BMO picks AWS in push to become “cloud-first organisation”
The Canadian bank plans to move strategic internal workloads to AWS.
Partnerships
Standard Chartered partners Franklin Templeton to launch financial wellness platform
Autumn will allow users to plan and manage their financial and physical wellbeing.
Video: fintech news pick of the week – Nubank raises $750m; Goldman Sachs partners with Visa
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Mastercard launches new initiative to support minority-owned fintech start-ups
The Start Path programme aims to support traditionally underrepresented fintech founders.
Orange Bank partners Younited to underpin consumer credit boost
The bank says it strengthens “essential links” in its credit value chain.
Arkéa Banking Services picks Finastra for Fusion Risk outsourcing
The bank will offer the services of Fusion Risk modules to its compatriots.
Goldman Sachs partners with Visa for cross-border payments
The partnership aims to streamline the bank’s existing systems for both commercial and corporate clients.
Payments fintech Cashfree lands investment from State Bank of India
Cashfree claims to process more than $20 billion annually.
Video: fintech news pick of the week – Standard Chartered, PayPal and Trulioo
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Mitek acquires biometrics firm ID R&D to integrate anti-spoofing technology
The deal sees ID R&D shareholders receiving $49 million in Mitek stock and cash.
Trulioo raises $394m in TCV-led Series D funding round
The identity verification firm has now raised $474m in total.
Aussie neobank Volt lands extended Series E investment from AFG
AFG picks up an 8% stake in Volt as part of the deal.
Sri Lanka’s NDB Bank deploys video KYC with OneConnect and Axion
The bank aims to comply with new regulatory mandates.
Morgan Stanley signs cloud partnership deal with Microsoft
Deal forms part of the US bank’s multi-cloud strategy.
ICYMI funding round-up: Airtm, Cushon, Stake, Clim8, Nordigen & ikigai
A quick summary of this week’s smaller funding rounds.
2021 PayTech Awards hosted by Darren Harriott
Register for the free digital ceremony and networking on 8 July 2021.
Standard Chartered to launch UK-based cryptocurrency exchange
The new platform will be launched in Q4 2021 in partnership with BC Technology Group.
Tred partners with Nium to launch green debit card
UK’s first green debit card to let users track, reduce and offset their carbon footprint as they spend.
Case study: Driving outcomes and getting value from production when security is paramount
Modulr uses the full Tyk API Management platform to securely and seamlessly form a layer in front of the Modulr API.
Signicat buys Encap Security to combine mobile identity and authentication businesses
The two Nordic partners are now under one roof to offer a full lifecycle suite including SCA compliance.
FortisPay acquires EpicPay and Change Merchant Systems
US payments firm plans to create a unified platform combining all three.
Bankable signs ten-year partnership with Aion Bank and Vodeno
The trio are targeting European banks, brands and fintechs.
CBA invests in online shopping start-up Little Birdie and energy retailer Amber
The Aussie bank is seeking to add value and increase engagement for its digital banking offering.
Cybersecurity: doing better, together
Together, we can push each other further and improve the whole industry’s resilience and defences.
Put your brand at the heart of Sibos 2021
Discover marketing and editorial opportunities with our new Sibos Content Hub.
Porto Seguro strengthens credit risk with AI-based solution from Brighterion
Porto Seguro has become the first taker in Brazil for the Mastercard company’s AI for Credit Risk.
Belfius Bank adopts OpenSpan’s Mobile Security Suite to protect mobile customers from cybercrime
As cybercrime activity increases steeply, the Belgian bank has extended its relationship with the US specialist.
Experience-driven banking: experience enablers
A strategic choice whether you become a platform to enable experiences or you own experiences.
FinovateFall Supplement: be part of one of the biggest fintech events of the year
The perfect platform for your organisation to deliver a strong message to engaged fintech professionals.
Monroe Capital selects Allvue Systems’ credit solutions suite
The Chicago-based asset manager is seeking to improve tracking of investment exposures and lines of credit.
NerdWallet signs with Fluent Money for next UK mortgages push
The tie-up follows a competitive tender and builds on an existing relationship between the two companies.
The fallacy of compromise
In life, love and business: give it your all, fight, compromise but, whatever you do, know what you are getting into.
Barclays hires Standard Chartered’s Demery to support fintech clients
Demery takes over fintech partnerships in Europe, the Middle East and Africa.
Customers Bank plans blockchain-based payments with Tassat
US-based Customers Bank aims to tokenise USD payments with Tassat’s tech.
Thunes adds $60m to Series B round focused on network expansion
Singaporean cross-border payments firm has raised $130m in total.
Video: Top fintech stories this week – 20 May 2021
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe.
What the Fintech? | S.2 Episode 11 | Introducing inclusivity
James Herbert, founder and CEO of Hastee, joins us on this latest episode of the What the Fintech? podcast.
UnionBank plans total cloud migration with Amazon Web Services
It aims to be the first entirely cloud-hosted bank in the Philippines.
Webinar summary: getting to market faster by outsourcing PCI compliance
How to get to market faster and decrease the direct and hidden costs associated with PCI compliance.
Safaricom mulls M-Pesa partnership with Amazon
A wider partnership with Amazon “is important”, says CEO.
