Congratulations to the winners of the Banking Tech Awards 2023
Check out the winners and highly commended from the 24th annual Banking Tech Awards ceremony.
Check out the winners and highly commended from the 24th annual Banking Tech Awards ceremony.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
SoFi’s cryptocurrency services will formally end on 19 December.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The round includes strategic investments as well as participation from existing investors.
Not every problem is a nail that needs a hammer when it comes to AI.
The bank is due to cut around 800 jobs as it looks to save up to £50 million per year in costs.
Stanton previously spent the best part of two decades in senior roles at Mastercard.
Aldermore joins 18 regulated UK banks and 22 non-bank lenders and EMIs which run on Mambu.
The new facility brings its total lending capacity to date to £900 million.
The San Francisco-based firm has launched with $9m in equity funding and $30m in debt financing.
The people who need fair credit products the most may not have access. That’s economic unfairness.
Watch our highlights video from the FinTech Futures AI Insights event on 22 November.
Generative AI is currently in the ‘experimental phase’ in the financial services industry.
HSBC executives Vinay Mendonca and Shehan Silva have been appointed as CEO and COO of the new JV, respectively.
The BaaS model will enable Egypt’s non-bank firms to integrate banking services into their product lines.
The US banking giant is aiming to boost its presence and service offerings in the UAE.
ASR first acquired the brand in July this year after buying up Aegon’s domestic operations in the Netherlands.
The industry will also make an AUD 100 million investment towards a new confirmation of payee solution.
The £925 million rescue deal also grants Spaldy Investments a 52.88% ownership stake.
A longstanding company executive, Zengel has worked with Jack Henry for the last 24 years.
Worldline had previously been operating under the FCA’s Temporary Permission Regime, which will end on 30 December.
Simone Joyce will remain as chair through 2024 and will hand over her post to another board member sometime next year.
Loans are anticipated to range from $6.6 million to $19.8 million.
According to sources, over the next six to seven months, PhonePe plans to launch multiple consumer credit products.
Forsberg is expected to form and execute a strategy for Froda’s loan products and embedded finance operations.
As we continue to layer AI technology into our day-to-day lives, the risks continue to multiply.
What banking can learn from the telecoms industry that has already undergone cloud technology transformation.
The exit sets Berkshire Hathaway up for a loss of around 40% on its investment.
Reuters reports that the bank’s managers are looking to increase profitability and are reviewing proposals.
The app will debut in Cameroon, Senegal, Mali, Burkina Faso and Botswana.
In this episode of the podcast, we’re joined by Olivier Berthier, CEO of Moneythor.
Based in the ADGM, UAE, Alpheya will build a wealthtech platform for the MENA region, with plans to launch in 2024.
The study surveyed 23 members of UK Finance, including banks and non-banking financial services firms.
The third such partnership between the two firms takes Atom’s total lending with Funding Circle up to £800m.
Commissioned by the UK chancellor and launched in July this year, the report has been authored by Joe Garner.
The journey for VeryPay is not just about facilitating transactions; it’s a profound movement towards reshaping and enriching lives.
2024 is set to be a year of innovation and change for the European payments landscape.
Marqeta hired Parker in September 2022 to build out its international go-to-market and operational functions.
A newly formed entity, Klarna Financial Services UK, will now provide all consumer-facing services in the country.