Jumio discusses the importance of video-based identity verification
“With video, we can reduce onboarding time from days and hours to minutes.”
UK
UK BaaS provider Griffin lands £6.5m to fund banking licence
Ex-Airbnb software engineer David Jarvis leads Griffin.
HSBC Private Banking loses global innovation head Diana Biggs
Biggs steps down from her role after three and a half years at HSBC.
United Fintech launches in UK and acquires NetDania
Danish fintech NetDania supplies forex and trading technology and data.
What the Fintech? Episode 16 | Financial inclusion 2020
Nina Mohanty shares her research findings on financial inclusion around the most vulnerable people in our communities.
Lawyers turned payment processors serve world’s richest consumers
“We’ve already broken even,” says CEO.
Coconut searching for new CTO
Allistair Crossley leaves after three and a half years at the fintech.
Onfido appoints new chief executive as Husayn Kassai steps down
Mike Tuchen steps into the CEO role at the fintech.
Hampshire Trust Bank picks Centelli for lending RPA solution
The bank aims to reduce manual processes.
Report: Three key strategies for customer experience success
In-depth industry report on customer experience, featuring expert insights from Mettle, HSBC & Northwestern Mutual.
OakNorth hires new CMO and VP of customer success
The firm has placed both women in its executive leadership team.
Banking Technology November 2020 issue out now
Without limits: The Barclays accelerator races ahead
New wealth managment app Fortu plans crowdfunding campaign
The wealthtech says it provides “secure, reliable and international financial reach”.
UK government signs London fintech Judopay for digital payments
“Everything from tax payments to donations to charities” come under the deal.
EXCLUSIVE: Bank of Ireland planning UK tech revamp
Irish lender aiming to switch things up for its UK operations.
Three UK fintechs raise over $100m in funding this month
Starling, Curve and GoCardless are raising rounds in excess of $100m.
UK’s PayPoint to make double acquisition worth £70m
PayPoint currently boasts a 9,000-customer strong card payment estate.
Lloyds plans 1,040 job cuts to back office support staff
The figure brings Lloyds’s total cuts to 1,900 this year.
Barclays gets 198 applications for Black founder tech accelerator
“I recognised there was more that we could do, and my employer completely backed me.”
UK challenger Witty builds out tech stack with Oracle
The start-up already has some 25 employees.
Santander launches money manager with Tel Aviv fintech Personetics
Santander claims its UK app has 4 million monthly active users at present.
Ziglu hires Monzo’s James Sullivan as chief legal officer
James Sullivan worked as Monzo’s head of legal for one year and nine months.
Allica CPO says incumbents and fintechs still neglect some SMEs
“The decline of branches is synonymous with decline of relationship banking,” says CPO.
FinTech Wales appoints IBM vet Sarah Williams-Gardener as CEO
Williams-Gardener is also a founding member of Starling Bank.
UK challenger Strive launches waitlist for family-focused account
The details of the all-stock deal were not disclosed.
TradingView makes UK switch as COVID-19 boosts global users
TradingView has landed six funding rounds totalling $40.8 million.
FCA joins cross-border fintech testing initiative
The UK regulator is one of 23 regulators taking part in the project.
Jamaica National Bank announces full UK launch
The bank has had a representative office in London since 1988.
JP Morgan backs UK payments fintech Icon Solutions
“Banks are having to find ways of cutting costs,” says Icon.
TrueLayer nabs former Amazon and AmEx exec as new CPO
Ossama Soliman joins TruLayer as its new chief product officer.
Yolt to launch Mastercard debit card through PPS partnership
Money management app takes a deeper step into the payments sphere.
Boutique wealth manager CWPW launches in UK
CMPW is taking a “hybrid” approach, of both AI and human interaction.
Engage, empower and advance: Black voices in venture capital
Co-founder of BLCK VC and Storm Ventures associate, Frederik Groce, is on a mission.
Post Office ditches 600 free ATMs, invests £16m to revamp others
The Post Office calls it the largest investment in ATMs in ten years.
Sustainable banking app Novus launches website and waiting list
The new app promises to help users lead a better lifestyle.
Capital requirements can impede innovation, says panel
One member of the panel thinks the FCA should look into its capital requirements.
HSBC could start charging for “basic banking services”
It reported a 35% fall in pre-tax profit during the third quarter of the year.
Neobank Vybe plans 300,000 new customers in UK and France
Vybe’s CEO claims the challenger already has 950,000 people signed up and ready.
HSBC to cut up to 300 jobs in UK commercial banking unit
The cuts are part of a wider restructuring announced in February.
Snoop closes £10m on Seedrs
The Snoop app launched in April.
