OpenWallet Foundation launches to boost digital wallet interoperability
The OWF intends to provide the “software engine” that organisations can use to develop digital wallets.
Digital
Stripe unveils Tap to Pay for Android devices
Tap to Pay allows businesses to accept contactless payments using an NFC-enabled Android device.
KCB Bank Kenya taps Sopra Banking Software for digital transformation
Sopra Banking Software will design, build and support the bank’s savings and lending products.
Buy now, worry about it later: the future of BNPL
Buy now, pay later – is there a more apt fintech application for our times than BNPL?
UK car finance fintech Carmoola secures £95m debt facility from NatWest
The firm has also bagged £8.5 million in a Series A funding round led by QED Investors.
Riyad Bank taps SunTec for e-invoicing integration with Saudi tax office
The integration allows banks to share standardised e-invoices with Saudi tax office Fatoora.
Chetwood’s SmartSave Bank partners cash deposit platform Flagstone
Under the new partnership, SmartSave’s fixed rate accounts will be made available to Flagstone clients.
National Australia Bank builds its own fintechs
A closer look at how National Australia Bank’s approach to innovation has evolved in recent years.
Hong Kong proposes tighter rules for digital asset exchanges
The proposed framework will bring virtual assets in line with securities brokers and automated trading venues.
Indian SaaS fintech Mintoak bags $20m in Series A funding
PayPal Ventures led the funding round, with new and existing investors also participating.
Singapore and India link up PayNow and UPI for real-time cross-border payments
The MAS and RBI will use a scalable cloud-based infrastructure to manage future increases in remittance volumes.
Dutch challenger Bunq becomes first EU neobank to report a quarterly profit
Bunq reported a pre-tax profit of €2.3 million over Q4 2022.
Icelandic neobank Indó taps Lucinity for AML protection
With the partnership, Indó will have access to Lucinity’s transaction monitoring and case manager solutions.
Bank of Russia to launch digital ruble pilot in April
Olga Skorobogatova, first deputy chair of the central bank, announced the news.
State of play: neobanks
Neobanks as a sector are now approaching their teenage years and quickly maturing.
Interview: How Opus is leading the financial services sector forward to a more sustainable future
“The way I see it, the fintech landscape has never looked better,” says TM Praveen, CEO of Opus.
Pliant raises $28m in Series A funding
Founded in 2020 and based in Berlin, Pliant offers a B2B credit card platform.
Extended deadline announced for Banking Tech Awards USA 2023 nominations
The new deadline for nominations is now Friday, 24 February 2023. Apply today!
PPRO extends payments infrastructure to South Korea
This integration “opens up a gateway” for PPRO’s global partners to reach South Korean consumers, PPRO says.
Cartoon: What recession?
A new cartoon illustrating how private market valuations have been impacted in the current environment.
WealthKernel names Michael Rigby as new chief compliance officer
Rigby joins from Investec Wealth and Investment and brings over 30 years’ worth of experience to the role.
North America fintech funding round-up: Vexi, Comun, ModernFi & more
A round-up of the latest funding endeavours of fintech start-ups from across North America.
Financial market data provider Quodd acquires Xignite
The combined business will serve more than 2,200 companies.
Solving the cybersecurity puzzle
FinTech Futures speaks to City University of London’s Raj Muttukrishnan and Crossword’s Stuart Jubb.
UK fintech funding round-up: Omnio, Landytech & Sikoia
A handy round-up of the recent funding endeavours of fintech companies across the UK.
Demystifying digital transformation
There are a lot of parallels among the big banks in terms of why digital transformation is so complicated.
Video: Highlights from the exclusive global launch of Leda Glyptis’ book, Bankers Like Us
Take a look at the highlights from Leda Glyptis’ global book launch.
Citizens Financial Group taps Paymentus for bill pay and money movement services
Through the partnership, Citizens will deploy Paymentus Bill Center and Paymentus Loan Payments.
Ecuador’s first digital bank goes live with Temenos core
Diners Club Ecuador has gone live on Temenos’ cloud-native banking platform with AWS.
Unity Small Finance Bank taps M2P for core banking upgrade
The Indian bank will deploy M2P’s Turing CBS offering.
Saudi fintech Hala acquires UAE paytech Paymennt.com
Maher Loubieh, co-founder of Hala, says Paymennt’s product was a “clear fit” with their own strategy.
Dubai’s VARA outlines new virtual asset framework
VARA says the new framework will offer “regulatory certainty”, giving market participants greater clarity.
African ID verification platform Smile Identity nabs $20m Series B
The latest funding round brings Smile Identity’s total capital raised to date to $31 million.
Finastra reportedly looking to sell banking business
Finastra is understood to be exploring the sale of its banking portfolio for as much as $7 billion.
NewDay taps Checkout.com to streamline debit card payments
The partnership, which is already live, gives NewDay access to Checkout.com’s full suite of payment products.
New “cross-border neobank” in India: moneyHOP
FinTech Futures sits down for a chat with Mayank Goyal, founder and CEO of moneyHOP.
New app Tapeeno turns Android phones into card readers
Tapeeno “significantly” reduces the funding delay most businesses experience, the firms claim.
Digital asset infrastructure provider Taurus lands $65m Series B
Credit Suisse, Deutsche Bank, Pictet Group and Arab Bank Switzerland all participated in the round.
India’s PhonePe nets additional $100m in ongoing fundraise
The new capital infusion follows a $350 million fundraise from General Atlantic last month.
What the FinTech? | S.4 Episode 2 | Space Bank and financial inclusion
In this episode, we’re joined by Nika Kurdiani, deputy CEO at TBC Bank and CEO of Space International.
