Revolut hot on Starling’s heels, breaks even in November
“We’re doing much better compared to pre-Covid times,” says CEO.
FinTech
The perennial BNPL crown
Blind allegiance has seen the BNPL sector explode in 2020.
BNP Paribas and 3 Step IT push on with “aggressive” tech recycle plan
BNP Paribas Leasing Solutions specialises in financing solutions for professional equipment.
The times are always a’changing
The story we try to reconstruct and the story we tell ourselves isn’t the full story.
Comarch launches new factoring system
Comarch Cloud Factoring enables managing the entire lifecycle of an invoice with no paperwork involved.
JPMorgan snaps up tax automation fintech 55ip
“Advisors are increasingly seeking intelligent, automated tools,” says bank.
VMware exec: AI’s two Achilles’ heels keep me up at night
69% of enterprise executives think AI is “essential” for responding to cyber threats.
Solving payments and card challenges with a platform approach
A platform approach improves efficiency and customer trust.
E-book: Migration to cloud – your guide to delivering an intuitive customer experience
Learn how to transform the entire organisation with the migration to the cloud.
Mortgage automation: solving today’s business challenges with a proven tool
AVM is becoming commonplace within the mortgage process, benefitting lenders and consumers alike.
White paper: Re-wiring financial services operations for a bold future
Looking beyond the front office to transform experiences.
Half of UK’s small businesses now use open banking, says OBIE
Open banking is speeding up account switches too.
Greek challenger Woli to launch “neobank for families” next year
The fintech is looking to Europe for its launch.
Pockit raises over £500k in its debut crowdfunding
Pockit points to international expansion plans.
How the cloud is the path to open banking
Now is the right time to see how to take better advantage of the open banking framework.
Innovations – moonshot thinking and the art of walking the Earth
In wealth management, innovations need challengers, ambitious goals… and patience.
Video: Top fintech stories this week – 04 December 2020
FinTech Futures’ weekly news round-up.
Stripe launches BaaS-type service for merchants with top US banks
“[The] banking experience should be as easy as spinning up a virtual server.”
Monzo lands another £60m from new backers
The latest funding still sees to leave Monzo at its £1.2 billion valuation.
Northern Ireland boasts highest proportion of fintech workers outside London, says report
Belfast and Londonderry is home to some 74 fintechs which employ around 7,000 people.
FinTech Futures Jobs: the fintech job market is absolutely booming
The global fintech market is predicted to grow at an annual rate of almost 25% – exciting times for jobseekers!
Web Summit 2020: A fintech summary
Stripe is looking at products around digital identity.
Libra and Facebook exec joins rental insurtech LeaseLock
The fintech removes the need for renters to pay a deposit for a rental property.
Ziglu lands £6m in Seedrs crowdfunding campaign
Last month, Monzo’s former legal head James Sullivan joined Ziglu.
Nordigen unveils free open banking platform to industry’s dismay
Nordigen claims it is the first to launch a free open banking platform.
African American Credit Union Coalition signs partnership with Fiserv
Fiserv to identify research and technology needs of AACUC members.
Say it to my face
It’s impossible to give feedback that isn’t evaluative; and equally hard to give feedback that isn’t prescriptive.
AI will explain it to you
Explainable AI removes removes the last barrier in entrusting transaction monitoring to algorithms.
Former Paypal execs raise £14m for start-up venture Primer
The co-founders met at PayPal-acquired Braintree.
Douugh partners with Humm Group to launch US-based BNPL product
Australian neobank plans “Credit Jar” to help users build their credit scores.
TransferWise nabs Australian banking licence from APRA
The restricted licence gives TransferWise access to the country’s real-time payments system.
Savings: the new battleground between challenger and incumbent banks
Reputation is taking a backseat when it comes to choosing where savers keep their money.
What the Fintech? Episode 17 | The spirit is willing, but the markets are weak
This episode of WTF? podcast features Vinoth Jayakumar, partner at VC firm Draper Esprit.
Stripe chases $100bn valuation with no sign of IPO
Stripe could see its valuation quadruple in just two years.
S&P Global could buy IHS Markit for $44bn
S&P Global’s shares have risen 25% in New York this year alone.
JP Morgan and Lloyds considering acquisition of UK challenger Starling Bank
Pair of major banks interested in Starling Bank’s potential following profit announcement.
Banking Tech Awards 2020 hosted online by Tom Ward
Join comedian Tom Ward for the 2020 Banking Tech Awards. Broadcast online on 10 Dec, 3:30pm GMT and is free to attend.
G2A co-founder launches banking challenger Zen in 32 countries
Zen’s offering is split into consumer-facing and business-facing.
Facebook’s Libra could launch as early as January 2021
Novi’s digital wallet is “ready from a product perspective”.
Finleap invests in German app aggregating student finance products
German tuition is largely free, making aid for living costs scarce.
