Nigerian central bank launches eNaira CBDC
Central bank claims CBDC will boost financial inclusion in the continent’s most populous nation.
BankingTech
Al Rayan Bank taps TruNarrative to cover KYC and onboarding
UK Islamic Bank seeks revamp to regulatory reporting as part of ongoing digital change.
Wesleyan Bank picks Sandstone to revamp digital channels
Birmingham-based bank has launched a new online portal for personal and SME customers.
Live now, pay later
I’d love to see the excitement caused by BNPL stretch to areas where lending is desperately needed.
LGBTQ+ neobank Daylight loses head of product Ethan Teng
Teng says the decision is “one of the easiest and also one of the hardest decisions” he’s made.
Banking Tech Awards USA 2022 – call for judges
An unrivalled opportunity to be on the forefront of fintech and banking tech innovation and gain exclusive insights.
Digital savings platform Chip adds FSCS protection with ClearBank partnership
Chip savings accounts are now covered by FSCS on deposits up to £85,000.
New FinTech Futures Report: Creating financial inclusivity in a digital-first future
A deep-dive report into the industry, focusing on the emerging need for financial inclusivity.
LGB Bank to replace Equation core with BML Istisharat
Lebanese bank switches to existing partner for new core banking infrastructure.
Nymbus to power core banking at US community lender PeoplesBank
Both parties have expanded a partnership following the launch of a digital bank last year.
Indonesia’s Bank INA taps Mambu for cloud banking services
The bank says its pivot to digital will allow it to cater to the underserved and unbanked.
AmEx and Goldman Sachs partner to deliver cloud-based corporate payments platform
The platform will support multiple payment options and offer data and analytics dashboards.
Updraft secures £72m investment in NatWest-led funding round
The financial wellness platform hopes to wean users away from high-interest borrowing.
Filipino BaaS player Netbank picks Chekk for KYC services
Netbank to integrate Chekk platforms into its white-label offerings for customers and businesses.
Revolut hires new Mexico CEO as US exec announces departure
Ronald Oliveira is expected to leave the fintech, while Juan Miguel Guerra joins.
The top three community banking trends for 2022
These are the top trends in community banking that leaders should look out for in 2022.
Fintech funding deals globally 18 October – 24 October 2021
Featuring N26, Deel, FTX, Zopa and Brex.
M1 Finance CEO buys First National Bank of Buhl
Brian Barnes plans to turn community bank into BaaS provider.
Arival Bank lands banking licence in Puerto Rico
Arival plans to provide services to international software firms and underbanked businesses.
What it takes to fight financial crime with AI
AI can play a strong part in combating fraud, but firms need to have the right groundwork in place.
Neobank FIBR launches to support European SMEs via local lenders
The BaaS firm aims to support post-pandemic growth through nurturing SMEs.
UK neobank Zopa raises $300m to fuel next phase of growth
The lending-focused challenger secured a UK banking licence last year.
Perfinal launches as new core banking vendor on the block in Europe
Hungary-based vendor promises to fully automate processes for clients.
BNPL: The now and the later
How can the BNPL industry do more to protect consumers and help the world we live in?
ServiceNow & Accenture white paper: How digitisation is driving bank M&A and improving performance
Find out how digitising operations can bring enormous efficiencies.
HSBC launches new BaaS offering with NetSuite
Major bank plans more BaaS services, including a new digital wallet.
Oracle partners Nano to utilise proprietary onboarding tech
Aussie digital lender will deploy its system to Oracle partners.
Swedish neobank Juni raises $52m in Series A extension to launch credit product
New product will give internet-first businesses access to short-term credit.
The law of unintended consequences
I’ve been spending a lot of time thinking about programmable money. And this stuff scares me.
Research paper: Transforming the banking experience through digital growth
Learn how to transform the customer experience and the risks associated with doing so.
Industry outlook report: Joining the great race
How financial institutions are transforming operations to secure their place in the future of the banking ecosystem.
N26 raises $900m in new funding to reach $9bn valuation
German neobank’s value eclipses the market capitalisation of Germany’s second-largest bank.
Citi picks Capital One’s Naveed Anwar for digital head of TTS
The Capital One man is an industry veteran of 20 years across PayPal, eBay and AOL.
Asia Digital Bank partners Bianjie for blockchain-powered digital banking
The bank’s new digital infrastructure is designed to bridge the gap between centralised and decentralised finance.
Embedded finance platform Alviere lands $70m in funding
New York-based fintech start-up raised the cash across two funding rounds.
Collaboration and the reinvention of banking and financial services
Banks and FIs should look to enable innovation through collaboration with the larger financial ecosystem.
Brazilian core banking firm Pismo lands $108m Series B from Amazon, SoftBank
Pismo plans to break into the US, Europe, and Asia in the coming years.
Accelerating financial inclusion in the era of digitisation
Finnovex West Africa takes place virtually between 26-27 October 2021.
Pedro Sousa Cardoso returns to Emirates NBD as new chief digital officer
Cardoso joins from Standard Chartered, where he worked as a senior managing director.
Danish neobank Lunar acquires payments platform Paylike
Lunar founder and CEO Ken Villum Klausen says payments will be “at the forefront of our next growth phase”.
