UK banks and challengers ranked: from on-boarding to app functionality
We use an analytics platform to figure out which UK banks are giving their customers the best service.
Digital
Credit Suisse’s Canadian arm goes live with London fintech Torstone
“The opportunity to reduce our total cost of ownership was a key driver,” says bank.
NerdWallet makes second acquisition in 2020 with Fundera
The deal with Fundera sees NerdWallet continue to diversify its business.
You are not everybody
With remote working, productivity may be up. But what about creativity and serendipity?
Fast is speeding to a $1bn valuation just one year after seed
The start-up’s speedy route to what could be unicorn status is unusual.
Typing authentication – the future of compliance
Cristian Tamas, TypingDNA’s co-founder and CMO, explains why he thinks the firm landed a PayTech Award.
What the Fintech? Episode 15 | Authentication station
What typing authentication is all about.
Accusoft releases new software development kit for PDF functionality
ImageGear PDF enables developers to add a variety of PDF functionalities into an application.
Breaking down borders for marketplace payments
CEO of Banking Circle explains rationale behind award-winning Banking Circle Marketplaces solution.
Alliance Data to buy BNPL fintech Bread for $450m
The acquirer expects the deal to increase its earnings per share by 2023.
Chime’s app goes down for a day as users complain of rejected purchases
“We are currently experiencing intermittent outages,” Chime said.
Deepfakes in finance: a threat to be wary of?
Fraudsters are turning to synthetic identities to open new accounts.
US challenger Bella plans launch around conversational banking
Bella offers a range of consumer-friendly options, including gifts and randomised cashback.
PayTech Awards Supplement
Commending the payment sector’s best projects and experts of 2020.
New US challenger Flyp targets excluded communities
The neobank aims to provide the same service as big banks without the fees.
Calastone acquired by US private equity firm Carlyle Group
Financial details of the agreement have not been disclosed.
A banker goes a-banking, volume 7: why can’t we be friends?
What 15 years of digitisation & modernisation have gotten us from the consumer’s point of view? It’s not looking great.
Cashfac: Fully automate your escrow accounts solution
Driving customer satisfaction through your escrow accounts solution.
Stability of financial institutions during and beyond COVID-19
How should banks provide consumers with what they need and can afford?
Restrictive covenants during COVID-19: are they enforceable?
Can you enforce such clauses in a post-pandemic world – and should you?
Effectively combating fraud while staying user-friendly
The current cyber threat landscape, authentication methods and how the industry continues to fight back.
Unifimoney signs cross-border payments deal with Nium
The US neobank promises an “enhanced outbound money experience”.
Woman-owned de novo Agility Bank gains regulatory green light in Texas
Agility Bank aims to raise $30 million prior to launch in 2021.
PayPal brings crypto further into mainstream with wallet update
PayPal landed the first conditional crypto licence from the NYSDFS.
First Women’s Bank picks Fiserv to underpin 2021 launch
The US neobank will operate out of Chicago to challenge small business lending in the US.
Game over, insert coin
We are trying to pay lip service to wholesale dramatic change but get away with cosmetic modifications.
PeoplesBank picks Nymbus to help launch digital bank Zynlo
Regional US bank stand up digital branc with help from Nymbus.
COVID-19: Hard road ahead for insurtech companies
The global head of Willis Towers Watson Reinsurance Tech anticipates a rocky road ahead for insurtech.
White paper: Low code development in banking and its role in high speed content-based services
How banks can make more strategic use of their content, developing applications at speed that transform services & user experiences.
GPS secures Visa investment to fuel international expansion
Payments processing firm plans to branch out from Europe and South East Asia.
Canadian invoice firm FundThrough raises $50m to support SMEs
FundThrough aims to eliminate the “wait” for SME payments
Stripe acquires Nigerian start-up Paystack in $200m deal
Paystack has 60,000 business customers across Nigeria and Ghana.
TD Bank files lawsuit against Plaid for “duping” its customers
The bank claims Plaid is violating its trademark and tricking customers into handing over data.
Kish Bank picks CSIs NuPoint to fuel digital change
Bank says CSI has been behind it “all the way.”
CUNA Mutual Group acquires lending platform CuneXus
CUNA has been an early-stage investor in CuneXus since 2017.
The end of apps
Is it time that we jumped from the app bandwagon?
JP Morgan Chase partners with Greenlight for kids account
The JPMorgan Chase app has around 39 million ‘active’ customers.
GPS fills out executive team with handful of new C-level hires
Richard Hodgson, Shaun Puckrin, and Jerome Gudgeon join the payments firm.
Central bank digital currencies – don’t get the popcorn
If the art of the possible is being explored, the art of the valuable remains elusive.
Ternio becomes Visa’s first crypto enablement partner for debit cards
“This shows Visa’s commitment to onboard other companies which develop crypto.”
