How data-driven suptech can change the game in fighting financial crime
Suptechs are gaining prominence in financial services with pioneers like the EBA and MAS breaking new ground.
Digital
Temenos Community Forum 2022: Everyone’s banking platform will be composable
Temenos Community Forum 2022 was held at the ExCel in London last week.
US fintech Caribou lands $115m Series C at $1.1bn valuation
Caribou will use the new funding to invest in its platform, expand its team and develop new products.
Finance super-app M1 deploys Thought Machine’s Vault Core
M1 will deploy Thought Machine’s Vault Core to launch products from one unified, coherent “source of truth”.
How CBDCs will transform the way India transacts
The proposed implementation of CBDCs will completely change how the country perceives money.
BaaS fintech Griffin taps Clausematch for banking licence applications
Clausematch simplified the application to the Prudential Regulation Authority and the Financial Conduct Authority.
Payments infrastructure firm Xendit lands $300m Series D round
This latest round brings Xendit’s total funding raised to date to $538 million.
SpotOn bags $300m Series F at $3.6bn valuation
SpotOn has raised $928 million in funding to date.
The Credit Thing goes live with TrueLayer’s recurring payments API
The Credit Thing will now use TrueLayer’s recurring payment API for improved customer experience.
Congratulations to the Banking Tech Awards USA 2022 winners!
Take a look at the 2022 Banking Tech Awards winners
FinTech Futures: Top five stories of the week – 20 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: CertifID, Bridgecard & Forward
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Finovate Spring 2022: Starling CEO Anne Boden on what big banks can do better
Starling Bank CEO Anne Boden delivered a keynote speech at the Finovate Spring conference in San Francisco.
Dutch BNPL fintech in3 lands $85.3m Series B
In3 CEO says the funding is “testament to the scale and growth of our proposition in the BNPL community”.
Programmable banking
We are fast approaching the time finally being right for programmable banking.
Ophelos partners Plend for ethical debt resolution
Ophelos’ machine learning platform will enable Plend to support customers in debt with “fair” payback options.
US fintech Current launches platform API with Plaid as first partner
Current’s platform API enables fintechs to build embedded financial services solutions quickly and easily.
CommBank-backed money app Kit enters trial phase
Kit is available in trial mode to 5000 people living in Australia.
Finovate Spring 2022: The changing landscape of financial services
Digital innovation is one of the key talking points at this year’s conference.
Finbourne Technology hires Robert Byrne as CTO
The appointment follows the company’s recent expansion into North America and APAC.
Now is not the time
Now is the only time. And every time you say ‘not now’ you make everything that little bit harder for your future self.
Mastercard partners Dreams for sustainable banking solutions
The two firms aim to develop digital banking solutions that will help banks tackle climate change.
BforBank taps Temenos for Google Cloud-supported future expansion
BforBank is the fully digital banking offering from French international banking group Crédit Agricole.
Tide partners Sage to offer new tax and accounting product
Tide says its new offering will reduce the “time and stress of traditional accounting” for its customers.
Hawaii State FCU taps Lumin Digital to enhance banking services
Hawaii State FCU will go live on Lumin Digital’s platform in June 2022.
Paying it forward: how Zirtue aims to remove the stress from relationship-based lending
FinTech Futures speaks with Zirtue co-founder and CEO Dennis Cail about tackling predatory lenders.
White paper: Digital lending – how technology transforms banks
A step-by-step overview of digital lending transformation in banks, brought to you by HES FinTech and FinTech Futures.
White paper: How to select a digital lending solution – the ultimate guide
Answering some of the key questions lenders ask when choosing a software vendor for their lending automation product.
Report: Northern Ireland fintech – leaders in ESG
A deep dive into how Northern Ireland became a pioneer in the advances of fintech, regtech and ESG.
Blockchain fintech Oasis Pro lands $27m Series A
The company’s mission is “to bridge the world of traditional finance, blockchain and decentralised finance”.
Brazilian fintech Nomad raises $32m in Series B funding
Nomad previously raised a $20 million Series A round in July 2021.
Westpac partners 10x Banking on new platform for institutional clients
10x Banking will provide the core technology for the new venture.
Former Meta, PayPal chief launches Bitcoin payments start-up
Lightspark aims to “explore, build and extend the capabilities and utility of Bitcoin”.
Digital assets platform Elwood lands $70m Series A
The Series A cash will go towards expanding Elwood’s product offerings and global operations.
Santander uses in-house cloud tech to digitise core banking
Santander expects to fully complete the transition within the next two to three years.
How to get investors on board with your ESG journey
I recently spoke with Delta Capita’s Leeya Hendricks to get her perspective on all things ESG investing.
Experian buys majority stake in Brazilian fintech MOVA
Experian will buy a 51% stake in MOVA for $7.9 million.
Altro bags $18m in funding to help people build credit
Altro aims to help people build credit through recurring payments and subscriptions such as Netflix and Hulu.
Token lands $40m to scale open banking payments in Europe
Existing investors Octopus Ventures, Opera Tech Ventures and SBI Investment also participated.
Appian awarded $2bn in damages in trade secrets lawsuit
Appian believes the $2 billion judgement is the largest award in Virginia state court history.
