India’s M2P Fintech plots expansion following $35m raise
CEO says firm will also “double down” on growth in India and Dubai.
Open Banking
CBI: Collaborative open finance ecosystems for a market success story
80% of the Italian banking market (around 300 PSPs) has adopted CBI Globe to meet the requirements of the PSD2.
Sibos 2021: BIAN releases upgraded digital core banking platform
The Coreless Bank platform is designed to help firms modernise their core banking infrastructure.
Sibos 2021: Africa has world’s best demographics for financial services, says Standard Bank CEO
Investment and connectivity have created “vast opportunities”, says Sim Tshabalala.
Daily News at Sibos 2021
Download your free copy of the Sibos supplement today!
ICYMI funding round-up: Yellow Card, QisstPay, Vyne, Tomorrow & more
Plenty of funding rounds in the double digits in this week’s ICYMI roundup.
Open Banking Expo returns to Canada for third time this November
This two-day virtual event will bring together financial services and fintech innovators.
The Banking Tech Awards are coming to the USA!
The nomination deadline is 18 February 2022 with the winners announced in June.
Mandatory VRP: a win for open banking, but it’s only the first step
The CMA’s ruling making VRP mandatory for sweeping is a huge milestone for open banking.
Fintech funding deals globally 20 September – 26 September 2021
Featuring Sorare, MarketFinance, Dapper Labs, Airwallex and TrueLayer.
Western Union taps Salt Edge for European digital bank pilot
Salt Edge’s software will ensure the firm’s upcoming digital banking pilot is PSD2 compliant.
Open Banking Expo reunites Open Banking and Open Finance ecosystem after 18 months apart
A global community of Open Banking and Open Finance executives will come together on 4 November in London.
Monese moves into digital banking with Investec
The new partnership will see the international bank begin to offer digital banking services to UK customers.
London gains new unicorn as TrueLayer raises $130m in Series E round
Open banking payments firm raises largest round yet from Tiger Global Management and Stripe.
Open banking’s unstoppable momentum
Regulation directives continue to push the financial industry towards a more open model.
Shortlist announced for Banking Tech Awards 2021
Congratulations to all of this year’s finalists.
Corporate credit card start-up Cape partners with open banking provider Basiq
The tie-up will see Cape’s upcoming cards integrated with Basiq’s open banking technology.
CBI turns to Nexi and SIA for Italian payments architecture project
Cloud-based solution to expand digital transaction banking services.
Video: fintech news pick of the week – PayPal, Standard Chartered, Mastercard & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Fintech start-up Koyo raises $50m in Series A round
The lender will use the cash to target the UK’s “near-prime” consumer credit market.
Mastercard grows open banking offering with Aiia buy
The acquisition of the European open banking provider marks the latest move by Mastercard in the space.
Yolt shuts down app to focus on open banking technology services
The Yolt app has more than 1.6 million downloads.
Railsbank hires Stuart Gregory as new chief product officer
Gregory joins from fintech firm Wise, having previously worked for Paysafe and Visa.
Major Indian banks launch Account Aggregator project
New programme aims to extend financial services to millions of new customers.
Dock: meet in person on 24 November 2021 in London
Get ready for face-to-face interaction! Free VIP passes for banks & financial institutions.
Open banking: a new global standard?
How are different countries actually approaching open banking adoption?
Transact365 – change the way you process online payments
Localise, globalise and optimise your business with Transact365’s range of payment and banking solutions.
Plaid announces Series D extension featuring AmEx and JP Morgan
CEO Zach Perret says its new backers are “storied companies”.
BNPL firm Zilch sets up US expansion with NepFin acquisition
The acquisition of the American firm will give Zilch a foothold in the US market.
Plaid agrees $58m settlement over data privacy class action
The plaintiffs alleged Plaid stored and used bank account information without consent.
Open banking platform finleap connect overhauls management team
Uwe Sandner, Katja Hunstock and Ignacio Garcia named as CTO, CPO and CSO.
Extended deadline announced for Banking Tech Awards 2021
The new nomination deadline for the Banking Tech Awards 2021 is 20 August.
Paysafe signs deal to acquire alternative payments platform PagoEfectivo
The deal is expected to close by the end of August.
Is data the new currency for banks?
Banks have huge amounts of customer data, but do they have enough?
Financial infrastructure firm Prime Trust secures $64m Series A funding
Las Vegas fintech looks to continue its growth and expand into new markets.
Report: Self-service banking – the key to customer acquisition and retention
Fintech Futures investigates how self service banking has changed and what firms can do to keep up.
Nymbus signs Plaid partnership deal to boost client onboarding
Core banking provider says deal will improve a range of identity processes for customers.
Lloyds and Mastercard sign open banking payments partnership
The new platform, PayFrom Bank, utilises Mastercard’s Payment Gateway technology.
BNPL firm Zilch raises additional $110m in Series B extension
The funding has been led by Goldman Sachs Asset Management and DMG Ventures.
Open banking myths
We are still at the start of the journey with open banking and have yet to see its full potential.
