Fiserv lands payments deal with Pentagon Federal Credit Union
The credit union is the second largest in the US.
Digital
Weightless – how cloud lightens the heavy lifting for financial institutions
Cloud enables banks to innovate in minutes and launch in days.
PayCargo lands $125m in Series B investment from Insight Partners
Freight payments firm plans product development with new windfall.
White paper: Cloud momentum is building in retail banking
Learn how cloud adoption is growing faster than anybody ever envisaged.
Infographic: Modern consumer experiences run on cloud
Cloud technology is the future of finance. Find out how it’ll get you there.
Market commentary: Cloud momentum is building in retail banking
Find out why cloud is the way forward, and how to navigate the journey.
What the Fintech? | S.2 Episode 13 | The terror of technological debt
Vincent Kilcoyne, executive vice president at SmartStream, joins us on our What the Fintech? podcast.
American Express debuts checking account product for small US businesses
The product has been developed by recent AmEx acquisition Kabbage.
Stripe launches AI-based identity verification tool
Stripe Identity aims to help online businesses prevent fraud when accepting payments.
Video: fintech news pick of the week – Klarna, Mastercard & BBVA
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
BMO Harris Bank picks FIS for multi-year core banking transformation
FIS’ Systematics legacy tech out, Modern Banking Platform in, at BMO Harris Bank.
Mastercard and Visa pick new partnerships to drive biometric payments
Mastercard partners with FinGo following Visa’s deal with ADIB.
Mexican fintech Clip raises $250m in SoftBank-led investment
The investment is the largest ever for a payments company in Mexico.
Google Cloud’s global head of fintech partnerships bids farewell to Big Tech
Anil Saboo leaves after three years at the Big Tech.
BMO picks AWS in push to become “cloud-first organisation”
The Canadian bank plans to move strategic internal workloads to AWS.
Antelop reinvents digital cards and mobile issuance with a unified solution for banks and card issuing processors
Delivering a full range of digital card features through mobile-only integration, with no back-end dev required.
Wipro hires former Yes Bank exec Anup Purohit as new CIO
Purohit has previously worked in leadership roles at RBL, Barclays and JPMC.
Turning the pyramid upside down: delivering operational excellence in a crisis
How do banks begin along this journey? Is the destination worth it? Well, let’s see.
Nityo invests $100m in Singapore embedded finance fintech MatchMove
The US-based firm will also become the largest shareholder in the company.
Mastercard launches new initiative to support minority-owned fintech start-ups
The Start Path programme aims to support traditionally underrepresented fintech founders.
Experience-driven banking: experience owners
Experience owners seek to fulfil end-to-end customer journeys for their niche segment.
Klarna raises $639m in SoftBank-led funding round
The BNPL firm claims it is now valued at $45.6 billion.
Galileo hires former Google Cloud exec Derek White as new CEO
White replaces Galileo founder Clay Wilkes who will switch to vice chair.
Financial wellness platform Credit Sesame raises $51m to fuel expansion plans
The US-based fintech also announced the acquisition of Zingo, a fintech software services start-up.
Dear Luc: Should we ditch the plastic bank card?
This week our writer wonders if we should start ditching plastic cards to be more environmentally friendly.
What the Fintech? | S.2 Episode 12 | The cognitive barrier of poverty
Kunal Galav, regional director for EMEA at Mambu, joins us on this latest episode of the What the Fintech? podcast.
Mark Cuban-backed banking app Dave to go public in $4bn SPAC deal
The two parties claim the deal will be finalised later this year.
Federal appeal overturns New York block on US Fintech Charter
The three-judge panel said NYDFS failed to show it had suffered “actual or imminent injury”.
Singapore fintech Nium acquires B2B travel payments firm Ixaris
The transaction is expected to close early in the third quarter of 2021.
Payfare expands leadership team with new CTO and CPO
Kamran Haidari joins as CTO and Braulio Lam will lead product innovation as CPO.
Video: fintech news pick of the week – Standard Chartered, PayPal and Trulioo
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Trulioo raises $394m in TCV-led Series D funding round
The identity verification firm has now raised $474m in total.
Klarna sways towards US over UK for stock market listing
Klarna boss Sebastian Siemiatkowski says: “It’s more likely that Klarna will list in the US.”
Irish start-up Wayflyer raises $76m in Series A funding round
Funds from the raise will be used to support Wayflyer’s product development and international expansion.
Five trends driving the future of the middle office
The middle office is a work horse that handles business-critical operations, yet is reliant on dated technology.
Fintech funding deals globally 31 May – 6 June 2021
Featuring Wefox, Bought by Many, Chipper Cash, YieldStreet, and Kushki.
Circle raises $440m in financing to drive expansion
The company claims the funds will allow it to meet “significant global demand”.
Morgan Stanley signs cloud partnership deal with Microsoft
Deal forms part of the US bank’s multi-cloud strategy.
Interview: Jason Blick, EQIBank – is DeFi the future of finance?
EQIBank brings together traditional and crypto finance; EQIFi is launching decentralised finance (DeFi) products.
ICYMI funding round-up: Airtm, Cushon, Stake, Clim8, Nordigen & ikigai
A quick summary of this week’s smaller funding rounds.
