Banking Technology February 2020 issue out now
Top dogs: The challenger bank success stories of 2019.
Asia
Telenor Microfinance Bank selects Temenos T24 as new core banking system
Pakistani institution uses NDC as implementation partner.
Bank-backed blockchain trade platform Contour launches in Singapore
Contour is built on R3’s Corda platform.
Pine Labs becomes Indian unicorn after Mastercard investment
Pine Labs valued at $1.5 billion after latest financing.
Catalyst Fund raises $15m from JP Morgan and UK Aid for emerging market fintechs
Thirty fintech start-ups from South Africa, Kenya, Nigeria, India and Mexico will get funding.
Turkey’s Halkbank could pay $1bn in fines for court absence
The bank is facing criminal charges for helping Iran evade US economic sanctions.
GetVantage debuts with India’s first revenue-based financing platform
The alternate funding model is gaining significant traction in foreign markets.
ICICI Bank launches portal with around 250 APIs for fintech devs
The bank offers four times the amount of APIs launched by Yes Bank last year.
EXCLUSIVE: Meezan Bank undergoes digital revamp with Oracle
One of Pakistan’s largest Islamic banks to implement Oracle’s Banking Digital Experience.
PayU nabs controlling stake in PaySense, plans merger with LazyPay
PayU splashes $185 million on new acquisition.
Indian challenger founded by Google Pay execs raises $13.2m
Former Google Pay execs aim to tap into India’s millennial market.
How telco VEON is tapping mobile payments in South and Central Asia
The telco’s off-shoot financial services are fast becoming serious revenue streams.
Texan fintech HighRadius raises $125m and hits unicorn status
Customers include Nike, Burger King and Sony.
Finovate: fraud prevention, cybersecurity and regtech
The eMagazine features unique insights from the FinovateAsia and Middle East shows.
Findexable report: London bests other European fintech hubs despite Brexit
San Francisco secured the top spot – up from eleventh place last year.
Start-up Saga launches stabilised SGA token with major bank and exchange advisors
JP Morgan Chase’s chairman and former deputy attorney-general of Israel are on the board.
The 20th Banking Technology Awards winners have been announced
It was a brilliant celebration of excellence and innovation in the banking industry.
Video: Top fintech stories this week – 06 December 2019
FinTech Future’s weekly news round-up.
Unpacking Europe’s 2019’s major tech milestones with NIIT
FinTech Futures breaks down this year’s trends with Gautam Samanta at NIIT.
Turkish banks and FIs sign majority stake in JCR Eurasia
Turkey seems to be establishing a national credit rating agency.
Paytm raises $1bn in fresh round of funding
Indian payments giant aims to battle the bigtechs
Crypto compliance start-up TRM Labs raises $4.2m with help of PayPal
Backers include Reddit’s founder and PayPal Ventures.
Askari Bank selects Finastra to boost trade finance operations
Pakistan-based bank selects Fusion Trade Innovation.
Amica emerges as latest challenger in Indian banking market
The neobank remains in stealth mode for the time being.
BRICS nations aiming for common payment system
Russian official says the association is looking to reduce reliance on USD.
India’s NSE announces API sandbox for fintechs around the world
The sandbox was launched at Singapore FinTech Festival 2019.
Yes Bank launches India’s biggest API sandbox
Private lender says ‘yes’ to fintech developer collaboration.
Ecommerce insurtech Cover Genius raises $10m in Series B round
The round will fuel further growth into the UK, the US and Asia.
Video: Top fintech stories this week – 08 November 2019
FinTech Future’s weekly news round-up.
India’s Reserve Bank welcomes retail paytechs to new regulatory sandbox
The bank hopes to “spur innovation in [the] digital payments space”.
Appway: Firms must seize “opportunity of disloyalty”
Wealth management is a traditionally “sticky” industry.
India’s Yes Bank gets $1.2bn takeover offer from unnamed tech investor
Stocks soared as high as 39% following the announcement.
Instabase raises $105m sent to unicorn status
The bank app has raised $132 million since it began in 2015.
Islamic challenger bank insha launches in Germany
New entrant wants to place the daily life of a Muslim at the centre of its offering.
Video: Top fintech stories this week – 18 October 2019
FinTech Future’s weekly news round-up.
India’s fintech Paytm in talks with T Rowe Price for $1 billion funding round
Existing investors SoftBank and Ant Financial are also expected to participate.
Video: Top fintech stories this week – 11 October 2019
FinTech Future’s weekly news round-up.
Pakistan’s JS Bank first in country to launch ‘chat banking’ on WhatsApp
The service is free to use with no registration process.
Swift to expand its gpi into securities and FX transactions
Swift predicts the world too will take this holistic approach to gpi.
Standard Chartered Bank tackles reporting restrictions with BearingPoint
The new solution covers more than 130 jurisdictions.
