paytech start-up Flyfish as CEO
Ray Brash previously spent nearly two decades at paytech PPS (now Edenred Payment Solutions).
Challenger bank paybox selects core banking system from Avaloq
Austrian digital bank paybox plans to expand across Germany and Southeast Europe.
Money20/20 Europe 2023: AI data reconciliations – built to perform
Showcasing a robust, reliable and cost effective solution for data reconciliations and cash balances.
Video: Coastal Community Bank at FinovateSpring 2023 – Banking in the metaverse
We chat with Coastal Community Bank’s Barb MacLean about the future of the metaverse in financial services.
Cross-border payments start-up Keeta launches with $17m funding
Among Keeta’s investors is ex-CEO of Google, Eric Schmidt.
Money20/20 Europe: How open banking is paving the way for “limitless” data-led opportunities
Money20/20 Europe opened this year with a discussion on how open banking is driving global innovation.
New as-a-service paytech for PSPs launches in the UK, Shape
Shape Technologies offers Payments-Platform-as-a-Service (PPaaS) to PSPs worldwide.
UK payments start-up PayFuture secures EMI licence from FCA
PayFuture aims to help businesses connect with local payment options in emerging markets.
Stripe acquires engineering analytics start-up Okay
Okay provides analytics and reporting software designed to help engineering teams streamline workflows.
New banking app Charlie aims to cater to retirees in the US
The start-up, which was founded in 2021 and launched nationwide last month, has raised a total of $7.5 million.
Wise Platform inks first Japan deal with GMO Aozora Net Bank
The bank said it received a “high volume” of requests for a fast and inexpensive overseas remittance service.
Banking Technology Magazine June 2023 issue out now
Cover story: BRAINIAC – Generative AI and banking
PayTech Awards USA 2023 extended deadline
Nominations for the awards are open until 16 June 2023.
Financial wellness fintech Elifinty launches in UK
The “socially conscious” platform will leverage AI and open data to help people manage their debt.
Payments platform Dwolla names Lawrence Herman as CFO
Herman joins Dwolla from Accrete, an AI machine learning company, where he was CFO.
Demystify Podcast: Demystifying BaaS in the Middle East with Andrew Sims, nDigital
The importance of fintech for GCC countries as they pursue aggressive economic strategies.
PayNearMe lands $45m in Series D funding
With the new funds, PayNearMe plans to to accelerate its growth and develop its payments platform further.
ICYMI funding round-up: Credit Genie, EdfaPay and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Congratulations to the Banking Tech Awards USA 2023 winners!
Take a look at the 2023 Banking Tech Awards USA well-deserved winners.
FinTech Futures Jobs: Three ways generative AI is being used in financial services
Explore thousands of open roles on the FinTech Futures Job Board today.
Fabrick raises €40m in funding, extends deal with Mastercard
The funding round saw Mastercard and other investors taking up a minority stake in Fabrick’s shareholding.
The single view of a customer
Having a single view of customer data can help banks streamline their operations.
Mambu CEO and co-founder Eugene Danilkis steps down
Mambu’s chief technology officer (CTO), Fernando Zandona, will be taking over as interim CEO.
Mexican fintech Stori secures $50m debt capital from CIM
For Stori, it is the second debt facility from CIM, following a $75m debt facility in November 2021.
Swiss fintech Teylor lands €275m debt funding
With the funding, Teylor plans to facilitate its growth and enable it to meet the financing needs of SMEs.
Meniga appoints Dheeraj Soni as its new CEO
Soni joins from mobile payments platform TPAY Mobile, where he served as chief operating officer (COO).
Banque Richelieu Monaco picks ERI’s Olympic Banking System
The project will be delivered as a Software-as-a-Service (SaaS), ERI says.
Irish payments start-up NomuPay lands $53.6m in funding
NomuPay plans to scale in its core markets and further invest in product development.
German mobile tax app Taxfix cuts 120 jobs in restructuring effort
The cuts amount to around 20% of the start-up’s total workforce, according to TechCrunch.
Become a judge for PayTech Awards USA 2023
Apply to become a judge for the PayTech Awards USA 2023 today!
Digital transformations: is there a glitch in the matrix?
Complex organisational structures can greatly impact the delivery of digital transformation projects.
Ant Group enables Alipay+ mobile wallet integrations in Thailand
The mobile wallets include Alipay HK (Hong Kong SAR), Kakao Pay (South Korea), and Touch ‘n Go eWallet (Malaysia).
Venmo launches account and debit card for teens
The account will be rolled out to select customers in June and will be “widely available” in the coming weeks.
The trust that binds us
What will become of the trust that binds us when people misplace their faith in faceless algorithms?
MultiChoice partners Rapyd to launch new payments platform in Africa
The new platform, called Moment, will offer an expanded payment infrastructure for African businesses.
Mastercard announced as headline partner of Open Banking Expo Canada 2023
Open Banking Expo Canada is taking place in Toronto on 15 June 2023.
What the FinTech? | S.4 Episode 9 | The rise of bank payments
In this episode of the podcast, we’re joined by Ben Morfoot, Director of Product Management at GoCardless.
