State of play: payment hubs
Payment hubs are increasingly seen as an attractive solution to manage the new world of payments.
Embedded Finance
SEB Embedded taps Thought Machine to power BaaS offering
SEB Embedded has delivered its first solution for Swedish supermarket chain Hemköp.
Modulr buys AP automation platform Nook, plans to launch Modulr AP solution in early 2025
Modulr AP, powered by Nook, is described as an “end-to-end solution for invoice management and AP automation”.
PayTech Awards 2025 now open for entries
Nominations for the PayTech Awards 2025 are now open, with the deadline for entries set for 14 March.
Solaris sells Engage business to UK fintech Suits Me
Suits Me’s CEO says the migration of Engage customers has “already started and will be finished mid-January 2025”.
FinTech Futures: Top five news stories of the week – 8 November 2024
Our pick of the top fintech news stories this week includes Bank of New Zealand, Airwallex, Griffin and more.
ICYMI fintech funding round-up: Groov, Fundcraft, VibePay, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Marygold & Co UK selects Griffin to embed savings accounts into money management app
The app will launch for individuals and small businesses in the UK “later this year”.
Netherlands-based Intersolve names Five Degrees co-founder Martijn Hohmann as provisional CEO
Hohmann takes the reins of the payment processor from managing director André Moen.
Standard Bank selects Volante Technologies’ PaaS for ISO 20022 compliance
The $166 billion-asset bank has adopted the vendor’s PaaS and embedded pre-processing solutions.
Airwallex reportedly in talks over fresh $200m investment at new $6bn valuation
Airwallex last raised $100 million through a Series E extension two years ago at a valuation of $5.5 billion.
Sibos 2024: Navigating partnerships between banks and fintechs
The relationship between banks and fintechs has been an ever-evolving mix of collaboration and competition.
October 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from October.
Array purchases Payitoff to expand private-label portfolio with consumer debt management tools
Array is set to enrich its private-label suite by incorporating Payitoff’s financial guidance tools.
Dutch paytech Online Payment Platform secures EMI licence in the UK
The company adds that the new licence “now allows OPP to offer a wallet solution” for businesses.
Sibos 2024: Why the future of finance is atomised, embedded, and real time
The convergence of atomisation, embedded finance, and real time is creating a new paradigm in financial services.
Embedded finance provider Solaris embarks on “new chapter of transformation”, says CEO
CEO Carsten Höltkemeyer says BaaS provider Solaris is “at a pivotal moment”.
Nigeria’s OmniRetail acquires SME payments platform Traction Apps
OmniRetail is a start-up aiming to digitise traditional e-commerce through its suite of software products.
Daily News at Sibos 2024
Download your free copy of the Daily News at Sibos publication today!
Sibos 2024: Embedded finance is driving the future of B2B commerce
Embedded finance is becoming a revolutionary force in B2B commerce.
BaaS is dead, long live BaaS 2.0
As the sector evolves away from the wild west of BaaS 1.0, it can enter its more responsible era.
Banking Technology Magazine October 2024 issue out now
Cover story: QUANTUM LEAP OF FAITH – Preparing for the advent of Q-Day.
HSBC launches embedded finance venture SemFi with Tradeshift
SemFi provides embedded payment, trade and financing solutions from HSBC.
Rakbank joins Magnati to launch new SME financing platform in UAE
Rakbank’s underwriting will be guided by real-time transaction data created by Magnati.
UK fintech infrastructure platform Manigo enters administration
Sources tell FinTech Futures that the administration was expedited when a “big project failed”.
Video: US Bank at FinovateFall 2024 – The growth of embedded payments
Anu Somani of US Bank discusses embedded payments’ evolution and key benefits.
Redpin strengthens leadership team with key additions
The newest team member is CTO Yoav Flam, formerly in the same role at HelloFresh.
September 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over September.
Solaris to “discontinue major parts” of EMI business
Solaris says the move “regrettably will bring redundancies across the EMI team”.
Ex-TSB chief Paul Pester joins UK wealthtech start-up Firenze as chair
Launched in January, Firenze seeks to democratise access to Lombard lending.
Paymob secures $22m Series B extension to continue GCC roll-out
The Cairo-based paytech has now raised $72 million in Series B funding.
Payment processor Clowd9 hires former Thredd tech lead Paul Hansford as new CTO
Hansford previously headed technology at Clowd9’s “distinguished competitor” Thredd.
Swiss fintech Yapeal unveils new CEO alongside fresh capital boost
Eidel succeeds Yapeal co-founder Thomas Hilgendorff, who is now transitioning to CCO.
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.
Video: Highlights from FinTech Futures’ Banking Tech Insights panel and networking event
Watch our highlights video from the FinTech Futures Banking Tech Insights event on 11 July.
Banking Technology Magazine September 2024 issue out now
Cover story: HOP INTO THE FUTURE – Banks must turn and face the change.
ClearBank secures new Credit Institution Licence from the ECB to expand into Europe
The licence was secured by ClearBank Europe N.V., ClearBank’s newly established European entity.
Unit secures new embedded finance partnerships with Vantage Bank and Lincoln Savings Bank
The two new deals come just months after Unit revealed it was cutting 15% of its workforce.
Bitpanda selects Solaris KYC solution for onboarding in Germany
Bankident will “enable our customers to start trading within minutes”, says Bitpanda’s Maik Brodowski.
Stripe selects Newline by Fifth Third Bank to expand its embedded financial services offering
Newline enables companies to launch payment and deposit solutions directly with Fifth Third Bank.
