Webinar: Investing in UK’s financial wellbeing strategy – 5 agents for change
Innovative ways to make financial wellness happen.
Financial Services/Finserv
Webinar: How to address fraud through the use of risk analytics
Securing customers at every stage of their digital journeys with the right multi-layered security approach.
Dzing challenger bank launches beta in UK
It has been in the works since October 2018.
Fiserv acquires long-standing partner MerchantPro Express
The two firms have held a partnership since 2009.
Australian neobank Xinja launches $33m Series D with customer buy in opportunity
The challenger is offering a minimum investment of AUD 20,400 ($14,000).
The global unbanked shoppers
The gap between the population of the banked and unbanked is continuing to broaden.
The closet of shame
Everything that goes wrong in a bank, big or small, gets put neatly away in the closet of shame.
Nationwide picks AutoRek for reconciliation and data management
AutoRek to help Nationwide “face into the future.”
India’s lending start-up SMEcorner bags $30m Series B
The round was led by a $10.5 million investment from Germany’s Paragon Partners.
Starling Bank looks to Irish banking licence for European expansion
The challenger bank has been aiming for an Irish licence since last year.
ATB Financial’s digital bank Brightside launches in Canada
The neobank is focused on “making saving easy”.
First State Bank makes account processing switch with Fiserv
Illinois-based bank looks to improve efficiency following acquisitions.
How AWSM Bank plans to turn teenage financial literacy into a reality
The neobank is “very close” to its Q2 launch this year.
Jack Henry gets three-in-one deal for SilverLake with New Hampshire Mutual Bancorp
Three banks have migrated or will be migrating to cloud hosted SilverLake system.
Samsung SDS and Credorax to launch DLT account reconciliation platform
The companies say the decision to team up was driven by open banking.
Vietnamese bank MSB picks Mambu for digital transformation
Mambu aims to make MSB the first cloud-native bank in Vietnam.
Ask the expert: why do fintechs fail, and how can I improve my company’s chances of success?
Looking at the basic elements for success for any fintech – and indeed, for any start-up or high-growth business.
Digital Risks raises $10.4m in Series A funding round
SME insurance firms plans to triple its headcount in 2020
Refinitiv buys US wealth management fintech Scivantage
The deal amount is yet to be disclosed.
Santander’s PagoFX to launch in Spring and rival TransferWise
The venture now has a 50-person London-based team.
Robinhood outage locks users out of recovering US market
Many users are now trying to seek class action against the app.
Thought Machine completes $83m Series B funding round
Core banking vendor plans to use the capital to expand into new markets.
FCA warns Deutsche over repeated compliance failings
The bank’s tardiness in notifying affected clients and regulators led to concerns.
Capital One announces US branch closures
37 branches are set to be shuttered by the company as customers go digital.
Allied Irish Banks sells remote ATM network to US-based Brink’s Company
Brink’s will deploy its Point Cash solution to the purchased machines.
NatWest CDO Frans Woelders set for Danske Bank move
Woelders will join former colleague Chris Vogelzang at the Danish banking group.
Three digital transformation lessons wealth management firms can learn from luxury fashion brands
Build online trust with customers and identify ways to replicate the offline experience.
Broadridge completes FundsLibrary acquisition
Regtech firm to be incorporated into Broadridge FundAssist.
Silicon Valley, London… New Zealand: Why this emerging fintech hub shouldn’t be overlooked
The country’s emerging tech scene is much bigger than you might expect.
Video: Top fintech stories this week – 28 February 2020
FinTech Futures’ weekly news round-up.
UK paytech Checkout.com buys French start-up ProcessOut
Checkout.com buys another module in the payments process.
UniCredit finds two new partners in Tel Aviv’s PayKey and equensWorldline
PayKey is a social app payments integrator, and equensWorldline a pan-European payments processor.
Monese set to make 30 employees into millionaires
This is expected after its next fundraise which will value the neobank at £1bn.
Poland’s digital banking provider Efigence talks private over public cloud
“Banks don’t want to invest in infrastructure when they don’t need it,” says CTO.
bunq CEO: “It’s a marathon not a sprint, we run our own race”
“I like to think of myself as a simple entrepreneur,” says Niknam.
Standard Chartered joins Cobalt post-trade network
Multinational bank seeks to diversify its services to emerging markets.
New Zealand’s central bank launches new market infrastructure with Italy’s Sia
“The extent of change is significant,” says RBNZ, which is deploying to 57 banks.
The financial services technical “Grand Design”
A financial services organisation must plan and design what it will look like.
Open Banking home finance start-up Youtility raises £4.5 million
Venture funding round to be used on new products and new hires.
UK fintech B-Social raises £7.8m ahead of ‘Kroo’ rebrand
The fintech has “significantly progressed” with its pre-application for a UK bank licence
