MFS Africa opens up continent to PayPal’s remittance service Xoom
Present in a whopping 160 markets already, Xoom still wants more of the pie.
Financial Services/Finserv
The music of embedded finance
Embedded finance is all about making the admin of life seamless, low-friction and invisible.
Vacuumlabs partners with GPS, the award-winning paytech behind Revolut and Starling
Delivering new products and features that enable businesses large and small to realise breakthrough innovations.
Banking Tech Awards 2020 winners unveiled!
Watch Tom Ward perform his stand-up and unveil the winning projects, companies and people of Banking Tech Awards 2020.
Swiss challenger Alpian picks cloud hosted Temenos tech
Alpian plans to deploy Temenos Transact and Temenos Payments in a SaaS model.
Connect bank operations from front to back
Improve efficiency and compliance while simultaneously lowering costs and risks.
Mozper lands $3.55m to launch kid debit card in Mexico
In August, Mozper – with the help of partner Visa – launched its closed beta with 500 families.
AnaCap announces acquisition of Novia Financial
The deal is AnaCap’s third foray into the UK investment space since 2019.
Société Générale acquires French digital sales platform Reezocar
The bank wants to expand the car sales start-up’s insurance and financing.
The time is now to update your finance operations
Modernising the finance department should be a priority.
Ask the expert: what’s the “partnership problem” – and how do I solve it?
Alongside raising investment, securing the right partnerships is critical for business survival.
Omdia Universe 2020-21: Temenos recognised as a leader for digital banking platforms
Based on Temenos’ combination of market impact, solution capabilities, and customer experience.
iBanFirst appoints Said Layadi as new CTO
Layadi joins after stints at Euronext and Ingenico.
MoneyGate signs core banking deal with Finartix
Cypriot EMI picks out a new core system while its application processes.
Česká Sporitelna signs infrastructure deal with Leveris
Czech bank aims to revamp software and databases.
Digitalisation landscape in Pakistan – a tech view
The digital and tech teams of the banks need to “think out of the bank”.
The Fintech Review: 2020
We cover embedded finance, competition, open banking, and CBDCs.
Tink lands €85m for continued expansion into 2021
The finding extension was co-led by new Parisian investor Eurazeo Growth.
New York-based Synechron buys Australian payments firm Attra
Attra and Synechron will have a combined workforce of 10,000 employees and annual revenue of $650m.
Bancolombia turns to SunTec for enterprise pricing solution
SunTec says it has partnered with TCS “for a first-of-its-kind deployment in Latam”.
Financial assistant app Cleo raises $44 million
Cleo has four million Gen-Z and millennial users; and recorded a 400% revenue growth in the last year.
How digital labour helps financial firms cope with market volatility
Digital labour can offer a range of operational benefits.
Video: Top fintech stories this week – 11 December 2020
FinTech Futures’ weekly news round-up.
White paper: The business value of ServiceNow for retail banks
The value retail banks will achieve annually at $29.54m per organisation ($70,000 per 100 users) by using ServiceNow.
GoHenry latest in kid’s banking sector to land funding of $40m
Over 2019, parents on its app paid £98m in pocket money to their children.
Standard Chartered to launch crypto custodian in UK next year
The bank will, through Zodia, provide custody services for Bitcoin, and Ethereum.
eToro soars to $2.5bn valuation, tripling since 2018
Israel-based brokerage firm has also recruited 300 people this year.
Australian business banking challenger Gallantree adds crypto function
Gallantree targets entrepreneurs, family offices, and high-net-worth individuals.
Singapore and Thailand to link national payment systems in 2021
In Singapore, PayNow monthly transaction values have crossed the $3 billion mark.
Don’t turn a blind eye to spreadsheet vulnerabilities
Introducing PrizmDoc Cells, a secure solution in an intuitive, Excel-like web interface.
Banking’s Christmas ghosts
Charles Dickens’ popular novel, “A Christmas Carol”, gets a banking spin.
Challenger for teens Step raises $50m in Series B
Among new investors are Charli D’Amelio, Justin Timberlake, Eli Manning, and Mantis VC.
Capital One takes swipe against “risky” BNPL firms
“These kinds of transactions can be risky for customers and the banks that serve them.”
Market infrastructure firm Pico raises $135m in Series C
Intel Capital leads the latest round for network company.
Former Uber Money head bags $12.4m for new venture Synctera
The start-up hopes to speed up go-to-market times.
Texans Credit Union selects Episys core system
The $1.7bn credit union needs 12 employees to maintain its legacy system.
The perennial BNPL crown
Blind allegiance has seen the BNPL sector explode in 2020.
The times are always a’changing
The story we try to reconstruct and the story we tell ourselves isn’t the full story.
Comarch launches new factoring system
Comarch Cloud Factoring enables managing the entire lifecycle of an invoice with no paperwork involved.
Bank of England’s Islamic liquidity announcement “a huge vote of confidence”
UK’s Islamic finance sector welcomes ALF announcement from central bank.
