Santander International to deploy cloud-based Temenos system
Isle of Man and Jersey users switching over to Temenos platform.
Financial Services/Finserv
Tandem Bank goes live on Mambu core platform
Tandem replaces Fiserv’s Agiliti with Mambu’s system.
Banking Technology April 2021 issue out now
Soaring to new heights: a record-breaking first quarter of M&A activity.
Stating the obvious
We need the obvious stated. A lot. And for many reasons.
UK energy provider Octopus launches Moneycoach
It intends to invest £10 million into Moneycoach to scale the offering.
Ikano Bank picks TruNarrative to sit at regulatory centre of digital change
Swedish bank selects UK regtech firm to collate AML programmes.
US core banking vendor Nymbus sets up new business for credit unions
“Credit unions have an immediate opportunity to leverage niche digital banking approaches”.
Airtel Africa sells 25% stake in mobile money arm to Mastercard for $100m
Airtel Africa hopes to list the mobile money business as a separate entity.
Stripe takes first step into Middle East with UAE expansion
Digital payment transactions in the UAE during 2020 reached $18.5 billion.
Clubhouse introduces tipping for content creators with Stripe
The one-year-old start-up has raised around $100 million to date.
How to detect and investigate public sector fraud
Detecting these crimes is one thing; investigating them and stopping fraudsters in their tracks is quite another.
Valutico becomes first fintech start-up to explore ESG valuations
Sustainability considerations are becoming an increasingly integral part of the finserv industry.
WhatsApp Pay finally gets greenlight from Brazil’s central bank
WhatsApp is only allowed to do P2P payments in Brazil.
FTC shutters San Fran fintech Beam for not delivering on 7% interest rate
“Don’t lie about your customers’ ability to get their money when they need it.”
Fintech funding deals globally 29 March – 4 April 2021
Featuring HighRadius, Next Insurance, dLocal, Pipe Dream Technologies, and Paidy.
Financial services are internet-reliant, so how do you prevent downtime?
Digital experience monitoring provides a bridge so that financial institutions can embrace this new digital-first era.
ICYMI funding round-up: Butter, Spiral, SadaPay, OVEX, Ensemble & more
We’ve put together an “In Case You Missed It” (ICYMI) funding list.
Global fintech M&A round-up Q1 2021
Whilst some big deals never closed in Q1, plenty others took their place.
Top 10 funding rounds in Q1 2021
The first quarter of 2021 has seen a handful of big rounds.
Triggers and obstacles to the development of the fintech sector in Poland
A deep dive on the benefits and challenges of the banking and payments landscape in Poland.
Penta co-founder gearing up new venture Relio for Swiss SMEs
Relio is currently in the swings of applying for a fintech licence.
Paysafe goes public via Spac merger
Shares of Foley Trasimene Acquisition Corp. II moved 5.77% higher Monday to $15.39.
Santander launches Prosper open banking-powered PFM app
Roll-out of Prosper has already started in Denmark.
Ripple snaps up 40% stake in Asian cross-border payments firm Tranglo
Tranglo’s global network spans more than 100 countries.
Leek United Building Society extends Sopra partnership
Building society to shift its Sopra system to the cloud.
Dirty little secrets and RFPs
Reshape procurement, the process, the risk matrix, the articulation of business value and your sordid office politics.
Dear Luc: What marketing pitfalls should I avoid?
Some fintechs are getting caught out by the regulators when using terms like “banking”.
Finch Capital acquires Wirecard’s Turkish operations
Investment firm sets up new payments brand in Turkey.
UiPath files for IPO weeks after landing $35bn valuation
The fintech estimates a $60 billion addressable market for RPA.
UK gold wallet Glint goes crowdfunding with £6m “hard cap”
The start-up is raising to fuel its “growth phase”.
Jakarta wealthtech Pluang raises $20m in pre-Series B funding
Pluang wants to extend investment to poorer households in Indonesia.
Broadridge to acquire capital markets firm Itiviti in $2.5bn deal
Broadridge continues its M&A strategy apace.
Taking charge and reducing charges
A major feature of Open Banking is relatively underused – Payment Initiation Services.
Corporate banking’s biggest challenges in 2021, and how to solve them
Three key areas of focus are cash management, working capital, and trade finance.
Visa pilots US stablecoin with Crypto.com to settle transactions
Other incumbents have moved to support cryptocurrency too.
NumberX plans Mastercard for multi-account payments
New linked card service to launch in Germany.
Commerzbank signs five-year Google Cloud deal to migrate banking apps
“Google will now offer the bank a deeper set of platform services”.
Pilot lands unicorn valuation from boosted Series C round
Pilot has landed a $1.2 billion valuation.
US crypto bank Avanti raises $37m in Series A funding
The new cash goes toward capital requirements.
Minna Technologies powers subscription services at Banco Sabadell and ING
Two European banks launch new digital products with the Swedish fintech.
