Danske Bank deploys Windward AI to track risk at sea
Windward claims its AI uses 10 billion data points.
Financial Services/Finserv
Danish digital bank Lunar picks FIS for treasury and risk
Lunar to deploy a cloud-based version of Ambut Quantum.
South African BaaS provider Ukheshe to acquire local fintech Oltio
Oltio is a smaller South African firm which hosts QR code payments for Mastercard.
Founder and CTO of Malauzai leaves Finastra
Daniel Piangerelli departs two years after Finastra acquisition.
New York challenger Current lands $131m in Series C funding round
The capital will go towards Current’s product offerings.
Navigating the new normal – how to redefine KYB and enhance the SME experience
The “one size fits all” approach to compliant onboarding is simply no longer relevant.
Square and Tencent lead €93m Satispay funding round
The Italian paytech firm has recorded “significant growth” in 2020
Indian payments fintech Cashfree lands Apis-led $35m Series B
Cashfree counts more than 50,000 businesses as customers.
Goldman’s former CIO becomes chairman of Israeli fintech The Floor
“I believe The Floor has transformative potential to impact the financial services industry.”
Prospective Philippines digital bank Uno picks Mambu
Uno’s parent DigiBankAsia is working with Philippine regulators to obtain a licence.
E-book: The dawn of end-to-end AML compliance
The components of an end-to-end AML compliance solution and how to put your organisation on the right path.
Advanzia Bank signs Backbase to power three new mobile apps
The new applications have gone live across France, Austria, and Spain.
HMBradley lands $18.25m Series A led by Chime investor Acrew Capital
To date, the fintech claims it has surpassed $90 million in customer deposits.
Western Union snaps up 15% stake in Saudi telco’s payments arm
Currently Western Union provides stc pay with money transfer services.
Investing as magic discovered
A new investment app that aims to truly change the way you are used to thinking of things.
AI rewrites 21st century debt collection practices
It’s likely that AI will find a range of uses in the debt collection sector.
Deutsche Börse leads $15m round for sustainability start-up Clarity AI
“Our purpose is simple: to measure the impact of companies on our society and planet.”
On-demand payment innovation at the heart of digital “new normal”
The COVID-19 pandemic has delivered industry changes in rapid time.
Suncorp exec-founded neobank Alex raises AUD 10m
The funding is headed towards marketing and product development.
Blockchain-based lender Figure seeks US bank charter
Figure wants to simplify its regulatory and compliance procedures.
Be Money rebrands as Daylight in preparation for US launch
Daylight promises a range of LGBTQ+ services to support its customers.
Building out a payments hub with Infosys Finacle
Peter Ryan, senior product manager at Infosys Finacle, speaks to FinTech Futures about payments.
Starling Bank claims to be UK’s first profitable challenger bank
CEO Anne Boden announced £800,000 profit in a company update.
FinTech Futures Jobs: five things a fintech start-up founder will ask you in an interview
Interviewing in a fintech company is different from interviewing in other industries.
Christian Investors Financial picks Finastra core system
Finastra to deploy Phoenix on the Microsoft cloud.
Ogaki-Kyoritsu Bank selects Moneythor to revamp digital banking
The regional Japanese bank wants a hybrid approach for customers.
Fidelity Bank & Trust goes live on Jack Henry’s SilverLake system
The Iowa-based bank replaces several legacy systems
Google Pay unveils integrated banking challenger Plex
Plex will sit in the wider, revamped Google Pay app.
European Central Bank taps SIA and Colt to connect market infrastructure
SIA and Colt will help the ECB connect through the ESMIG single access interface.
Mortgage platform Better.com lands $200m in Series D funding
Better claims to have funded $25bn in home loans since 2016.
The growth springboard for your bank
Coforge and Profinch execs share their thoughts on Oracle Flexcube.
FCA issues Lanistar warning as tech partners disavow connection
UK payments-as-a-service fintech Modulr is among them.
Chipper Cash raises $30m in Series B featuring Jeff Bezos VC
The Amazon founder’s personal VC participated in Chipper’s latest funding
Latvian loan investment marketplace Mintos crowdfunds €6m
Mintos currently hosts 68 lending companies.
UK challenger Monument partners with Mambu, AWS & Accenture
“Monument concluded that no appropriate single solution existed”.
Digital banking platforms – the new core
Banks that want to own their distribution should also have a strategy for DBP in place.
UK challenger Finndon lands e-money licence
The start-up plans to launch in 2021.
Monzo replaces chief risk officer Lisa Nowell
Nowell leaves after just over a year in her position.
One of Turkey’s largest fintechs Papara gears up for expansion
It launched in 2016 and became cash flow positive in 2017.
Former UniCredit execs launch Aidexa to service Italian SMEs
The bank aims to win over some of the seven million small businesses in Italy.
