Instant payments come to Curaçao and Sint Maarten
The system was developed by European paytech provider Worldline.
BankingTech
Pan-African Payment and Settlement System goes live
PAPSS will save Africa more than $5 billion in payment transaction costs every year.
Six reasons why landlords should re-evaluate their choice of bank
Banks should be in a strong position to support landlords, but unfortunately, this is rarely the case.
ICYMI funding round-up: DigiDoe, Acorn Finance, ThankUCash, Trust & Will, MDXT, & Paywatch
Don’t let funding announcements slip you by in this fast-paced industry.
UK consumer lender Oplo acquired by challenger bank Tandem
Together, Tandem and Oplo will “create a fairer, greener digital bank”.
First Abu Dhabi Bank appoints Suhail Bin Tarraf as group COO
Suhail Bin Tarraf joins from Emirates Islamic Bank, where he was COO for five years.
Swiss digital assets bank SEBA raises $120m in Series C funding round
The round was co-led by a consortium of specialised blockchain and fintech investors.
French fintech Qonto secures €486m Series D funding to boost European growth
The bumper funding round takes the start-up’s valuation to €4.4 billion.
The dying art of arguing
No matter how smart you are, you may be wrong. And having the conversation will always teach you something.
Solution brief: Arkose Labs for fintech
Arkose Labs bankrupts the business of fraud by sabotaging attackers’ ROI and making it uneconomical to attack you.
US SME banking platform Novo raises $90m in Series B funding
Novo CEO Michael Rangel says the funds will go towards improving cash flow for small businesses.
ABN Amro’s Christian Bornfeld to leave role as CI&TO in May
Bornfeld has been “instrumental in future-proofing the bank’s IT landscape”, says CEO.
Case study: Fintech neobank slashes ATOs by 75% with Arkose Labs
No more losing about $100,000 per week in costs associated with compromised accounts!
Core banking solution provider Topaz acquires majority stake in Cobiscorp
The acquisition is set to expand the firm’s footprint across the Americas.
Fintech funding deals globally 3 January – 9 January 2022
Featuring OpenSea, PayFit, Petal, Sygnum and Starling Bank.
Customers Bank brings digital asset bankers onboard
Investment “signals we are a serious participant in this space”, says CEO.
Why the key to effective engagement banking lies in behavioural science
Banks should look to utilise behavioural science to design digital experiences that promote better decision-making.
Video: fintech news pick of the week – Petal, Unibo, & iProov
Our top pick of news from the world of finance and tech in bitesize video format, every week.
The heart of the matter: three predictions for 2022
It’s that time of year when crystal ball gazing is de rigueur.
The focus on ESG: Spotlight on data
As regulatory pressure grows, effective ESG reporting is now essential for businesses across the world.
Biometric authentication specialist iProov secures $70m investment
iProov has received $70 million growth investment from Sumeru Equity Partners.
Old Missouri Bank to launch new digital bank powered by Jack Henry’s tech
The new digital bank will be launched nationwide in early 2023.
Challenger bank Monument appoints new CEO as co-founder moves to corporate dev role
Ex-Barclays Ian Rand is Monument’s new chief executive officer.
From viral fun to financial fraud: How deepfake technology is threatening financial services
As deepfake technology becomes more prolific, the threat posed to financial services is becoming very real.
The great perhaps
This year, we should have the courage to move away from what we’ve always known to really push what is possible.
Taipei Fubon Bank revamps private banking tech with Avaloq
The roll-out will start in Hong Kong and Singapore, followed by the onshore market of Taiwan.
Florida’s Cypress Bank & Trust selects CSI’s NuPoint core banking system
The start-up bank will also implement CSI’s integrated online and digital banking solutions.
Spanish neobank Unibo launches to cater for property managers
Unibo raised €500,000 in a seed round in November last year.
The carrot and the stick: How regulators are driving a data quality revolution
Beyond the threat of fines, regulators can help financial firms by highlighting the benefits of high data quality.
Credit Suisse poaches Goldman Sachs’ Joanne Hannaford to lead technology & operations
Hannaford spent 25 years at Goldman Sachs in London and New York.
Oracle FS signs new core banking client in Vietnam, Kien Long Bank
Flexcube will help Kien Long Bank to become a “modern and friendly digital bank”.
Fintech predictions for the year ahead
IBM’s Paolo Sironi and Anthony Lipp make three predictions for the financial services industry in 2022.
How US banks can benefit by embracing open banking
President Biden recently announced plans to promote new rules to foster open banking in the US.
How can female leaders in fintech pave the way for the next generation of women?
Fintechs must create road maps for the next generation of women in this industry to follow.
Four fintech trends to watch in 2022 and beyond
The rise of Web3, instant checkout, and embedded finance are just a few reasons 2022 will be a pivotal year for fintech.
The state of the API economy
The has been a significant shift away from viewing APIs merely as developer-led internal bits of technology.
2021: Top five core banking deals
FinTech Futures takes a look back at some of the year’s top core banking deals.
Five technology trends reshaping the banking landscape in 2022
As we head into 2022, let’s take a look at the technology trends set to reshape the landscape for banks.
How does the open banking initiative turn into a revolution?
For open banking to really flourish, it must address issues relating to consumer awareness.
What the FinTech? Podcast | Season Two’s Jailed Buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
