Modularbank lands €4m to set up UK commercial operations
The start-up claims to be cashflow positive since its inception.
Financial Services/Finserv
Moov Financial raises $27m in Series A funding round
The latest round follows a seed round from August.
Paysafe to list via Bill Foley-backed Spac at $9bn valuation
Blackstone and CVC acquired Paysafe back in 2017 for £3 billion.
Deutsche Bank expands Google cloud partnership
Major German lender expands cloud usage to lending and retail banking.
JPMorgan snaps up tax automation fintech 55ip
“Advisors are increasingly seeking intelligent, automated tools,” says bank.
VMware exec: AI’s two Achilles’ heels keep me up at night
69% of enterprise executives think AI is “essential” for responding to cyber threats.
Regulation 2.0: the AI tech revolution is here and now
How do we reimagine the regulatory framework?
Solving payments and card challenges with a platform approach
A platform approach improves efficiency and customer trust.
E-book: Migration to cloud – your guide to delivering an intuitive customer experience
Learn how to transform the entire organisation with the migration to the cloud.
Mortgage automation: solving today’s business challenges with a proven tool
AVM is becoming commonplace within the mortgage process, benefitting lenders and consumers alike.
Revolut launches acquiring service for merchant customers
Revolut undercuts Stripe by 0.1%.
Change at the top for London Stock Exchange Group
London Stock Exchange Group and London Stock Exchange make executive changes.
Bank of England selects Appvia for two-year cloud development scheme
Appvia wins selection process started in January 2020.
Retail rewards platform Fetch raises $80m in venture funding
Fetch Rewards has raised $131m since 2013.
Auriga to manage Belgium’s new ATM network Batopin
Batopin was formed by four major Belgian banks.
Designing systems for real-time risk management
Common data challenges and how to overcome them.
White paper: Re-wiring financial services operations for a bold future
Looking beyond the front office to transform experiences.
Greek challenger Woli to launch “neobank for families” next year
The fintech is looking to Europe for its launch.
Wintrust Financial Corporation picks NCR tech
US bank holding company to deploy NCR at 180 locations.
Pockit raises over £500k in its debut crowdfunding
Pockit points to international expansion plans.
Australian lender RedZed is first live on SAP’s Cloud for Banking service
RedZed goes live on SAP package deal, hosted on Amazon Web Services.
Shinhan Bank Vietnam goes live on Finastra risk platforms
Fusion Risk and Fusion Kondor deployed during the pandemic.
UK fintech Updraft raises £16m to refinance borrowers’ credit debt
The fintech focuses on spend-linked borrowings.
Innovations – moonshot thinking and the art of walking the Earth
In wealth management, innovations need challengers, ambitious goals… and patience.
Video: Top fintech stories this week – 04 December 2020
FinTech Futures’ weekly news round-up.
Stripe launches BaaS-type service for merchants with top US banks
“[The] banking experience should be as easy as spinning up a virtual server.”
Payment Systems Regulator names Ruth Wandhöfer as new chair
Wandhöfer replaces Stephen Locke at the payments regulator.
NAB poaches outgoing RBS exec Matheson as new COO
Les Matheson returns to Australia after an early career in the country.
Monzo lands another £60m from new backers
The latest funding still sees to leave Monzo at its £1.2 billion valuation.
UniCredit CEO to step down in 2021
Jean Pierre Mustier calls it quits after butting heads with board.
Alpha Bank appoints new COO in Stefanos Mytilineos
Greece’s second-largest bank shifts things around at the top.
Banking for good
As the new kids on the fintech block start to mature, I do hope they support the broader community.
Northern Ireland boasts highest proportion of fintech workers outside London, says report
Belfast and Londonderry is home to some 74 fintechs which employ around 7,000 people.
FinTech Futures Jobs: the fintech job market is absolutely booming
The global fintech market is predicted to grow at an annual rate of almost 25% – exciting times for jobseekers!
White paper: Analysis of impact and application of advanced analytics in asset management
Unleashing advanced analytics – how asset management firms can take advantage.
Web Summit 2020: A fintech summary
Stripe is looking at products around digital identity.
Libra and Facebook exec joins rental insurtech LeaseLock
The fintech removes the need for renters to pay a deposit for a rental property.
West Bromwich Building Society launches mobile app with Unisys
West Brom to deploy Elevate system underpinning new customer services.
CFTC marks 2020 as record year for penalties issued
US regulator issued a record number of notices this year, even as fines remain roughly the same
Ziglu lands £6m in Seedrs crowdfunding campaign
Last month, Monzo’s former legal head James Sullivan joined Ziglu.
