Typing authentication – the future of compliance
Cristian Tamas, TypingDNA’s co-founder and CMO, explains why he thinks the firm landed a PayTech Award.
Financial Services/Finserv
Accusoft releases new software development kit for PDF functionality
ImageGear PDF enables developers to add a variety of PDF functionalities into an application.
US financial literacy app Jassby plans virtual debit card for kids
The Massachusetts-based fintech wants to help parents teach their children about finance.
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.
TradingView makes UK switch as COVID-19 boosts global users
TradingView has landed six funding rounds totalling $40.8 million.
FinTech Futures Jobs: tips on landing for a job in a fintech start-up
Interested in working in fintech but unsure about the kind of skills you need? FinTech Futures Jobs is here to help.
US challenger Bella plans launch around conversational banking
Bella offers a range of consumer-friendly options, including gifts and randomised cashback.
Engage, empower and advance: Black voices in venture capital
Co-founder of BLCK VC and Storm Ventures associate, Frederik Groce, is on a mission.
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.
Video: Top fintech stories this week – 23 October 2020
FinTech Futures’ weekly news round-up.
FCA and PRA fine Goldman Sachs £96.6m for 1MDB scandal
The investigation found that GSI breached a number of FCA and PRA principles and rules.
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.
FinTech Futures Jobs: six skills that can get you hired in fintech
The global market is predicted to grow at a rate of 25% annually – plenty of opportunities for job seekers!
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.
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.
TreeCard raises $1m from Ecosia ahead of 2021 launch
TreeCard, set to launch next year, is made of sustainable cherry tree wood.
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.
Future economic relief should care for more families
Deserving families have continued to be unfairly excluded from government relief throughout the COVID-19 crisis.
TCO Report: on-premise storage vs public cloud storage
The guide to economic advantages of on-premises object storage vs public cloud for enterprise data storage.
Video: Top fintech stories this week – 16 October 2020
FinTech Futures’ weekly news round-up.
Canadian robo-advisor Wealthsimple lands unicorn status with $87m raise
Wealthsimple serves some 1.5 million users.
Morgan Stanley fined $60m for improper disposal of personal data
The OCC found examples in 2016 and 2019 of failure to oversee third party companies.
