New debit card fintech Seltz gears up for launch in the US
There are currently over 1,300 sign-ups for the debit card’s waitlist.
Innovation
New Fintech Growth Fund set to plug £2bn UK fintech funding gap
Former chancellor Philip Hammond is reportedly in talks to serve on the fund’s advisory board.
US paytech Finix lands $30m funding at increased valuation
Finix raised the capital at an increased valuation “despite the more challenging economic environment this year”.
Composing the future of banks
Flexibility, agility and innovation are core competencies that will keep banks competitive through the next decade.
State of play: BNPL
BNPL has become one of the most divisive credit products of the modern age.
PayTech Awards 2022 Winner: Crezco – Best Real-Time Payments Solution for Business
Get paid faster and reconcile invoices automatically with instant open banking payments.
CIBC Innovation Banking invests €35m in SME-focused fintech Ageras
The funding will support Ageras’ future strategic acquisitions and the expansion of its software suite.
Banking Tech Awards 2022 – nomination deadline extended
The deadline for nominations for the Banking Tech Awards 2022 is now Friday 19 August.
Reserve Bank of Australia to explore CBDC use cases with DFCRC
The RBA says the project will engage with “a wide range of industry participants”.
The blurred line between ‘utility’ and ‘value’
You’ll always need a little more tech than you needed yesterday, but at least you don’t need to build it all.
Klarpay AG CEO on bridging the gap between online companies and transactional banking
Klarpay solves one of the biggest challenges faced by digital businesses – access to efficient transactional banking.
Digital makes the world go round: a reflection
We have the tools and resources to do more, and to do better, but more action is needed.
Passive micro-investing app upnup launches in South Africa
The company says micro-investing is a good first step into the space, providing “investment on auto-pilot”.
CIBC partners MX for fintech customer data access agreement
CIBC customers will be able to securely share their financial data with third-party fintechs via an API.
Payments veteran Steve Ledford retires, leaves The Clearing House
The self-described “payments nerd” says he is leaving the payments industry after 41 years.
No more cheerleaders and today’s need for ‘founder fit’
Founders need to take their time considering investors and carry out extensive due diligence processes.
Embedded finance start-up Parafin raises $60m Series B
The funding round was led by GIC, Singapore’s sovereign wealth fund.
Plugging in: financial services in the metaverse
If there’s one industry buzzword this year that is on almost everybody’s lips, it has to be ‘metaverse’.
Embedded finance: navigating the challenges
There are a few challenges to be aware of before entering the world of embedded finance.
FinTech Futures Jobs: Is salary compression pushing you into a new job?
If you’re demotivated by salary compression in your workplace, it may be time for a change.
XR, banks and rewiring the system
Rewiring the economic system will be a challenge, but I think it’s supercritical.
Paystand buys Yaydoo to expand B2B payments network across Americas
Paystand says the combined company “will redefine the boundaries of B2B fintech” across the Americas.
UK challenger Monument partners Persistent to build digital banking platform
Persistent’s “building block” approach will allow the challenger to add new SaaS components as required.
Spare me your ‘good conversations’
A good conversation is one that leads to an outcome that isn’t an identical conversation.
African neobank 4G Capital goes live on Mambu’s cloud banking platform
The micro and small business-focused bank is looking to scale across East Africa.
Financial software vendor Savana closes $45m Series A round
The funds will be used to support the growth of the company’s Digital Delivery Platform.
SC Ventures launches digital onboarding platform Appro in UAE
Appro is designed to reduce application times for a range of banking products from several hours to three minutes.
What the FinTech? | S.3 Episode 11 | Financial services and the fight against climate change
In this episode of the podcast, we’re joined by NMD+ founder Dave Wallace.
Bank of New Zealand taps NCR for ATM-as-a-Service solution
The move forms part of the bank’s digital transformation efforts.
Why the post-trade wholesale market infrastructure is broken
With market volumes rising, the likelihood of a major systemic glitch occurring is very real.
Italian paytech Nexi partners Microsoft to develop digital payments solutions
The strategic partnership will see the pair work together to “digitise the European payments space”.
Q&A: How IBM aims to support innovation in the fintech sector
FinTech Futures speaks with IBM’s Prakash Pattni to discuss the role IBM plays in the fintech ecosystem.
US fintech GloriFi to trade publicly following $1.7bn SPAC merger with DHC
The new combined business will be worth approximately $1.7bn with the deal expected to close in Q1 2023.
MVB Bank live with real-time payments functionality
MVB Bank has become the first live user of the RTP Send functionality offered by Victor Technologies.
How can banks protect the new breed of fraud victims?
Advances in behavioural biometrics technology can help banks catch criminals before they strike.
Low-code development platform Genesis lands $20m funding from BofA, BNY Mellon and Citi
The company secured $200 million in a Series C round led by Tiger Global earlier this year.
Composable banking beyond the core
Composable banking allows FIs to simplify a perennial tech challenge: systems integration.
Equity management firm Qapita buys India-based ESOP Direct
Qapita is aiming to boost its presence in India.
Equifax acquires chargeback fraud prevention firm Midigator
Midigator automates the chargeback dispute response process and provides real-time data to businesses.
Reliability is a superpower
The single most valuable thing you can be is reliable.
