Fiserv completes PIN on Mobile pilot in Poland
The tech vendor worked with Visa, Samsung and PayCore to test new product.
Financial Services/Finserv
FCA: Innovative fintech entrants putting some customers at risk
UK watchdog warns of customer risk exposure from flashy fintech firms.
Metro Bank hires new director of technology and engineering
Sailesh Panchal joins the challenger from Orwell Group.
Starling Bank lends through Zopa while it builds its own platform
The neobank currently holds £1.25 billion in deposits.
“Pale, male and stale” tag still dogs financial services industry
Three steps to break the cycle and achieve genuine diversity and inclusion.
Monzo set to hire another 500 and reintroduce paid accounts
CEO Bloomfield says it is also looking into lending more as a revenue driver.
Report: The digital drive to replace the passport in financial services
FinTech Futures publishes its latest industry report, on digital identity and fraud.
National Bank of Yemen goes live on ICSFS core system
Project has been in the works since 2012.
Flywire secures unicorn status with $120 million Series E funding round
Goldman Sachs led the latest round.
Community spirit: Reminiscing on the halcyon days of the bank branch
“I had to find out how to best serve people and customers at a community level.”
Video: Top fintech stories this week – 14 February 2020
FinTech Future’s weekly news round-up.
Decentralised versus centralised finance: Impacting a global market
Maybe a hybrid of both systems will be the future of finance.
Hampshire Trust Bank taps Ping Identity to improve customer experience
HTB aims to improve its monitoring, optimisation and alerting systems.
Gulf Bank signs up to Instimatch network
Kuwaiti bank looks to improve its treasury ops.
Why we need to persuade governments to tokenise the world’s forests
Tokenisation is a new innovative mechanism for sustainable financing.
Wealthtech FNZ secures investment from Temasek, acquires IPSI
FNZ hopes to benefit from Temasek’s “significant presence”.
LAPO Microfinance Bank in tech overhaul with Oracle
LAPO Microfinance Bank switching a number of systems.
TransPecos Bank signs up Nymbus for core banking transformation
Texan bank already deploys Nymbus at its digital subsidiary.
How far can venture capital take European challenger banks?
European challengers have been among the top recipients of regional venture capital.
Oh to be saved of doubt and false hope
No one person should be enough to make another worthy of a future they can’t themselves lose sleep dreaming of.
Mastercard granted entry to Chinese payments market
People’s Bank of China gives Mastercard a green light.
Revolut launches open banking for all UK retail and business customers
Its new offering has been built in partnership with TrueLayer.
FinovateEurope: RBS head says bank has “turned a corner” in its innovation culture
“Our approach historically [to innovation] was the wrong one,” Broadbent admits.
Varo Money enters final stage of becoming nationwide bank
Mobile banking firm Varo Money has gained approval from the Federal Deposit Insurance Corporation (FDIC).
Ask the expert Finovate special: I’m a new fintech
How can I generate awareness of my business among potential investors and clients?
German challenger N26 pulls out of UK ‘over Brexit’
N26 has been operating under “passporting” rules since October 2018.
How Canada’s Wealthsimple is building a whole financial suite
“We’re building a lifestyle brand,” says the fintech’s Europe CEO.
Banks’ compliance heads trapped between regulations and cutbacks
Governor Software CEO says investment in compliance technology is crucial.
Transparent Systems comes out of stealth mode with $14m funding
Ivestors: “The financial industry is ready for new technology to improve the way people pay for goods and services.”
OakNorth CIO: UK success means European banks take us seriously
OakNorth says it has £2.3 billion in the pipeline for 2020.
Digital bank Stori raises $10m in Series A2 funding
Mexican challenger bank has also launched its credit card.
Supplement: FinovateEurope 2020
Read our free FinovateEurope Supplement, packed with fintech goodness!
PSD2 turns two: Where do we go from here?
Break out the birthday cake as the Second Payments Directive (PSD2) just turned two!
Hot-seat with Sanat Rao, CBO and global head at Infosys Finacle
He talks about workforce and culture transformation, RPAs, open banking and more.
Tandem Bank anticipates fresh £50m funding round
The figure raised is closer to £50 million, instead of the expected £100 million.
Starling Bank raises £60m from existing investors Merian and JTC
The round brings the neobank’s total funds so far to £323 million.
Nordic API Gateway CEO: Fintechs trying to be European too fast
“Open banking has a tendency […] to do stuff globally or do it pan-European,” says CEO.
Tinkoff Bank to pump €25m in new European fintech venture
Russian neobank plans to launch its new fintech later this year.
Trustonic first to land EMVCo Software-Based Mobile Payments certificate
“[Our solution] brings the capability to literally anybody,” says Trustonic’s product director.
Rabobank spins out SurePay as independent company
Payments firm hailed as innovation success story.
