Standard Chartered Korea brings banking to consumers’ keyboards
“Banks must weave their services into customers’ digital lives”.
Partnerships
Malaysia and Indonesian regulators sign fintech cooperative agreement
The two countries will share innovations and foster cross-border start-up development.
UK watchdog green lights $5.3bn Visa-Plaid deal
CMA finds no competition issues with Visa’s mega-deal.
MoneyGram signs remittances deal with Airtel Africa
Airtel Africa customers to gain access to MoneyGram services later this year.
2020 PayTech Awards hosted online by Zoe Lyons
Join our celebrity host Zoe Lyons for PayTech Awards 2020! Free broadcast on 10 September – everyone is welcome.
Pi1 signs card issuance partnership with Marqeta and TagNitecrest
Pi1 extends banking offering with new deal.
Embedded finance: a game-changing opportunity for incumbents
Embedded finance offers a new, very large addressable market opportunity worth over $7 trillion in ten years’ time.
TransferWise goes global with Mastercard partnership
The two firms extend a deal signed in 2018.
Gemini picks Eventus Systems for trade surveillance
Popular cryptocurrency exchange boosts its monitoring.
TrueLayer and sync. partner up on Spanish expansion
UK-based aggregation platform taps TrueLayer to boost its service.
Mastercard partners with AlRaedah Finance on Saudi SME payments
The “SME in a Box” will offer SMEs direct access to fast funds.
National Savings Bank picks ACI Worldwide risk technology
Sri Lankan bank opts to extend partnership with ACI.
Pyramid Federal Credit Union signs for Clear Core data solution
Clear Core’s alpha partnership with Pyramid enables “quick” features.
Samsung launches Curve-powered payments service
Samsung Pay Card allows users to pay with their hardware across multiple accounts.
Form3 gains investment from major UK banks
Payments firm raises $33 million and welcomes Lloyds and Nationwide as shareholders.
European Commission approves Mastercard’s €2.85bn Nets deal
Third party firm to receive an exclusive licence for Nets tech to lower anticompetition fears.
Linn-Co Federal Credit Union goes live on Episys core system
Credit union completes core switch despite COVID-19.
Standard Chartered and Airtel Africa sign financial inclusion partnership
The two firms plan to boost services in “key” African markets.
Video: Top fintech stories this week – 14 August 2020
FinTech Futures’ weekly news round-up.
Sombank picks Temenos Islamic banking systems
The new bank on the block plans to aid financial inclusion in Somalia.
Federal Bank selects Fiserv FirstVision to support new credit card
The Indian bank needed a solution to power end-to-end issuance and processing.
KB Kookmin continues crypto custody development with new partners
The South Korean bank expects artwork and real estate to be traced via blockchain in future.
Standard Chartered signs multi-year cloud deal with Microsoft
The bank is shifting a series of systems to the cloud by 2025.
Police Credit Union picks NCR digital banking platform
The credit union plans to support an expansion in membership.
TransferWise delivers cross-border transfers for Aussie challenger Up
TransferWise thinks there’s money on the table in Australia.
Swansea Building Society deploys Mutual Vision’s Online Banking
Welsh firm brings Mutual Vision’s client base up to 23 in the UK.
GoBear and UnionBank launch new lending service in the Philippines
Partnership claims to be first of its kind in the country.
Global Payments signs cloud deal with AWS
The multi-year deal moves Global Payments systems into the cloud.
Galileo integrates with Plaid to simplify ACH transfers
The integration will streamline the initiation of ACH transfers.
HSBC and Microsoft partner to support Hong Kong SMEs
The two firms have signed a year-long partnership.
Moneyfarm partners with Fabrick to expand open banking offerings
The pair plan to create a joint offering for customers in Italy and the UK.
Metro Bank signs tech partnership deal with Wipro
Wipro plans a “transformation” on Metro Bank’s testing.
Video: Top fintech stories this week – 31 July 2020
FinTech Futures’ weekly news round-up.
Goldman Sachs signs multi-year deal with Publicis Sapient
The consultancy firm is both a client and partner for new Goldman platform.
ING partners with genesis to launch Credit Insurance Application
Dutch bank plans to revamp credit and political risk insurance.
Curve lands first CFO from PayPal, announces Onfido partnership
Scott Weller previously spent a six-year stint at PayPal.
Sezzle signs partnership deal with Plaid
Buy now, pay later fintech joins Plaid network.
ACI Worldwide partners with Arvato Financial Solutions
ACI set to offer Arvato solutions to its merchant customers.
Paysafe acquires US payments firm Openbucks
Paysafe looks to grow its core offering across the US.
Mastercard extends cross-border services in China with Bank of Shanghai
Businesses can use Mastercard to transfer to “any local bank” in China.
