Self-service in the branch and as the branch
ATMs are the powerhouse player in a modern digital strategy.
Financial Services/Finserv
UK start-up Freetrade raises $15m, inc. first-time investor Draper Esprit
Draper Esprit invested $7.5 million in the fintech.
Westpac partners with 10x Future Technologies to build new platform
Australian bank hints at moving to 10x technology for its core.
Bank account takeovers – lets change the record from who to why
Almost every week we see a new corporation fall victim to a data breach.
Japan’s instant credit start-up Paidy raises $143m
It includes $83m in a Series C extension and $60m in debt financing.
UK Treasury makes paying back consumers victim to APP fraud ‘compulsory’ for banks
The phrase ‘gross negligence’ will also be defined.
Cowries Microfinance Bank goes live on Craft Silicon solution
Nigerian bank moves forward with new core system.
Appway: Firms must seize “opportunity of disloyalty”
Wealth management is a traditionally “sticky” industry.
Facebook target of financial services discrimination lawsuit
Facebook accused of allowing older and female users to be ignored by ads.
HSBC-backed fintech Bud looks beyond financial sector in re-focused product model
The fintech has axed 20% of its staff and undergone a business restructure.
Saudi Arabia’s Riyad Bank pumps $26.7m into new fintech start-up programme
The programme will bring together entrepreneurs and tech companies.
End-to-end innovation in digital debt management
We speak with Spyros Retzekas, COO, about what’s helped the business thrive.
German bank association fires shots at Libra, calls on politicians and central banks for digital euro
The association wants a crypto led by European commercial banks and politicians.
Why BNY Mellon didn’t hire ‘the perfect data scientist’ on paper
The head of digital share his top tips on how to get a job at BNY.
IDnow gains $40m funding injection from Corsair Capital
Verification firm plans to use fresh cash to open new locations.
Case study on Bank of America: How robots help serve and protect the bank
In a bank of this size, there are many areas that would benefit from automation of repetitive tasks.
Great Plains National Bank signs on Teslar Software
Oklahoma-based bank aims to revamp manual processes.
Video: Top fintech stories this week – 01 November 2019
FinTech Future’s weekly news round-up.
Monzo hires new CRO with blue chip banking career
Lisa Nowell leaves ClearBank after just six months.
Trade Ledger nabs £1.5m in Hambro Perks funding round
Lending platform plans to build out its services with cash injection.
Credit score fintech TotallyMoney raises £5m investment from SVB
TotallyMoney now has 2.5 million customers.
Irish P2P firm Flender raises €75 million in funding
Third round of debt financing gives SME lender a boost.
Banking Technology November 2019 issue out now
The identity challenge.
Israeli fintech Become secures $12.5m to help make SMBs more fundable
Become wants to “disrupt conventional and ‘alternative’ lending practices”.
Challenging the status quo
FinTech Futures discusses Appian’s strategy with Guy Mettrick.
Neobank Rebellion becomes first fintech to offer Spanish IBANs with banking licence
A Spanish IBAN will allow users to direct their salary to their Rebellion account.
Flywire furnishes Bank of America with cross-border payments solution
Bank’s higher education and corporate clients can expect better cross border service.
Crypto bundler Revix targets female investors, aims to make digital assets “responsible”
Revix will be sponsoring entrepreneur platform Future Females.
SME lender Lidya aims for top spot in Nigeria, next stop Eastern Europe
Lidya expanded to Central Eastern Europe (CEE) earlier this month.
Elavon and Santander help Poppy Appeal in ‘largest cashless charity campaign in Europe’
The fintech is deploying 1,100 cashless terminals across the UK.
UK fintech Koyo raises £3.8m to aid wiped credit histories
The fintech helps migrants or people who’ve never taken credit or been the main bill payer.
Bad bosses aren’t the whole story: the good bosses that made me
This is what good looks like.
Norwegian challenger Bulder Bank launched by Sparebanken Vest
Bulder Bank plans to expand from mortgages in the near future.
Swiss lender Tallyon targets wealthy with crypto founder, applies for banking licence
Lender says it will use new technology to avoid “legacy burdens”.
Finxact signs payments partnership with The Clearing House
Firms will work to implement real-time payments into the Finxact core.
Starling Bank launches dual currency debit card with pounds and euros
The card will go live alongside its business euro account launch.
Nationwide invests in UK energy bill saver Switchd
Switchd considers the energy market outside the six big players too.
Consolidated Bank Ghana goes live on Temenos T24 Transact
Consolidation project finalises under Temenos platform.
Uber relaunches credit card with Barclays, drivers get real-time cash flow
Uber has rolled out its financial product line Uber Money.
Banca Monte Paschi Belgio rebrands as new digital bank Aion
Warburg Pincus to rebrand new acquisition four months after regulatory approval.
