Transformation in a post apocalyptic world
How do we ensure we are in a better place to serve, deliver, survive in the next Black Swan event?
Financial Services/Finserv
US-based Customers Bank adopts OakNorth’s lending platform
The US bank holds $11.5 billion in assets.
Judo Bank lands $307m from government to support SMEs
“This is a really substantial additional signal of support by the government,” says co-CEO.
Fifth Third Bank plans 1,000 new roles for COVID-19 jobless
The US bank is hiring across retail banking, mortgages, and operations.
Consumer fintech SoFi to acquire Galileo for $1.2 billion
Both CEOs say now is “the right time” for this deal.
What would a coronavirus start-up aid package mean for UK fintech?
Coronavirus could “wipe out a generation of start-ups”, says one fintech founder.
UK challenger bank Neuros to offer money management for neurodiverse users
The founder discovered she had ADHD whilst building the bank.
Free Senegal migrates to Comviva to boost mobile money offering
The mobile network operator has 4.4 million subscribers for its digital wallet.
Vodacom and Safaricom finalise M-Pesa acquisition
Joint venture takes control of popular mobile money brand from Vodafone.
Privitar raises $80m in Series C featuring ABN Amro
The latest funding round brings London-based Privitar’s total raised up to $143 million.
IBM names former Bank of America exec as new cloud head
Howard Boville steps in as Arvind Krishna takes over from chief Ginni Rometty.
Funding Options plugs into open banking with 20 lenders
The firm wants to cut down loan decisioning times amid coronavirus urgency.
Curve launches numberless cards for new investors
Fintech claims that it has decluttered its “sleek” new cards.
Paul Cormier steps in as new Red Hat CEO
Cormier replaces Jim Whitehurst, who moved to parent company IBM.
NatWest’s Mettle gives users access to FreeAgent’s accounting software
User will need to make one transaction per month minimum for the free service.
KBC spins out wealthtech business into new start-up ‘everyoneINVESTED’
The start-up will focus on B2B services to help firms attract younger investors.
LCH implements clearing and settlement solution from LSEG Technology
The new system will reportedly clear and risk manage 20 million trades per day.
Coronavirus exposes gaps in innovation
The pandemic has given fintechs a time to shine.
Africa and Gulf Bank selects Path Solutions iMAL as new core system
Sudan-based bank has signed up Path Solutions and its iMAL Islamic core banking system.
Rangewell calls for Nationwide’s returned £50m to go towards COVID-19 effort
Business finance firm says the bank has abandoned finance plans “when they are most needed”.
Swedish central bank signs agreement to join TIPS from 2022
Swedish krona to be settled by EU-wide payments scheme in a few years’ time.
JP Morgan sets up new FX infrastructure in Singapore
US bank goes live with fourth centre with help from MAS.
API builder Yapily lands $13m Series A
The capital raise was led by Revolut-backer Lakestar.
Will fintech CEOs follow in the footsteps of Dan Price post-coronavirus?
Monzo and Moven’s CEOs have both taken a 100% pay cut.
HSBC launches mobile onboarding in mainland China
UK-headquartered bank is the first foreign lender to launch mobile onboarding in China.
Nordic challenger Lunar adds $21.6m to its Series B
Monzo’s former head of product Ole Mahrt will also join its board of directors.
Liberty National Bank signs up Teslar to boost commercial lending
The Oklahoma-based bank aims to stand out from the crowd.
Sony Bank picks OneSpan for mobile banking security
The Japanese bank secures launch of new banking app.
Exclusive interview: looking beyond the horizon
Fintech Futures talks exclusively to Nationwide’s channel service director, Carole Layzell.
FCA plans financial relief for customers amid COVID-19 pandemic
UK regulator wants a freeze on loan and credit card debt.
Transforming corporate treasury: What lies ahead and what is the impact of Swift gpi?
For many years multinationals and others have struggled with cross-border payments.
Video: Top fintech stories this week – 03 April 2020
FinTech Futures’ weekly news round-up.
What the Fintech? Episode 2 | COVID-19: Is cash still king?
Find out Nick Kerigan’s take on the impact of COVID-19 and his banned buzzword.
Revolut loses its head of wealth and trading, a former Freetrade co-founder
André Mohamed leaves after 18 months at the challenger bank.
UK fintech Tully helps distribute COVID-19 payment relief
The fintech wants to reach two million people in its first eight weeks of launch.
Manchester’s fintech scene needs a homegrown unicorn, says report
Manchester is already home to five homegrown ecommerce unicorns.
Siam Commercial Bank partners Azimo for money transfers from Europe
The Thai bank expands its electronic money services.
France’s central bank opens applications for digital currency experiment
Applications are due by 15 May 2020.
How banks’ platform strategies are shaking up the fintech industry
A shift to the digital landscape has not been plain sailing for financial institutions
Flux and Pleo partner to deliver “invisible” expensing tool to UK SMEs
The new co-created tool is set to launch later this year.
