Banking Technology Magazine September 2023 issue out now
Cover story: WINDS OF CHANGE – Squaring the circle on climate change.
FinTech
US Bank and subsidiary Elavon launch new POS solution for small businesses
The solution seeks to help small business owners avoid making a “large upfront investment”.
Nasdaq appoints former UBS executive Sarah Youngwood as CFO
Youngwood will take over from Ann Dennison, who has held the role since 2021.
Tourists
Technology will keep changing and will always require our attention. So don’t be a tourist with tech.
MoonPay creates new venture division to fund early-stage start-ups
MoonPay Ventures will focus on early-stage fintechs and Web3-focused start-ups.
PandaDoc buys Denario for consolidated document and payment workflow offering
PandaDoc clients can now “manage, collect and report on invoices alongside their contracts, all in one location”.
Lighter Capital secures $130m in funding facilities to fuel revenue-based financing for tech firms
Lighter Capital is aiming to fund “hundreds” of early-stage technology companies.
Goldman Sachs to wave goodbye to GreenSky as proposed sale enters final stages
Some offers for the Atlanta-based fintech are reportedly topping $800 million.
Heather Gantt-Evans joins Marqeta as chief information security officer
US Army Reserves veteran Gantt-Evans will lead the firm’s global corporate and product security strategies.
Social media: a driving force in digital transformations
To stay relevant, businesses need to regard social media as an integral part of their digital strategy.
Payments giant Mastercard to end crypto card partnership with Binance
As of 22 September, Mastercard will be ending its four pilot co-branded Binance card programmes.
What the FinTech? | S.4 Episode 14 | Financial vulnerability and the Consumer Duty
In this episode of the podcast, we’re joined by Helene Panzarino of the London Institute of Banking and Finance.
Video: How fintech is transforming the private equity and private credit markets
We ask Arbour Partners CEO James Newsome how fintech has impacted the private equity and private credit landscape.
The Clearing House appoints Sheffali Welch as COO
Welch brings more than 20 years of experience in banking and financial services to her new role.
Cartoon: Are we ready?
AI/ML is advancing at pace, but we might not have all the unintended consequences worked out yet.
Video: Subject snapshot – open banking
Get the lowdown on how banks can finally monetise the open banking initiative.
Better.com’s share price stumbles on Nasdaq debut
The New York-based digital mortgage lender went public through a SPAC merger this week.
FinTech Futures: Top five stories of the week – 25 August 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Zanifu, Koverly, Micronotes & more
Our weekly fintech round-up for you to get the latest funding news from around the world.
LemFi bags $33m in Series A funding round to fuel global expansion
LemFi was founded in 2020 to provide immigrants with better access to financial services.
Video: What’s the next big thing in fintech?
We ask three experts what they think could be the next big thing that will completely transform the industry.
Beyond the single customer view
Even if we have all the data on our finances, we need to be able to understand it.
Video: AI – friend or foe to financial services?
Fintech experts share their views on the impact of AI on financial services.
Thoma Bravo acquires ForgeRock for $2.3bn
Once acquired, ForgeRock will delist its class A common stock from the New York Stock Exchange.
Citi debuts first LatAm fintech investment with stake in Peruvian FX platform Rextie
Rextie becomes Latin America’s first FX fintech to receive an investment from Citi.
Yahoo Finance builds out investor insights with Commonstock acquisition
Launched in 2020, Commonstock is backed by investors including Coatue, QED and Floodgate.
FinTech Founders Video: founding stories
Founders divulge the trials and tribulations they experienced when building their own businesses.
FinTech Founders Video: Lawrence Lin Murata, Slope
Lawrence Lin Murata reflects on what he learnt from starting his first company and the impact on starting Slope.
FinTech Founders Video: Wade Arnold, Moov Financial
Wade Arnold, founder and CEO of paytech Moov, talks about his experience of starting a fintech.
White paper: Navigating extreme uncertainty to drive growth – top financial services trends in 2023
This free white paper explores how to leverage technology to drive innovation, cost savings and greater efficiencies.
FinTech Founders Video: Rado Kotorov, Storied Data
Rado Korotov, founder and CEO of Storied Data, shares advice for founders looking for venture capital funding.
FinTech Founders Video: Elizabeth Rossiello, AZA Finance
Elizabeth Rossiello reveals the one person she couldn’t run AZA Finance without!
FinTech Founders Video: Jason Voss, Deception and Truth Analysis
Jason Voss gets candid on why you need to think hard about any VC dollars coming your way.
Morgan Stanley hit with £5.41m fine after energy traders used WhatsApp to discuss market transactions
It is the first-ever electronic communication fine issued in Great Britain relating to trading energy products.
FinTech Founders Video: Deepak Jain, Wink
Deepak Jain shares what entrepreneurs need to have in place to make the whole ride of building a company easier.
Shoes
The context in which your teams do the work you ask of them is a rich tapestry of ever-changing factors.
KPMG data shows steep drop in Canadian fintech funding in H1 2023
H1 2023 investment activity totalled $353.7m across 57 deals, down from $1.09 billion across 87 deals in H2 2022.
Trading Technologies enhances buy-side appeal with Abel Noser Solutions acquisition
The deal is expected to close on 31 August.
US fintech Ramp secures $300m Series D funding at reduced valuation
The firm’s new $5.8bn valuation represents a 28% drop from its $8.1bn valuation back in March 2022.
Video: Which areas of fintech are most at risk in the current economic climate?
We ask three veteran investors which areas of fintech are currently most vulnerable.
