AI savings firm Chip Financial nabs £3.5m from angel investors
The London-based start-up has raised £7.5 million so far in 2019.
FinTech
Backbase Connect 2019: Final round-up and key takeaways
How banks will survive the “neo-reality”.
Mylo raises $10m Series A from major Canadian financial institutions
This fundraising marks two years of rapid growth for Mylo.
Backbase Connect 2019: Backbase’s CEO says its biggest challenge comes from its customers
Banks need to fully commit to a “neo-reality” digital transformation.
Goldman Sachs leads $50m Series C funding round for credit card platform Deserve
The funds will go to its “Card as a Service” (CaaS) platform.
A dose of Hegel, banking edition
False dichotomies – either fighting them or succumbing to them to get things moving, things done, to get people on the same page.
The Other 50 Podcast: all roads must lead to profitability
The state of challenger banks and fintech funding, and what the future holds.
Backbase Connect 2019: How Backbase built a digital bank in 47 minutes
From an uncustomised template to a fully-customised, integrated banking app with 13 mins to spare.
Ask the expert: your questions on growing the business answered
What elements of lead generation should I consider for outsourcing?
Picturewealth co-founder says VCs don’t understand profit when it comes to start-ups
Neal Cross reveals the flaws in fintech start-up’s pitches today.
Backbase Connect 2019: Backbase challenges Banco Santander’s €20bn digital spend
The digital banking firm says it will build a digital bank in one hour.
Revolut CISO leaves after two months on the job
Dinis Cruz has left the challenger bank by mutual consent.
Central Bank of UAE plans new fintech office to power innovation
Governor Mubarak Rashid Al Mansouri says central bank has a “five pillar” approach.
Santander splashes £350m for majority stake in Ebury
The bank’s 50.1% majority stake will put £70 million towards Ebury’s expansion.
Sweden’s subscription manager Minna Technologies lands deal with Norway’s SpareBank 1
Competitor Subaio has recently signed deals with various other Nordic banks.
South Korean regulator plans Open Banking experiment
The scheme will involve a “comprehensive assessment” for Open Banking.
Self-service in the branch and as the branch
ATMs are the powerhouse player in a modern digital strategy.
UK start-up Freetrade raises $15m, inc. first-time investor Draper Esprit
Draper Esprit invested $7.5 million in the fintech.
Facebook target of financial services discrimination lawsuit
Facebook accused of allowing older and female users to be ignored by ads.
HSBC-backed fintech Bud looks beyond financial sector in re-focused product model
The fintech has axed 20% of its staff and undergone a business restructure.
Saudi Arabia’s Riyad Bank pumps $26.7m into new fintech start-up programme
The programme will bring together entrepreneurs and tech companies.
IDnow gains $40m funding injection from Corsair Capital
Verification firm plans to use fresh cash to open new locations.
National Bank of Canada launches Innovation Competition
NBC invites start-ups, developers and students to participate.
The common data format that benefits everyone
Data has only recently started being held in such high regard.
Video: Top fintech stories this week – 01 November 2019
FinTech Future’s weekly news round-up.
Monzo hires new CRO with blue chip banking career
Lisa Nowell leaves ClearBank after just six months.
Pollinate launches with backing from Mastercard, RBS
Merchant services firm’s first customer is NatWest.
Banking Technology November 2019 issue out now
The identity challenge.
Challenging the status quo
FinTech Futures discusses Appian’s strategy with Guy Mettrick.
Neobank Rebellion becomes first fintech to offer Spanish IBANs with banking licence
A Spanish IBAN will allow users to direct their salary to their Rebellion account.
Crypto bundler Revix targets female investors, aims to make digital assets “responsible”
Revix will be sponsoring entrepreneur platform Future Females.
Bad bosses aren’t the whole story: the good bosses that made me
This is what good looks like.
Modulr plans £20m investment in Scottish development hub
The business payments firm wants to boost Scottish fintech.
Starling Bank launches dual currency debit card with pounds and euros
The card will go live alongside its business euro account launch.
Nationwide invests in UK energy bill saver Switchd
Switchd considers the energy market outside the six big players too.
Uber relaunches credit card with Barclays, drivers get real-time cash flow
Uber has rolled out its financial product line Uber Money.
Banca Monte Paschi Belgio rebrands as new digital bank Aion
Warburg Pincus to rebrand new acquisition four months after regulatory approval.
AI: unlocking all your business potential
The future of insurance is entwined with AI – find out what the experts at InsurTech Rising International had to say, plus much more!
Head above the clouds with Deepak Gupta
“Every mid-sized and large bank knows they have to offer RTP.”
Cryptocurrencies and the critical vulnerability of a 51% attack
The processes, the vulnerabilities, and the dangers broken down.
