India’s M2P Fintech snaps up digital identity platform Syntizen
This is M2P Fintech’s third acquisition in 2022 alone.
FinTech
Mastercard appoints former HP exec Ellen Jackowski as new chief sustainability officer
Jackowski will work to “further integrate” Mastercard’s ESG strategy into the organisation.
Reliability is a superpower
The single most valuable thing you can be is reliable.
Webinar: Banking customer centricity with journey orchestration
Improve personalisation decisions across all channels and touchpoints, CX and achieve business goals.
Virgin Money to enter BNPL market this year with Slyce credit card product
Slyce has been created in partnership with Mastercard and TSYS.
Green fintech start-up Tred launches new carbon-tracking banking app
At the end of each month, Tred users are nudged to offset any carbon their spending has emitted.
New bank for public sector workers set to launch next year in the UK
The aspiring bank aims to submit its banking authorisation application by the end of this year.
Portugal’s Universo taps Mambu to expand digital financial services offering
The partnership will allow Universo to provide a “personalised end-to-end financial experience”, Mambu says.
Social investing start-up Shares bags $40m in Series B funding round
The new funds will be used for product development and to fuel its global expansion plans.
UK fintech investment defies global downturn with 24% growth
UK-based fintech firms received $9.1 billion in investment spread across 294 deals in H1 2022.
Don’t let the doom and gloom clip your fintech’s wings
The key to managing this downturn is to focus entirely on your own circumstances.
Banking Tech Awards USA 2022 Winner: FINOS – Tech Leadership
How can fintechs leverage open source in finance to accelerate innovation and efficiency?
B2B e-commerce paytech Balance raises $56m in Series B round
The fresh capital takes the company’s total funding to $87 million.
Indian crypto exchange CoinDCX appoints Gaurav Arora as senior VP
In his new role, Arora will lead product, business and growth for the firm’s DeFi initiatives.
Lebanese fintech Purpl partners Mambu to scale operations
Mambu’s cloud platform will power Purpl’s remittance and digital wallet solution.
Bank Islam Malaysia Berhad launches new banking app, Be U
The fully cloud-native digital banking app aims to broaden financial inclusion in Malaysia.
UnitPlus partners Vodeno and Aion for ‘pay-with-portfolio’ ETF solution
Customers can pay with funds drawn directly from their portfolio using the UnitPlus debit card.
Brazilian fintech Neon raises $80m to support credit portfolio expansion
The funding will allow the firm to expand its portfolio of credit products “in a sustainable and balanced way”.
How fintech can support migrants and help boost economic activity
Access to cross-border financial solutions has become more important than ever.
Rabobank selects US fintech InvestCloud for financial planning tools
Goal-based financial planning features will be made available to Rabobank’s customers.
OneConnect partners Pismo for unified digital banking solution, OneCosmo
Pismo and OneConnect entered into a strategic partnership in April this year.
Curve appoints new CPO Eyal Galina to build out product offering
Galina will be responsible for Curve’s product roadmap and strategy as it looks to boost its presence in the US.
Tax automation platform Fonoa raises $60m Series B
Cash will go towards doubling the company’s headcount and expanding into new markets.
Cartoon: Rodeo
A new cartoon by Ian Foley illustrating why fintechs should view risk management as a core competency.
The gathering momentum of CBDCs
CBDCs offer a means for secure digital payments with legal tender status, and no bank account is required.
FinTech Futures Jobs: Is remote working causing a workquake?
It turns out lots of us really like working from home.
FinTech Futures: Top five stories of the week – 22 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FX firm Monex Europe hires former Mastercard exec as new CTO
John Gallagher joins as one of three new leadership hires at the firm.
Pennyworth partners Moneyhub for financial planning tool
The offering is targeted towards those with salaries between £40,000 and £150,000.
Webinar: The future of payment protection – biometric authentication
How can businesses strengthen their fraud defences with biometric authentication.
TomoCredit bags $122m funding to expand product offerings
Investors include Morgan Stanley’s Next Level Fund and Mastercard.
ICYMI fintech funding round-up: TurnKey Lender, FairPlay, Bloom & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Best, the enemy of better in mobile banking
The challenge for the industry is how to go beyond what they have and deliver platforms beyond the transactional.
Privacy, regulations and cross-border data sharing in finance
Discussing the value and inherent risks associated with data sharing on a global scale.
BNP Paribas partners fintechs to develop digital asset custody offering
The new combined solution will allow clients to issue, transfer and securely keep regulated digital assets.
The Reserve Bank of India wants to ban crypto, says India’s finance minister
The RBI believes cryptocurrencies have a “destabilising” effect on a country’s monetary and fiscal stability.
SunTec hires ex-IBM exec as new chief strategy and transformation officer
Pramod Perumparambil will drive the company’s strategy to accelerate business growth.
The best time to plant a tree
The right time to act was in the past. But that doesn’t mean don’t act now. It means act doubly fast.
EXL, Corridor Platforms and Oliver Wyman partner up for new risk decisioning product
The solution leverages analytics, AI and cloud to deliver “instant” credit decisions to support digital lending.
European proptech Casavo secures €400m in equity and debt funding
The Series D equity raise, led by Exor, represents Europe’s largest proptech financing to date, Casavo says.
