FDIC appoints Neocova’s Sultan Meghji as first chief innovation officer
The US agency is aiming to boost innovation among banks and credit unions.
The US agency is aiming to boost innovation among banks and credit unions.
The fintech will no longer rely on ING’s licence.
The government likens a digital identity wallet to a bank card authorising a payment.
The French unit moved to the shelf back in September 2019.
Data analytics and customer engagement firm plans expansion with new funding.
The start-up intends to be a true representation of the country’s 7.6m population.
Pakrashi says his wants “to get back” to his roots at Cape.
Balkin leaves his post after six years with the bank.
The first stop along the way is a new product launch in Norway.
Swiss private bank wants “cutting edge” fraud prevention.
Several US federal agencies are probing American Express, according to a regulatory filing.
All but two are down to property development loans gone bad.
He brings over 18 years of data expertise in academia and fintechs.
Public.com – as on 1 February – decided to stop making profits from payment for order flows.
The fintech anticipates year-over-year growth of around 88%.
Lending to IKEA shoppers accounted for about a quarter of the bank’s total business.
Key to his new responsibilities at DirectID will be the emergence of a new data science team.
Featuring Fraction, BharatPe, Agibank, Monzo, and Coinsquare.
SoLo brought in $12m, which includes a $2.8m seed round and a series of convertible notes.
It provides a true illustration and understanding of how funds move on the networks.
Biggs began working in blockchain back in May 2015.
Nelson spent 23 years at Bank of America.
The bank cites “growing client demand for digital assets”.
Nymbus is gearing up to launch “Nymbus Labs”.
“It makes a big difference when you see someone like you on a platform.”
The banks will have access to a dedicated Wells Fargo relationship team.
FinTech Futures’ weekly news round-up.
The undisclosed amount of funding will help the paytech scale.
The fund will invest in high-growth potential start-ups to scale up across the continent.
It initially launched its platform publicly late last year after raising $1.5 million in funding.
The neobank’s best-performing arm, by a long way, was its NPL unit.
In 2020, Equa bank’s consolidated net profit fell by 55% to $8.5 million.
0.5% is the highest paying easy-access rate in the UK.
The deal is yet to be officially announced.
We round up some of the funding rounds that may have slipped you by.
ION Group has bought a handful of other firms to date.
Equifax wants higher rates of automation and verification.
A report says Klarna is currently working on a half a billion new share issue.
Currently, the start-up makes money on partial interchange fees.
Money transfer firm switches things up in the back office.