What is SDR and how is its value calculated?
The Special Drawing Rights (SDR) is an international unit of account created by the International Monetary Fund.
Financial Services/Finserv
Planning your payments for infrastructure modernisation
Preparing to modernise your payments infrastructure is similar to building a travel itinerary for a trip.
Executive checklist: Hybrid cloud infrastructure for payments
Questions to consider as you evaluate a hybrid cloud implementation.
Analyst paper: Payments modernisation in retail banking
Re-evaluating current infrastructure and payments capabilities at banks has become necessary.
EML Payments halts trading over Central Bank of Ireland probe
Australian payments firm suspends shares over “significant regulatory concerns”.
Goldman Sachs plans UK app launch, robo-adviser for 2022
the UK makes up just under a third of Marcus’ $100 billion deposit total globally.
Stripe acquires card verification fintech Bouncer
Both Bouncer’s team and its technology will join Stripe.
Abu Dhabi Islamic Bank picks FIS Open Payment Framework
UAE-based bank seeks to capitalise on customers paying digitally.
ETX acquirer Guru Capital snaps up fintech start-up Oval Money
Launched in 2017, Oval’s mobile app claims more than 100,000 “active” users.
Treasury Prime raises $20m in Series B cash to fuel BaaS expansion
The firm anticipates a rise in demand for its services in 2021.
Scottish Equity Partners invests in compliance firm FundApps
FundApps says it can “transform” investment management.
Fintech funding deals globally 10-16 May 2021
Featuring Gojek, Ethos, CloudWalk, Yuanbao, and Athena.
Video: pick of the week – Bahrain to pilot digital currency; Facebook shifts crypto venture to US
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
Shortlist announced for PayTech Awards 2021
Register for the digital gala and networking on 8 July 2021 – it’s free to attend and open to everyone.
FE fundinfo acquires cashflow planner CashCalc
“Cashflow planning is a key component of an adviser’s process”.
Pockit customer forced to send bailiffs in battle for locked funds and rent money
Pockit owes the customer a total of £352.
Silicon Valley Bank inks payments processing deal with Modern Treasury
Agreement will provide processing for SVB’s clients.
US Bank and Plaid sign API integration deal
US Bank customers will use Plaid APIs to connect to third party services.
Omnio raises €30m to expand BaaS product across Europe
UK-based provider is also seeking to launch a future IPO.
State of play: digital wallets / super apps
What does it take for a digital wallet to achieve the “super app” status?
Design as a strategic superpower in banking
Design-led change is a collaborative process in which personal relations are a key driver.
Video: Top fintech stories this week – 14 May 2021
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe.
ICYMI funding round-up: Mavience, VitraCash, KogoPay & more
We round up another selection of deals you may have missed.
PayPal deepens Google Cloud relationship with new infrastructure deal
Google Cloud to help PayPal process transactional data “at massive scale”.
Degussa Bank plans new credit card launch with Nets
It is the first partnership of its kind for the Nets in Germany.
Google Pay dips toe in cross-border market with Western Union, Wise
India, Singapore, and the US to be first countries trialled for remittances switch.
Bahrain’s central bank to pilot digital dollar with JP Morgan and Bank ABC
Bank ABC’s deputy group CEO calls this a “landmark pilot”.
N26 issued order by German regulator to improve AML measures
To oversee these changes, Bafin has appointed a “special commissioner”.
Video: pick of the week – Tink and AmEx team up; Commerzbank agrees 10,000 job cuts
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
For many CFOs, the time is now to embrace AI for cash forecasting
An opportunity to introduce new tiers of speed and agility and to enhance finance teams’ value to the organisation.
Dear Luc: Should I offer multi-currency accounts to cover post-pandemic travel?
As the world opens up, our writer asks if multi-currency accounts are a necessity, and how to offer them.
Six steps to slash digital banking go-to-market time
We use the FinTech Insights platform to investigate how banks can reduce their time-to-market.
eBay edges away from PayPal to offer cash advances with UK fintech YouLend
Ebay purchased PayPal back in 2002, before spinning it off in 2015.
Avon Mutual plans 2021 banking licence to serve West of England communities
The start-up bank appointed a new CEO earlier this year.
OpenWrks, Tully, Payplan and PayLink merge under private equity firm
All four firms span the debt advice, credit risk and collections industries.
US challenger for freelancers Lili lands $55m and passes 200,000 users
Lili wants to be a go-to app for freelancers in the US.
Swiss challenger CrescoFin gears up for digital banking with Veriff deal
CrescoFin aims to offer a “compelling alternative” to banks.
Nationwide moves payments processing to the cloud with Form3
UK building society says the platform’s deployment “is an exciting moment”.
And then we came to the end
Is the time upon us to really address organisational dysfunction?
What the Fintech? | S.2 Episode 10 | Too cool for school
Riten Gohil, partner and co-founder at Sphonic, joins us on this latest episode of the What the Fintech? podcast.
