Cybercrime in financial services: Work together to win the war
We need is a smart, flexible way of working together anticipate and respond to threats.
Europe
A culture of innovation
Morgan Stanley is making waves with three wins at the Banking Tech Awards 2019.
BIS fintech report: More harmonised standards and less TPP reliance
BIS has published a cross-country review on the fintech regulatory landscape.
OakNorth to deploy lending platform for Dutch lender Oimio
Newly-launched firm aims to help SMEs with loans of €1-10 million.
Lloyd’s of London hires new chief digital officer
Louise Smith joins from RBS.
Philip Hammond joins OakNorth advisory board
Conservative grandee Francis Maude will also be joining its advisory board.
GoCardless CFO: No deal Brexit could cost London’s trade status
UK should remain epicentre of
“In theory, the UK is so global it should remain the epicenter”, says CFO.
Flywire CEO talks payments platforms, consolidation and fragmentation
Fragmented payments industry may thwart firms’ platform plans.
How AI can address the global sanctions challenge
Banks shouldn’t delay exploring an AI-powered approach to their existing screening processes.
Banking Technology February 2020 issue out now
Top dogs: The challenger bank success stories of 2019.
Video: Top fintech stories this week – 31 January 2020
FinTech Futures’ weekly news round-up.
What Brexit Day means for the future of fintech
A collection of thoughts across the industry on what Brexit day means for them.
Klarna lands $200m from CBA for Australia launch
CBA will own half of Klarna’s Australian and New Zealand business.
How SalaryFits is connecting banks with the unbanked
FinTech Futures speaks to its CEO Délber Lage about its platform and future plans.
Griffin raises £3m to take aim at banks’ legacy tech
The start-up will offer a fully-regulated banking platform for fintechs.
Cybertonica raises £2 million Series A
The funding will be used to extend its product in behavioural analytics ScreenWiZe 2.0.
Industry undecided on UK’s fintech funding success
The industry is undecided over roughly $1 billion dollars.
EXCLUSIVE: Drugs, defecation, and graffiti at HMRC’s Manchester headquarters
Government body aims to clamp down on “reprehensible” behaviour.
The end of technology…
It’s time to drop the words “digital” and “tech”.
Why is digitised cash better than stablecoins?
Future work in digital identity may lead to additional features and functionality.
UK fintech Freetrade hit by claims of toxic workplace culture
Former staff said there was no HR person or office manager to voice concerns with.
Lloyds group to close 56 more UK branches this year
Staff numbers may be cut by “under 80” in affected branches.
Pleo rolls out credit cards and secures e-money licence
The start-up is switching up its purely prepaid card offering model.
Travelex puts money transfer systems online after cyberattack
A majority of the firm’s services remain down.
UK court orders Bitfinex to freeze $860,000 in bitcoin
Chainalysis traced the funds to a ransomware payment through Bitfinex’s platform.
Crédit Agricole acquires majority stake in aggregation fintech Linxo
French cooperative to own 85% of Linxo after deal.
UK challenger Monzo in talks with SoftBank for £100m fundraising
Monzo’s co-founder met up with the Japanese investor in Mayfair this month.
Barclays invests in digital receipts start-up Flux
Barclays already uses Flux’s technology on its beta programme Launchpad.
FCA calls UK’s current overdraft market “dysfunctional”
The regulator is asking banks to explain their 39.99% rates.
Bank-backed blockchain trade platform Contour launches in Singapore
Contour is built on R3’s Corda platform.
UK’s PSR seeks input on New Payments Architecture competition issues
Regulator calls for comment ahead of 2021 launch.
The future of trade finance
We speak to Mastercard, NatWest and Marco Polo senior executives about their partnership.
Tally launches 2.0 version of UK Faster Payments-linked app
Tally is not a cryptocurrency, because it’s linked to a tangible asset.
Nucleus Commercial Finance gains £25m funding line from Paragon Bank
SME lender plans to boost support for customers.
Viva Wallet buys Greece’s first digital challenger Praxia Bank
Praxia was on the verge of being dissolved last month.
Rise of the machines: AI and machine learning in financial services
FinTech Futures launches its first industry report for 2020. Download it today!
How Canadian start-up Cinchy is transforming data for banks
Exclusive interview with Cinchy’s CEO. “Think of it as the end of fragmentation.”
Goldman won’t take companies public without at least one “diverse” board member
GS itself has four women on its board of directors, out of 11 total members.
The rise of investment apps
There’s an appetite to save and invest despite low interest rates across Europe, Australia and the US.
Fintech’s diversity performance last year and predictions for 2020
A digital approach to inclusion training can help fintechs with smaller budgets.
