Open Banking home finance start-up Youtility raises £4.5 million
Venture funding round to be used on new products and new hires.
Venture funding round to be used on new products and new hires.
The three firms blame changing customer behaviour for the downsizing.
Regulator’s former CEO Andrew Bailey called out for “tsunami of failure”.
The fintech has “significantly progressed” with its pre-application for a UK bank licence
The company says it is the largest fintech small business lender in Germany.
The credit union aims to support loan servicing with new system.
Banking Circle’s operation centers in the UK, Germany and Denmark will turn into bank branches.
The operational loss is down to its US expansion and its set up of a Berlin-based tech hub.
As well as former CEO Banga, chairman Richard Haythornthwaite set to step down.
Azimo and Ripple speak to FinTech Futures about their new partnership.
Initially focusing on digital assets, the fintech will branch out to more traditional asset classes in the future.
It’s set to be the first of its kind in the country.
Libyan bank signs for Temenos Infinity and Temenos Transact.
It’s one of the first to evolve out of BBVA’s ‘Venture Creation Partnership’ with Anthemis.
Two previous tries have already been made to bring the complaints to court.
SimCorp sees cloud as an important investment for Dimension.
It will arrive in the US later in 2020 or early next year.
US bank agrees to pay hefty settlement fine on ongoing probe.
The challenger wants to “accelerate daily usage of accounts”.
Payments firm set to focus on US, Canada, and Europe.
88% of the figure is made up of the Worldpay mega deal.
Credit card giant leases three new buildings in Dublin.
Neyber secured £100 million from Goldman Sachs in 2017.
Neobank mitigates Brexit impact with new EU payment licence.
Behavox’s investment would be the fifth Vision Fund capital injection for a UK firm.
Akoya goes it alone after less than a year under FMR umbrella.
The US bank has been in discussions with UK financial regulators.
All banks with more than 500,000 customers will have to use the new system.
Network International partners now able to connect to WeChat Pay.
Last week saw a flurry of major fintech deals.
New firm aims to help start-ups in emerging markets.
MEMX is looking to rival the big three.
The new hub will select 8-12 partner banks to deliver global instant payments.
APRA will consult the industry on the development of the framework in H2 2020.
CEO Bryce Galen says the new venture has “the highest APY-deposit account in the US”.
The Big Tech is gearing up to take on Amazon and Microsoft’s rival cloud products.
The bank has eight times more than expected for PPI claims.
Celine Le Cotonnec will join the institution in its newly created role.
Minnesota bank looks to boost customer experience with Backbase tech.
UK users’ data stored by Google is no longer under GDPR laws.