How mortgage lenders can unlock data and help bridge the housing gap
A borrower’s credit score is now one of their largest barriers to securing a home loan.
Financial Services/Finserv
US real estate fintech Reali to close down
The firm will be laying off most of its workforce on 9 September 2022.
FinTech Futures: Top five stories of the week – 26 August 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Chekk, Hello Clever & Zywa
A handy round-up of the recent funding endeavours of fintech companies across the globe.
LatAm fintechs Belvo and Rebill raise funds
Latin American fintech start-ups Belvo and Rebill are among the lucky recipients of new funds.
US fintech funding round-up: Deposits, Highline & Kasisto
The latest recipients of funding in the US fintech space.
Fana launches to unite enterprises, charities and consumers on one platform
UK-based Fana is now preparing to launch a seed funding round.
The role of the payments industry in saving people and planet
Changing the way we make payments can have a substantial positive impact on our society’s carbon emissions.
PayTech Awards 2022 Winners Supplement out now
Commending the most impactful, innovative and successful projects, products and people in payments.
MX Technologies appoints Wes Hummel as its new CTO
Hummel brings over 25 years of experience leading global engineering and technology teams to MX.
Digital banking beyond your pretty UX
Digital banking is not about pretty graphics, but providing cheaper services, wider choice and more access.
C2FO and Vic.ai team up for AI-powered invoicing solution
The partnership aims to streamline the invoice-to-cash payment cycle for businesses.
What the FinTech? | S.3 Episode 12 | Tackling the challenges for challenger banks
In this episode of the podcast, we’re joined by Kim Symmons, head of design at UK business bank Mettle.
First Federal Bank of Kansas City debuts new digital banking platform
The new digital offering is powered by enterprise solutions provider Narmi.
The ‘stablecoin spring’: how new UK rules signpost the future of payments
The Financial Services and Markets Bill signals the next stage of the UK’s efforts to regulate digital assets.
Paytech start-up CabbagePay launches in the US
The firm’s prebuilt CabbageLink technology can be integrated into mobile apps and online stores.
New bank for the US military community to launch this winter – Moonbeam
Moonbeam says its digital banking products will aim to emphasise financial literacy and economic mobility.
US commercial bank Truist acquires tech firm Zaloni’s Arena platform
Truist identified the Arena platform as “an investment that will help us deliver better financial experiences”.
Enhancing customer engagement in financial services with AI
AI has had an immediate impact on how customers engage with financial organisations.
US paytech Celero snaps up Community Bankers Merchant Services
With the acquisition, Celero says it will serve 53,000+ merchants in the US, processing $21bn in annual card volume.
MVB Financial set to acquire Integrated Financial Holdings for $98m
MVB Financial is aiming to grow its government guaranteed lending business.
Paytech firm Elavon hires Hemlata Narasimhan as president of European operations
Narasimhan previously served as senior vice president of Visa’s merchant and acquiring business in Europe.
Covalto to become Mexico’s first US-listed fintech following SPAC merger
The deal values Covalto at $547 million and will see the firm listed on the Nasdaq exchange.
How open banking payments will help businesses keep up
With open banking, businesses have what they need to provide a frictionless checkout experience.
Underwriting with alternative and cash flow data
Use of non-bureau, “alternative’’ credit data can help better understand the risk of a consumer.
FinTech Futures Jobs: Here’s how to position yourself as a leader at work
Explore thousands of open roles on the FinTech Futures Job Board today.
Fintech start-up Pomelo raises $70m in seed financing
Pomelo’s investors include celebrities The Chainsmokers and The Weeknd.
ICYMI fintech funding round-up: Farther, BankiFi, Highbeam and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Blockchain, tokenisation and financial inclusion
The potential for Web3 to enable financial inclusion in populations is tremendous.
Digital banking tech provider Bankjoy signs up UMe Credit Union
UMe members will be able to access Bankjoy’s digital banking platform, including mobile and online banking.
Remitly set to acquire Israeli fintech Rewire for $80m
The transaction is expected to close in H2 2022 subject to regulatory approvals.
Sally’s ponytail
If you mean well, do well. Let your actions speak to your motives.
Fintech start-up Arc lands $20m in Series A funding
Arc will use the funding to accelerate its growth and expand the availability of its treasury and software products.
Banks, broccoli and the peril of going out of date
Like broccoli, a bank can go out of date before anybody realises.
Former Wells Fargo, BoA private bankers launch wealth management firm Fidelis Capital
The firm brings together financial specialists with more than 200 years of collective experience.
Paytech Nium appoints Ramana Satyavarapu as new CTO
In his new role, Satyavarapu will be responsible for managing Nium’s global engineering and technology strategy.
BitGo to seek damages of $100m after Galaxy Digital terminates $1.2bn acquisition deal
The merger announcement was initially made in May 2021.
New legislative regulations are a cybersecurity game-changer for the FS industry
The SEC has proposed new cybersecurity regulations that will impact FS businesses.
New debit card fintech Seltz gears up for launch in the US
There are currently over 1,300 sign-ups for the debit card’s waitlist.
Founderpath bags $145m to fund bootstrapped SaaS ventures
Founder Nathan Latka says the firm has deployed over $50m in capital over the last 12 months.
