Rêv acquires Global Payments’ card business Netspend in $1bn deal
The new combined entity intends to deliver “financial empowerment and product innovation”.
Partnerships
Ohio’s KeyBank taps Quavo for dispute management platform
KeyBank will deploy Quavo’s QFD solution to automate its fraud and dispute processes.
Treasure Financial and Grasshopper Bank team up to improve financial visibility for businesses
The new platform will allow businesses to optimise the rate they’re generating on their cash balances.
Rabobank selects US fintech InvestCloud for financial planning tools
Goal-based financial planning features will be made available to Rabobank’s customers.
Arvest Bank teams up with Google Cloud to boost digital transformation
Arvest says it plans on overhauling its current IT systems, including migrating its data centres to Google Cloud.
BNP Paribas partners fintechs to develop digital asset custody offering
The new combined solution will allow clients to issue, transfer and securely keep regulated digital assets.
Credit union tech provider Mahalo Banking raises $20m
Mahalo Banking provides online and mobile banking solutions for credit unions.
EXL, Corridor Platforms and Oliver Wyman partner up for new risk decisioning product
The solution leverages analytics, AI and cloud to deliver “instant” credit decisions to support digital lending.
How to deliver effective transformation with fintechs
Banks are increasingly interested in partnering with B2B fintechs to enable quicker digital transformation.
Mexico’s NanoPay selects BPC to boost its anti-fraud protection
BPC’s SmartVista solution will enable NanoPay to better protect its credit card customers.
Finastra and HSBC partner up to deliver BaaS FX offering
The firms say the move will enable banks to embed FX services “directly” into corporate and branch channels.
FinTech Futures: Top five stories of the week – 15 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Remittance start-up SendSprint launches in UK in partnership with Flutterwave
Flutterwave will provide the infrastructure to enable SendSprint to process cross-border transactions.
Banking Technology Magazine July / August 2022 issue out now
Cover story: MAKING THE DREAM WORK – Helping Ukraine in a planet-friendly way.
Neobank Kinly taps open finance fintech MX for data aggregation solutions
Kinly says it will leverage clean data and personalised financial alerts from MX to help Black American communities.
US banking start-up BetaBank taps Finxact for cloud-native core
Chicago-based BetaBank submitted its banking charter application in April this year.
Mambu partners Visa for end-to-end card issuing and processing
The company is developing an integration with Visa DPS.
Why central banks need to engage the private sector on CBDCs
Companies can help policymakers evaluate technology choices and design incentives to foster innovation and competition.
FinTech Futures: Top five stories of the week – 8 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Linkbancorp taps Jack Henry for digital banking and lending upgrade
Linkbancorp will look to utilise Jack Henry’s Banno Digital Platform and LoanVantage offerings.
Wyre partners MoneyGram to allow crypto-to-cash conversion
It’s hoped the integration will address a “major pain point for users” in the crypto ecosystem.
Revolut partners Stripe to accelerate global expansion
Stripe and Revolut will explore opportunities to “deepen” their collaboration.
Worldline completes acquisition of Eurobank’s merchant acquiring business in Greece
As part of a joint venture with Eurobank, Worldline will hold an 80% stake in the new company.
FinTech Futures: Top five stories of the week – 1 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Video: SmartStream at Money 20/20 Europe – Levelling the playing field
We chat with SmartStream about how the firm is helping financial institutions keep up with new tech developments.
Bain Capital taps Chekk for KYB and KYC solutions
Chekk says its SaaS solutions “remove the pain and costs” from interactions between companies and customers.
Fintech Unlimint to become Telegram’s official payment provider
The integration will allow Telegram users to purchase services and goods directly through the messenger.
Technisys integrates Cyberbank platform with Microsoft Cloud for Financial Services
The integration will give financial institutions the ability to scale and boost digital transformation efforts.
Citi partners METACO to develop digital asset custody capabilities
Citi will integrate METACO’s bank-grade digital asset custody and orchestration platform, Harmonize.
Blockchain paytech Roxe to go public via SPAC merger in $3.6bn deal
Roxe will merge with Goldenstone Acquisition and become a publicly traded company on Nasdaq.
KPMG and Microsoft partner to deliver cloud-based tax technologies
KPMG says its Digital Gateway platform, in collaboration with Microsoft, is “built with the C-suite in mind”.
Mode Eleven selects Finzly’s payment core for BaaS platform
Finzly says its tech will give Mode Eleven “full control over its payment processes”.
RBC partners Plaid to offer API-led connectivity with fintech services
The data access agreement will remove the need for credential sharing, enhancing security and privacy.
State of play: Money 20/20 Europe
Fintech analyst Philip Benton recaps key themes and trends at Money 20/20 Europe.
What the FinTech? | S.3 Episode 9 | Smart applications for AI and ML
We are joined by Jethro MacDonald, product manager, artificial intelligence and machine learning at SmartStream.
FinTech Futures: Top five stories of the week – 17 June 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Revolut teams up with Salesforce to help grow business
Revolut says it will make use of Salesforce technology to power Revolut Business operations.
Fintech Zytara partners deadmau5 to create branded banking solution
deadmau5 will join Zytara’s advisory board “to help enhance the creative direction for Zytara moving forward”.
ICYMI fintech funding round-up: CapIntel, Clausematch, Swoop & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
NatWest, Citi, Barclays trial Finteum intraday FX swap and repo platform
Given the rising interest rate environment, liquidity optimisation is a high priority, Finteum says.
