Brazil’s Banco Itaú partners US paytech Rêv to launch multi-currency digital wallet
The Itaú Global Wallet was developed by Rêv on its multi-currency payments processing platform.
Partnerships
Danish neobank Lunar welcomes new investor – Hollywood actor Will Ferrell
Actor “excited to take part in Lunar’s mission to give people more power from their money”.
UK fintechs conduct blockchain settlement test with NatWest and Santander
Fnality, Nivaura and Adhara teamed up with NatWest and Santander for the proof-of-concept pilot.
Danske Bank taps SunTec for fee and billing management upgrade
“SunTec is providing a platform that supports our product roadmap,” says Danske Bank.
SumUp selects Worldpay from FIS to support global expansion
London-based SumUp supports more than 3.5 million merchants across 30 markets.
Kiwibank taps software firm ACI to boost real-time payments push
The deal will see ACI provide and manage Kiwibank’s digital payment hub.
Intesa Sanpaolo partners Thought Machine for new digital bank offering
The new digital bank will cater to the 4 million Intesa Sanpaolo customers already utilising digital-first services.
Asian Development Bank and R3 team for cross-border securities transaction system
The cross-border multi-currency securities settlement system will be based on distributed ledger tech.
KeyBank taps Google Cloud for cloud banking operations upgrade
The move will allow KeyBank to speed up the digitisation of its banking processes.
FinTech Australia appoints paytech veteran Andrew Porter as CEO
Porter previously held senior roles at OFX, World First and TransferMate.
Bank of Baroda taps enterprise tech provider NCR for ATM-as-a-Service solution
The Indian bank says the new ATMs will offer “expanded transaction options via our self-service channel”.
Irish fintech start-up Wayflyer hits unicorn status with $150m Series B
The Dublin-based fintech is now worth $1.6 billion, making it Ireland’s sixth unicorn.
HSBC partners and invests $100m in Bill Gates-founded green tech accelerator Catalyst
The bank’s chief sustainability officer says green tech needs investment “to become reality”.
Accenture, SIA, and G42 to build instant payments platform for UAE
Led by Accenture, the consortium will build and operate the platform over the next five years.
Nationwide partners ID fintech Jumio for customer onboarding upgrade
Jumio leverages AI, biometrics, machine learning, liveness detection and automation to verify identity.
Crypto paytech BCB Group acquires software firm LAB577, gains new CTO and COO
LAB577 founder Richard Crook and Farzad Pezeshkpour join BCB Group as COO and CTO, respectively.
German software firm SAP to acquire capital management fintech Taulia
Taulia will continue to operate as a standalone company under its own brand.
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Philippines’ UnionBank picks Metaco’s Harmonize to manage digital asset operations
Metaco provides security-critical software and infrastructure for the digital asset ecosystem.
Walmart-backed Hazel snaps up fintech platforms Even and One in super app push
Walmart CEO says the app will allow users to “manage their money in one place”.
UBS agrees $1.4bn deal to acquire wealth management platform Wealthfront
Millennial and Gen Z-focused Wealthfront caters to “the next generation of investors”.
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Swiss neobank Entris selects Bottomline for digital-first payments upgrade
Entris is looking to future-proof its operations ahead of the introduction of instant payments in Switzerland.
US fintech nCino tapped by Cambridge & Counties Bank for lending infrastructure upgrade
UK bank will look to utilise nCino’s end-to-end cloud-based platform.
Danish digital bank Lunar taps Thought Machine for Vault core banking solution
Lunar says it is building the “go-to app” for banking, payments and investments in the Nordic region.
USDF Consortium launches to develop and promote bank-minted stablecoin
The FDIC-insured banks want to “unlock the financial opportunities” of blockchain technology.
SaaS tech start-up financing platform Arc lands $161m investment
“We’re on a mission to help start-ups grow,” says Arc co-founder and CEO Don Muir.
SIX, BIS and SNB conduct CBDC core banking integration test
Citi, Credit Suisse, Goldman Sachs, Hypothekarbank Lenzburg and UBS also took part in the experiment.
Travel BNPL fintech Fly Now Pay Later lands $75m debt funding package
The funding package will finance the UK fintech’s expansion into the United States.
AI-focused fintech Qraft Technologies secures $146m SoftBank investment
Qraft’s US CEO says investment management is “ripe for disruption” thanks to AI.
Levenue acquires fellow Dutch financing platform Requr
Fintech says acquisition will make it the “go-to funding solution” for European subscription-based businesses.
Central Bank of Bahrain and JP Morgan conduct successful digital currency settlement test
The test was facilitated by JP Morgan’s new blockchain-focused business unit Onyx.
Citizens State Bank picks Lendsmart for mortgage solutions upgrade
Lendsmart’s technology digitises up to 70% of lending and home buying processes.
Consolidation of the BNPL industry: what does it mean?
With regulation on the horizon, the BNPL sector is seeing a number of cross-industry consolidations and partnerships.
Fintech predictions for the year ahead
IBM’s Paolo Sironi and Anthony Lipp make three predictions for the financial services industry in 2022.
2021: Top five core banking deals
FinTech Futures takes a look back at some of the year’s top core banking deals.
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Fiserv tapped by San Francisco community bank to provide real-time payments integration
Community Bank of the Bay will utilise Fiserv’s Payments Exchange: RTP solution.
New Jersey’s Manasquan Bank taps Bakkt for crypto services
The bank will take part in Bakkt’s “early adopter program”, set to launch in Q2 2022.
