UK fintechs Finexos and Wombat land funding
Finexos has raised £695,000 and Wombat has raised £4.2 million.
Financial Services/Finserv
LatAm fintechs Belvo and Rebill raise funds
Latin American fintech start-ups Belvo and Rebill are among the lucky recipients of new funds.
US fintech funding round-up: Deposits, Highline & Kasisto
The latest recipients of funding in the US fintech space.
Poland’s BLIK mobile payment system goes international with Viamo acquisition
Viamo provides peer-to-peer (P2P) and business payment services in Slovakia.
Fana launches to unite enterprises, charities and consumers on one platform
UK-based Fana is now preparing to launch a seed funding round.
The role of the payments industry in saving people and planet
Changing the way we make payments can have a substantial positive impact on our society’s carbon emissions.
PayTech Awards 2022 Winners Supplement out now
Commending the most impactful, innovative and successful projects, products and people in payments.
Taiwan’s SCSB taps Temenos for core banking upgrade
SCSB will adopt Temenos’ core banking, payments and data lake solutions.
MX Technologies appoints Wes Hummel as its new CTO
Hummel brings over 25 years of experience leading global engineering and technology teams to MX.
Malaysia’s Kenanga partners Ant Group to develop financial services super-app
The app will offer stock trading, investment management, an e-wallet, crypto trading and FX capabilities.
Japan’s Iyo Bank picks DTCC to automate post-trade services
Iyo Bank has tapped DTCC to achieve “no touch” post-trade processing for equities and fixed income transactions.
Digital banking beyond your pretty UX
Digital banking is not about pretty graphics, but providing cheaper services, wider choice and more access.
BCFC selects Codebase Technologies & Atyaf eSolutions for digital upgrade
BCFC hopes to enhance the infrastructure of its mobile and web customer channels.
C2FO and Vic.ai team up for AI-powered invoicing solution
The partnership aims to streamline the invoice-to-cash payment cycle for businesses.
What the FinTech? | S.3 Episode 12 | Tackling the challenges for challenger banks
In this episode of the podcast, we’re joined by Kim Symmons, head of design at UK business bank Mettle.
Two new mortgage start-ups launching in Latin America – Toperty and Saturn5
Toperty is based in Colombia and Saturn5 is based in Mexico City.
First Federal Bank of Kansas City debuts new digital banking platform
The new digital offering is powered by enterprise solutions provider Narmi.
The ‘stablecoin spring’: how new UK rules signpost the future of payments
The Financial Services and Markets Bill signals the next stage of the UK’s efforts to regulate digital assets.
Paytech start-up CabbagePay launches in the US
The firm’s prebuilt CabbageLink technology can be integrated into mobile apps and online stores.
New bank for the US military community to launch this winter – Moonbeam
Moonbeam says its digital banking products will aim to emphasise financial literacy and economic mobility.
US commercial bank Truist acquires tech firm Zaloni’s Arena platform
Truist identified the Arena platform as “an investment that will help us deliver better financial experiences”.
OneBanx taps regtech PassFort for know your business solution
PassFort says the solution will enable “seamless” onboarding for business customers.
Enhancing customer engagement in financial services with AI
AI has had an immediate impact on how customers engage with financial organisations.
Credit Suisse names new CFO and group COO
The Swiss banking group has announced a flurry of new appointments.
US paytech Celero snaps up Community Bankers Merchant Services
With the acquisition, Celero says it will serve 53,000+ merchants in the US, processing $21bn in annual card volume.
MVB Financial set to acquire Integrated Financial Holdings for $98m
MVB Financial is aiming to grow its government guaranteed lending business.
Paytech firm Elavon hires Hemlata Narasimhan as president of European operations
Narasimhan previously served as senior vice president of Visa’s merchant and acquiring business in Europe.
Indian savings fintech Jar lands $22.6m in Series B funding
Jar claims to have racked up 10 million users since its launch last year.
Covalto to become Mexico’s first US-listed fintech following SPAC merger
The deal values Covalto at $547 million and will see the firm listed on the Nasdaq exchange.
GB Bank receives full banking licence, set to lend £3bn over five years
The bank will support the creation of more than 100,000 jobs and 20,000 new homes.
How open banking payments will help businesses keep up
With open banking, businesses have what they need to provide a frictionless checkout experience.
Underwriting with alternative and cash flow data
Use of non-bureau, “alternative’’ credit data can help better understand the risk of a consumer.
FinTech Futures Jobs: Here’s how to position yourself as a leader at work
Explore thousands of open roles on the FinTech Futures Job Board today.
Al-Ataa Islamic Bank picks ICS Banks core banking system
The start-up bank in Iraq has opted for core banking tech supplier ICS Financial Systems (ICSFS).
BOQ and Virgin Money live with Temenos core banking system in the cloud
BOQ, Virgin Money and ME Bank will eventually transition to Temenos’ cloud-based core software.
Fintech start-up Pomelo raises $70m in seed financing
Pomelo’s investors include celebrities The Chainsmokers and The Weeknd.
ICYMI fintech funding round-up: Farther, BankiFi, Highbeam and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Blockchain, tokenisation and financial inclusion
The potential for Web3 to enable financial inclusion in populations is tremendous.
Digital banking tech provider Bankjoy signs up UMe Credit Union
UMe members will be able to access Bankjoy’s digital banking platform, including mobile and online banking.
Remitly set to acquire Israeli fintech Rewire for $80m
The transaction is expected to close in H2 2022 subject to regulatory approvals.
