Hong Kong fintech Reap bags $40m Series A funding
The funding will be used to boost its global market expansion plans.
Digital
Bilt Rewards bags $150m funding at $1.5bn valuation
The start-up is aiming to expand its loyalty programme and credit card offering for US renters.
Actions not words
It’s fitting that this year’s theme for Black History Month is “Time for change: actions not words”.
Africa’s Cellulant partners Mastercard for online e-commerce payments
Cellulant’s customers can now pay online wherever Mastercard is accepted via the Tingg wallet.
WeTravel raises $27m in Series B funding to boost fintech product development
WeTravel plans to accelerate the development of its travel-specific fintech solutions.
Open API maturity is slowing due to a lack of industry standardisation
Common business standards are required to enable interoperability of APIs across the financial services sector.
Innovation in payments – how merchants can get it right
When it comes to the future of payments, moving money instantaneously with ease and transparency is key.
BNY Mellon launches new aggregated payments platform Vaia
The bank says Vaia will cut the time needed for businesses to connect with any available payment rails.
Raiffeisen Centrobank partners Marqeta for digital banking products
Customers will be able to access accounts via a mobile app, make contactless payments and track spending.
Why you should care about your organisation’s ESG materiality assessment
Materiality assessments help firms identify ESG priorities and improve the design of their comms campaigns.
Addressing the digital skills gap in financial services and accounting
The finance industry must address the skills gaps among its employees sooner rather than later.
Fostering flexible, easy-to-use solutions for cross-border money movement
Visa B2B Connect: cross-border money movement represents a $10tn opportunity.
Wells Fargo partners Google Cloud for AI virtual assistant, Fargo
Fargo will leverage Google Cloud’s conversational AI platform Dialogflow to offer personalised banking tips.
Delta National Bank & Trust taps Finastra for digital banking infrastructure upgrade
The firm will utilise Finastra’s Fusion Essence and Fusion Payments To Go solutions.
Pay.UK exec Simon Lyons joins obconnect as chief strategy officer
Simon Lyons has left Pay.UK to join open banking company obconnect as its CSO.
How financial services firms can grow through their digital infrastructure
For FIs, digital infrastructure is broken down into three components: the digital core, the ecosystem, and the edge.
Public Key Infrastructure management: removing complexities with PKI-as-a-Service
The benefits and what needs to be considered by FIs when adopting cloud-based PKI-as-a-Service (PKIaaS).
German challenger N26 partners Bitpanda to offer crypto trading services
The partnership will enable N26 customers to buy and sell almost 200 cryptocurrencies.
FinTech Futures Jobs: The qualifications you need to land a £100k salary
Explore thousands of open roles on the FinTech Futures Job Board today.
Nubank set to launch its own cryptocurrency on Polygon’s blockchain
Nucoin, Nubank’s very own cryptocurrency, is expected to launch in the first half of 2023.
ICYMI fintech funding round-up: Ordo, Plum, Maplerad and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Is core banking easy?
It’s now much more possible for banks to create innovative new products.
US fintech Achieve bags $225m debt facility
The facility has been provided by O’Connor Capital Solutions and a “multi-trillion-dollar asset manager”.
Video: Visa at Sibos 2022 – The evolution of B2B payments
We speak with Visa’s Darren Parslow about the shifting B2B payments landscape.
HSBC taps Oracle to power digital transformation
HSBC will upgrade and migrate select database systems to Oracle’s Exadata Cloud@Customer platform.
Egyptian fintech Telda lands $20m seed funding
The round was led by Global Founders Capital with participation from Sequoia Capital and Block.
Happy feet
Always keep going. That’s the only way any of this work gets done.
Goldman Sachs plots reorganisation, reveals change of plans for Marcus
“The concept of being broad, with a consumer footprint, is not really playing to our strength,” says CEO.
Video: BNY Mellon at Sibos 2022 – The growth of real-time payments
We chat with Carl Slabicki of BNY Mellon about current payments trends and the growing adoption of RTP.
UBCI revamps corporate banking tech with Finastra and Tesselate
Union Bancaire pour le Commerce et l’Industrie (UBCI) modernises trade and cash management tech.
Mastercard to enable banks to offer crypto trading services with new solution
Named Crypto Source, the new offering is being developed in partnership with Paxos.
HealRWorld set to launch first UN SDG-focused corporate debit card
The debit card, launching soon, aims to reward sustainable businesses.
Digital challenger Bunq wins “landmark” case against Dutch Central Bank
The firm took the DNB to court earlier this year over the use of AI/ML technology for AML checks.
US digital bank Green Dot fires CEO, appoints George Gresham as replacement
Dan Henry has been terminated as CEO and president of the company and resigned from the board as of 14 October.
Video: NatWest at Sibos 2022 – The open banking revolution
We speak with Dan Globerson of NatWest about the bank’s open banking strategy.
Video: Bank of America at Sibos 2022 – Cross-border payments trends
We chat with Derrick Walton of Bank of America about how cross-border payments have evolved.
Funding Circle names Greig McEwan as new CTO
McEwan most recently served as CTO at European freight-forwarding firm Sennder.
Video: ING at Sibos 2022 – Interoperability in trade finance
We chat with Lynn Ng of ING about whether cross-platform interoperability in trade finance is possible.
Belize Bank extends core banking partnership with Finastra
The bank has migrated the operations of Scotiabank (Belize) onto Finastra’s Fusion Essence platform.
Apple and Goldman Sachs to launch savings account for Apple Card
The savings account will allow Apple Card users to deposit their “Daily Cash” rewards automatically.
