Spanish wealthtech Allfunds names two new senior executives
Paola Rengifo and Miguel Ángel Treceño are the latest additions to Allfunds’ leadership team.
Europe
NatWest enables bank-verified digital identities for Nordic structured finance business in partnership with OneID
NatWest will apply OneID’s bank-verified digital identity solution to its structured finance business in the Nordics.
Visa and Mastercard to extend inter-regional interchange fee caps in the EEA until 2029
The payments giants originally agreed to the caps to settle an EU antitrust investigation in 2019.
Banque de France partners HKMA to explore interoperability between wholesale CBDC infrastructures
The exploratory study will focus on “real-time cross-border and cross-currency payments”.
Kompasbank secures €175m guarantee from EIF to “take on riskier lending segments” in Denmark
The three guarantees contained in the deal are supported by the EU’s InvestEU programme.
Stephen Bowe named Paymentology’s new chief product officer
Rowe brings more than 15 years of experience in the banking and payments sector to the role.
How DORA is fortifying Europe’s financial future with a new take on operational resilience
With the DORA deadline fast approaching, FinTech Futures examines its expected impact on financial services.
ICYMI fintech funding round-up: Bling, CreditLogic, FreeBnk and Currensea
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Germany’s Mitgo Group to inject $20m into its new fintech division Capy
The $20 million “investment package” is to be spread over the “coming 3 years”.
Fintel snaps up Threesixty from Abrdn in £14.6m deal
Threesixty will remain an independent business, maintaining its own offerings and pricing in the market.
Barclays sells German consumer finance business to Austria’s BAWAG to refocus on “key businesses”
The sale is expected to release around €4 billion in RWAs for Barclays as it seeks business simplification.
Video: Highlights from the PayTech Awards 2024
Watch the highlights from an incredible afternoon celebrating the best and brightest in payments technology.
German fintech Vivid Money buys Pile’s treasury solution
Vivid Money is looking to expand its Vivid Business offering for SMEs launched at the start of the year.
Dutch payments firm MultiSafepay acquired by Ant International
Ant International will integrate the company with its payments and digitisation solutions unit Antom.
Dutch insurer Nationale-Nederlanden to launch digital payment accounts in 2025
The insurer says it’s currently “in the preparation phase” of launching the new offering for retail customers.
Leadership change at Phoebus Software as long-standing exec Paul Hunt steps down
Chief revenue officer Adam Oldfield has been promoted to the managing director role.
Erin Platts named new Octopus Ventures CEO, steps down from HSBC Innovation Banking UK
Platts most recently acted as CEO at HSBC Innovation Banking UK.
EPI launches digital wallet solution Wero in Germany
Customers of DSVG and DZ Bank in Germany will be among the first Wero users.
Video: ING at Money20/20 Europe – Riding the second wave of AI transformation
Bahadir Yilmaz, chief analytics officer at ING, discusses how the Dutch banking giant is executing its AI strategy.
Last chance to register for Banking Tech Insights on 11 July in London
Join us on 11 July for an exclusive half-day event around building a modern tech stack at financial institutions.
Germany’s Taxfix Group secures UK market entry with TaxScouts acquisition
Launched in 2018, the TaxScouts platform connects self assessment tax filers with a network of accredited accountants.
Greek neobank Snappi lands banking licence from the ECB
Snappi is a joint venture between Piraeus Bank and core banking software vendor Natech.
UK challenger Oxbury Bank announces first full year of profitability
Oxbury Bank claims to be one of the fastest UK fintechs to reach full annual profitability.
Bank of Ireland seeks to fill 100 technology roles to support new digital projects
The bank is seeking to expand its workforce in cybersecurity, delivery management, data, engineering and resilience.
Revolut announces record $545m profit for 2023
Revolut’s revenue surged by 95% over the year, from $1.1 billion in 2022 to $2.2 billion in 2023.
CTBC Bank goes live with Avaloq core in Hong Kong and Singapore after three-year implementation
The bank first selected Avaloq to power its private banking businesses in Singapore and Hong Kong in 2021.
TeamSystem acquires 61% majority stake in Italian SME credit mediator Change Capital
The acquisition will expand TeamSystem’s remit with over 200 financial solutions for credit and subsidised finance.
Is your bank’s architecture trapped in the past? It’s time to recompose it
European banks must accelerate their journey to recompose architecture, with AI and GenAI as differentiators.
Tribe Payments promotes CSO Andrew Hocking to CEO position
Before his promotion, Hocking served as Tribe’s chief security officer for one year.
BlackRock to acquire private markets data provider Preqin for $3.2bn
The deal will see Preqin’s data and research tools merge with BlackRock’s portfolio management platform Aladdin.
UK challenger Atom Bank hires Gareth Jones as new chief risk officer
Jones is to replace Chris Sparks, who is set to retire after nine years at the company.
What does the UK fintech sector want from the next government? Three industry leaders weigh in
Execs from Soldo, Aro and Tipalti share what the next UK government can do to support the fintech sector.
Celebrating excellence in the payments industry: PayTech Awards 2024 winners announced
Take a look at all the winners and highly commended from this year’s PayTech Awards ceremony!
ECB publishes progress update on digital euro preparation phase
Privacy, offline functionality and possession caps are the key focus points of the progress report.
Canada’s Haventree Bank partners Temenos for new core banking platform
Haventree serves the Canadian alternative mortgage sector through the broker network.
Raiffeisen Bank International opts for Surecomp’s collaborative trade finance platform
The Austrian bank will utilise RIVO to digitise its processes for guarantees and letters of credit.
Climate X completes $18m Series A led by Google Ventures
The UK-based start-up will use the funds to bolster its new commercial team in New York.
ICYMI fintech funding round-up: Ximple, Hero, Curve, Chift and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Angel investor Anne de Kerckhove joins UK’s Moneyhub as board chair
De Kerckhove is to succeed Rael Gordon as Moneyhub chair.
UK fintech Pozitive Payments names Alex Daly as new CFO
Daly will oversee Pozitive Payments’ finance team, including reconciliation and settlement functions.
