How hackathons can help redefine your ESG communications and product strategy
Hackathons focused on ESG challenges are a fun way for fintechs to use their tech prowess for the greater good.
Financial Services/Finserv
Fintel acquires an initial 70% stake in UK start-up ifaDASH
Fintel has a two-year option to purchase the remaining 30% stake in ifaDASH for an agreed multiple of EBITDA.
US investment management platform FundGuard bags $100m Series C funding
Founded in 2018, this latest capital injection takes its total funding to $155 million to date.
Indochina Bank to implement Flexcube core banking system
Laos-based Indochina Bank is modernising its core technology with Oracle FS and Techzone.
UK regtech GSS lands £37m in Series A2 funding round
GSS says the new funding coincides with its “transition from the development phase to the operational phase”.
Robinhood co-founder Baiju Bhatt departs to “pursue other entrepreneurial interests”
Bhatt will step down as chief creative officer but will remain on Robinhood’s board of directors.
Germany’s NX Technologies lands $24m in Series B round led by PayPal Ventures
The Cologne-based fintech start-up plans to use the funding to expand into new European markets.
US fintech Coast secures $92m in mix of equity and debt capital to fuel product development
The funding round consists of $25 million in equity capital and $67 million in committed debt capital.
Baader Bank modernises regulatory trade and transaction reporting with Broadridge
Baader Bank already uses Broadridge’s solutions for trading and market connectivity, and order management.
Mobile banking app for kids and teens, Cashee, to launch in Saudi Arabia
Cashee will provide a free banking app and a prepaid Visa card, issued by Arab National Bank (ANB).
ICYMI fintech funding round-up: Marco, Zone, Copilot, Flowpay and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 22 March 2024
Our pick of the top fintech news stories this week includes Nuvei, Silverbird, nCino and more.
Colombian BNPL firm Addi lands $86m in equity and debt funding
The round consists of $50 million in debt financing and $36 million in equity.
Video: Quinte at Fintech Meetup 2024 – Hyperautomation in banking
At Fintech Meetup, we spoke with Quinte Financial Technologies about the benefits of hyperautomation for banks.
BNY Mellon deploys AI supercomputer from Nvidia
BNY Mellon has deployed Nvidia’s supercomputer, DGX SuperPOD with DGX H100 systems.
Video: FinovateEurope 2024 – What’s hot and what’s not in fintech
We ask three industry professionals what’s hot and what’s not in the fintech sector this year.
Cloud banking: 60 years on
Cloud is all the rage again, and the advantages for banks of being truly cloud native are huge.
What the FinTech? | S.5 Episode 4 | The future of digital identity
In this episode of the podcast, we’re joined by Pinar Alpay, Chief Product and Marketing Officer at Signicat.
Finalists announced for Banking Tech Awards USA 2024
Winners of this year’s awards will be announced at a gala dinner ceremony in New York on 30 May.
Australian Payments Plus taps Swift to develop confirmation of payee service
The firms plan for the new security measure to be ready by the beginning of 2025.
Payment security and fraud prevention take centre stage at this year’s Pay360 conference
Concepts concerning the safety and efficiency of payments proved central to the conference’s agenda.
African fintech Union54 launches new social commerce platform ChitChat
ChitChat enables users to make immediate USD payment transfers directly within chat conversations.
7IM expands UK footprint with acquisition of Eastcote Wealth Management
The acquisition will give 7IM a base in the Midlands to broaden the reach of its operations.
Video: Decoding the digital euro
Ville Sointu of Nordea discusses how a potential digital euro could impact the financial services sector.
IndusInd Bank partners Tappy Technologies and Thales to launch tokenisation solution for wearable payments
The Indus PayWear app will enable the bank’s customers to tokenise their cards for use with wearables.
US start-up Frich Money enters pilot partnership with MSU Federal Credit Union
MSUFCU believes Frich Money can help bridge the “awareness gap” between Gen Z and credit unions.
The procurement saints
Procurement buddies, those workday saints, have always been what separates a good day from a terrible one.
US-based Central Bank taps TCS for core banking upgrade
The Missouri-headquartered bank will deploy the vendor’s flagship TCS Bancs core banking system.
April taps Dutch fintech Ohpen to power its UK mortgage offering
The London-based lender provides longer term fixed-rate mortgages and soft launched last month.
Video: ABN Amro at FinovateEurope 2024 – Keeping up with technological change
Edwin van Bommel of ABN Amro discusses the key areas banks should be targeting with their transformation projects.
Video: FinovateEurope 2024 – The top trends to watch in fintech
Three industry professionals discuss which fintech trends the industry should be keeping an eye on.
Copper State Credit Union selects Jack Henry as new enterprise technology provider
The Arizona-based credit union is consolidating its tech infrastructure under one platform.
Nuvei evaluating bids for potential buyout with Advent reportedly leading the race
The Canadian paytech says “no decision has been made at this time” regarding a potential deal.
Nationwide partners Signly to offer British Sign Language website translation service for deaf customers
Nationwide’s BSL website content is to be provided “in the form of pre-recorded signed videos”.
Cloud banking tech provider nCino acquires DocFox to streamline account opening
DocFox provides account opening software built to help simplify the customer onboarding process.
Video: ING at FinovateEurope 2024 – Digital transformation trends
Marco Eijsackers of ING discusses the key digital transformation trends across financial services.
Optimising compliance in a busy year of reporting rewrites using Rosetta
Exploring the safe, fast and cost-effective regulatory compliance solution the industry has been looking for.
Flutterwave names ex-CBN director Dipo Fatokun as new board chair
Fatokun currently chairs the Board Audit and Governance Committee of United Capital.
SaaScada selected to power payment products for UK EMI The Payment Firm
The EMI will initially leverage its partner’s core banking engine to launch virtual IBAN-linked accounts.
The evolving relationship between supermarkets and banking and the key role of fintechs
Supermarkets across the globe continue to embrace fintech partnerships to power their financial services.
