Payments infrastructure provider Paddle snaps up ProfitWell for $200m
Paddle will integrate ProfitWell’s financial metrics, as well as its pricing and retention software.
Partnerships
Two US banks tap fintech Chimney to boost customer engagement
New York-based Chimney’s financial calculators help customers make “smarter” financial decisions.
Canadian Tire Bank taps Temenos for digital-first core banking upgrade
Canadian Tire Bank is looking to replace its legacy systems and modernise its operations.
Temenos Community Forum 2022: Everyone’s banking platform will be composable
Temenos Community Forum 2022 was held at the ExCel in London last week.
Finance super-app M1 deploys Thought Machine’s Vault Core
M1 will deploy Thought Machine’s Vault Core to launch products from one unified, coherent “source of truth”.
Allegacy FCU taps enterprise tech provider NCR for data analytics solution
Allegacy FCU says partnership will “make data actionable, unlock predictive insights and drive innovation”.
Agri lender SunStream taps Fiserv for lending operations modernisation
The Minnesota-based lender will move to Fiserv to meet the complex loan servicing needs of its shareholders.
US fintech Current launches platform API with Plaid as first partner
Current’s platform API enables fintechs to build embedded financial services solutions quickly and easily.
Mastercard partners Dreams for sustainable banking solutions
The two firms aim to develop digital banking solutions that will help banks tackle climate change.
Hawaii State FCU taps Lumin Digital to enhance banking services
Hawaii State FCU will go live on Lumin Digital’s platform in June 2022.
US Bank partners fintech LiquidX to speed up supply chain transactions
The collaboration seeks to address supply chain financing friction and cashflow challenges.
Ohio’s KeyBank acquires Philly fintech firm GradFin
Founded in 2015, GradFin offers advisory solutions for people wanting assistance with their student loan debt.
ConnectOne Bank partners Nymbus to offer digital business banking
ConnectOne plans to launch the new digital business banking vertical by the end of the year.
FinTech Futures: Top five stories of the week – 6 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI funding round-up: Estateguru, SaaScada, tell.money, Cheq, GMEX & Bluezone
A handy round-up of the recent funding endeavours of fintech companies across the globe.
First United Bank & Trust taps Finotta for personalised mobile banking
First United says the partnership will support its “vision to elevate 10 million lives by the year 2030”.
Co-branded credit card platform Concerto launches with $21m funding
The early-stage round was led by Matrix Partners and saw participation from PayPal Ventures.
US fintech Bond teams up with Evolve Bank & Trust for BaaS offering
The partnership will offer new debit and credit card capabilities for businesses and consumers.
Alkami tapped by ORNL Federal Credit Union for digital banking upgrade
The Alkami Platform will power ORNL FCU’s growing digital offering, with new services set to be rolled out.
MSU Federal Credit Union taps Nymbus to launch new digital brand for alumni
New digital brand AlumniFi is targeted at Michigan-based alumni.
Video: ING at Finovate Europe 2022 – the future of digital transformation for banks
FinTech Futures chats with ING’s Olivier Guillaumond about digital transformation in banking.
Artificial intelligence: a winning strategy for payments
AI offers a winning strategy in the race to reduce fraud and continue improving payment flows.
Microsoft teams up with Finastra to offer SME lending through Dynamics 365
Microsoft says the partnership will drive value for SMEs, “the backbone of job creation in the world’s economy”.
Lea County State Bank taps Jack Henry for digital transformation
Jack Henry says its digital solutions will allow the firm to compete with large banks and fintechs.
Form3 partners Goldman Sachs TxB to launch FX solution
Form3 CEO says the partnership with Goldman Sachs TxB forms part of the company’s growth strategy.
Bolt to acquire crypto API provider Wyre in push to “democratise commerce”
Bolt will integrate Wyre’s crypto stack, giving developers blockchain protocols to build financial products.
FinTech Futures: Top five stories of the week – 8 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
US digital challenger Battle Bank taps Temenos for cloud banking solution
Temenos’ platform will support Battle Bank’s foreign currency, market index and precious metals products.
Credit fintech Liquidity lands $775m to fuel growth
Apollo partner Joshua Black will also join Liquidity’s board of directors.
Langley FCU taps Diebold Nixdorf for ATM-as-a-Service offering
Langley FCU will replace its entire ATM fleet with new DN Series devices.
RBC set to acquire UK wealth management firm Brewin Dolphin in £1.6bn deal
The deal is subject to shareholder and regulatory approval and is expected to be completed by Q3 2022.
FinTech Futures: Top five stories of the week – 1 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Apollo Fintech taps ThetaRay for Sonar AML monitoring tech
Apollo Fintech will deploy Sonar on its new bank-to-bank payments service Knox Wire.
Medius snaps up US-based invoice payments specialist OnPay
The deal will see Medius open a new corporate office in Q2 2022 in Jacksonville, Florida.
The systemic risks and vast opportunities in fintech
We speak with Megan Long, senior consultant at Deloitte, about the vulnerabilities, risks and innovations in the fintech ecosystem.
Mizuho partners Google Cloud to power digital transformation
MFG says it is working with Google Cloud to deliver on the evolving needs of its customers.
Banking app Dave partners FTX US to explore crypto payments
The partnership will see FTX Ventures, the venture fund arm of FTX Trading, invest $100 million in Dave.
Bank of Canada and MIT kick off central bank digital currency research project
The one-year initiative will form part of the central bank’s research into digital currencies and fintech.
Texas National Bank turns to Data Center Inc for new digital bank for bankers
The new bank, branded as Bankers Lender, is due for launch in April.
Zeta partners Mastercard to shake up credit card issuance
The payments giant has also invested $30 million, alongside other investors, into Zeta.
