Overcoming challenges on the road to open banking success
FinTech Futures speaks to Rajashekara V. Maiya at Infosys Finacle about open banking.
FinTech
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.
TransferWise lands licence from FCA to offer investment products
The move marks its second side-step from cross-border payments.
Wirecard’s UK subsidiary WCS: missed red flags
Red flags include late 2018 financials and a €156,000 lost lawsuit.
TransferWise partners with two Swiss banking services
TransferWise will tap neon’s 30,000 users.
Bud launches open banking solution for payments
CEO Ed Maslaveckas says aggregation is “least disruptive” part of open banking.
Capitolis lands former Microsoft Azure director as CPO
Rahul Auradkar spent more than 12 years at Microsoft.
Mobile money gateway MFS Africa acquires Beyonic for SME play
The value of the acquisition has not been disclosed.
ING Belgium deploys Minna Technologies’ subscription manager
ING Belgium has roughly 1.8 million digital banking customers.
FCA lifts restrictions on Wirecard Card Solutions
UK watchdog allows payments to restart.
solarisBank lands $67.5m in Series C round
The funding was led by German VC firm HV Holtzbrinck Ventures.
Resurs Bank’s new CEO prioritises open banking
The Swedish bank has roughly 6.2 million customers.
What the Fintech? Episode 8 | Payments: were systems in Europe ready for COVID-19?
Tune in to find out an eyebrow raising banished buzzword in another rendition of ‘Fintech Jail’!
IDnow hopes to bring video authentication to UK banks’ onboarding
Customers include Commerzbank, solarisBank, N26, and UniCredit.
ScaleFactor winds down after COVID-19 cripples sales
The start-up raised $100 million between July 2018 and August 2019.
Why every company will soon be a fintech company
Why companies that have nothing to do with finance will get into financial services.
Curve gets services back online over weekend
The fintech is still working on third party digital wallet usage and refunds.
Uber presses pause on financial services play
Uber Money head Peter Hazlehurst is leaving the ride-hailing giant.
Ingressive doubles African tech start-up fund to $10m
Ingressive averages $200,000 to $400,000 in individual investments.
FinTech Futures and Jobbio team up to launch FinTech Futures Jobs
Launching an exciting new jobs board for the global fintech community.
