Banks’ rapid digitalisation leaving compliance teams in “no man’s land”
Regulators need to understand the challenges facing compliance teams.
FinTech
Tokyo Stock Exchange grinds to a halt in worst outage for 21 years
A hardware issue caused trading to cease for an entire day.
Wirecard operations cease in Singapore, MAS slaps down more charges
Wirecard SG needs to return all customer funds within the next two weeks.
The cloud promises unprecedented agility, and the time to create a roadmap is now
To gain the agility to compete in the modern banking environment, build and invest with the cloud in mind.
Getting ahead of the game in banking
The plethora of digital engagement platforms out there are really just very basic gamification platforms.
Can financial technology help reduce inequality?
Decisions made by algorithms can have a detrimental effect on people’s lives.
Personalised banking – delivering moments-based customer experience
Proven ways for banks to improve personalised experiences, withith insights from Forrester, PWC and Gartner.
N26 snaps up ex-Dropbox exec Adrienne Gormley as new COO
New COO Gormley will head up N26’s global customer service.
Airwallex adds $40m to Series D round, hits $200m raised for 2020
Aussie-founded fintech plans to use cash to expand into new markets.
Argentina’s money management app Ualá launches in Mexico
“It’s a much better product than we had in Argentina [upon launch],” says the CEO.
National Australia Bank pens merchant acquiring deal with Pollinate
The deal also sees NAB invest in the London-based fintech.
AmEx and Amazon launch co-branded credit cards for UK SMEs
The programme targets businesses with less than $10 million in annual revenue.
Old dogs, new tricks and procurement
It’s time for the banks to work together to standardise their onboarding processes and documentation for fintechs.
Jobs of the week: four exciting fintech roles you can apply for right now
FinTech Futures Jobs: featuring vacancies at Monzo, OakNorth, BNY Mellon and more!
JP Morgan-backed Greenlight joins unicorn club with $215m Series C
The start-up says the new funding will be used to push its customer growth further.
Jumio acquires Beam Solutions’ AML technology
Identity firm plans to boost its KYX platform.
Private banking challenger Letter set to land in California
The start-up is spearheaded by GoDaddy engineer Drew Wilson.
Meet Mitigram, the female-founded fintech backed by a female-led VC
Mitigram is a global trade finance platform designed for exporters, traders and banks.
Nymbus undergoes management shake-up with new CEO & CFO
Banking technology firm secures new faces at the top.
Agricultural bank Oxbury picks Naqoda for core banking
Cloud-based vendor gains pioneer partner in the UK.
Open banking usage numbers hit two million in UK for big nine
“The headline number is only one part of the story,” says TrueLayer VP.
Finom raises €10m in pre-Series A investment to expand in Europe
Netherlands-based challenger aims to launch in France and Germany in 2020.
Aussie neobank Douugh lists on ASX ahead of US launch
The plan is to launch in the US before Christmas.
Why do some fintech start-ups experience high exec churn rates?
“Many founders enter the mindset that an hour lost is an hour gained by the competition”.
Financial organisations require a new cybersecurity “playbook” for the post-pandemic era
More than ever, fintech leaders need better ways to secure systems.
Trio of European start-ups raise fresh funding
Factris, KodyPay, and Swan all complete funding rounds this week.
Report: Intelligence, information & innovation – how UK financial services is shaping up for 2020
Comprehensive new research into the challenges, concerns and opportunities facing UK financial services providers.
US challenger One launches all-in-one card to serve middle class
One’s debit card offers a mixture of current, savings, and credit services.
Crypto exchange Gemini launches in UK armed with EMI licence
UK customers can now make GBP deposits to fund their Gemini account.
Video: Top fintech stories this week – 25 September 2020
FinTech Futures’ weekly news round-up.
Revolut’s four-year-long partnerships head Rishi Stocker departs
Stocker spearheaded Revolut’s Japan launch.
Webinar: What does the future hold for “traditional” banking models?
How banks can thrive amid uncertainty and increased competition.
Robinhood’s valuation continues climb with $460m funding
Robinhood it will use the funding to improve its customer experience.
White paper: Scalable, actionable anti-money laundering infrastructure
Open source AML solutions offer lower costs, rapid technology evolution, and broad community-based innovation.
Tech Nation’s third fintech cohort challenges London bubble
“What was striking is the increase of such businesses set up outside London and by women.”
Impact investing: the powerful new trend
Barry Palte, chairman of EQ Capital Partners makes a case for ESG investments.
What the Fintech? Episode 14 | In these VC streets
Martinez shares his insight on VC culture and the shift from Santander Innnoventures to Mauro Capital.
OCC issues guidance on US banks’ stablecoin activities
The US regulator issues clarification for FIs dealing with crypto.
CloudMargin raises $15m Series B from Citi and Deutsche Bank
Investors say high market volatility has highlighted the need for such CloudMargin’s platform
AFME “mixing issues” in call for EU emerging tech focus
EU regulations should be based on “core principles” rather than “technology”.
