SaaS fintech Rimilia raises $15m from SVB and other investors
The investment brings the fintech’s total funding raised to $40 million.
FinTech
Worldline to buy rival Ingenico for $8.6bn
Worldline says the acquisition will create the fourth biggest player in the global payments sector.
Australia’s Commonwealth Bank to back 25 start-ups
Home-In and Vonto are the first two Aussie start-ups to join the incubator.
Neobank for UK farmers Oxbury lands licence and launches Series C
Its flagship offering ‘Oxbury Farm Credit’ will roll out later this year.
Cybercrime in financial services: Work together to win the war
We need is a smart, flexible way of working together anticipate and respond to threats.
BIS fintech report: More harmonised standards and less TPP reliance
BIS has published a cross-country review on the fintech regulatory landscape.
Scotiabank donates CAD 750k to University of Ottawa AI research
Canadian bank launches research fund to develop AI and ML.
Trio digital brokerage to launch in US by ex-N26 employee
The everyday account will be linked to ETF returns.
How AI can address the global sanctions challenge
Banks shouldn’t delay exploring an AI-powered approach to their existing screening processes.
Banking Technology February 2020 issue out now
Top dogs: The challenger bank success stories of 2019.
Video: Top fintech stories this week – 31 January 2020
FinTech Futures’ weekly news round-up.
What Brexit Day means for the future of fintech
A collection of thoughts across the industry on what Brexit day means for them.
IBM makes major changes to executive leadership
New CEO Arvind Krishna will take the helm.
How SalaryFits is connecting banks with the unbanked
FinTech Futures speaks to its CEO Délber Lage about its platform and future plans.
Griffin raises £3m to take aim at banks’ legacy tech
The start-up will offer a fully-regulated banking platform for fintechs.
Cybertonica raises £2 million Series A
The funding will be used to extend its product in behavioural analytics ScreenWiZe 2.0.
Industry undecided on UK’s fintech funding success
The industry is undecided over roughly $1 billion dollars.
The end of technology…
It’s time to drop the words “digital” and “tech”.
Why is digitised cash better than stablecoins?
Future work in digital identity may lead to additional features and functionality.
US neobank Rellevate picks Technisys for core tech
The challenger will offer payday advances by selling its service through employers.
eBook: Digital identity management – the foundation of successful financial services
How to identify, recognise, authenticate and protect customers – wherever they are, at scale, in real time, across a growing number of devices, and connected objects.
UK fintech Freetrade hit by claims of toxic workplace culture
Former staff said there was no HR person or office manager to voice concerns with.
Lloyds group to close 56 more UK branches this year
Staff numbers may be cut by “under 80” in affected branches.
Pleo rolls out credit cards and secures e-money licence
The start-up is switching up its purely prepaid card offering model.
Desjardins signs multi-year contract with AI fintech Exagens
The 25-person fintech will continue to power the bank’s ‘Assistant AccèsD’.
The digital transformation bod’s infinite playlist
The soundtrack to the cycle of emotions from the day you get the job to the day you deliver results.
UK challenger Monzo in talks with SoftBank for £100m fundraising
Monzo’s co-founder met up with the Japanese investor in Mayfair this month.
Barclays invests in digital receipts start-up Flux
Barclays already uses Flux’s technology on its beta programme Launchpad.
Bank-backed blockchain trade platform Contour launches in Singapore
Contour is built on R3’s Corda platform.
API builder Teller raises $4m to challenge Plaid
Teller’s co-founder: “I fear for the future of Plaid’s product”
The future of trade finance
We speak to Mastercard, NatWest and Marco Polo senior executives about their partnership.
Tally launches 2.0 version of UK Faster Payments-linked app
Tally is not a cryptocurrency, because it’s linked to a tangible asset.
Viva Wallet buys Greece’s first digital challenger Praxia Bank
Praxia was on the verge of being dissolved last month.
Rise of the machines: AI and machine learning in financial services
FinTech Futures launches its first industry report for 2020. Download it today!
How Canadian start-up Cinchy is transforming data for banks
Exclusive interview with Cinchy’s CEO. “Think of it as the end of fragmentation.”
The rise of investment apps
There’s an appetite to save and invest despite low interest rates across Europe, Australia and the US.
Fintech’s diversity performance last year and predictions for 2020
A digital approach to inclusion training can help fintechs with smaller budgets.
API provider Currencycloud raises $80m in Series E funding
The round was co-led by Visa and SAP’s venture arm Sapphire.
UK’s Payzone rebrands to Takepayments
The fintech is also set to expand its headcount this year.
Finnish SME banking service Holvi launches in UK
The challenger already has 200,000 customers largely in Finland and Germany.
