Metro Bank partners Infosys to boost digital transformation with AI
The UK bank is also reportedly set to cut around 300 roles as part of cost-cutting efforts.
Digital
Brazil’s Parabank partners Dock to launch inclusive card programme for people with disabilities
The São Paulo-based challenger has adopted Dock’s private-label card processing platform.
Building a community from data
Behind every transaction is a human story, waiting for us to connect the dots.
Swedish neobank Northmill hires Julie Chatterjee as new group CEO
Chatterjee takes the reins from Tord Topsholm, who stepped down from the position in February.
Dutch neobank Bunq aims to increase headcount by 70% before end of 2024
Bunq will seek to hire over 730 people over the next three months.
Revolut reportedly applies for EMI licence with UAE central bank
Bloomberg reports that Revolut’s ambition is to eventually apply for a full banking licence in the UAE.
FinTech Futures: Top five news stories of the week – 13 September 2024
Our pick of the top fintech news stories this week includes UniCredit, Westpac, Mastercard and more.
ICYMI fintech funding round-up: Datricks, PastPay, LineLeap, Kompasbank and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
KORT Payments takes over POS provider Barnet Technologies to drive “aggressive expansion”
Barnet provides POS systems for cannabis dispensaries and liquor stores across Canada.
Affinity Plus FCU signs Lumin Digital for online and mobile banking revamp
The platform will deliver spending insights, financial guidance, fraud protection, and other features to members.
A journey through the magic of technology: from PCs to Apple Vision Pro
Very occasionally, a new technology arrives that works like magic.
Syndicated loan platform Versana raises $26m with plans for global expansion
New York-based Versana has picked up British banking heavyweight Barclays as a new investor.
FE fundinfo buys out investment research platform AdviserAsset
FE fundinfo is to integrate AdviserAsset as a research and selection module.
India’s FlexiLoans bags $34.5m Series C for lending platform expansion
The platform has now raised $76.6 million in equity and over $240.9 million in debt to date.
Master of all it surveys: a bit of background on WeMasterTrade, an award-winning prop firm
Staying true to the goal of providing a level playing field for traders of all stripes.
Paymob secures $22m Series B extension to continue GCC roll-out
The Cairo-based paytech has now raised $72 million in Series B funding.
A banker goes a-banking, volume 9: how to squander a market-capture advantage
Your marketing team can get you an advantage that is yours to lose.
Webinar | 23 October 2024 | GenAI in financial services – balancing innovation and risk for transformative growth
Join us for an insightful webinar on the transformative power of GenAI for financial firms.
Payment processor Clowd9 hires former Thredd tech lead Paul Hansford as new CTO
Hansford previously headed technology at Clowd9’s “distinguished competitor” Thredd.
Demystify Podcast: Demystifying the use of GenAI for customer propositions with Uday Akkaraju of Bond.AI
Uday Akkaraju demystifies the use of AI to bridge the gap between consumers and financial institutions.
Mansfield Building Society in core banking tech overhaul with TCS
Mansfield has selected the vendor’s TCS Bancs and Digital Home Lending solutions.
Vision Bank launches digital banking app in Saudi Arabia
The Vision Bank app is currently available to customers on an invite-only basis.
FinovateFall 2024: The evolution of the GenAI landscape in financial services
At this year’s FinovateFall conference in New York, GenAI has once again taken centre stage.
Mortgage tech firm Twenty7tec plots UK expansion and acquisitions with £16.5m BGF investment
BGF has appointed Angela Williams and Duncan Wade to the Twenty7tec board.
Ireland-based paytech CleverCards hires former Edenred exec Ray Brash as COO
Ireland-based paytech CleverCards enables corporates to pay their consumers, employees, and vendors with virtual cards.
Fneek launches in France to “formalise friendly loans”
Founded by CEO Chaker Boughanbouz, the start-up is now seeking seed funding.
ISO 20022: The clock is ticking, so get ready
There’s no time like the present to ensure that you’re ready for the arrival of ISO 20022.
Home equity fintech Unlock bags $30m Series B funding
The start-up has also secured a $250 million capital commitment from D2 to support its origination growth.
Don’t believe the hype: how transparent is your core?
In a world that is increasingly open tech vendors need to increase their transparency too.
What the FinTech? | S.5 Episode 15 | FedNow one year on – the growth of RTP in the US
In this podcast episode, we chat with Anu Somani, Head of Global Payables and Embedded Payments at US Bank.
Natixis sells private credit business MV Credit to Clearlake Capital
Upon completion of the deal, Clearlake Capital’s credit business will have over $28 billion in AUM.
MidWestOne Bank taps Temenos for digital onboarding solution
The Temenos Digital Onboarding solution has been deployed by the bank as SaaS on AWS.
How the rise of managed services is driving the resurgence of fintech
The rise of managed services is forming a core component of the fintech industry’s latest rebound.
Cartoon: Power
This cartoon illustrates the growing electrical cost that is going to be needed to power up our brave new world.
BNPL fintech Tabby buys Saudi digital wallet start-up Tweeq
Following the acquisition, Tweeq will continue to operate as an independent entity.
McLEAR sunsets payment ring programme
McLEAR’s RingPay programme comprises a prepaid account, a mobile app, and a payment ring.
SME-focused digital lender Validus lands $50m debt facility from HSBC
The facility will be deployed through Validus’ Indonesian subsidiary Batumbu.
New digital banking brand launched in Saudi Arabia, NEO
NEO has been launched by Saudi National Bank, with the digital front-end underpinned by Backbase.
Legal & General taps Moneyhub for new pensions dashboard
Legal & General became an investor in Moneyhub back in 2022.
Canadian fintech start-up Hardbacon closes down
Co-founder and CEO Julien Brault writes that the fintech’s operations are now suspended.
