Lloyds partners with Form3 to create group-wide payments platform
The UK bank is acquiring an undisclosed minority equity stake in Form3.
The UK bank is acquiring an undisclosed minority equity stake in Form3.
The fintech plans to boost the deployment of its TWINNTM system.
Connecticut-based credit union picks DNA for “scaleability”.
The bank is joining the Partnership for Carbon Accounting Financials.
The Palo Alto, California-based start-up is valued in the investment at $1.5 billion.
To date, Plum has raised $19.3 million.
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The Nexia InnoLab will connect start-ups with local businesses.
New malware strain emerges from old source code.
11 lenders will partially or completely shut down operations at some 58 branches.
The fintech landed its licence last August.
Its feature #donate allows donors to send instant donations via social media.
Encompass technology implemented into Accuity’s Bankers Almanac solution.
The new deal is hailed as a “step change” in the pair’s relationship.
The Reserve is built green “from inception”.
The app is part of Virgin Money’s wider digital transformation strategy.
Last year, Orient Bank reported a net loss equivalent to $284,374.
It employs 40 Black members of staff across its more than 7,000 strong senior exec team.
The review intends to establish priority areas for industry, policy makers, and regulators.
The idea for Flow originated on an alpaca farm in Drenthe.
Policybazaar expects to return to profitability by the end of this year.
It plans to introduce 60 digital employees by 2021 & 250 digital employees by the end of 2022.
FCMC fines Latvian private bank after on-site inspections.
The savings firm couldn’t keep up with the economic impact of coronavirus.
The Faroe Islands are “experiencing a boom in the number of online businesses”.
TOMS and MARS to be deployed at the GCC bank.
UK watchdog says agreements remain “relevant and appropriate”.
It signed for iFinancial’s BankWare and iBank digital banking software solutions.
RoarMoney is priced at $1.00 a month.
The fintech launched its beta in July.
Thalhammer will be joining Deutsche Bank in October to oversee its Merchant Solutions arm.
Of the groups studied, Black women received worse treatment in 59% of cases.
Moneybox has raised £50 million since 2016.
The sandbox will be for both start-ups and “large financial institutions”.
The start-up has issued around five million virtual card numbers.
Flourish Ventures led the round, with new support from Stripe alumni Lachy Groom and Jon Zieger.
The bank currently employees a team of 56.
Investor Standard Chartered says “digital assets are here to stay”.
FinTech Futures’ weekly news round-up.
The company sold 8.06 million shares to raise $249.86 million on 13 July.