Innovation? It’s all about the data, darling
But we are already drowning in a sea of data.
Open Banking
Banking’s long divorce process
The separation of customer management from product management has very strong advantages.
Brazil introduces open banking with UK fintech Ozone and TecBan
Phased implementation will start in November 2020.
Dubai fintech Ziina lands $850,000 and launches P2P payment app
The start-up’s funding round was led by San Francisco-based Class 5 Global.
Money Dashboard appoints ex-PayPal CEO as new chair
Edinburgh-based fintech prepares for next growth phase.
Nordea partners up with Tink on open banking
It’s set to launch for the bank’s users in Norway, Finland and Denmark “in the coming months”.
SME fintech ANNA bags £17.5m from ABHH Group
The investment values it at $110m, with the founders keeping a 40% stake in the start-up as part of the deal.
Open banking wave is coming, but are banking APIs ready for fintech?
Why is it hard to get into open banking as a new player?
Fintech Dapi takes on MENA’s scattered open banking landscape
“The region is super scattered,” says co-founder, Mohammed Aziz, regarding open banking regulations.
Making a case for payment initiation services (PIS)
It’s a cheaper, faster & more secure method for online payments, so why aren’t PIS being more widely used?
How to future-proof your business payments in the age of open banking and API solutions
Let’s dive into the ‘HOW’ of this innovation that has made payments simpler and far more secure.
Leon Muis of YTS: “Open banking paves the way for open finance & open data”
Yolt’s chief business officer unpacks his thoughts on Brexit & the future of finance.
UK fintech Cash Coach set to gamify savings launches on app stores
The fintech will now look to raise up to £400,000 on Crowdcube.
Open banking will rival the spreadsheet in accountancy, says roundtable
“It will give firms what they’ve longed for – real-time understanding of the figures.”
Owning customer relationships is a key priority for banks in the era of open banking
The number one concern, unsurprisingly, is ensuring online security.
Nigerian open banking fintech Okra raises $1m from TLcom
“We’re opening the door to another level of innovation,” says founder.
ING-backed Yolt app plugs into American Express
YTS said it was processing 14 million API calls on average per week.
Nordic API Gateway lands $5m from Danske Bank and DNB
The fresh capital will initiate an “aggressive growth” plan to achieve pan-European coverage.
World Fintech Report 2020: “Traditional banks are at a critical juncture”
“They must embrace Open X or risk becoming irrelevant,” says John Berry, CEO of Efma.
Snoop launch a month early “to help households during coronavirus”
The fintech is headed by ex-Virgin Money CEO Dame Jayne-Anne Gadhia.
Meniga and Worldline strike digital banking partnership
The two firms aim to combine conversational banking with data analytics.
VibePay opens up APIs to SMEs, lands £1.25m funding
Originally planned for Q3 of 2020, the fintech brought the launch forward
Credit Kudos lands £5m Series A ahead of FCA’s credit market study
The capital raise was led by AlbionVC.
PayTech Awards deadline extended! Submit your entry by 30 April
We have received more requests for extensions than ever before, so we are extending the entry deadline again until the end of April.
Revolut and open banking – what’s the big deal?
The announcement from Revolut should be seen as a must win gamble.
Fintech can’t tackle financial services without tackling its diversity problem
Not only was the gender homogeneity disheartening, it’s also a serious problem.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
API builder Yapily lands $13m Series A
The capital raise was led by Revolut-backer Lakestar.
What the Fintech? Episode 2 | COVID-19: Is cash still king?
Find out Nick Kerigan’s take on the impact of COVID-19 and his banned buzzword.
Banking industry publishes EU payments plan post-coronavirus
The paper puts a heavy emphasis on instant payments.
PayTech Awards deadline extended! Submit your entry by 10 April
Premier awards for banks, financial, payment & e-commerce institutions, paytech vendors, individuals & teams!
Plaid and Microsoft partner to turn Excel into a fintech app
“One of the earliest forms of ‘fintech’ is a budgeting spreadsheet,” says Plaid.
CRIF to buy AI fintech Strands
The deal is expected to close in the “coming weeks”.
Unicorn hopeful Lanistar lands $2.5m
Founder says it wants to become a £1 billion “banking alternative”.
Video: Top fintech stories this week – 27 March 2020
FinTech Futures’ weekly news round-up.
Russia’s PM introduces new bill for fintech sandboxes
These new sandboxes will be subject to lighter regulations.
Fronted, 11:FS and Credit Kudos create ‘Covid Credit’ for self-employed
Covid Credit uses open banking data to help the self-employed get income relief.
How smaller banks can take control of their role in the US open banking movement
Embracing open APIs offers plenty of benefits for financial institutions of all sizes.
Video: Top fintech stories this week – 20 March 2020
FinTech Futures’ weekly news round-up.
Disrupting small business banking
I think what we (business owners) really want is an experience driven bank.
