Reimagining the future of money: freedom-bearing, human-centric
Protecting privacy is critical for digital money and CBDCs in order to obtain public trust.
FinTech
FINRA fines SoFi $1.1m after consumer identification flaws led to multi-million dollar heist
SoFi Money – the unit targeted by fraudsters – was ultimately closed by the fintech in June 2022.
Start-up Swaystack launches personalised engagement platform
The platform seeks to enable banks and credit unions to cultivate personalised digital experiences.
Globacap hires WealthKernel’s Brian Schwieger as new chairman
Schwieger also currently serves as the chair of the board and non-executive director of WealthKernel.
The digital transformation divide in Europe’s banking industry
Europe must harness the full potential of the digital revolution for the continent’s unbanked.
ICYMI fintech funding round-up: Backflip, Ansa, Salmon, Firenze and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 3 May 2024
Our pick of the top fintech news stories this week includes Goldman Sachs, HSBC, Microsoft and more.
Banking Technology Magazine May 2024 issue out now
Cover story: PLASTIC MEASURES – Banking must follow a more sustainable path.
FinTech Founders Video: how emerging technologies are facilitating deeper collaborations
This latest FinTech Founders episode delves into the impact of emerging technologies on fintech partnerships.
Securitize secures $47m funding round led by BlackRock
The investment adds to the $48 million raised during Securitize’s Series B funding round in 2021.
Former Thomson Reuters exec David Larson named Feedzai’s new CFO
Larson previously spent over eight years at Canadian multinational information corporation Thomson Reuters.
SumUp lands €1.5bn private credit debt deal led by Goldman Sachs
The latest funding brings the total amount raised by SumUp since its inception in 2012 to over €3.2 billion.
Multi-cloud, multi-headaches?
While a multi-cloud strategy offers potential benefits for banks, it also introduces significant challenges.
Celebrating 25 years of innovation: Banking Tech Awards 2024 nominations now open
Nominations for the Banking Tech Awards 2024 are now officially open to companies worldwide!
Nottingham Building Society taps Nova Credit to expand mortgage range
Nova Credit’s tech enables foreign nationals in the UK to utilise their overseas credit history for mortgages.
Danish fintech Pleo bags €40m debt financing from HSBC Innovation Banking
The business spend management firm intends to expand its credit offering further across Europe.
Lunar set for full-scale launch in Sweden following €24.1m capital raise
The latest capital raise builds on a previous €26.8 million funding round closed in February.
Finastra selects OpenFin to enhance Kondor treasury management solution
OpenFin’s workspace software will “redefine the user experience” of Kondor, Finastra says.
FloQast hires nCino exec Josh Glover as president and CRO
Glover has served as CRO of nCino since 2019, and became its president in 2021.
Banking Circle appoints Johan Bergqvist as new group CFO
The appointment marks the third time Bergqvist has performed the duties of group CFO.
Constant change is not normal, but it is necessary
Normal is nothing more than what everyone is doing… until someone stops and change occurs.
Franklin Templeton partners Microsoft to build “advanced financial AI platform”
The firm will leverage Microsoft’s Azure AI services, including its AI Search and AI Document Intelligence functions.
Barclays reportedly leading the race to take over GM credit card programme from Goldman Sachs
Barclays was a bidder for the programme back in 2020 before Capital One eventually sold it to Goldman.
Vatic AI hires former Mastercard exec Dilip Krishnan as CEO and president
Krishnan will also serve as a member of Vatic AI’s board of directors and will remain situated in Singapore.
State of play: the future of credit
Alternative data sources will be key to ensuring the future of credit is affordable, inclusive, and accessible.
White paper: Redefining banking for the digital future
Learn how to harness digital-first, on-demand banking to increase bottom lines.
Delta Capita buys Client On-Boarding solution from LSEG
LSEG is to continue using the solution as a client of Delta Capita.
Denmark’s Ageras raises €82m earmarked for new acquisitions
The latest round takes Ageras’ total funding to date to nearly €200 million.
Inclusive instant payment system Higala launches in the Philippines
The new system is powered by the open-source payment platform Mojaloop.
Solid Financial Technologies reportedly settles dispute with FTV Capital
Solid will reportedly buy back FTV’s stake in the start-up in full, according to Fintech Business Weekly.
EPAA forms working group with IBM, HSBC, AP+, and PayPal to explore quantum-safe cryptography
The WG-QSC intends to publish its initial findings ahead of Sibos in October 2024.
Demystify Podcast: The evolution of banking technology with Infinant founder and CEO Riaz Syed
In this podcast episode, Dave and Dharm chat with Riaz Syed, CEO and founder of Infinant.
Traydstream hires Microsoft’s Stephan Hufnagl as new CTO
Hufnagl boasts over 20 years of cloud architecture, business strategy and engineering experience.
Risk orchestration: addressing the misconceptions – hub platform vs true orchestration performance
There’s a genuine bottom-line benefit to be realised through effective risk orchestration of your compliance processes.
FinTech Founders Video: the importance of goal alignment in fintech partnerships
Continuing our focus on fintech partnerships, this episode looks at goal sharing and alignment.
ICYMI fintech funding round-up: Fintoc, Bokra, RockFi, Bump and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Al Etihad Payments partners Core42 to launch open finance across the UAE
The UAE central bank says it will be ready to offer open banking to “the majority of customers” this year.
FinTech Futures: Top five news stories of the week – 26 April 2024
Our pick of the top fintech news stories this week includes Monese, Temenos, Synapse and more.
Enigmatic Smile buys Fidel API’s loyalty business
The sale, for an undisclosed sum, includes all assets associated with Fidel’s loyalty business.
Plastic and dollars: confronting the environmental impact of consumerism and banking technology
We must ensure that banking technology follows a more planet-friendly path than plastic.
