ICYMI fintech funding round-up: Tuum, DigiMaaya, Youverify, Trampay and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Banking
FinTech Futures: Top five news stories of the week – 15 March 2024
Our pick of the top fintech news stories this week includes the US Federal Reserve, Starling Bank and more.
Is talking to our money the next user experience paradigm?
We need a way of literally talking to our money to help us build a proper relationship with it.
Digital Asset’s Canton Network completes first trial with global banking heavyweights
Notable participants in the trial included BNY Mellon, Standard Chartered, Goldman Sachs and Broadridge.
The art of not dying
Maintaining your tech estate is not an exercise in bravery, but rather an exercise in risk management.
Video: Banking in 2024 – the key digital transformation trends shaping the industry
Industry experts take a deep dive into the biggest tech trends driving the banking industry in 2024.
Jefferson Bank in Texas taps Finastra for Payments To Go solution
Finastra’s tech will enable the bank to deliver instant payment services including FedNow and RTP.
“What are we getting for our tech spending?”
Research has shown there is no industry-level correlation between spending on tech and growth.
US neobank Oxygen switches focus from banking to health in new strategy
Consumers and business users have been informed that their accounts will be closed on 29 March.
Cartoon: Hold, please…
AI tech is reducing the likelihood that any of us will soon talk to a live customer support agent.
FinTech Futures: Top five news stories of the week – 8 March 2024
Our pick of the top fintech news stories this week includes Fiserv, Monzo, Virgin Money and more.
US digital bank Green Dot hires Melissa Douros as new CPO
The new CPO will head product design and team development for the Texas-based fintech.
Video: Intrepid Fox at FinovateEurope 2024 – When KYB meets GenAI
We sat down with Roman Zilber of Intrepid Fox to discuss the intersection between KYB and GenAI.
CFPB to cap credit card late fees at $8 and increase accountability among issuers
The new limit is poised to save US consumers more than $14 billion a year.
Forget the accolades and the pleasantries and pay us
For this International Women’s Day, and for all the days that follow, my message is simple: pay us.
From start-up to unicorn – the rise of Revolut
Vytautas Danta, CCO and deputy CEO of Revolut’s European entity, discusses the fintech’s remarkable rise.
New York Community Bancorp secures $1bn equity boost following Q4 2023 losses
NYCB has also made several high-profile appointments to its board of directors.
Demystify Podcast: Next-generation financial services with Charlie Platt of SAP Fioneer
In this podcast episode, Dharmesh and Dave talk with Charlie Platt, Managing Director of Banking at SAP Fioneer.
Crabs and KPIs
The majority of organisations fail because they allow folks to see what other teams do as ‘not my problem’.
Banking Technology Magazine March 2024 issue out now
Cover story: CREATIVE THINKING – How a borefest could lead to the best ideas.
What the FinTech? | S.5 Episode 3 | Quantum computing in financial services
In this episode of the podcast, we’re joined by Dr Philip Intallura, Head of Quantum Technologies at HSBC.
Treasury Prime trims workforce amid strategic pivot to focus on direct-to-bank partnerships
The pivot comes a year after the firm completed a $40 million Series C fundraising round.
Cartoon: Incumbency advantage
A new cartoon illustrating the dominate position of incumbents in the financial services industry.
FinTech Futures: Top five news stories of the week – 1 March 2024
Our pick of the top fintech news stories this week includes Webull, Citi, Blackstone, Enfuce and more.
The history of banking technology vs the history of banking experience
Over time, the transactional aspects of banking have been solved, but not the emotional ones.
Green Dot receives proposed consent order from US Federal Reserve
Green Dot says the consent order relates “principally to various aspects of compliance risk management”.
FinovateEurope 2024: Digital transformation, shifting customer expectations and Africa’s fintech growth
Influential figures from across the financial industry assembled in London for the final day of FinovateEurope.
State of play: banking
Banks are facing a myriad of challenges, from transformative technological shifts to increasing competition.
Citi names former JP Morgan exec Viswas Raghavan as new head of banking
Raghavan is due to take charge of the group’s investment, corporate and commercial banking unit.
Cross River Bank Group launches new investment banking unit
The group’s new investment banking unit will be co-led by Benjamin Samuels and Henry Pinnell.
Wishful thinking
The job is still about new technology, but it’s not about the ‘if’. It’s about the ‘how’.
Blackstone buys $1.1bn of US credit card debt from Barclays
Barclays says it will use the proceeds of the sale to fund an extension of its US lending activities.
BNY Mellon names Gary Delaney as new international CISO
Delaney will report to Matthew McCormack, who leads the bank’s Information Security Division.
(Fin)tech for good?
The ‘tech for good’ movement has the potential to effect real and positive global technological change.
Quaint Oak Bank taps Finzly to modernise payments infrastructure
Quaint Oak aims to realise its modernisation ambitions by leveraging Finzly’s Payment Galaxy platform.
Vencora acquires Crealogix to bolster banking tech portfolio
Vencora now owns 99.07% of Crealogix’s issued share capital and voting rights.
Returning to the fundamentals: BaaS as mission-critical financial infrastructure
BaaS has become a critical element in the digital transformation of global financial services.
FinTech Futures: Top five news stories of the week – 23 February 2024
Our pick of the top fintech news stories this week includes Capital One, Toast, Xalts and more.
Africa and Gulf Bank partners Orion Innovation for Temenos core banking upgrade
The bank has opted to leverage Temenos Transact and Temenos Infinity for its digital upgrade.
Lithuania: A David slaying Goliath in the fintech arena
Lithuania is making its presence known in Europe’s burgeoning fintech scene.
