Greensill pledges to help SME suppliers after ombudsman probes
The lender says it needs to “think about the way that [its] capital is being delivered”.
The lender says it needs to “think about the way that [its] capital is being delivered”.
Thirty fintech start-ups from South Africa, Kenya, Nigeria, India and Mexico will get funding.
FinTech Future’s weekly news round-up.
Seven other former Wells Fargo executives were reprimanded by the OCC.
Germany and France are next on Freetrade’s list.
The bank is facing criminal charges for helping Iran evade US economic sanctions.
The funding for the SME finance provider was led by investment firm FTV Capital.
The $1.5bn funding would value Tokopedia at between $8bn and $9bn.
ANZ, Westpac, NAB and Commonwealth Bank have lost a collective half a billion dollars.
The transaction is subject to receipt of required regulatory approvals & conditions.
UK bank to offer Nimbla technology to one million SME customers.
Tranglo partnered with bigtech Alipay earlier this month.
French banking group now deploys Tink in Belgium and Italy.
The app plans to expand across Europe “in the coming months”.
London-based firm gives users green light to sent money to Alipay wallets.
St. Cloud bank goes with CSI to power core processing and digital.
Flutterwave has become Worldpay’s only African payments partner.
M-Pesa is the telco’s digital payment service.
The bigtech is reportedly in talks with Mastercard, JP Morgan Chase and Wells Fargo.
The challenger tries to win ground from UK’s Revolut and Germany’s N26.
The alternate funding model is gaining significant traction in foreign markets.
Roughly a seventh of the 32.54 million employed in the UK are gig economy workers.
The challenger aims to close £100m funding in the first half of this year.
The French start-up hits $100m in total funding.
The bank sees a major reshuffle under new chief Alison Rose.
Fresh funding brings total investment in Trussle to £26.5m.
New York-based community bank wants to boost its commercial ops.
Twisto will be the first European customer to deploy Marqeta and Mastercard’s initiative.
The SME challenger bank says it’s the largest funding round ever for a French fintech.
Its partnership with Apple has taken some of the momentum away from Marcus.
Central banks in Canada, the UK, Japan, Switzerland, and Sweden are teaming up.
Vive aims to fully launch in the second quarter of 2020.
The challenger says the UK’s Muslim community has been “financially isolated”.
DBS’ QR-code based solution is powered by DBS Rapid and DBS Max.
Ten AI patent applications were submitted by RBC across 2019.
“A few dozen” customers had been charged with transactions they never made.
Singapore-based firm plans Middle East expansion with fresh cash.
The Philippines’ first digital bank selects its new core.
The UK financial watchdog has been severely criticised for its lack of oversight of several funds.
EY estimates that around 7,000 positions would be relocated from London to Europe.