Coastal Community Bank picks Finzly to modernise payments processes
Coastal Community Bank has more than $2 billion in assets under management.
PayTech
Ex-Singlife execs to launch new Japanese paytech Purasu Money
Purasu to launch under umbrella of new venture SJ Mobile Labs.
UK sanctions enforcement: fintech in the spotlight
Fintechs cannot afford to neglect sanctions compliance and should ensure they understand their obligations.
Have you made these five transformational tweaks to your self-service channel strategy?
A modern ATM fleet equipped with innovative new features and cash recycling technology is essential.
B2B BNPL: how data can drive more financial flexibility
BNPL is the norm when it comes to B2B transactions, but should corporates look to be more flexible?
Banking Technology October 2021 issue out now
Cover story: multi-tusking – how do you eat an elephant?
ICYMI funding round-up: Yellow Card, QisstPay, Vyne, Tomorrow & more
Plenty of funding rounds in the double digits in this week’s ICYMI roundup.
Swan raises €16m Series A to accelerate European expansion
The BaaS platform wants to democratise access to banking services.
Apple Pay contactless exploit allows unauthorised payments from Visa cards
Researchers from UK universities found up to £1,000 can be siphoned from a user’s cards.
Spanish challenger Bankse plans raft of features to win over customers
New bank to provide trading, credit, crypto, wage payment and more.
BIS finds CBDC-blockchain combo outclasses correspondent banking
Its new project, mBridge, experiments with new CBDC combinations.
Kenbi launches in Israel to help merchants approve payments
New fintech aims to sit atop payment flows and enable easier transactions.
Payments fintech Highnote emerges from stealth with $54m funding
The card issuing platform will help SMEs compete with ecommerce giants like Amazon.
Ascend Money becomes Thailand’s first fintech unicorn with $150m fundraise
Thai fintech plans to boost financial inclusion efforts in Southeast Asia.
Aussie BNPL firm Zip targets Indian expansion with ZestMoney investment
The investment underlines Zip’s strategy to capitalise on the high-growth Indian BNPL market.
Dear Luc: How do I get a slice of the BNPL pie?
This week someone asks: I want to add BNPL to my service, what do I need to consider?
Exclusive: Santander’s PagoNxt to discontinue PagoFX app to refocus on trade services
Users will no longer be able to use the service to send payments after 30 November.
Fintech funding deals globally 20 September – 26 September 2021
Featuring Sorare, MarketFinance, Dapper Labs, Airwallex and TrueLayer.
Bhutan central bank partners with Ripple to pilot CBDC
The CBDC pilot with the South Asian country is designed to boost financial inclusion.
Oy! Indonesia raises $30m in Series A funding round
Payments firm aims to help SMEs transact digitally.
Barclays hires payments veteran Antony Stephen to boost BNPL solution
Stephen joins from Amazon and will work on scaling Barclays’ BNPL platform.
Paytech Recharge eyes global expansion after $35m investment
The Series B round culminated in one of the largest investments into a Dutch startup in 2021.
Deutsche Bank boosts online payments with Better Payment acquisition
Deutsche Bank’s acquisition will expand its product range and market share in online payments in Germany.
London gains new unicorn as TrueLayer raises $130m in Series E round
Open banking payments firm raises largest round yet from Tiger Global Management and Stripe.
A perfect storm: cash collection and the rise of digital payments
The cashless society has been anticipated for decades, with the pandemic now accelerating its arrival.
Pine Labs secures $100m investment to fuel further growth
The Indian fintech has now raised $700 million this year.
Video: fintech news pick of the week – Mastercard, Papaya Global & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Flutterwave partners with Currencycloud to boost global expansion plans
Flutterwave has integrated Currencycloud’s API to expand its payments network.
Fintech funding deals globally 13 September – 19 September 2021
Featuring BitSight, Melio, SellersFunding, Form3 and Xendit.
Cloud payroll fintech dopay raises $18m in Series A round
New raise will go towards product expansion in its sole Egyptian market.
Paytech Form3 secures $160m Series C round led by Goldman Sachs
London-based payment technology provider plots US expansion.
PayTech Awards 2021 Winner: Surepay – Editor’s Choice
Evolution of confirmation of payee (CoP).
Grow Credit raises $106m to expand subscription-based credit builder
Black-owned fintech firm plans growth to 100 million end consumers.
Shortlist announced for Banking Tech Awards 2021
Congratulations to all of this year’s finalists.
Corporate credit card start-up Cape partners with open banking provider Basiq
The tie-up will see Cape’s upcoming cards integrated with Basiq’s open banking technology.
SpotOn raises $300m in Series E round to fuel acquisition of Appetize
US payments firm acquires commerce platform as growth continues.
Exclusive: Inside the merger of DueDil and Artesian Solutions
FinTech Futures sits down with the CEOs of DueDil and Artesian to talk about their merger.
Santander’s PagoNxt acquires majority stake in Mexican technology firm MIT
PagoNxt plans to bolster the development of its payments service Getnet.
TransUnion acquires Neustar for $3.1bn to integrate identity solutions
Credit reporting firm aims to branch into fraud prevention.
B2B payments platform Melio lands $250m investment at $4bn valuation
The firm says the Series D capital will be used to accelerate its expansion through partnerships.
