Small challenger Jiko buys Minnesota bank
Instead of sitting in deposits, Jiko customer money sits in Treasury Bills.
FinTech
Stopping malicious insiders with deception technology
A deception-based platform helps firms feel prepared for attacks from within.
Video: Top fintech stories this week – 04 September 2020
FinTech Futures’ weekly news round-up.
RTGS Global kicks into gear to disrupt correspondent banking
RTGS has built its system on Microsoft Azure.
Impact of COVID-19 on M&A activity in the fintech space
The market is pricing a more positive outlook for banks globally.
The time for reskilling is now: how to go about it in a post-pandemic world
We have just six months to prepare for the new work environment – let’s be strategic about our upskilling options.
How online identity verification can help telcos in the aftermath of COVID-19
Online ID verification enables telcos to securely & confidently onboard more users without a visit to a retail store.
Report: The total economic impact of Appway Onboarding for wealth management
Increased revenues and improved efficiency for internationally operating wealth management firms and private banks.
Four US digital trading apps experienced technical issues this week
It’s rare for as many as four digital brokerage platforms to experience issues all at the same time.
Aussie BNPL Zip closes $296m acquisition of US player QuadPay
“The US is a critical part of our global strategy,” says CEO.
Risky business
Everyone will have a part to play, but the risk teams will set the tone for what comes next.
NTT Ltd’s 2020 Global Customer Experience Benchmarking Report: the connected customer – delivering an effortless experience
What key business outcomes to focus on to provide a seamless and effortless CX journey.
FinovateFall Digital: Delivering concrete ROI during unprecedented times
The future of finance is digital. Free tickets to FinovateFall available!
White paper: Next-gen virtual hardware security module (vHSM)
Noted cryptographer and Unbound’s co-founder/CEO Prof. Yehuda Lindell explores virtual HSMs, at length.
How government and businesses can protect minors online in a post-pandemic world
Any organisation that profits from selling age-restricted products and services should be held accountable.
YOU are the first line of your own defense for fraud prevention
Be vigilant online! You are your first line of defense against fraud.
How banks can balance UX and security amid a pandemic
How face-based biometrics and AI can deliver smooth digital onboarding and stamp out fraud.
NerdWallet steps outside US, acquires UK’s Know Your Money
Know Your Money had some five million consumers and 1.2 million business clients in 2019.
The great asset servicing cloud migration and its implications
Cloud migration requires a considerable initial spend and some are simply not yet ready to commit.
Video: Top fintech stories this week – 28 August 2020
FinTech Futures’ weekly news round-up.
US credit fintech for minorities Esusu lands £2.3m
More than 5,000 renters in the US have applied for Esusu.
N26 “nearly” hits half a million US customer mark
“Over the past 12 months, we have learned a lot about our US customer base.”
ID start-up Socure lands $61m from Citi, Wells Fargo & MVB
The start-up was co-founded back in 2012.
Infographic: Creating standardised platform for Fortune 500 financial data services company
Learn how Panduit and Cisco Services successfully accomplished this major project in just 90 days and within budget.
Unfinishedness, by degrees
If you are looking for principles to navigate unfinishneess by, ask “who”.
US challenger for teens Copper lands $4.3m
The start-up has built an advisory board of teens.
LA start-up AmplifyX lets investors build portfolios around musicians
From 2015 to 2019, the entire music industry grew sales at a 9% rate.
What the Fintech? Episode 12 | Transformers: more than meets the AI
Matt Sattler, head of HSBC’s innovation labs, reveals what it takes to secure a deal with the bank.
Palantir lost $579m in 2019 according to leaked S-1 filing
Big data SaaS firm had net loss percentage of 78% last year.
US unicorn AvidXchange launches secondary offering
AvidXchange says it’s had a three-year growth rate of 133%.
White paper: Data integrity in an uncertain world – how to achieve operational resilience
How automating your data management processes can help reduce costs and eliminate the potential for human error.
Three ways fintech can confront security and trust questions during rapid growth
Those of us in security understandably tend to lead with the risk factors.
Embedded finance: a game-changing opportunity for incumbents
Embedded finance offers a new, very large addressable market opportunity worth over $7 trillion in ten years’ time.
TransferWise goes global with Mastercard partnership
The two firms extend a deal signed in 2018.
Gemini picks Eventus Systems for trade surveillance
Popular cryptocurrency exchange boosts its monitoring.
Six ways financial services will adapt to BigTech in the UK market
BigTech companies excel at giving customers what they want.
Robinhood’s value tops $11bn on new funding round
The new valuation increased by nearly one-third from a previous round just one month ago.
Commonwealth collaborates with JP Morgan on emerging tech
The initiative will focus on helping lower- and moderate-income people’s financial lives.
White paper: Enhancing trust with AI-driven biometrics
Learn how to improve every aspect of the identity lifecycle with intelligent ID.
The payments superhighway
Why everyone’s talking about cloud-based platform architecture.
