For the sake of fraud fighting: how to secure online transactions on the Russian market
All the new forms of digital interaction are getting particularly vulnerable to fraudulent activities.
FinTech
Dubai-based challenger OG Bank selects Bankable to tap UK and Germany
The bank says ‘OG’ stands for ‘on the go’.
Volt closes $70m ahead of IPO plans
Volt plans for $50 million Series D round with British and Middle Eastern investors.
Lydia raises €40m in Tencent-led Series B funding round
Tencent-backed funding to be used to avoid “costly mistakes”.
Azimo shake-up sees appointment of new CFO and COO
Remittance fintech looks internally for C-level replacements.
Tink raises €90 million to power European expansion
Swedish open banking firm brings funding total close to the $200m mark
BMLL appoints Paul Humphrey as CEO
Johannes Sulzberger, outgoing CEO, will remain on the board as a non-exec director.
Brazil’s Ebanx launches beta digital wallet Ebanx Go
The fintech is testing the digital wallet with 10,000 customers.
Video: Top fintech stories this week – 17 January 2020
FinTech Future’s weekly news round-up.
Capital markets fintech iStox raises $5m in South Korea
iStox claims to offer one-stop issuance, custody and trading of digitised securities.
‘Crypto Dad’ promotes blockchain-based USD with Accenture in new think tank
Giancarlo wants to “catalyze a digital, tokenised US currency”.
PeoplesBank opts for Nymbus onboarding and marketing tech
Nymbus to underpin West Massachusetts’ largest community bank.
Fintech Autenti lands $4.48m from three major Polish banks
Alior Bank, BNP Paribas and PKO Bank Polski have all invested.
Revolut valued at $5bn by investors ahead of new fundraising
The valuation is nearly three times its last estimated valuation of $1.7 billion.
The problem with better banking
Surely banking customers want and deserve better banking?
Chinese regulators planning digital banking go-ahead
New set of rules could see a bevy of digital challengers in China.
Fundbox hires “Swiss army knife” CFO signalling IPO
CFO Marten Abrahamsen is a former investment banker.
US challenger Unifimoney signs integration deal with UMB Bank
US challenger inks deal with UMB for account infrastructure.
How start-up Minka is building LatAm’s plumbing for real-time payments
Exclusive interview: “We’re a small start-up doing the work of big players,” says Minka CEO.
Raisin acquires Choice FS as first step into US deposits market
Raisin’s CEO Paul Knodel calls Choice FS “a perfect fit” for its US mission.
ICICI Bank launches portal with around 250 APIs for fintech devs
The bank offers four times the amount of APIs launched by Yes Bank last year.
For love or money
The technology liberates us in the most terrifying way.
TransferGo partners with Currencycloud to reach Kenya, Singapore and Japan
It will facilitate cross-border payments & enable them to launch in 14 new markets over Q1.
Goldman Sachs quietly releases Marcus app three years after launch
The app was designed to be Goldman Sachs’ eventual main mobile face.
Andrea Remyn Stone joins Refinitiv to boost open platforms development
Stone joins the firm from Dealogic, where she had been chief strategy officer since 2015.
Swedish mobile loan app Bynk rebrands to neobank Rocker
The fintech is launching in wider Europe and plans for listing.
WisdomTree takes lead in $17.65m Securrency investment
It plans to pursue the integration of blockchain technology into the ETF ecosystem.
Visa to buy fintech start-up Plaid for $5.3bn
The deal doubles the fintech’s valuation from just over a year ago.
Challenger Longevity Bank positions itself for the silver generation
EXCLUSIVE: Co-founder Sergey Balasanyan tells FinTech Futures of his 2020 plans with the neobank.
Thai blockchain start-up Lightnet gains $31.2m in Series A funding
Lightnet plans to dislodge cross-border giants like Swift.
Why start-up boards are here to stay
Start-up boards are often overlooked and underappreciated.
PayU nabs controlling stake in PaySense, plans merger with LazyPay
PayU splashes $185 million on new acquisition.
Indian challenger founded by Google Pay execs raises $13.2m
Former Google Pay execs aim to tap into India’s millennial market.
Know Your Customer and Botsync close first $2.5m on Hong Kong’s AngelHub
The rounds are part of a larger $50 million Series C round by AngelHub.
Samsung and Syniverse develop wallet-agnostic payments platform
Your phone number is your easiest payment method, says Samsung and Syniverse.
Three ways fintech can address the gender pay gap
Define inclusion and diversity as two very different things.
Al-paca it in: Monzo co-founder leaves to farm Alpacas
The co-founder is quitting to focus on family business ‘Barnacre Alpacas’.
Video: Top fintech stories this week – 11 January 2020
FinTech Future’s weekly news round-up.
FCA stirs up competition for banks’ easy access saver accounts
FCA: Competition is not working well for 40 million British customers.
The Philippines set for first digital-only bank as Tonik gets green light
Tonik Financial will set up the island nation’s first online bank.
