Italy’s Banca Mediolanum launches sustainable challenger Flowe
The bank currently employees a team of 56.
Financial Services/Finserv
Swiss digital asset tech partner Metaco lands $17m Series A
Investor Standard Chartered says “digital assets are here to stay”.
How fintech is transforming financial management capabilities for small businesses
Most business-facing fintech tools have adopted usability conventions from consumer-facing apps.
Video: Top fintech stories this week – 17 July 2020
FinTech Futures’ weekly news round-up.
Webinar: The bottom line – simplifying digital evolution in financial services
Learn how to be be competitive, fast and secure – and the technologies to underpin the digital journey.
OCBC Bank connects to Singapore Government’s identity platform
SingPass enables users to connect to a wide range of platforms and government services.
Bond bags $32m from Coatue, Goldman Sachs and Mastercard
Bond’s offering is based on “developer-focused” applications.
Tink continues acquisition play with credit decisioning platform Instantor
Instantor employees a team of 26.
FreedomPay partners with Barclaycard
FreedomPay activates its Commerce Platform solution for Barclaycard customers.
Banca Ifis breaks into Germany with Raisin partnership
Raisin to power cross-border finance for Italian firm.
Five Spanish banks complete blockchain POC for interbank payments
The platform has programmed more than 20,000 instant credit transfers.
Educational Systems FCU goes live with Finastra digital banking
Maryland-based credit union wants an in-branch experience online.
Banks must deploy AI with urgency to save SMEs
Projects that would normally take months need to be delivered in days.
The LIBOR transition: why financial organisations need to work smarter and not harder
This LIBOR solution replaces an army of paralegals with technology able to extract information from a 200-page document and over 140 various data points.
Standard Chartered signs quantum computing research deal with USRA
Standard Chartered to investigate the uses of new technology.
Monzo takes another shot at paid current accounts
The paid-for current account is priced at £5 a month.
State-backed green bank to land in UK to hit country’s climate goals
The government sold its original green bank in 2017.
HSBC signs multi-year cloud deal with AWS
Amazon Web Services is to become a “long-term strategic partner” for HSBC.
Monese and Paysafe sign digital banking partnership
Monese customers are able to use Paysafecash with their accounts.
Currencycloud nabs e-money licence from Dutch central bank
The London-headquartered firm secures post-Brexit future.
Zambian mobile wallet Zazu launches virtual card
Zazu pivoted to digital banking in 2017.
Islamic P2P lender Qardus launches in UK for SMEs
The new P2P lender offers unsecured loans of up to £100,000.
Your LP is your customer, that’s important to understand
Customers want fund managers to do the work for them.
The stress of being stressed
This is the time to handle the pressure, not indulge in the stress.
White paper: Rearchitecting and simplifying post-trade operations
How cloud and innovative tech adoption can help overcome challenges in post-trade operations.
Privatbank’s CEO talks turmoils and turnarounds
In 2019, the bank’s net profits jumped by 2.5 times.
Barclays launches robo-advisor for £5k investments with Scalable
The service is called ‘Barclays Plan & Invest’.
Robinhood lands $320m bumping valuation to $8.6bn
Its Series F stands at $600 million.
NAB signs multi-year cloud deal with Microsoft
Major Aussie bank to boost its cloud architecture with Microsoft.
Nymbus signs partnership with Payrailz
The two firms will work to enhance Nymbus’s product ecosystem.
US COVID-19 relief scheme deploys Wolters Kluwer tech
iLien for Main Street can aid banks offering support under the Main Street Lending Program.
Co-operative Bank’s digital arm Smile goes down for days
Smile has around 100,000 customers.
Viva Wallet selects ClearBank as UK banking provider
Viva Wallet bought a Greek neobank back in January.
The changing landscape of banking
Choosing the right partnerships is critical to success and the right banking technology partner is crucial.
Head in the clouds
Most financial services firms have a cloud journey roadmap.
Ask the expert: how can I convince a prospect’s finance team to work with us?
The question is, how do you persuade them to sign a partnership?
Why there’s no slowdown in SaaS
How SaaS reconciliation tech can help banks to properly process and control mission-critical transactional, operational and reference data.
LA neobank Aspiration plants 1m trees in three months
The scheme launched in mid-April.
MAS completes multi-currency blockchain testing
The blockchain network is jointly developed with JP Morgan and investment firm Temasek.
US buy now, pay later fintech Sezzle in $60m raise on ASX
The start-up still needs to close $5 million.
