Korean banks have growing concerns over Starbucks prepaid card
Starbucks said its prepaid cards had $1.56 billion in stored value at the end of 2019.
Financial Services/Finserv
Fintech in the next decade: The intersection of what’s possible and what people want
Before we start to look at what the next 10 years hold, it’s worth taking a quick look back.
There is no ‘one-size-fits-all’ approach in the ongoing fight for greater diversity
We should never lose sight of the ‘why’ that lies behind the lack of diversity in British businesses.
Fintech M&A: Prioritising growth and resilience
There is still runway for further consolidation.
An evolution in the world of trading
Traders are extremely bullish about the potential of digital assets and crypto-products.
Receeve raises €4m in seed funding
This comes within a year of a pre-seed fundraise of €1 million from Seedcamp and others.
Rewire CEO: We want to be the financial marketplace for migrants
Traditionally, migrants have struggled to find a one stop shop for their finances.
PaySend and JS Bank create freelancer-focused wallet in Pakistan
Pakistan is the fourth fastest growing global economy for freelance worker revenues.
German government proposes digital law over competition fears
The proposed clampdown targets anti-competitive behaviour by digital platforms.
Deutsche Bank and SimCorp extend Dimension partnership in Asia Pacific
14-year fund services collaboration extended.
British & European fintechs set sail for the US
A wave of British and European fintechs are seeking a foothold in the US finserv market.
Bank Assafa goes live on iMAL core banking system
Moroccan bank goes live after 18-month implementation period.
Hong Kong’s virtual challenger Za Bank selects Fiserv for card payments
Fiserv’s VisionPlus will power Za Bank’s entire card payment lifecycle.
Swedish consumer champion Woilà raises $3.1m
“You have most likely been screwed,” says co-founder on people’s previous purchases.
Aussie neobank Xinja hits $100m in deposits after 19 days
The challenger expected to do $120 million in deposits in a year.
Azimo nabs €20m funding from European Investment Bank
Money transfer firm will use funding to boost European expansion.
Work life imbalance
Let’s hear it for imbalance. Being on the back foot is when you can kick the hardest.
20th Banking Technology Awards Supplement
A golden celebration of excellence and innovation.
RBS neobank Bó reissues cards due to authentication issue
The post cites “new” regulations which came into force last September.
European Central Bank to launch AI hackathon
ECB wants to explore how AI could help supervisory data collection.
Top executives at SoftBank’s $100bn Vision Fund set to leave
Top of the list is Michael Ronen, the managing partner of the Vision Fund’s US investments.
Bankable and Visa extend partnership with US collaboration
Bankable also plans to open New York office.
The personal touch
Anna Loevskaya talks about corporate digital banking & the role of content in selling SaaS.
Ask the expert: why is Account Based Marketing important and how can I do it effectively?
Get your sales pipeline moving in the desired direction with ABM.
Video: Intellect Design Arena at MoneyLive London – an age of open infrastructure
Banesh Prabhu talks on FinTech Futures about open banking, legacy tech and CX.
State Bank of India selects BEP Systems for UK mortgage origination
SBI due to go live on Apprivo2 system in Q2 2020.
Goldman Sachs to offer SME loans on Amazon lending platform
The product could go live as soon as March this year.
SaaS fintech Rimilia raises $15m from SVB and other investors
The investment brings the fintech’s total funding raised to $40 million.
Australia’s Commonwealth Bank to back 25 start-ups
Home-In and Vonto are the first two Aussie start-ups to join the incubator.
Neobank for UK farmers Oxbury lands licence and launches Series C
Its flagship offering ‘Oxbury Farm Credit’ will roll out later this year.
A culture of innovation
Morgan Stanley is making waves with three wins at the Banking Tech Awards 2019.
BIS fintech report: More harmonised standards and less TPP reliance
BIS has published a cross-country review on the fintech regulatory landscape.
Philip Hammond joins OakNorth advisory board
Conservative grandee Francis Maude will also be joining its advisory board.
SBI Holdings invests $20m in core banking API firm OpenLegacy
SBI keen to push API integration to Japanese banks.
GoCardless CFO: No deal Brexit could cost London’s trade status
UK should remain epicentre of
“In theory, the UK is so global it should remain the epicenter”, says CFO.
Flywire CEO talks payments platforms, consolidation and fragmentation
Fragmented payments industry may thwart firms’ platform plans.
Trio digital brokerage to launch in US by ex-N26 employee
The everyday account will be linked to ETF returns.
Banking Technology February 2020 issue out now
Top dogs: The challenger bank success stories of 2019.
Video: Top fintech stories this week – 31 January 2020
FinTech Futures’ weekly news round-up.
What Brexit Day means for the future of fintech
A collection of thoughts across the industry on what Brexit day means for them.
