Canada’s imminent regulatory changes require PSPs to register
The Bank of Canada explains the new regulations for Payment Services Providers (PSPs).
FinTech
FCA debuts AI Lab to promote safe use of AI in UK financial sector
The AI Lab is designed to facilitate the “safe and responsible use of AI in UK financial markets”.
Zenus Bank launches global BaaS offering following Tuum tech integration
Zenus Bank says it has integrated Tuum’s Accounts and Payments modules into its tech ecosystem.
Daily News at Sibos 2024
Download your free copy of the Daily News at Sibos publication today!
Sibos 2024: Embedded finance is driving the future of B2B commerce
Embedded finance is becoming a revolutionary force in B2B commerce.
ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 18 October 2024
Our pick of the top fintech news stories this week includes TD Bank, Barclays, Klarna and more.
UK fintech infrastructure platform Manigo snapped up by Invex Ventures
The acquisition comes after Manigo entered administration last month.
Stripe reportedly in discussions to buy stablecoin infrastructure start-up Bridge in potential $1bn deal
Stripe confirmed plans to introduce stablecoin payments at the checkout in April.
US fintech start-up CapWay shuts down
Founder Sheena Allen announced on LinkedIn that the start-up “is no longer an active business”.
Incumbent banks are far from over
It’s easy to get carried away with focusing on just agility and change/innovation.
Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal
Klarna says it will still own “all consumer-facing activities, including underwriting and servicing”.
State of play: card networks
The emergence of alternative payment rails has forced card networks to evolve to ensure their continued success.
FinTech Futures Jobs: If you’re job hunting, watch out for “rule-bending language” in job specs
Explore thousands of open roles on the FinTech Futures Job Board today.
What we did about it
Of course there is a problem. And we are survivors. So let’s talk about it in terms of what we’ve done about it.
Sibos 2024: From paper to pixels – the future of international trade
The move towards digitalisation in global trade is not just a trend but a necessary evolution.
Navigant Credit Union partners Baker Hill to boost commercial loan operations
Baker Hill’s Commercial Lending solution will be integrated directly within Navigant’s Fiserv DNA core.
Dutch fintech start-up Tebi bags €20m Series A funding
Tebi offers a financial platform tailored for independent hospitality and retail businesses.
FinVolution expands into Pakistan with Daira launch
Daira is a new lending platform offering low-interest, flexible loans for customers in Pakistan.
Sibos 2024: A delicate balancing act – addressing the ‘speed vs security’ dilemma in cross-border payments
In today’s world, customers are constantly demanding faster and more convenient cross-border payments.
SoFi secures $2bn deal with Fortress Investment Group to expand loan platform business
The deal will help fuel the company’s personal loan origination activities.
BaaS is dead, long live BaaS 2.0
As the sector evolves away from the wild west of BaaS 1.0, it can enter its more responsible era.
Augmentum Fintech appoints tech entrepreneur William Reeve as new chairman
Reeve’s 35-year career includes roles at IBM, NatWest, McKinsey, and Nutmeg.
New Zealand Bankers Association selects UK fintech obconnect to power the country’s CoP ecosystem
Retail banks in New Zealand will begin rolling out the new CoP service “by the end of November this year”.
Best Egg lands $500m purchase facility to expand personal loan product
The purchase facility builds on the company’s $225 million Series E round completed in March 2022.
Sibos 2024: Achieving the G20’s cross-border payments goals – embracing a balanced approach
How can the global financial industry ensure we meet the G20’s cross-border payment goals?
Warburg Pincus snaps up minority stake in Brazil’s Contabilizei for $125m
Warburg Pincus has now become Contabilizei’s largest shareholder.
FinTech Futures: Top five news stories of the week – 11 October 2024
Our pick of the top fintech news stories this week includes Monese, TSB Bank, Temenos and more.
ICYMI fintech funding round-up: Bitlayer, Quartr, FutureMoney, Solifi and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Autonomous AI agents: outsourcing decision-making as the new CX paradigm in finance
AI agents are poised to become integral to how we manage and interact with our finances.
Banked buys open banking paytech Waave to drive Pay by Bank solution in Australia
Banked has secured a partnership with Aussie pharmacy giant Chemist Warehouse through the acquisition.
Toss Securities promotes Gyubin Kim to CEO
Kim succeeds Seungyeon Kim, who has served as CEO of Toss Securities since April last year.
UK challenger Monese to be acquired by fellow fintech Pockit
Pockit is to invest £15 million into Monese to support the “integration and future growth of the business”.
Financial planning fintech Facet raises $35m funding round
This round increases Facet’s total raised to $210 million.
You always have the choice to not be that guy
Just because the phone is ringing, it does not mean it is an appropriate time to take the call.
Sibos 2024: The future of sustainable finance – opportunities, challenges, and the road ahead
Sustainable finance is no longer an optional add-on for banks—it is central to their future competitiveness.
What the FinTech? | S.5 Episode 17 | The growth of BNPL and the future of credit reporting
In this episode of the podcast, we’re joined by Liz Pagel, SVP and Consumer Lending Business Leader at TransUnion.
Spendesk’s CEO to step down, replaced by Jellysmack’s Axel Demazy
Outgoing CEO Rodolphe Ardant is shifting into an advisory role.
Mercury secures $100m Natixis CIB credit warehouse to fund IO card programme
The warehouse will apply to Mercury’s credit card programme, which launched in 2022.
RTGS.global co-founder Nick Ogden resigns
Ogden’s departure comes shortly after the resignation of his fellow co-founder, Andrew Smith.
