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.
Europe
Swiss crypto institution SEBA Bank granted collective investment scheme licence
The granting of the CISA licence to a digital asset-focused bank is the first in Switzerland.
BNY Mellon invests in data firm Quantexa Technology
Two BNY execs join the Quantexa board as US bank joins Series D.
Spanish challenger Bankse plans raft of features to win over customers
New bank to provide trading, credit, crypto, wage payment and more.
Bahrain’s Bank ABC taps Fenergo for client management solution
Bank ABC operates across the Middle East, North Africa, Europe, the Americas and Asia.
Coventry Building Society seeks first chief data officer
The savings and mortgage lender has more than 2,700 employees and 1.8 million members.
Nationwide searches for new chief executive as Garner steps down
The building society is looking internally for new candidates.
PrimaryBid names City veteran Donald Brydon as first chair
Brydon will step down as chairman of financial software company Sage on 30 September.
Marcus chairman Harit Talwar set to retire in October
Talwar leaves his role after six years and the launch of his consumer project.
Exclusive: Santander’s PagoNxt to discontinue PagoFX app to refocus on trade services
Users will no longer be able to use the service to send payments after 30 November.
Prodigy Finance lands $750m funding to expand into new markets
New funds will allow Prodigy to assist students from previously excluded countries.
Western Union taps Salt Edge for European digital bank pilot
Salt Edge’s software will ensure the firm’s upcoming digital banking pilot is PSD2 compliant.
Temenos, Vodeno and Aion partner to push European BaaS adoption
‘Strategic alliance’ will enable firms to integrate financial services into their products.
Barclays hires payments veteran Antony Stephen to boost BNPL solution
Stephen joins from Amazon and will work on scaling Barclays’ BNPL platform.
Paytech Recharge eyes global expansion after $35m investment
The Series B round culminated in one of the largest investments into a Dutch startup in 2021.
How Northern Ireland is helping to build a cyber-secure future
Northern Ireland has nurtured a small cluster of native businesses into a global centre of cybersecurity excellence.
Open Banking Expo reunites Open Banking and Open Finance ecosystem after 18 months apart
A global community of Open Banking and Open Finance executives will come together on 4 November in London.
MarketFinance lands £280m and COVID recovery approval
Business fintech MarketFinance says it is ready to support UK pandemic recovery efforts.
Deutsche Bank boosts online payments with Better Payment acquisition
Deutsche Bank’s acquisition will expand its product range and market share in online payments in Germany.
SME bank Recognise given green light by UK regulator
The new bank can now start offering personal savings accounts and business loans.
Thought Machine wins major core banking deal with JP Morgan Chase
UK-based core banking vendor continues US expansion.
Monese moves into digital banking with Investec
The new partnership will see the international bank begin to offer digital banking services to UK customers.
UK community lender Barrow & District Credit Union goes bust
Local savings provider with 1,200 members falls into administration.
London gains new unicorn as TrueLayer raises $130m in Series E round
Open banking payments firm raises largest round yet from Tiger Global Management and Stripe.
CaixaBank extends IBM partnership to underpin new CloudNow service
Spanish banking giant ready to deploy new hybrid cloud platform.
TSB lines up Scottish Widows’ Prettlejohn for chairman role
TSB seeks a new chair as its Sabadell departure remains up in the air.
MODIFI tops €100m valuation with €20m Series B funding
Start-up plans to grow its trade finance platform into a global trade management hub.
Regtech start-up PassFort lands $16.2m Series A funding round
PassFort intends to use the money to expand internationally.
Exclusive: Nigeria’s Zenith Bank picks Oracle for worldwide tech overhaul
The lender is replacing existing Finastra systems with Oracle across multiple countries.
DF Capital launches digital savings platform powered by Mambu and ieDigital
Specialist lender hopes to automate processes and improve customer accessibility.
Flutterwave partners with Currencycloud to boost global expansion plans
Flutterwave has integrated Currencycloud’s API to expand its payments network.
Cloud payroll fintech dopay raises $18m in Series A round
New raise will go towards product expansion in its sole Egyptian market.
JP Morgan to launch UK digital bank Chase this week
The digital bank forms part of JP Morgan’s planned international consumer expansion.
Paytech Form3 secures $160m Series C round led by Goldman Sachs
London-based payment technology provider plots US expansion.
PayTech Awards 2021 Winner: Surepay – Editor’s Choice
Evolution of confirmation of payee (CoP).
Swedish payments platform Billogram lands $45m investment
The recurring billing platform provider will seek to move into six new countries.
White paper: The eIDAS primer
Exploring electronic IDs and how they help EU citizens conduct business with government agencies.
Exclusive: Inside the merger of DueDil and Artesian Solutions
FinTech Futures sits down with the CEOs of DueDil and Artesian to talk about their merger.
SDX receives FINMA approval to launch Swiss digital asset trading platform
The authorisation will enable SDX to go live with a fully regulated offering.
CBI turns to Nexi and SIA for Italian payments architecture project
Cloud-based solution to expand digital transaction banking services.
