Deposit grower Mantl raises $19m in extended Series A
The fresh capital adds to an extended $11 million Series A raise.
Financial Services/Finserv
Wells Fargo hires Ather Williams III from Bank of America
Major US bank says its new head of strategy will drive innovation.
White paper: Crypto-of-things for securing identity
The latest in key security innovation and the possibilities for enterprises looking to go passwordless hassle-free.
American Eagle Financial Credit Union picks Fiserv’s DNA
Connecticut-based credit union picks DNA for “scaleability”.
Almost soup
Optimism might get you out of your chair and striving for a better tomorrow, but it isn’t optimism that gets you there.
CCAF, World Bank and World Economic Forum call on industry to take part in COVID-19 fintech study
Working in fintech? Take part in the survey and share your views!
BlackRock banking malware capable of targeting 337 apps
New malware strain emerges from old source code.
Robinhood scraps UK expansion plans
The fintech landed its licence last August.
Finastra and Microsoft extend cloud deal
The new deal is hailed as a “step change” in the pair’s relationship.
A search for calmer waters
Businesses across all industry sectors will face three stages over the coming months.
Lloyds commits to increase Black staff in senior roles
It employs 40 Black members of staff across its more than 7,000 strong senior exec team.
PayTech Awards 2020 – call for judges
Join our all-star judging panel!
National Bank of Bahrain picks Bloomberg risk management tech
TOMS and MARS to be deployed at the GCC bank.
The roaring 20s: when the asset manager becomes a data manager
Failure to adapt won’t just impact your existing client base’s investments.
MoneyLion launches RoarMoney with MetaBank & Mastercard
RoarMoney is priced at $1.00 a month.
Finsie to launch US price comparison service
The fintech launched its beta in July.
Study finds discrimination against Black small business loan applicants
Of the groups studied, Black women received worse treatment in 59% of cases.
Disposable card issuer Privacy.com lands $10.2m
The start-up has issued around five million virtual card numbers.
How fintech is transforming financial management capabilities for small businesses
Most business-facing fintech tools have adopted usability conventions from consumer-facing apps.
Video: Top fintech stories this week – 17 July 2020
FinTech Futures’ weekly news round-up.
Webinar: The bottom line – simplifying digital evolution in financial services
Learn how to be be competitive, fast and secure – and the technologies to underpin the digital journey.
Bond bags $32m from Coatue, Goldman Sachs and Mastercard
Bond’s offering is based on “developer-focused” applications.
Educational Systems FCU goes live with Finastra digital banking
Maryland-based credit union wants an in-branch experience online.
Banks must deploy AI with urgency to save SMEs
Projects that would normally take months need to be delivered in days.
The LIBOR transition: why financial organisations need to work smarter and not harder
This LIBOR solution replaces an army of paralegals with technology able to extract information from a 200-page document and over 140 various data points.
Standard Chartered signs quantum computing research deal with USRA
Standard Chartered to investigate the uses of new technology.
HSBC signs multi-year cloud deal with AWS
Amazon Web Services is to become a “long-term strategic partner” for HSBC.
Your LP is your customer, that’s important to understand
Customers want fund managers to do the work for them.
The stress of being stressed
This is the time to handle the pressure, not indulge in the stress.
White paper: Rearchitecting and simplifying post-trade operations
How cloud and innovative tech adoption can help overcome challenges in post-trade operations.
Robinhood lands $320m bumping valuation to $8.6bn
Its Series F stands at $600 million.
Nymbus signs partnership with Payrailz
The two firms will work to enhance Nymbus’s product ecosystem.
US COVID-19 relief scheme deploys Wolters Kluwer tech
iLien for Main Street can aid banks offering support under the Main Street Lending Program.
Head in the clouds
Most financial services firms have a cloud journey roadmap.
Why there’s no slowdown in SaaS
How SaaS reconciliation tech can help banks to properly process and control mission-critical transactional, operational and reference data.
LA neobank Aspiration plants 1m trees in three months
The scheme launched in mid-April.
US buy now, pay later fintech Sezzle in $60m raise on ASX
The start-up still needs to close $5 million.
Marqeta plans 2021 IPO
The Oakland, California firm is tapping up investment banks.
United Federal Credit Union opts for Fiserv DNA
Michigan-based credit union plans to switch its account processing.
Wells Fargo mulls job cuts amid loan losses
The major US bank is looking at a strategic overhaul.
