Santander UK enters open banking payments partnership with Token.io
Customers will now be able to make direct A2A payments from external accounts to repay credit cards.
Financial Services/Finserv
Dutch fintech start-up Tebi bags €20m Series A funding
Tebi offers a financial platform tailored for independent hospitality and retail businesses.
FinVolution expands into Pakistan with Daira launch
Daira is a new lending platform offering low-interest, flexible loans for customers in Pakistan.
Sibos 2024: A delicate balancing act – addressing the ‘speed vs security’ dilemma in cross-border payments
In today’s world, customers are constantly demanding faster and more convenient cross-border payments.
SoFi secures $2bn deal with Fortress Investment Group to expand loan platform business
The deal will help fuel the company’s personal loan origination activities.
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.
Augmentum Fintech appoints tech entrepreneur William Reeve as new chairman
Reeve’s 35-year career includes roles at IBM, NatWest, McKinsey, and Nutmeg.
New Zealand Bankers Association selects UK fintech obconnect to power the country’s CoP ecosystem
Retail banks in New Zealand will begin rolling out the new CoP service “by the end of November this year”.
Best Egg lands $500m purchase facility to expand personal loan product
The purchase facility builds on the company’s $225 million Series E round completed in March 2022.
Sibos 2024: Achieving the G20’s cross-border payments goals – embracing a balanced approach
How can the global financial industry ensure we meet the G20’s cross-border payment goals?
White paper: Combatting APP fraud – how to build a best-in-class fraud prevention solution
Strategies for banks to combat APP fraud, insights into payment security and protection against threats.
Warburg Pincus snaps up minority stake in Brazil’s Contabilizei for $125m
Warburg Pincus has now become Contabilizei’s largest shareholder.
Monzo achieves $5.9bn valuation with employee share sale
This follows Monzo’s June announcement of its first annual profit.
Standard Chartered’s India and South Asia CEO Zarin Daruwala to retire
Standard Chartered says it will provide an update on Daruwala’s successor “in due course”.
ICYMI fintech funding round-up: Bitlayer, Quartr, FutureMoney, Solifi and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
TSB Bank fined £10.9m by FCA over handling of customers facing financial difficulty
The fine follows an independent review commissioned by the FCA in July 2020.
Italy’s Banca Sella becomes first European bank to launch QR code for the visually impaired
Banca Sella to implement TQ Braille, Arti Grafiche Parini’s tactile identification solution.
Autonomous AI agents: outsourcing decision-making as the new CX paradigm in finance
AI agents are poised to become integral to how we manage and interact with our finances.
Toss Securities promotes Gyubin Kim to CEO
Kim succeeds Seungyeon Kim, who has served as CEO of Toss Securities since April last year.
UK challenger Monese to be acquired by fellow fintech Pockit
Pockit is to invest £15 million into Monese to support the “integration and future growth of the business”.
LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally
Tally closed in August, citing insufficient funding as the primary reason for its shutdown.
Lakeside Bank selects Volante’s PaaS for RTP processing
Lakeside is using Volante’s PaaS for Swift cross-border, RTP real-time, and FedNow instant payments.
Financial planning fintech Facet raises $35m funding round
This round increases Facet’s total raised to $210 million.
You always have the choice to not be that guy
Just because the phone is ringing, it does not mean it is an appropriate time to take the call.
Sibos 2024: The future of sustainable finance – opportunities, challenges, and the road ahead
Sustainable finance is no longer an optional add-on for banks—it is central to their future competitiveness.
What the FinTech? | S.5 Episode 17 | The growth of BNPL and the future of credit reporting
In this episode of the podcast, we’re joined by Liz Pagel, SVP and Consumer Lending Business Leader at TransUnion.
Spendesk’s CEO to step down, replaced by Jellysmack’s Axel Demazy
Outgoing CEO Rodolphe Ardant is shifting into an advisory role.
NuMark Credit Union teams up with NCR Atleos for branch upgrade
NuMark is transferring “complete responsibility” of its self-servicing banking operations to NCR Atleos.
Digital business bank Grasshopper to buy ACG’s Auto Club Trust
The deal will increase Grasshopper’s total assets to approximately $1.4 billion.
RTGS.global co-founder Nick Ogden resigns
Ogden’s departure comes shortly after the resignation of his fellow co-founder, Andrew Smith.
Logik.io bags $25m Series B for AI-driven CPQ platform
Logik.io previously raised $16 million through a Series A in May 2023.
DeFi Technologies snaps up Stillman Digital in $5m share deal
DeFi Technologies has acquired Stillman Digital’s securities for 2.5 million shares, valued at $2.10 each.
Video: REV FCU at FinovateFall 2024 – Third-party risk management in financial services
Zac Streelman of REV FCU discusses managing risks and regulatory compliance for third-party relationships.
Video: Merlin Investor at FinovateFall 2024 – Driving the democratisation of retail investing
Guido Petrelli of Merlin Investor discusses the evolution of the retail investing landscape.
CoreFirst Bank joins NCR Atleos’ Allpoint Network for self-service banking boost
The bank can now offer access to over 40,000 surcharge-free ATMs located throughout the US.
Webinar | 28 November 2024 | AI in financial services: Navigating the evolving regulatory landscape
Join our FinTech Futures webinar to examine the regulatory landscape for AI in UK finance.
Qonto appoints Natalia Williams as new chief product officer
The new hire comes amid Qonto’s efforts to expand into four new European markets.
TreasurySpring names Tom Ryan as new global head of partnerships
Ryan’s role will include expanding TreasurySpring’s global presence across both the US and European markets.
Sibos 2024: Building the bank of tomorrow – connecting the future of finance in a rapidly evolving payments landscape
The bank of tomorrow will be defined by its ability to adapt to the pace of technological innovation.
Montana’s Intrepid Credit Union launches digital banking with Alkami
Alkami says the platform will enable the credit union to “foster greater engagement”.
