What the Fintech? Episode 7 | Open banking & savings
Co-founder & CEO of Plum offers his insights on how COVID-19 affects savings.
Innovation
Icelandic challenger bank indó selects Enfuce
The challenger is gearing up for a launch later this year.
Open banking start-up truID raises funding to expand customer base
It has raised an undisclosed funding round to help build out its product.
Nigerian fintech KiaKia launches P2P lending investment app
Until this announcement, its P2P lending investment service has been exclusive.
CaixaBank starts rolling out 100 facial recognition ATMs
Branches in Barcelona and Valencia already have the machines.
Canadian and Taiwanese regulators sign fintech sandbox agreement
The regulators will build a “referral mechanism” between their fintech sandboxes.
Apexx Group raises $8m in Series A funding to boost payments platform
Forward Partners, MMC and Alliance Ventures participated in the round.
Pakistan regulator accepts batch of start-ups for regulatory sandbox
The Securities and Exchange Commission of Pakistan received 32 applications.
Reaping the real benefits of data sharing
Data sharing enables banks to more effectively serve customers across the lifecycle.
Deutsche Bank set to launch fourth e-FX hub in Singapore
The hub will be developed and staffed locally.
Chargeback raises $6.6m in Series A funding
The round was led by Fintop Capital and Next Frontier Capital.
Codat raises $10 million in Series A funding
Financial data fintech plans US expansion.
Insurance in the digital age: injecting automation into the claims process
A lot of claim processing, across all product lines, is carried out manually.
Banking Technology June 2020 issue out now
Real-time payments and fraud: balancing customer relationships and security.
Sberbank partners with Visa and Russian supermarket for ‘Take&Go’ store
The bank says 1,000 users have downloaded the app.
Tell it cos it’s a good story
Why do all these dreamers and makers and poets work in banking transformation?
Nuapay joins UK government payment acceptance scheme
Crown Commercial Services adds another open banking partner.
Managing compliance in an age of innovation
Dell Technologies and World Wide Technology discuss the technology challenges facing FIs.
Documentation firm H4 snags $27m in funding from Goldman, JP Morgan, Barclays
H4 claims that documentation in capital markets is ripe for change.
Developing industry-wide standards on DLT security will lead to wider adoption
To develop industry standards, four things need to happen.
US and French regulators team up to ease fintech market entry
Both regions want to boost their statuses as financial technology hubs.
PayTech Awards winners: where are they now? ANNA – Best Corporate Payments Initiative
ANNA has been busy onboarding customers and adding features to its platform for SMEs.
DIFC dips into $100m fund to invest in four start-ups
The Dubai-based innovation centre plans for Series A injections to come.
PayTech Awards winners: where are they now? Emailage – Best E-Commerce Initiative
The pending takeover of Emailage by LexisNexis “kind of dominates the news”, says EMEA MD.
Video: Top fintech stories this week – 05 June 2020
FinTech Futures’ weekly news round-up.
UK e-commerce bank start-up YAN set to launch in October
The fintech says it will donate “at least” 10% of its revenue to charity.
PayTech Awards winners: where are they now? Streeva – PayTech for Good
We talk to some of the winners of last year’s PayTech Awards to see how they have fared since then.
Banking Tech Awards 2020 now open for entries!
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
On getting a job, but finding love. Every bloody time.
I don’t know how to not care.
Appway raises $37 million in equity funding from Summit Partners
Lifecycle management firm secures first external capital raise.
Locked out of Europe: fintechs holding the key to financial inclusion of refugees
Fintechs could, in principle, fill the void left by the large incumbents.
Webinar: How financial services firms are preparing for the new normal
The COVID-19 pandemic has forced a sudden shift from physical to digital.
Getting reconciliation right in the “decade of data”
FinTech Futures sat with Douglas Greenwell, reconciliation expert at Duco.
Facebook attempts to address concerns expressed by regulators on the original proposal
The tax problems with this proposal identified in our client briefing on Libra 1.0 remain unresolved.
Old habits die hard: are you thinking long-term for the good of everyone?
Is it all just reactionary, rather than calmly taking a longer-term view?
Introducing FinTech Features – showcasing the best in fintech on 30 June
A new digital platform for the financial services professionals to learn about the latest technologies and solutions.
Banking’s long divorce process
The separation of customer management from product management has very strong advantages.
Webinar: Balancing the IT compliance and innovation agendas in financial services
Join Dell Technologies, WWT and FinTech Futures on Thursday, 4 June.
Banco Itaú International picks Temenos Infinity to revamp wealth management
The Brazilian financial group is revamping its international and Swiss operations.
Standard Chartered to launch new savings product, calls for help from fintechs
The bank has set a ‘challenge’ for start-ups on its ‘Fintech Bridge’ network.
