Business banking start-up Relay raises $32.2m in Bain Capital Ventures-led Series B
The Relay platform is designed to “help small businesses take control of their cash flow”.
Digital
May 2024: Top five core banking stories of the month
FinTech Futures takes a look back at five of the top core banking stories of the month.
Remittance start-up Félix Pago bags $15.5m Series A funding
The firm enables Latino workers in the US to send money abroad via WhatsApp.
AI as the new frontier: empowering credit unions for future growth
How can credit unions leverage AI to help boost deposits and improve loan growth?
May 2024: Top five fintech partnership stories of the month
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
Protecting against deepfakes in the era of LLMs
FinTech Futures speaks with FinVolution about how the financial sector can tackle the threat of deepfakes.
Former Stripe exec Gang Wang joins Nuvei as CTO
Wang succeeds Max Attias, who is transitioning to the role of CIO.
Stanbic Bank Kenya set for Temenos core banking upgrade with Orion Innovation
Stanbic Bank Kenya first went live with Temenos’ core banking tech in 2010.
FinovateSpring 2024: Rethinking customer experience and boosting diversity in financial services
FinovateSpring 2024 concluded on Thursday after a day filled with thought-provoking panels and keynotes.
ICYMI fintech funding round-up: Kudos, Teal, WeMoney and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
OUCU Financial Credit Union to migrate to Tyfone’s nFinia digital banking platform
The $483 million-asset credit union is also making use of Tyfone’s Skip-a-Pay and Quick Pay solutions.
Designing financial services for children with Sunshine+Kittens
UK start-up Sunshine+Kittens is launching a new offering for children designed to help boost financial literacy.
BBVA partners OpenAI to deploy ChatGPT among its employees
BBVA has begun deploying 3,000 ChatGPT Enterprise licenses among its employees in Spain.
FinTech Founders Video: taking a start-up idea from inception to reality
Four founders explain how they made their fintech start-up ideas a reality.
Migrant banking platform Majority lands $20m in “push towards profitability”
In addition to the funding, the platform has also announced Abhi Pabba as its new chief risk officer.
FinovateSpring 2024: Mobile payments and understanding Gen Z dominate day two
FinovateSpring 2024 sustained its momentum over day two with a line-up of informative debates and keynotes.
Mercado Pago enters talks with regulators for banking licence in Mexico
Mercado Pago GM Pedro Rivas says the firm’s ambition is to become “the largest 100% digital bank in Mexico”.
Demystify Podcast: The growth of fintech in the UAE – Dubai Fintech Summit special
Dave and Dharm speak with four financial services leaders at this year’s Dubai Fintech Summit.
Cartoon: Working at the edge
Can nature be a guide on how to improve intelligence at the edge of computing networks?
US CFPB sues SoLo Funds for allegedly “deceiving borrowers about the total cost of loans”
The regulator says it is suing the firm for “deceiving borrowers and illegally extracting fees”.
Visa seeks to “revolutionise the card” with array of new product launches
New products include a Passkey service, Visa data tokens and the Visa Flexible Credential for payments.
Apex Group names Ken Fullerton as new global head of operational transformation
Fullerton will also manage the firm’s global service centres.
eBook: Future-proof your fintech – strategies to succeed in 2024 (and beyond)
Download this free e-book to unlock fintech success: optimize CX, boost retention, and drive profit with innovative strategies.
Cache Valley Bank in front-to-back office tech revamp with Finastra
Cache Valley Bank also plans to migrate all on-premises software to the cloud over time.
Paytech start-up Aeropay raises $20m Series B for platform and partnership development
The US-based start-up has also introduced its new “homegrown bank aggregator” called Aerosync.
ICYMI fintech funding round-up: Ekko, Layer, MNZL, Panax and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Commerce Bank goes live with instant payment service FedNow through Temenos Payments Hub
The bank has also tapped Temenos’ US Model Bank to “meet the unique business needs of the US market”.
The UK’s digital identity crisis
The UK needs to prioritise and accelerate digital identity adoption to avoid falling behind.
FinTech Founders Video: essential traits for a successful founding team
Four fintech founders discuss the essential traits that can help founding teams fly.
What the FinTech? | S.5 Episode 8 | The evolution of the UK’s crypto landscape
In this episode of the podcast, we’re joined by Bivu Das, UK Managing Director at Kraken.
Highlights from the FinTech B2B Marketing Conference | 23 April 2024, London
Watch highlights from the FinTech B2B Marketing Conference, which took place on 23 April in London.
What are the strengths, weaknesses and concerns around open banking?
The industry must ensure that open banking tech serves the strategic needs of consumers and institutions.
Corpay to purchase AP automation platform Paymerang from Aldrich Capital for $475m
The transfer of Paymerang from Aldrich Capital to Corpay is expected to close this quarter.
New US paytech Fractal launches with aim to become “SaaS companies’ preferred payment method”
The start-up’s solution seeks to provides SaaS firms with a pre-built embeddable payment service.
Cultures have no borders
The financial services industry has a key role to play in shaping a truly borderless financial world.
ICYMI fintech funding round-up: Fundcraft, Volta, Swypex, SAVR and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
CFPB fines Chime $3.25m for customer refund delays
Chime is to also pay “at least $1.3 million in redress to harmed consumers”.
WaFd Bank to deploy Fiserv’s CashFlow Central for small business customers
The digital payment and cash flow management solution is the result of Fiserv’s partnership with Melio.
New demands demand new technology
The financial services sector is changing rapidly, driven by new technologies and new approaches.
FinTech Founders Video: ensuring data security in fintech partnerships
This new episode in our FinTech Founders series examines data sharing security in fintech partnerships.
