China’s central bank issues Ant Group ultimatum after blocked IPO
The Peoples’ Bank of China wants Ant to overhaul its business or face the consequences.
Financial Services/Finserv
Jamaican central bank plans electronic payments regulation revamp
Jamaicans sent $4 billion in electronic payments in 2019.
Embedded insurance: a $3tn market opportunity, that could also help close the protection gap
All players should look carefully at this space and define strategies of “where to play” and “how to win”.
What the Fintech? Season one | Fintech Jail
Here’s a list of all the buzzwords in our What the Fintech podcast game, “Fintech Jail”.
2020 in review: Top core banking stories
We run down the most interesting core banking stories from this year.
2020 review: A year which saw fintechs cut jobs, pay & business arms
A number of fintechs have still been tested during COVID-19, some to the brink of collapse.
Independent broker-dealers: keep reps and build on fund-family partnerships
Let’s get the lay of the land with a quick industry-evolution review and where it’s left IBDs.
2020 review: 10 largest regulatory fines this year
The fines kept flowing even in a year as turbulent as 2020.
10x Future Technologies eyes $100m in Series C round
Its founder has hired financial advisory group, Lazard, to oversee its funding round in 2021.
Barbados to implement real-time banking
The government has been working with the credit union movement to move things along.
2020 review: 10 largest bank job cuts this year
This year has seen several job cut announcements.
FCA makes major changes following LCF and Connaught review
Firms that have not used their regulatory permissions for the last 12 months are at risk of having it revoked.
Banks and bad actors: the race to digitally adapt
Financial services are far from reaching a “new normal”.
SoftBank aims to raise $525m with Spac IPO
Goldman Sachs Group and Citigroup are managing the deal.
2020 review: Top 10 fintech and bank M&A deals
Despite COVID-19, the financial sector has still enjoyed some notable M&A deals.
Coinbase files for IPO listing amidst racism scandal
The start-up has long struggled with its management of Black employees.
TransferWise preps for 2021 IPO
The firm has asked investment banks to pitch in the new year for roles on an impending IPO.
Modernising through legacy tech: powering the next wave of fintech innovation
It’s clear that mainframes are the ideal solution for fintech enterprises.
Central State Bank goes live on Finastra’s Fusion Phoenix core
Fusion Phoenix is a modern core, built entirely on Microsoft technology.
2020 review: Top five cyberattacks this year
Cybercriminals haven’t stopped their activities in 2020.
Mastercard makes undisclosed investment in Form3
The additional undisclosed funding follows its $33 million raised in August this year.
Combination of weaknesses led to massive data breach at Desjardins
The incident compromised the data of nearly 9.7 million Canadians.
2020 – A shock to the system for the banking industry
Fintech Futures talks to James Buckley, vice president and Europe director for Infosys Finacle.
IBM buys Canadian fintech Expertus to bolster payments offerings
The acquisition strengthens its portfolio as an end-to-end digital payments solution provider.
EXCLUSIVE: Neobank First Boulevard launching next year to target Black America
CEO and founder, Donald Hawkins, tells FinTech Futures about the process of the name change.
Unit raises Series A funding to offer banking intergration
The start-up has raised a total of $18.6 million to-date.
FCA fines Barclays £26m over poor treatment of customers in financial difficulty
Barclays did not dispute the FCA’s findings and agreed to settle the case.
Fintech projections for 2021
Top five fintech trends to watch in 2021.
What the Fintech? Episode 18 | Year in review
We relay our industry highlights of 2020.
Paytech firm Ondot acquired by US banking tech giant Fiserv
Fiserv says the Ondot takeover will help it provide a “unified digital experience” to customers.
US state regulator says Robinhood is “aggressively marketing” to novices
The regulator calls out Robinhood’s approach of “gamifying” trading.
Cloud subscription consolidation platform Cledara lands $3.4m
“Most of Cledara’s initial clients came from organic growth.”
Former JP Morgan execs launch wealthtech Vestrata with $4m
Vestrata has already signed up a number of investment managers and solution partners.
Fintech digital transformation challenges during COVID-19
How to get ahead in realising revenues and returning profits to shareholders.
Swift calls for collaboration to help build the future of global transactions
Swift’s ambitious new strategy to reinvent global financial transactions.
Worldline buys controlling stake in ANZ’s acquiring business
Worldline says Australia is an ideal stomping ground for international expansion.
London BNPL fintech Zilch latest to enter UK market with $30m
Zilch claims to be the only BNPL player to combine open banking with soft credit checks.
Top 10 Women in Fintech Power List 2020
We bring you a shortlist of ten women in – or investing in – fintech.
Aussie neobank Xinja crumbles under unfeasible interest rates
The neobank landed a full banking licence last year.
Mexican challenger albo raises $45m in Series B funding round
Albo has now raised just over $72 million across five rounds.
