Former UK chancellor Sajid Javid returns to JP Morgan
His role at the bank will be “strictly ring-fenced” from his political position.
His role at the bank will be “strictly ring-fenced” from his political position.
The new valuation increased by nearly one-third from a previous round just one month ago.
The initiative will focus on helping lower- and moderate-income people’s financial lives.
The deal enables FXPress customers access to multi-currency IBAN accounts.
Reports earlier this month put the value of the acquisition at up to $850 million.
Samsung Pay Card allows users to pay with their hardware across multiple accounts.
Payments firm raises $33 million and welcomes Lloyds and Nationwide as shareholders.
Third party firm to receive an exclusive licence for Nets tech to lower anticompetition fears.
Smallwood departs N26 to join a Berlin scooter firm.
The system claims to save landlords “significant time”.
The development firm plans new expansion.
The deal would involve Amazon acquiring a minority stake in Rackspace.
Defaults have more than tripled, according to KCB’s CEO.
The round comes less than a year after it became a Public Benefit Corporation.
The delay is because of the bloc’s own regulations which are also in flux.
A two-year programme has left only 29 firms in the country.
2.4% of all reported private financial transactions by its staff were transactions with Wirecard in H1.
The banking questionnaire covers initiatives that could support the uptake of regtech solutions.
The major US bank is undergoing a risk restructure.
More than 400 million people are able to trial the digital system.
Bryan arrives at the bank from a CISO role at KPMG.
Lithuanian central bank wants a more unified approach to innovation in the EU.
Commerzbank’s group profit fell by a fifth to €220 million in the second quarter.
The partnership will perform technical research related to a central bank digital currency (CBDC).
The start-up launched In Australia and New Zealand towards the end of 2018.
First Direct becomes fourth UK bank to offer Mastercard debit cards.
The fintech has built its own underwriting which it intends to outsource.
Credit union completes core switch despite COVID-19.
AxiomSL’s Global Shareholding Disclosures will be deployed on the cloud.
The two firms plan to boost services in “key” African markets.
The system allows advisors to submit a mortgage application through the back office.
The appointment comes as the bank makes around 550 employees redundant.
Moneyou has around 500,000 clients spread across the Netherlands and Germany.
Around half of the committed SGD 250m rolled over from the first FSTI scheme.
FinTech Futures’ weekly news round-up.
The new bank on the block plans to aid financial inclusion in Somalia.
The round attracted new investors Augmentum Fintech, SBI Group and mojo.capital.
“If it wasn’t for COVID-19, we’d be well on our way to turning a profit.”
Vitesse brings total raised to £7.3 million with fresh injection.
Investment systems vendor signs public cloud deal with Microsoft.