Miami neobank Fortú launches with Galileo Financial Technologies
Fortú plans to focus on Latinx communities and their unique needs.
Financial Services/Finserv
PBCOM goes live on cloud-based Temenos core banking system
Philippine bank first signed for Temenps back in 2012.
Liberty Bank signs digital banking deal with Alkami Technology
Connecticut-based bank seeks to revamp its services with Texan vendor.
Canadian fintech Wealthsimple raises record $610m at $4bn valuation
The fintech started off as a robo-advisor back in 2014.
What I learned from a chatbot about the future of digital banking
We ought to abstract tech away from the schema and focus solely on people.
Video: pick of the week – new payments system in Singapore, Bank of Ireland tech hires
A top pick of stories from the world of finance and tech in bitesize video format, weekly.
Report: AI – the future of content management in financial services
Our latest deep-dive report focuses on the potentially revolutionary role of AI in banking content management.
Launchpad Capital unveils $35m fund with Lithuanian fintech focus
Vilnius has dubbed itself the “the G-spot of Europe” since 2018.
Lanistar secures FCA approval less than six months after regulatory warning
Lanistar also filed its unaudited accounts last month.
ClearBank appoints Tom Harris as new CTO
UK clearing bank promoted from within to fill technology role.
Ohpen offloads Davinci Consulting to Yellowtail Conclusion
Core banking vendor streamlines newly-acquired Davinci Group.
Nordea core banking chief Joseph Edwin leaves after six years
Joseph Edwin steps away from Nordic giant after many years leading major change.
FinHealth Spend Report uncovers market opportunities and need for innovation
In 2020 Americans spent more than $300bn in interest and fees across common financial services.
Nuapay becomes Australia’s first open banking payments platform
Nuapay’s joint value proposition caters to both consumers and merchants.
Au Jibun Bank investment app: changing hearts and minds
Au Jibun Bank aims to become the lifelong partner for every customer.
Omnio picks Autorek platform to automate reconciliation
Omnio’s previous manual processes relied on Microsoft Excel, but will now be automated by Autorek.
Bank of Ireland COO: “Inside every bank there’s a tech company”
“We’ve reached a tipping point,” says COO.
Singapore pledges $32m to help regtechs take POCs to market
Welcome to “the Valley of the Valuable POCs”, says MAS chief fintech officer
Virgin Money picks Trade Ledger for business banking boost
UK bank lays groundwork for new business products in 2021.
Deutsche Börse and Commerzbank team up to support DLT firm 360X
German giants support illiquid assets investment platform.
UK neobank hopeful Kroo partners with Bugni Labs for credit engine
Kroo underwent a brand revamp from B-Social last year.
Fintech funding deals globally 26 April – 2 May 2021
Featuring Brex, Paxos, Vena, Greenlight, and Current.
Stop running out of cash
With the right approach and clever outsourcing, cash management becomes a success for FIs.
Video: Top fintech stories this week – 30 April 2021
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe.
French watchdog says banks risk “marginalisation” by Big Tech payment apps
The paper focuses on Big Tech-associated threats to competition.
UK eco-banking challenger Tred lands £1m in Crowdcube raise
Tred partners with Forest Carbon to deliver on its tree planting promise.
São Paulo fintech brokerage Warren lands $55m led by Singapore’s GIC fund
The fintech intends to use the fresh capital to hire more employees.
AZA Finance acquires Exchange4Free to become largest non-bank FX firm in Africa
Trading firm says it can double its transaction volume to $2.5 billion by 2021.
Sendit.Money chooses Lerex Technology for prepaid payments tech
Mobile wallet provider picks UK prepaid firm in preparation for launch.
Meet Jake: Gen Z crypto enthusiast
Gen Z is already forming an opinion about banks that is not favourable. Have the banks lost the battle for Gen Z?
Greek fintech Viva Wallet lands $80m from Tencent, EBRD
Viva is in the midst of launching a credit service for merchant customers.
Hampshire Trust Bank picks DPR platform to outfit origination
HTB is replacing a long-standing legacy system with the cloud-based DPR solution.
Virgin Money Australia claims to “break new ground” with loyalty scheme
There is clear disruption already happening in the rewards space.
Thought Machine plugs into Wise’s money transfer API
Thought Machine is plugging into via its own ‘Vault’ platform.
State Street hires Aman Thind as new global chief architect
Aman Thind will drive the US bank’s technology transformation.
Nymbus lands $20m from Vystar Credit Union for new CUSO
Core banking vendor’s new project wastes no time in landing funding.
Video: fintech news pick of the week – HSBC, 11Onze, UK fintech funding & more
A top pick of stories from the world of finance and tech in video format, weekly.
The power of the tribe
In a global village filled with noise and people trying to get a free ride, the tribe is strong, vibrant, unaffected.
Spoil the magic: machine learning in fintech
Nothing in your business should be magic, it’s just nice if it looks like magic to outsiders. We’re talking about machines here.
Dear Luc: I want to offer Apple Pay, how easy is mobile wallet integration?
This week Luc tackles Apple Pay integration for fintechs looking to level up their payments.
