Arival Bank lands banking licence in Puerto Rico
Arival plans to provide services to international software firms and underbanked businesses.
Retail Banking
HSBC launches new BaaS offering with NetSuite
Major bank plans more BaaS services, including a new digital wallet.
N26 raises $900m in new funding to reach $9bn valuation
German neobank’s value eclipses the market capitalisation of Germany’s second-largest bank.
What the FinTech? | S.2 Episode 20 | Let’s get digital
Dreams CEO and founder, Henrik Rosvall, joins us for this latest episode of our What the Fintech? podcast.
Worker’s Credit Union picks Fusion Phoenix for new core system
The Massachusetts-based firm is also taking a handful of ancillary Finastra systems.
ICYMI funding round-up: Rize, Sparkle, Rupifi, PaySika & more
Another batch of funding rounds you may have missed this week in fintech.
Green Dot picks Temenos Banking Cloud to digitise partner accounts
Prepaid debit card firm plans to roll new system out across multiple channels.
Sibos 2021: Major payments bodies join forces for new cross-border project
The Immediate Cross-Border Payments project also involves 11 financial institutions.
Sibos 2021: ISO 20022 “isn’t the solution to all your problems”, says panel
Payments panel at industry conference cautions sector about incoming standard.
JIC Bank picks Technisys to power core banking
Puerto Rican lender aims to serve retail and commercial customers with new system.
US de novo commercial bank Genesis goes live in California
The new bank is focused on serving commercial clients in CA counties.
New US fintech Monai to gamify savings for Millennials and Gen Z
New fintech plans to use time spent mobile gaming to help users reduce debt.
OracleFS exec questions staying power of new cloud-focused competition
Conor Colleary says banks must ask if their partner can embrace new changes.
Monzo withdraws US licence application after two years of negotiation
UK challenger bank to refocus its business after aborted US entry.
ICYMI funding round-up: Yellow Card, QisstPay, Vyne, Tomorrow & more
Plenty of funding rounds in the double digits in this week’s ICYMI roundup.
JP Morgan’s new UK bank Chase picks 10x for core banking operations
10x Future Technologies is a “foundational partner” for the new digital bank.
New FinTech Futures Report: Mortgages – the final digital frontier
We’ve launched our latest report, including an in-depth industry survey.
The Banking Tech Awards are coming to the USA!
The nomination deadline is 18 February 2022 with the winners announced in June.
Thought Machine wins major core banking deal with JP Morgan Chase
UK-based core banking vendor continues US expansion.
A perfect storm: cash collection and the rise of digital payments
The cashless society has been anticipated for decades, with the pandemic now accelerating its arrival.
What the Fintech? | S.2 Episode 18 | Are you being self served?
Diebold Nixdorf’s Matt Phillips joins us for this latest episode of our What the Fintech? podcast.
JP Morgan to launch UK digital bank Chase this week
The digital bank forms part of JP Morgan’s planned international consumer expansion.
ICYMI funding round-up: TomoCredit, Lightyear, X-Margin, Coinfirm & more
More funding deals you may have missed during a busy week of news.
Shortlist announced for Banking Tech Awards 2021
Congratulations to all of this year’s finalists.
First Horizon Bank partners Wipro to support VirtualBank cloud migration
Wipro says it worked with six other companies to streamline VirtualBank’s cloud migration.
Morgan Stanley poaches UBS managing director Gerson
Gerson joins after two and a half years at the Swiss investment bank.
Arvest Bank picks Thought Machine’s Vault as new core banking system
Arkansas-based bank selects Vault to revamp digital banking offerings.
Live Oak Bank switches retail and commercial accounts to Finxact core
North Carolina bank ticks off penultimate stage of ongoing transformation.
Report: “Fintech vs Fintech”? The rise of digitalisation in banking
FinTech Futures launches its latest report looking into the changing nature of digital technologies in our industry.
Thought Machine to hit unicorn status with £150m funding round
Core banking vendor expecting mammoth capital raise this month.
ICYMI funding round-up: SurePay, Capitalise, FV Bank & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Bank of the Bahamas goes live with Newgen Software
Caribbean bank deploys new software to revamp end-to-end loan process.
Fintech funding deals globally 23 August – 29 August 2021
Featuring OPay, Ramp, Zepz, Ekuaibao and Cora.
What the Fintech? | S.2 Episode 16 | Waking up on the right side of embedded
Louisa Murray, COO for UK and Europe at Railsbank, joins us on this latest episode of the podcast.
Christian Financial Credit Union picks NCR tech for digital banking revamp
Michigan credit union praises NCR for “seamless integration”.
Dear Luc: Should I use influencers to target Gen Z?
This week someone asks: we’re targeting Gen Z, how can we utilise our spend on marketing and influencers?
Brex acquires Israeli start-up Weav in $50m deal
US fintech will aim to leverage Weav’s API technology.
ICYMI funding round-up: Sarwa, Salad, Grip, Keebo & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Social finance app Frich launches in the US
NYC-based Frich offers a savings wallet and no-fee overdraft for Gen Z users.
Reserve Trust raises $30.5m in Series A, appoints new CEO
B2B payments firm says it can provide a service to cut out correspondent banking middlemen.
