Why mid-sized players should embrace the direct-to-consumer model
It’s imperative for businesses to be able to help customers directly.
FinTech
Video: Top fintech stories this week – 10 July 2020
FinTech Futures’ weekly news round-up.
Banking Technology July/August 2020 issue out now
Unlocking the benefits of open banking.
Alibaba’s Ant plans Hong Kong IPO
“It is looking at selling between 5% and 10% of its shares in an IPO,” according to sources.
How financial institutions can capitalise on open banking benefits
The median open banking spending lies between €50-€100 million according to Tink.
Tide freezes lending after funding falls through
The fintech said the BBLS “doesn’t meet the requirements” of prospective investors.
Square’s $55bn valuation reaches skies of major US banks
Square is $20 billion away from matching Goldman Sachs’ market valuation.
The pretence of invincibility
Everything we do in business is in pursuit of relevance.
Canadian data aggregator Flinks lands $11.8m led by NAventures
The fintech is moving into wealth and expanding to the US.
German business banking start-up Penta tops up Series B by €4m
The financing round adds to the fintech’s Series B in March.
Mastercard invests in long-term fintech partner Verestro
The fintech has worked with Mastercard since 2011.
LIBOR transition: everything you need to know
How NIIT Technologies is supporting businesses grappling with LIBOR transition.
UK challenger Monument to tap Britain’s mass affluent
The fintech has raised £10 million to date.
Starling Bank launches two new paid business accounts
The roll-out includes its second multi-currency account.
White paper: Three key trends driving financial services IT transformation
How financial institutions can become more customer-centric, leverage hybrid IT infrastructure, and avoid vendor lock-in.
South Korea reports 20m subscriptions to open banking service
Figure represents a quadrupling of registrations since an October 2019 pilot.
MFMi Group picks Mambu to power new suite of Islamic products
The Malaysian firm aims to help underbanked in the wake of COVID-19.
UK Finance lands two new managing directors
Both new appointees will join the trade body in the autumn.
Overcoming challenges on the road to open banking success
FinTech Futures speaks to Rajashekara V. Maiya at Infosys Finacle about open banking.
How open is open banking?
If open banking was to deliver on its promise, the opportunity for growth would be enormous.
How to prevent your cloud finances from sinking you during economic turbulence
Practical steps to establish and maintain a successful cloud financial management (CFM) strategy.
Introducing CRUX Digital Days – getting the crux of the tech matter
What’s shaping the financial services technology industry of today and what awaits it tomorrow?
Crypto trading platform GPay shut by UK High Court
On 23 June, the court “wound up” GPay “in the public interest”.
Starling Bank applies for £35m grant from BCR
The UK challenger bank was awarded £100m last year.
ChannelMeter raises $4m for content creator banking service
The start-up is launching its new service ‘Creator Cash’ this month.
PBI lands €45m & acquires salary-backed loans business
The fintech was founded by ex-UniCredit execs.
Pakistani fintech SadaPay lands CTO from Indonesian unicorn Gojek
Gojek is Indonesia’s most valuable start-up.
Video: Top fintech stories this week – 03 July 2020
FinTech Futures’ weekly news round-up.
How 5G will revolutionise consumer banking
When 5G is part of our nationwide infrastructure, it will transform products and services.
Vietnamese digital bank TNEX to create consumer-merchant ecosystem
“We’ve started a bit of a fintech revolution here,” says MSB’s CDO.
US challenger Point lands $10.5m for debit-credit hybrid
Rewards rest on a point-based system.
American Express GBT launches SME cashflow platform Neo1 in UK
The free online service helps finance teams manage cashflow.
UK opens virtual fintech trade mission to APAC
The fintech deal follows FTA talks between the UK, Australia and New Zealand.
B21 launches crypto trading app in India following regulation clarity
India has seen a spike in crypto investing in the last months.
Is your bank rotten to the core?
In banking, a legacy product core based on old technology can’t simply be modified.
Fintech start-up Simpl targets India’s low credit card adoption
Just 3.85% of Indian consumers have credit cards.
Sopra Banking Software taps Tink’s data channel
Sopra Banking Software serves roughly 1,500 banks and financial institutions.
Living in a passive voice world
My frustration with organisations big and small “living in the passive voice” is not new.
Webinar: Stop wasting money in the cloud!
How Robert Half International (RHI) reduced cloud expenses and applied cost optimisation best practices across the enterprise.
Société Générale to acquire French neobank Shine
The deal is thought be be around €100 million.
