FCA tackles overdraft rules on new consultation paper
It proposes more transparency for better customer experience.
FinTech
New Indian challenger Payzello launches
The fintech doesn’t have a banking licence – yet.
Synapse receives $33m for back-end fintech
The San Francisco-based start-up expects integrations with Visa and MasterCard.
Alogent acquires FinanceGenius software
The suite has been re-branded as Origins.
Banking Technology June 2019 issue out now
Beyond human. Dreaming of a fintech tomorrow.
Fintechs: partnerships don’t mean you can be passive when it comes to compliance
Protecting the fintechs’ own well-being as well as that of their customers.
CSSF warns UK fintechs about onsite visits
As part of its Brexit preparations, UK fintechs and payment services must also prepare for visits from the CSSF.
DPO Group launches Africa’s first B2B virtual and prepaid payment card
DumaCard gives businesses in Africa access to new markets by enabling cross-border online payments.
Step receives $22.5m Series A funding
Challenger for teens’ waiting list has surpassed half a million people.
Tech Nation opens applications for fintech leadership programme
Designed for leaders of UK’s most promising scale-ups.
BanQu closes extension on $2.6m Series A
The amount of the extension remains undisclosed.
Delio to provide start-up funding platform for Fintech Alliance
Companies and investors will be able to connect directly.
Top fintech stories this week – 7 June 2019
The FCA introduces new rules for P2P platforms, while Tink secures investment from PayPal, and more!
Impact investing can unlock the potential of blockchain in Africa
Blockchain can have an exponential positive impact on the lives of low income communities in Africa.
Money20/20 Europe 2019 – Day 3, specialisation and invisible banking
We chat with Temenos about the problems plaguing modern-day banking.
Amaiz launches brand new banking app for entrepreneurs
It aims to release customers from time-consuming admin and paperwork.
Enterprise cloud platform Liveoak closes $8m Series A round
The investment will fund product development and global expansion.
Video: fintech news weekly round-up – 5 June 2019
News on CIBC, NAB and Bank Leumi alliance, SoFi funding and more!
Money20/20 Europe 2019 round-up
Innovation, concerns and cynicism.
Tink secures strategic investment from PayPal
The investment from PayPal adds $11.2 million to Tink’s capital.
WorldRemit drives growth with $175m funding
Diversification and a new SME product are on the cards.
Ask the expert: your questions on growing the business answered
How do I launch my company into new markets?
Money20/20 Europe 2019 – Day 2, a fragmented consumer-centric world
Everybody wants customer data, but that’s not always customer-centric.
eBay launches cash flow loans with Asto
The app will provide eBay small business customers with a simple cash flow loan when they need it.
Why investors must stop hunting unicorn start-ups and start nurturing zebras
Balancing societal and investor wealth appeals to customers in the age of climate change and political awareness.
Verint Engage 2019: AI, security and genius hacker stories
How changing a phone number can change everything (and cost you millions).
Money20/20 Europe 2019 – Day 1, innovation station
The quicker we are to innovate and implement new features and tech, the better.
Mastercard announces next generation fintech accelerator
Accelerate 2.0 includes Global Reach service.
Firms collaborate on new platform ‒ b.yond
Businesses can test propositions with a limited number of cards and wallet accounts
The AI industry can no longer be held back by its gender gap
If the lack of diversity in AI continues to go unaddressed the consequences could be irrevocable.
Revolut, Chip and Marcus by GS integrate with Money Dashboard
UK fintechs collaborate to help consumers spend smarter and reach saving goals.
Strands strikes digital banking deal with Tech Mahindra
The IT services and consulting firm will leverage Strands' AI- and big data-powered tech.
Biometrics tech firm ID R&D receives $5.7m funding
The funds will be used to meet growing demand for face and voice-based verification.
BlueVoyant gets $82.5m funding for cybersecurity analytics
Bringing the total funding to $207.5m.
Top fintech stories this week – 31 May 2019
The first Amadeus event on payments, a new Indonesian payment standard, and more!
Dashlane closes $110m funding for password protection
And appoints new CMO.
Is your workforce Brexit-proof?
What fintech companies need to do to secure the long-term right to stay in the UK for their EEA nationals employees.
Autologyx raises £1m in funding
AI and ML platform aims to accelerate returns for legal and insurance clients
First Marco Polo trade finance pilot between Asia and Europe
Bangkok Bank and Commerzbank test DLT-based trade finance solution.
SoFi confirms $500m investment led by Qatar
SoFi’s total capital now stands at $2.3 billion.
