Alkami Technology closes $140m funding round
The cloud-based digital banking firm has raised $378 million to date.
Financial Services/Finserv
Mastercard and ACI sign payments infrastructure partnership
The pair are targeting central banks, schemes, and service providers.
Old dogs, new tricks and procurement
It’s time for the banks to work together to standardise their onboarding processes and documentation for fintechs.
Transforming the debt collections experience with self-service
The more intelligent collections virtual agents are, the more positive an impact they can have.
JP Morgan-backed Greenlight joins unicorn club with $215m Series C
The start-up says the new funding will be used to push its customer growth further.
Jumio acquires Beam Solutions’ AML technology
Identity firm plans to boost its KYX platform.
Private banking challenger Letter set to land in California
The start-up is spearheaded by GoDaddy engineer Drew Wilson.
Nymbus undergoes management shake-up with new CEO & CFO
Banking technology firm secures new faces at the top.
MineralTree raises $50 million, acquires Inspyrus and Regal Software
Accounts payable firm plans to take firm grip of mid-market segment.
Citigroup promises $1bn to close US racial wealth gap
Citi figures suggest $5trn could be added to US economy in doing so.
Why do some fintech start-ups experience high exec churn rates?
“Many founders enter the mindset that an hour lost is an hour gained by the competition”.
SpotOn secures $60m Series C funding round from DST Global
The latest round puts SpotOn’s total raised at $190 million.
Report: Intelligence, information & innovation – how UK financial services is shaping up for 2020
Comprehensive new research into the challenges, concerns and opportunities facing UK financial services providers.
US challenger One launches all-in-one card to serve middle class
One’s debit card offers a mixture of current, savings, and credit services.
Crypto exchange Gemini launches in UK armed with EMI licence
UK customers can now make GBP deposits to fund their Gemini account.
The shifting ground of payments: are banks and SMEs aligned?
It’s safe to assume that in time, every business and consumer will expect immediate settlement as a norm.
Video: Top fintech stories this week – 25 September 2020
FinTech Futures’ weekly news round-up.
Webinar: Lending digitalisation & AI: Beyond the hype – what’s concrete?
Real customers’ use cases demonstrating the benefits of AI throughout the entire credit lifecycle.
FinCEN Files: Legacy technology “not up to the challenge” to tackle AML
Changes could be needed on both sides to prevent another FinCEN Files.
Robinhood’s valuation continues climb with $460m funding
Robinhood it will use the funding to improve its customer experience.
White paper: Scalable, actionable anti-money laundering infrastructure
Open source AML solutions offer lower costs, rapid technology evolution, and broad community-based innovation.
DTCC appoints Lisa Hershey as new chief compliance officer
Hershey has worked at DTCC for more than a decade.
OCC issues guidance on US banks’ stablecoin activities
The US regulator issues clarification for FIs dealing with crypto.
Goldman Sachs launches transaction banking service with Volante
The new cloud-based system is an “industry first” according to the pair.
Knowing how the story ends
“Where do I begin?” If you have ever asked me, you know my answer is always the same: in the middle.
Live Oak Bank deploys Finxact core for deposits and loans
The US lender picked Finxact in 2018 to revamp its core systems.
Report: What keeps AML & CFT professionals awake at night?
Do your peers share your compliance challenges and professional pains?
Challenger Envel plans “autonomous” banking with Autumn launch
The fintech claims it will “optimise” users’ money.
WeChat transactions ban blocked by US judge
Issues over First Amendment rights causes US magistrate to block US ban.
ClearBank offers multi-currency accounts through JP Morgan API
UK clearing bank claims to be the first of its kind to provide the service.
Five techniques for financial institutions to build and protect their digital reputation
How to protect the distinctive brand values that set you apart from the competition.
How COVID-19 is altering the payments landscape for merchants
The pressure on merchants is immense to serve each individual consumer in the best possible way.
Leaked FinCEN files show banks allowed $2trn in suspicious transactions
Major leak of suspicious activity reports shows “mind blowing” scale of money laundering issues.
US payments firm Melio raises $80m in Series C funding round
Melio plans to use its new funding to expand and reach more customers.
Paytech Nuvei breaks Toronto Stock Exchange records with $700m IPO
The Montreal-based firm saw a surge in demand increase share prices from $20 to $45.
Video: Top fintech stories this week – 18 September 2020
FinTech Futures’ weekly news round-up.
FinovateFall 2020: Banking-as-a-Service shows industry’s future value
A panel of bankers discuss the potential of opening up to customers.
Destination public cloud
It is estimated that global public cloud revenues will grow by about 17% this year.
Kids are banking’s future NOW
I’m just saying there is an opportunity to learn how to “gamify” banking today.
BankingTech Awards 2020 – call for judges
Join our all-star judging panel!
