FinTech Futures: Top five stories of the week – 15 September 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Consumer/Personal Finance
What the FinTech? | S.4 Episode 15 | How Scotland is aiming to become a global fintech hub
In this episode of the podcast, we’re joined by Nicola Anderson, CEO of FinTech Scotland.
ICYMI fintech funding round-up: GenTwo, Momnt, myZoi, Treyd, Firstcard & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Engagement banking
The idea of personalisation has been around for decades in banking, so it’s time customers get what they deserve.
FinTech Futures: Top five stories of the week – 1 September 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
JP Morgan Chase increases stake in Brazilian digital bank C6 to 46%
The US bank first bought a stake in C6 in June 2021.
Providence FCU taps Mahalo Banking for digital banking upgrade
The upgrade will introduce new features including live chat and a personal finance management tool.
Goldman Sachs to wave goodbye to GreenSky as proposed sale enters final stages
Some offers for the Atlanta-based fintech are reportedly topping $800 million.
Social media: a driving force in digital transformations
To stay relevant, businesses need to regard social media as an integral part of their digital strategy.
What the FinTech? | S.4 Episode 14 | Financial vulnerability and the Consumer Duty
In this episode of the podcast, we’re joined by Helene Panzarino of the London Institute of Banking and Finance.
Better.com’s share price stumbles on Nasdaq debut
The New York-based digital mortgage lender went public through a SPAC merger this week.
LemFi bags $33m in Series A funding round to fuel global expansion
LemFi was founded in 2020 to provide immigrants with better access to financial services.
Video: What’s the next big thing in fintech?
We ask three experts what they think could be the next big thing that will completely transform the industry.
Beyond the single customer view
Even if we have all the data on our finances, we need to be able to understand it.
Silicon Valley Bank makes two senior appointments to lead payment products and digital strategy
Martin Murrell has been named as head of global payments and Milton Santiago as head of global digital solutions.
Video: Which areas of fintech are most at risk in the current economic climate?
We ask three veteran investors which areas of fintech are currently most vulnerable.
MSUFCU veteran Benjamin Maxim named as Reseda Group’s new COO
Maxim has been a central figure at MSUFCU for over 16 years, having first joined back in 2007.
Unpacking the hype: Generative AI in banking and finance
FinTech Futures takes a deep dive into generative AI and how the tech is transforming financial services.
US fintech Stash names Chien-Liang Chou as new CTO
Chien-Liang Chou joins Stash from banking app start-up Dave, where he worked as CTO.
Peoples Bank taps Corserv to launch credit card programme
With Corserv, Peoples Bank will be able to offer 14 different credit card products to its business and retail customers.
FinTech Futures: Top five stories of the week – 18 August 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Communion, CityPay & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Indian neobank Zolve expands into expat-friendly mobile services with telecom-as-a-service platform Gigs
Zolve’s telecom-financial offering is tailored for expats pursuing educational or professional opportunities in the US.
Innovation at the intersection of money, AI, identity and blockchain
AI is proving to be an existential threat to identity. So how is the world responding?
Video: What’s hot and what’s not in fintech
We ask three seasoned fintech investors what’s hot and what’s not in the fintech sector this year.
What the FinTech? | S.4 Episode 13 | AI simulation training in financial services
In this episode of the podcast, we’re joined by Casey Denby, VP of Sales at US tech firm Zenarate.
Mexican challenger Klar lands $100m debt facility to expand credit product offerings
The new facility has been provided by US investment firm Victory Park Capital.
New digital bank for the US military Roger launches
Roger was built in partnership with banking technology solutions provider Nymbus.
Discover Financial Services’ CEO and president Roger Hochschild steps down
Hochschild will serve in an advisory role at the company until the end of the year to ensure a smooth transition.
More than 25 US credit unions and community banks tap Eltropy for AI Chat offering
ACFCU and First Credit Union are among the company’s to deploy Eltropy’s AI tech.
FinTech Futures: Top five stories of the week – 11 August 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
US fintech Greenlight launches credit builder tool for teenagers
Greenlight says parents can add their teenagers as authorised users of its credit card to start building credit.
US fintech Block set to close European payments app Verse
The move is part of Block’s plans to reduce brand spending.
State of play: 2023 so far
What’s the current state of play for the financial services sector and what can we expect for the remainder of 2023?
Credit card fintech Petal secures $200m debt facility from Victory Park Capital
In addition, the company has also raised $20 million in new equity financing from its existing investors.
US credit union associations CUNA and NAFCU announce merger to form America’s Credit Unions
A 60-day voting period for members to approve the merger is expected to begin later this month.
ICYMI fintech funding round-up: Pockit, Orbital, Traction & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Over $10bn deposited into Apple Card’s savings account in first four months of going live
The offering had already accumulated $1 billion in deposits within the first week of going live.
Automotive lending platform GoFi taps Provenir for credit risk decisioning
The Texas-headquartered company has implemented Provenir’s Data and Decisioning Platform.
Seacoast Bank strikes deal with NCR for ATM-as-a-Service solution
Seacoast Bank is leveraging NCR’s ATM-as-a-Service solution to replace its conventional ATM fleet.
