Banking Technology Magazine June 2022 issue out now
Cover story: THE WORLD BEYOND – Connecting through the metaverse.
Innovation
The future of fintech and insurtech is DeFi and Web3
Financial institutions must start allowing access to DeFi functionality through their banking and insurance services.
FinTech Futures Jobs: Three of the best UK tech hubs outside of London
Find your next fintech career move on the FinTech Futures job board today.
How XBRL International aims to tackle greenwashing by standardising ESG reporting
FinTech Futures speaks with XBRL International CEO John Turner about the creation of the DSD Lab initiative.
Video: Lead Bank at FinovateSpring 2022 – Digital transformation for community banks
We chat with Josh Rowland of Lead Bank to discuss how community banks can compete in a digital world.
A2A paytech Trustly buys open banking platform Ecospend
Trustly is aiming to boost its footprint in the UK market, which it says “presents a dynamic ecosystem”.
Video: IncredibleBank at FinovateSpring 2022 – Diversity and inclusivity in fintech
FinTech Futures chats with Kathy Strasser of IncredibleBank about diversity in the fintech space.
The day I skipped my recital
You won’t get far by not making sacrifices. But you won’t get far by making all the sacrifices either.
Video: Wells Fargo at FinovateSpring 2022 – BaaS and open banking
FinTech Futures chats with Reetika Grewal of Wells Fargo to discuss open banking and BaaS.
Mollie partners Plaid to boost onboarding for merchants
Mollie says the partnership will make it “easier and faster” to start receiving payments and open online stores.
What the FinTech? | S.3 Episode 8 | A hybrid approach to wealth management
In this episode of the podcast, we’re joined by Aaron Davis, director of product marketing at OneSpan.
Video: Piermont Bank at FinovateSpring 2022 – Unlocking digital transformation
FinTech Futures chats with Wendy Cai-Lee of Piermont Bank to discuss digital acceleration within banking.
UK paytech GPS appoints Jill Docherty as director of global partnerships
Docherty will sit on GPS’ global executive committee overseeing all GPS ecosystem partners.
Fintechs, don’t go to market alone: three must-haves for your FI partnership
What should fintechs look for in a financial institution to improve the odds of a successful partnership?
Video: JP Morgan at FinovateSpring 2022 – The growth of open banking
FinTech Futures chats with Eileen Holcomb of JP Morgan to discuss the growing adoption of open banking.
Video: US Bank at FinovateSpring 2022 – The real-time payments revolution
FinTech Futures chats with Mike Jorgensen of US Bank to discuss real-time payments.
ADCB Egypt partners Temenos to deliver digital payments
The deal will allow ADCB Egypt to adopt global payment standards such as ISO20022 and Swift GPI.
Sentinels tapped by Dutch neobank Brand New Day to scale its AML controls
Brand New Day has partnered with Sentinels to build a “future-proof” compliance infrastructure.
How AI and data fusion are turning the tide in the battle against modern slavery
The application of modern AI and data techniques is a key development in the fight against modern slavery.
Commodity hedging platform Stable secures $60m Series B
Stable bills itself as a way for agribusinesses to “protect themselves from volatile commodity prices”.
Lending platform kennek partners Mambu for B2B ‘lender-in-a-box’ solution
The new ‘plug-and-play’ credit infrastructure is targeted at alternative lender and credit investor firms.
Webinar: How to keep up with the card payments industry upstarts and capitalise on the opportunities
Lessons from neobanks, start-ups and paytechs to exploit these substantial revenue opportunities.
FinTech Futures: Top five stories of the week – 27 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Money talks
Expectations about what is acceptable from a CO2 emissions perspective have to mature.
Video: Wells Fargo at FinovateSpring 2022 – How to achieve digital acceleration
FinTech Futures chats with Madhu Narasimhan of Wells Fargo to discuss approaches to digital transformation.
Card-issuing platform Marqeta partners Evolve Bank & Trust
Evolve will support the full range of Marqeta’s card programme management capabilities.
Payments infrastructure provider Paddle snaps up ProfitWell for $200m
Paddle will integrate ProfitWell’s financial metrics, as well as its pricing and retention software.
Aussie payments regulator sets out QR code guidelines
The voluntary guidelines are directed at financial institutions, payment service providers and merchants.
NatWest partners Microsoft and Accenture for customer engagement platform
The new platform will integrate all of NatWest’s front office legacy systems.
This is why we can’t have nice things
Innovation is a war of attrition, and that’s exhausting.
YAP expands into Pakistan with EMI licence approval
YAP Pakistan hopes to address the challenges consumers face in the foreign remittance market.
Private market exchange ADDX raises $58m pre-Series B funding
Singapore’s ADDX has now raised approximately $120 million in funding to date.
Canadian Tire Bank taps Temenos for digital-first core banking upgrade
Canadian Tire Bank is looking to replace its legacy systems and modernise its operations.
How data-driven suptech can change the game in fighting financial crime
Suptechs are gaining prominence in financial services with pioneers like the EBA and MAS breaking new ground.
Temenos Community Forum 2022: Everyone’s banking platform will be composable
Temenos Community Forum 2022 was held at the ExCel in London last week.
Finance super-app M1 deploys Thought Machine’s Vault Core
M1 will deploy Thought Machine’s Vault Core to launch products from one unified, coherent “source of truth”.
Payments network TransferMate hits unicorn status after $70m funding
TransferMate will use the funding to expand its teams globally and develop its technology and product offering.
How CBDCs will transform the way India transacts
The proposed implementation of CBDCs will completely change how the country perceives money.
BaaS fintech Griffin taps Clausematch for banking licence applications
Clausematch simplified the application to the Prudential Regulation Authority and the Financial Conduct Authority.
Payments infrastructure firm Xendit lands $300m Series D round
This latest round brings Xendit’s total funding raised to date to $538 million.
