British Business Bank appoints interim CEO, accredits 10 more firms
Catherine Lewis La Torre starts on 1 September.
Catherine Lewis La Torre starts on 1 September.
Soon to be former VP joined the start-up a year ago.
The start-up will expand beyond Western Europe.
Diebold Nixdorf signs a contract worth $20m.
Since January, Marcus has seen more than £8 billion inflow.
The bank says 1,000 users have downloaded the app.
Left Lane Capital led the new round, brining M1’s total raised to $55m.
The fintech already has more than 100,00 sign-ups.
OneSumX to be deployed across mBank’s Polish, Czech, and Slovakian ops.
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Sparkle already has a banking license from Nigeria’s central bank.
Luminor has been working on centralising its IT systems.
The old system has been in place since the early 2000s.
The Islamic finance industry is set to grow to $3.8tn by 2022.
Both firms want to speed up access to credit for SMEs.
Users can now send money with just a phone number.
Crown Commercial Services adds another open banking partner.
Dell Technologies and World Wide Technology discuss the technology challenges facing FIs.
H4 claims that documentation in capital markets is ripe for change.
The vendor is aiming to push its SmartEcosystem platform.
To develop industry standards, four things need to happen.
The challenger is working with solarisBank and Visa.
Up to 12 winners will be selected to receive in prize money.
German regulator alleges Wirecard gave “misleading signals” for its stock market price.
Both regions want to boost their statuses as financial technology hubs.
A go-live is expected in May 2021.
ANNA has been busy onboarding customers and adding features to its platform for SMEs.
The acquirer wants to boost revenues by 25%.
The Dubai-based innovation centre plans for Series A injections to come.
But the regulator is not considering a national bank charter for fintechs.
The acquisition is expected to close in Q4 2020.
All three co-founders have taken exit options from Aviva’s investment.
The fintech is sharia-compliant and follows AAOIFI rules on gold.
The deal means that VeriTran’s front-end will integrate with Mambu’s SaaS cloud banking platform.
The payment scheme is planning to enable QR payments for more customers.
In the UK, up to 8.8 million people are over-indebted.
FinTech Futures’ weekly news round-up.
The fintech’s sandbox is regulated by the FCA.
New York-based cloud communications firm Cloud9 Technologies has raised $17.5 million is a Series B funding round.