Former Uber Money head bags $12.4m for new venture Synctera
The start-up hopes to speed up go-to-market times.
Banking
Texans Credit Union selects Episys core system
The $1.7bn credit union needs 12 employees to maintain its legacy system.
The times are always a’changing
The story we try to reconstruct and the story we tell ourselves isn’t the full story.
Moov Financial raises $27m in Series A funding round
The latest round follows a seed round from August.
Solving payments and card challenges with a platform approach
A platform approach improves efficiency and customer trust.
Wintrust Financial Corporation picks NCR tech
US bank holding company to deploy NCR at 180 locations.
Video: Top fintech stories this week – 04 December 2020
FinTech Futures’ weekly news round-up.
Stripe launches BaaS-type service for merchants with top US banks
“[The] banking experience should be as easy as spinning up a virtual server.”
Web Summit 2020: A fintech summary
Stripe is looking at products around digital identity.
CFTC marks 2020 as record year for penalties issued
US regulator issued a record number of notices this year, even as fines remain roughly the same
African American Credit Union Coalition signs partnership with Fiserv
Fiserv to identify research and technology needs of AACUC members.
AI will explain it to you
Explainable AI removes removes the last barrier in entrusting transaction monitoring to algorithms.
Principles for a global central bank digital currency and a single global payment system
The new global payment system should replace all current payment and settlement arrangements.
Banking Tech Awards 2020 hosted online by Tom Ward
Join comedian Tom Ward for the 2020 Banking Tech Awards. Broadcast online on 10 Dec, 3:30pm GMT and is free to attend.
Report: Digital KYB – a springboard to customer onboarding success
FinTech Futures’ latest in depth industry report on KYB, in partnership with DueDil.
Video: Top fintech stories this week – 27 November 2020
FinTech Futures’ weekly news round-up.
San Fran alternative lender Oportun applies for banking charter
Oportun currently has licences in 12 states.
Founder and CTO of Malauzai leaves Finastra
Daniel Piangerelli departs two years after Finastra acquisition.
New York challenger Current lands $131m in Series C funding round
The capital will go towards Current’s product offerings.
Navigating the new normal – how to redefine KYB and enhance the SME experience
The “one size fits all” approach to compliant onboarding is simply no longer relevant.
HMBradley lands $18.25m Series A led by Chime investor Acrew Capital
To date, the fintech claims it has surpassed $90 million in customer deposits.
AI rewrites 21st century debt collection practices
It’s likely that AI will find a range of uses in the debt collection sector.
Blockchain-based lender Figure seeks US bank charter
Figure wants to simplify its regulatory and compliance procedures.
Be Money rebrands as Daylight in preparation for US launch
Daylight promises a range of LGBTQ+ services to support its customers.
Christian Investors Financial picks Finastra core system
Finastra to deploy Phoenix on the Microsoft cloud.
Fidelity Bank & Trust goes live on Jack Henry’s SilverLake system
The Iowa-based bank replaces several legacy systems
Google Pay unveils integrated banking challenger Plex
Plex will sit in the wider, revamped Google Pay app.
The growth springboard for your bank
Coforge and Profinch execs share their thoughts on Oracle Flexcube.
US crypto exchange Gemini banks on ClearBank for UK operations
Gemini launched in the UK two months ago.
Neobank Mercury aims to serve US start-up scene
Founded in 2017, the bank has raised $26m so far.
Opportunity costs for cynics
The only new opportunity COVID gives us is to be honest about the opportunities we missed.
MSU Federal Credit Union built its own app in 2009 – where is it now?
MSU holds around $5.5 billion in assets and is America’s 48th largest credit union.
PNC buys BBVA’s US arm for $11.6bn creating America’s fifth-largest bank
PNC expects the acquisition will generate around $900 million in cost savings.
Temenos wins new US customer in de novo bank ACDC
ACDC is in the process of applying for a banking licence in the US.
Innovation in Retail Banking Report 2020
Responses from 750+ senior bankers the world over with a focus on adapting to changes brought on by COVID-19.
Report: Three key strategies for customer experience success
In-depth industry report on customer experience, featuring expert insights from Mettle, HSBC & Northwestern Mutual.
Video: Top fintech stories this week – 13 November 2020
FinTech Futures’ weekly news round-up.
UK BaaS Railsbank lands $37m for US credit expansion
“Railsbank [is] set out on a mission to be a truly global platform.”
Standard Chartered signs five-year cloud deal with AWS
The bank deepens its relationship with cloud hosting giant.
Banking Technology November 2020 issue out now
Without limits: The Barclays accelerator races ahead
