Multicloud friction shouldn’t be the status quo
Fintech companies can take specific steps to achieve greater multicloud freedom.
Innovation
FinovateFall 2022: Q&A with Ripple’s James Wallis on CBDCs, crypto and blockchain
We chat with Ripple’s James Wallis about the rise of CBDCs and the future of blockchain.
Fintech mortgage lender Perenna lands $30m Series A from IAG Silverstripe
CEO Arjan Verbeek says the investment is “an endorsement of our mission to offer consumer-friendly mortgages”.
Video: QuickFi at FinovateFall 2022 – The evolution of business equipment financing
We chat with QuickFi’s Bill Verhelle about the firm’s new tech developments and growth plans.
European fintechs join forces to make open finance a reality
The OFA wants to usher in an era of open finance in much the same way the EU’s 2016 PSD2 did for open banking.
Banking app for “global citizens” Bankkit launches in UK
The app offers overseas bill payment functionality and an integrated current account.
Video: ebankIT at FinovateFall 2022 – Digital banking innovation and user engagement
We chat with João Pinto of ebankIT to discuss the firm’s new products and its US expansion plans.
B2B fintech Sequence lands $19m seed funding
The round was led by US venture capital firm Andreessen Horowitz.
How financial services are following in the footsteps of Amazon with digital identity
The financial services industry must be prepared to completely reimagine the digital experience.
Cartoon: All in
This new cartoon by Ian Foley illustrates the potential large bets many companies are now placing on AI.
eBook: Towards modern application development in financial services
Ensuring your AppSec programme adds value.
Video: Scotiabank at FinovateFall 2022 – The real-world use cases for crypto in banking
We chat with Amreen Sodhi of Scotiabank about the future of cryptocurrency in banking and payments.
Hamburg Commercial Bank completes SEPA payments cloud migration
Completed in under 12 months, the implementation follows the migration of HCOB’s international SWIFT payments.
Equity management platform Ledgy raises $22m Series B
Ledgy will use the funding to expand its workforce, boost product development and cement its presence in Europe.
Making composable banking work
Firms need to adopt a new way of working to enjoy the full benefits of composable banking.
“Care now, pay later”: medical care fintech Scratch raises $35m Series C
Scratch offers a payment model to help patients cover the cost of medical care.
Video: OakNorth at FinovateFall 2022 – How financial services can help tackle climate change
We chat with Bruce Richards of OakNorth about how banks are looking to achieve net-zero targets.
JP Morgan partners AI/ML platform Cleareye to digitise trade finance operations
The ClearTrade solution has been integrated into JP Morgan’s trade processing system.
Rerum cognoscere causas
The thing about asking real questions is that you need to accept that they may lead to a change in plan.
Nymbus and Citizens Bank of Edmond to launch niche bank for US military
The product will offer financial services designed to meet the needs of newly enlisted members of the military.
Open Banking Expo comes to London on 20 October
Open Banking Expo is the largest global community of open banking, open finance and open payments execs.
Enterprise tech provider NCR to split into separate digital commerce and ATM firms
NCR says the split will “unlock value” for the company’s shareholders.
How coopetition can boost financial inclusion in LatAm
An environment of coopetition between companies can further democratise access to financial services in LatAm.
European Central Bank picks five partners for digital euro initiative
Five front-end companies were chosen by the ECB out of 54 applicants.
The importance of card and mobile money interoperability in Africa
For the African fintech revolution to reach its true potential, interoperability needs to be completely borderless.
Lemonade
Don’t assume there’s a plan. You’re much better off assuming the world is on fire.
FinovateFall 2022: The key to successful partnerships in financial services
At this year’s FinovateFall, a group of industry experts tackled the topic of bank-fintech collaboration.
How to drive digital innovation without alienating your consumer base
Digitisation risks alienating retail customers who might not be ready to take the digital plunge.
Fintech Innovation Challenge looks for fintechs focused on low-income women’s market
Applications for the Fintech Innovation Challenge are open until 15 September 2022.
Are challenger banks now facing challengers of their own?
For the first time in their short history, the challengers are now being challenged themselves.
Standard Chartered trials duplicate financing prevention solution
The Trade Financing Validation Service is powered by fintech MonetaGo’s Secure Financing system.
How Etcho is aiming to help save the planet through conscious investing
Etcho wants to increase people’s knowledge and awareness of the global impact of their investments.
FinTech Futures: Top five stories of the week – 9 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Apple Pay edges out Mastercard with more than $6tn in ATV
Only Visa now stands in the way of Apple Pay reaching the top spot globally.
Blockchain trade finance platform Contour snaps up we.trade assets
The move forms part of Contour’s plans to launch a digital open account trade finance offering.
UAE’s Ajman Bank to launch Mastercard ‘touch’ card for visually impaired
The card was co-designed by Idemia, an identity technology solutions provider in the physical and digital space.
DeFi for the masses — crypto investment platform Solvo readies for launch
Solvo will offer investments, savings, crypto buying and selling as well as a card for payments.
What do BLT and digital identity have in common?
Digital identity should be palatable and accessible for all businesses.
Fintech and its impact on the agricultural sector
Fintech can help connect farmers with finance and boost financial inclusion.
Finland’s Findynet Cooperative nabs €3m grant to build digital ID network
The self-sovereign identity network will ensure interoperability between digital wallets from different vendors.
