EBA charges European Commission with cross-border services mission
A new report calls on the EC to help to smooth challenges facing cross-border business.
Europe
Crypto bundler Revix targets female investors, aims to make digital assets “responsible”
Revix will be sponsoring entrepreneur platform Future Females.
SME lender Lidya aims for top spot in Nigeria, next stop Eastern Europe
Lidya expanded to Central Eastern Europe (CEE) earlier this month.
Elavon and Santander help Poppy Appeal in ‘largest cashless charity campaign in Europe’
The fintech is deploying 1,100 cashless terminals across the UK.
UK fintech Koyo raises £3.8m to aid wiped credit histories
The fintech helps migrants or people who’ve never taken credit or been the main bill payer.
Norwegian challenger Bulder Bank launched by Sparebanken Vest
Bulder Bank plans to expand from mortgages in the near future.
Modulr plans £20m investment in Scottish development hub
The business payments firm wants to boost Scottish fintech.
Accessible and international SME banking
Options available to SMEs vary dramatically yet rarely fit the bill.
Swiss lender Tallyon targets wealthy with crypto founder, applies for banking licence
Lender says it will use new technology to avoid “legacy burdens”.
Starling Bank launches dual currency debit card with pounds and euros
The card will go live alongside its business euro account launch.
Nationwide invests in UK energy bill saver Switchd
Switchd considers the energy market outside the six big players too.
Banca Monte Paschi Belgio rebrands as new digital bank Aion
Warburg Pincus to rebrand new acquisition four months after regulatory approval.
Head above the clouds with Deepak Gupta
“Every mid-sized and large bank knows they have to offer RTP.”
Cryptocurrencies and the critical vulnerability of a 51% attack
The processes, the vulnerabilities, and the dangers broken down.
UCL graduate fintech TurinTech.ai raises £1m led by IQ Capital
The firm is now a resident at London’s Microsoft Reactor.
UK Treasury Committee: Regulators must punish banks for IT failures
UK regulators “must have teeth and be seen to have teeth”.
Payment fraud in sights of UK cybersecurity force
The NCSC claims Operation Haulster is helping banks proactively prevent fraud.
Nordea writes off millions in IT impairment charges
The bank has racked up a €1.3 billion bill for one-off items.
Being black in the financial services industry
“Bank accounts were just not something you could attain with black skin”.
SoftBank injects $655m into Greensill to support tech acquisition
The supply chain finance firm has raised $1.7bn in just 14 months.
Spanish fintech PecunPay chooses IBM to implement Red Hat platform
The start-up is trying to keep up with ever-changing mobile apps.
570easi launches French Islamic banking challenger SOeasi
570easi now holds a customer base of more than 90,000.
TSB COO: “Whole host of things” need to be fixed
Bank executive spoke candidly at a company event.
TransUnion appoints ex-KCOM exec Mike Davies as COO in UK
Davies grew KCOM’s business value from £50m to more than £500m.
How to provide customers from China with a habitual and convenient service
An official account is the first step for a company towards the Chinese audience.
Polish tech Comarch helps FIs transition to AI without the risk
The software provider will run the solution on the cloud.
Helping ecommerce businesses accept local payments worldwide
Cardpay’s CEO discusses trends and how ecommerce businesses can expand overseas.
European Commission urged to clamp down on money laundering
A new document is ready to put new AML controls in place.
eBook: Five AI solutions every wealth manager needs
Download the DataRobot eBook today!
Video: Top fintech stories this week – 25 October 2019
FinTech Future’s weekly news round-up.
Moving from on-premise to destination to distributed platforms and networks
Most efforts to digitise global trade finance have been unsuccessful.
Temenos picked by Danish challenger Lunar to fight financial crime
Temenos says it was chosen to “address stringent regulatory demands”.
Irish credit unions finally take on banks with new current account offering
The country has long-awaited the sea change.
Société Générale to offload SG Finans leasing business
French banking group puts Nordic wing up for sale.
P2P lender Funding Score sinks into administration
Investors nervous as recovery firm takes control.
ING validates transactions without compromising data in “blockchain breakthrough”
Transactions on Corda can now be proofed with complete privacy.
The birth of life stage banking
Finally customers will get help in managing their lifestyle or life stages.
A bird’s eye view of cloud and the payments industry
The sky is the limit for cloud and Volante.
Natwest, Nationwide and RBS pull banking apps from Google Play for Samsung S10 users
The S10’s fingerprint feature glitch means it can be unlocked by anyone.
Starling Bank secures £30m with user milestone on horizon
Challenger expects to cross the threshold within a few weeks.
