November 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in November.
Business-to-Consumer/B2C
News, intelligence and resources on the global fintech industry including topics such as Business-to-Consumer/B2C.
CommonWealth Central Credit Union taps Jack Henry for tech upgrade
The $632 million-asset credit union is set to launch new products with Jack Henry’s core platform.
PayTech Awards 2025 now open for entries
Nominations for the PayTech Awards 2025 are now open, with the deadline for entries set for 14 March.
Mesa debuts homeowners credit card, offering rewards on mortgage and home expenses
The card allows customers to earn ‘Mesa Points’ on mortgage repayments and home-related purchases.
Prodigy Finance inks $310m funding facility with US DFC for cross-border student loans
Prodigy previously sourced a $250 million facility with the DFC in 2020.
Canadian fintech Neo Financial raises $258m in mix of equity and debt funding
The round comprised $78.9 million in equity and $179.3 million in debt.
Interview: Jason Cao on Huawei’s fintech frontier and digital transformation innovation
Cao details the best strategies for digital amid a “highly challenging time” for the global banking industry.
Marygold & Co UK selects Griffin to embed savings accounts into money management app
The app will launch for individuals and small businesses in the UK “later this year”.
Video: Form3 at Money20/20 USA 2024 – The evolution of instant payments
FinTech Futures chats with Dave Scola, CEO of Form3, about instant payments trends in the US.
October 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from October.
Banking Tech Awards USA 2025 now open for entries
The deadline for entries is 7 February 2025.
Mastercard acquires Minna Technologies to upgrade subscription experience
Minna develops technology to help consumers manage subscriptions via banking apps and websites.
Home equity fintech Unlock bags $30m Series B funding
The start-up has also secured a $250 million capital commitment from D2 to support its origination growth.
Video: Optimising cash deposits with Insignis Cash CCO Kate Eadie
Insignis Cash’s Kate Eadie chats with FinTech Futures about democratising the cash savings market.
Video: Endava at Money20/20 Europe – The evolution of B2B payments
Endava’s Scott Harkey highlights the latest technological advancements that are revolutionising B2B payments.
Demystify Podcast: Demystifying international payments with Eddie Harrison of Navro
In this podcast episode, Dave and Dharm chat with Eddie Harrison, co-founder and CPO of Navro.
Video: Amdocs at Money20/20 Europe – Bridging fintech’s personalisation divide
Amdocs’ Bentzium Aviv discusses how emerging technologies are powering the pursuit of personalisation.
Digital platform Crowded deploys Visa Direct for international money transfers
The capability enables the platform’s users to transfer funds to any eligible Visa account globally.
White paper: Redefining banking for the digital future
Learn how to harness digital-first, on-demand banking to increase bottom lines.
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.
How fintech is expanding the borders of financial inclusion
FinTech Futures takes a look at FS firms that are catering to vulnerable people or people with disabilities.
US neobank Chime appoints Shara Chang as chief compliance officer
Chang brings 15 years of financial services, fintech and consumer protection experience to her new role.
Credit Karma co-founder Nichole Mustard reportedly departs firm
Mustard founded the firm in 2007 with Ryan Graciano and Kenneth Lin.
InvesTex Credit Union selects Bankjoy for digital banking upgrade
InvesTex Credit Union says all its members will have access to Bankjoy’s digital banking platform.
US credit card fintech Petal reportedly eyeing potential sale
According to a report by Fortune, sources say the start-up has received multiple offers for acquisition.
US challenger HMBradley winds down consumer business, eyes B2B space
“Our consumer brand growth was falling short of our goals,” says HMBradley CEO and co-founder Zach Brunke.
Lack of funding forces US credit card fintech Ness to close down
Having raised $15.5 million in seed funding, the fintech had hoped to raise an additional $40 million but to no avail.
ICYMI fintech funding round-up: Refine Intelligence, Apiture, Solvimon and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Japan’s MUFG pens multi-year partnership with AWS for digital transformation
By moving to the cloud, AWS claims that MUFG has been able to reduce IT operational costs by 20%.
Goldman Sachs reportedly seeks new issuer for General Motors credit card
Goldman Sachs bought the GM credit card business for $2.5 billion in October 2020.
CFPB targets US fintech firms with proposals for increased regulatory scope
The proposals will target 17 companies who control 88% of the market share.
Customers, employees, shareholders: the laser focus of successful digital transformations
Incorporating a customer lens in your digital transformation can boost both revenue and employee satisfaction.
PFM downturn continues as Status Money closes down
The company’s website and app with cease to operate from 10 November.
Video: Mastercard at Money20/20 USA 2023 – Fintech partnerships and sustainable growth models
We chat with Mastercard’s Tim Montgomery and Hania Faridi about the company’s approach to fintech partnerships.
National Bank of Georgia taps Ripple for CBDC pilot
With Ripple, Georgia’s central bank aims to explore use cases and potential benefits of having a digital currency.
Intuit to merge personal financial management subsidiary Mint into Credit Karma
Intuit first acquired Mint for $170 million back in 2009.
US fintech for older Americans, Charlie, secures $23m Series A
The funding round includes $16 million in equity and $7 million in debt.
IndusInd Bank taps Viamericas for digital inward remittance offering
The bank says its remittance platform provides customers with full transparency over payments.
US regional bank United Community partners Allied Payment Network for real-time payments
The South Carolina-based bank is to integrate Allied’s RTP solutions into its Q2 digital banking platform.
Ally Financial CEO Jeffrey Brown to step down
Brown is due to depart the Michigan-based online bank on 31 January 2024.
