Raiffeisen Centrobank partners Marqeta for digital banking products
Customers will be able to access accounts via a mobile app, make contactless payments and track spending.
Europe
UK lender Fluro hires new CTO and data science head
Fluro’s new CTO Jason de Carvalho joins from online supermarket Ocado.
Diebold Nixdorf partners Featurespace for real-time fraud prevention tech
Diebold Nixdorf will integrate Featurespace’s ARIC Risk Hub into its Vynamic Payments platform.
NatWest adds three new payment providers to VRP roster
Token, Tink and Yapily will now be able to offer VRP as a new payment option.
Pay.UK exec Simon Lyons joins obconnect as chief strategy officer
Simon Lyons has left Pay.UK to join open banking company obconnect as its CSO.
Atom Bank appoints new CFO, Andrew Marshall
Marshall replaces previous CFO and co-founder David McCarthy, who is leaving the firm for personal reasons.
New decentralised paytech Clowd9 launches to “transform” global payments system
Clowd9’s investor base includes former partners at Goldman Sachs, Morgan Stanley and JP Morgan.
German challenger N26 partners Bitpanda to offer crypto trading services
The partnership will enable N26 customers to buy and sell almost 200 cryptocurrencies.
UBS strengthens cloud partnership with Microsoft
The bank intends to host more than 50% of its applications on Microsoft Azure.
NatWest and Vodeno Group partner up to start BaaS business
The partnership will leverage Vodeno’s BaaS technology and NatWest’s banking technology and UK banking licenses.
Lloyds Bank partners Billhop for B2B payments
The bank’s corporate clients will now be able to pay any invoice using a Lloyds Commercial Card.
Santander partners VC firm Forgepoint for new cybersecurity investment company
The bank is expecting to invest up to €300m in the strategic partnership.
Capital on Tap secures £100m credit facility to support SMEs
The facility will be used to build out a central finance hub for small business owners in the UK and US.
Crowdz to integrate open banking-powered payments with GoCardless partnership
Crowdz will implement three GoCardless open banking-powered payment features across four markets.
QUBE Events gathers world-leading payments & regtech experts in Cyprus
The 12th NextGen Payments & RegTech Forum is taking place on 2-3 November in Cyprus.
Temenos cuts 2022 guidance, CRO leaves after just seven months
CRO Erich Gerber, who only joined the company in March, has left the business “effective immediately”.
Gatehouse Bank handed £1.5m fine by FCA over “poor” AML checks
Gatehouse Bank agreed to settle early, which led to a 30% reduction to the original penalty of £2.2 million.
Digital challenger Bunq wins “landmark” case against Dutch Central Bank
The firm took the DNB to court earlier this year over the use of AI/ML technology for AML checks.
Funding Circle names Greig McEwan as new CTO
McEwan most recently served as CTO at European freight-forwarding firm Sennder.
Cleo names Anita Woods as new VP of product
In her new role, Woods will be responsible for leading Cleo’s product strategy.
B4B Payments at Money20/20 USA: globalising US fintechs for European issuing and payment expansion
B4B Payments will showcase its instant card issuing and payments innovation platform at Money20/20 USA.
Tink and Snoop team up to help UK customers navigate cost-of-living crisis
“This partnership is designed to help everyone get on top of their finances,” the two firms say.
Deutsche Bank partners Fiserv to launch SME payments and banking solution Vert
Vert is a payment acceptance and banking services solution for SMEs.
Crypto-powered banking platform BVNK secures Spanish digital asset registration
BVNK is looking to expand across the European Union and beyond.
Europe fintech funding round-up: Payable, Axyon AI, Cube and HeidiPay
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Orange Bank takes sanctions screening real-time with SAS and Neterium
The AML-CTF platform powered by SAS and Neterium is “a game-changer”, says Orange Bank’s deputy CEO.
Digital receipts start-up Flux closing down
Flux says that from 14 October, they “will no longer be able to receive digital receipts or cashback offers”.
UK fintech GoHenry lands $55m in fresh funding round
Existing investors Edison Partners and Revaia took part with Italian paytech Nexi joining in as a new investor.
Risk management fintech Kantox sold to BNP Paribas
The sale builds on a strategic partnership between Kantox and BNP Paribas inked in 2019.
La Banque Postale automates regulatory reporting with Regnology
Abacus360 Banking will become the bank’s single platform for the European and French reporting regimes.
Bank North sells lending business to LHV UK as it winds down operations
LHV UK’s parent, Estonian banking group LHV, is also an investor in Bank North.
MarketFinance nets £30m credit facility from Israeli investment group Viola
Viola had previously invested £75 million in the company to support its entry into the business loans segment.
OakNorth Bank buys 50% stake in specialist lender ASK Partners
Both firms say the transaction will enable them to continue providing “holistic” funding solutions to customers.
Santander UK launches in-app service to help customers manage their home
The new service allows users to view home value estimates, mortgage balance, EPC ratings and make home repairs.
SurePay selected by Railsr as confirmation of payee vendor
Railsr has selected SurePay as its UK Faster Payments (UKFP) confirmation of payee (CoP) vendor.
BNP Paribas to provide £200m financing to UK consumer lender Fluro
Fluro is a new name and brand for embedded lender Lending Works.
Family-focused financial wellness app Fr33m3n gears up for launch
The app will offer financial literacy programmes such as lectures, tutorials, podcasts and webinars.
The fourth edition of the Fintech Talents Festival to take place in November
Join the UK’s largest and most impactful UK fintech festival next month and hear from 400+ speakers.
Payment Systems Regulator outlines card-acquiring market remedies
Focusing on 14 providers will ensure “around 95% of transactions for the merchants our remedies will protect will be regulated”.
European fintech start-up Rauva appoints new CTO
Maxence Cornet was previously CTO and co-founder of Vybe, a French challenger that closed earlier this year.
