Orum lands $56m in Series B funding round
The firm claims it has now raised over $82 million in total.
BankingTech
JP Morgan to acquire fintech start-up OpenInvest
The US bank is looking to boost its ESG investment offerings.
How do we know if we’ve lost our way?
There are a few tools you can use to keep checking whether you’ve lost your way.
Commercial Bank of Kuwait picks TCS treasury solution
The Middle Eastern bank is looking to transform its treasury operations.
Six global banks endorse Swift’s new platform for international payments flows
The transaction management platform is set to launch in November 2022.
Crédit Agricole CIB plans quantum computing project with new partnership
French bank signs deal with Pasqal and Multiverse Computing.
Tide expands to India with £100m investment and RBL Bank partnership
UK business bank aims to “unleash” the potential of Indian SMEs.
JP Morgan Chase acquires 40% stake in Brazil’s digital challenger C6 Bank
Launched in 2019, digital bank C6 has more than seven million customers.
Customer-centric fintechs will reshape South East Asian commerce
There are huge opportunities right now for fintechs looking to South East Asia.
Video: fintech news pick of the week – Visa acquires Tink; Raisin merges with Deposit Solutions
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Canada’s League Data picks Mambu’s cloud banking platform
The cooperative company says Mambu was the “clear choice” to modernise its core platform.
Viva Republica lands $410m as launch of new digital bank looms
Toss has now accrued around $844 million in funding across ten separate rounds.
Architecture heads at Deutsche Bank and JP Morgan leave months into their jobs
John Smith and Gavin Leo-Rhynie depart from major banks.
Fiserv shakes up execs with clutch of new C-level appointments
Guy Chiarello is COO, Suzan Kereere chief growth officer, and Adam Rosman rejoins the firm.
National Bank of Indianapolis shifts to Jack Henry’s Silverlake
Bank moves to Silverlake for commercial and small business, as well as adding online chat.
USAlliance Financial picks FIS Payments One to enhance card processing
New York-based credit union aims to boost credit and debit card ops.
Cross River Bank acquires data analytics firm PeerIQ
The firm says its new acquisition will create a “comprehensive” suite of offerings.
ICYMI funding round-up: LOQR, MOCA Financial, Bueno Finance, Glint Pay & more
Another batch of funding rounds that could have flown under your radar.
Deutsche Bank partners Oracle to upgrade its IT systems
The bank is looking to modernise its database tech and accelerate its digital transformation.
Afterpay hires Mastercard exec Khoja to lead North American expansion
Zahir Khoja joins at a time of “rapid market expansion” for Afterpay.
Oracle wins Flexcube deal with Ethiopia’s first Islamic bank
ZamZam Bank has selected Flexcube to run its core banking ops.
Data’s open road…
Has open banking delivered on its promise of driving innovation and competition?
Unicorns, emojis and gamification: how Gen Z is transforming the way we bank
Neobanks have realised it’s less a matter of “kids hate finance”, and more “finance hates kids”.
Visa to acquire open banking platform Tink in €1.8bn deal
Visa hopes to “help accelerate the adoption of open banking in Europe”.
Saudi Arabia grants first digital banking licences
STC Pay and ARTAR given green light by central bank.
Tinkoff picks Anodot AI solution to improve customer experience
Russian neobank seeks to monitor high volumes of data.
Australian fintech Zeller raises AUD 50m in Spark Capital-led investment
The round was closed in the week prior to Zeller’s launch last month.
Don’t diss the bankers
There are three types of bankers, but there is only one type you need.
Lloyds announces 44 fresh branch closures, brings total up to 100
UK bank extends closure programme in response to customers moving online.
What the Fintech? | S.2 Episode 14 | The hidden value of remittances
Vroon Modgill, CEO and founder of Sokin, joins us on this latest episode of the What the Fintech? podcast.
Analyst report: Expectation versus reality for payments data monetisation
Identifying the data-led services that corporates want. Download for free!
Annual APIs and Integration Report – 2021
The state of APIs, integration and microservices, according to 950 IT executives.
Dear Luc: Can my start-up succeed while working from home?
This week our writer wonders if they really need a London address, or can working from home be just as good?
Migrant banking start-up Majority raises $19m in seed funding
The firm offers a mobile banking service for migrants across the US.
Isbank deploys H2O AI platform for cash forecasting and default prediction
Turkish bank gives automated system the go-ahead after successful pilot.
Credito Emiliano goes live on Temenos Infinity to launch new mobile app
Italian lender develops new digital channel in nine months with Temenos.
Video: fintech news pick of the week – Wise, Société Générale & BBVA
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Fintech funding deals globally 14 June – 20 June 2021
Featuring Ebanx, ThinCats, Guideline, Bunq, and 10x.
Raisin lands first US partner bank with Dallas-based MapleMark
German fintech makes headway after 18 months of preparation.
Novus partners Visa and Railsbank to launch sustainable banking app
The app will reward “conscious consumers” for sustainable purchasing choices.
