Mastercard announced as headline partner of Open Banking Expo Canada 2023
Open Banking Expo Canada is taking place in Toronto on 15 June 2023.
FinTech
Multi-asset custody provider Etana names Dennis Noto as new CTO
Noto has previously served as CTO at companies including IBM, LPL Financial and Scottrade.
Mode Eleven taps Finzly for cloud-based payments platform
Mode Eleven will now be able to facilitate high-value payments on the ACH and Fedwire networks.
What the FinTech? | S.4 Episode 9 | The rise of bank payments
In this episode of the podcast, we’re joined by Ben Morfoot, Director of Product Management at GoCardless.
Akuvo inks partnerships with seven credit unions in the US
Together, these credit unions serve 747,388 members and represent $20 billion in assets.
Webinar: How banks can strengthen security without compromising on performance
Join FinTech Futures and Cloudflare on 14 June for a lively discussion!
B2B fintech Plastiq files for bankruptcy, enters deal with Priority
The agreement is subject to approval from the Bankruptcy Court, and any better offers Plastiq may receive.
Tackling the triple challenge: digital fatigue, decision fatigue, and scarcity mindset
How to support customers using behavioural science – understanding what influences decision-making.
FinTech Futures: Top five stories of the week – 26 May 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Crypto app Tap Global appoints David Hunter as chairman
Tap Global aims to reach £4.2 million of revenue by mid-2024.
ICYMI fintech funding round-up: Ballerine, Trébol & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Why is Apple taking a bite out of banking?
For Apple, maybe banking is just another brick in the wall, not the wall itself.
FinTech Futures Jobs: Closing the chasm – the largest work skills gaps are in cybersecurity
Three cybersecurity vacancies here, plus thousands more on FinTech Futures Jobs Board!
US banking tech provider Nymbus bags $70m Series D funding
With the funding, Nymbus plans to expand and advance its core banking system, and diversify its product portfolio.
LatAm fintech start-up Kiwi secures $80m in funding
With the funding, Kiwi plans to introduce new products and reach more customers across US and Latin America.
Embedded payments platform Rize Money acquired by Fifth Third
Fifth Third says embedded payments are “a core component” of its treasury management business.
A radical logical conclusion
If you want to be rescued by the government, then you need to be operating as a public service utility.
US fintech Episode Six secures $48m in Series C funding
The round was led by Avenir, with participation from existing investor Anthos Capital.
OpenFin lands $35m in Series D funding
The funding will be used to accelerate the adoption of OpenFin’s software across the financial services industry.
US LGBTQ+ neobank Daylight to close down
The final day of Daylight’s banking operations will be 30 June.
FinovateSpring 2023: The top trends shaping the future of financial services
This year’s FinovateSpring conference has put digital transformation and innovation at the top of the agenda.
US proptech Setpoint acquires Resolute to “revolutionise fintech lending”
Resolute is a due diligence provider focused on single family rental (SFR) and residential transition loans (RTL).
Restaurant365 lands $135m funding at unicorn valuation
The round takes the Restaurant365 valuation to over $1 billion.
Wise CFO Matt Briers to leave money transfer firm next year
Wise will start the search for its next CFO immediately.
Sonata Bank taps Plinqit to help restaurant workers meet savings goals
Through the partnership, Sonata will provide customers with ways to save and plan for future financial needs.
Airbnb taps Stripe to enable bank payments for US customers
The feature will be available for customers with a US bank account.
Sonata Bank aims to boost quick service restaurant employees’ financial health
The challenger has raised more than $20 million in its initial round of funding.
American Bank & Trust taps Marstone for digital wealth management offering
With the partnership, the bank aims to retain existing client deposits and attract new retail bank customers.
FinTech Futures: Top five stories of the week – 19 May 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
San Francisco fintech Cardless secures $75m credit facility from i80 Group
The debt facility will provide Cardless “flexibility” to meet growing demand for co-branded credit card products.
Meridian Bank taps Corserv to launch business credit card programme
With Corserv, Meridian Bank will be able to offer credit cards with a variety of APRs, rewards and features.
ICYMI fintech funding round-up: Bitpanda, Jenfi and more
This week’s handy funding round-up includes six fintech firms from across the world.
Low-code AI integration platform AI Squared names Michelle Bonat as new CTO
Bonat will be responsible for software engineering, data science, AI research, IT and product management.
Banking on data
As a coder, I always thought that software was key, but I soon realised the value was really in the data.
Bank of America launches new accelerator programme for fintech start-ups
The programme aims to help entrepreneurs from underrepresented communities scale-up their businesses.
Financial health app VeraScore names Scott Waldron as new president
In his new role, Waldron will lead VeraScore’s business development and customer acquisition strategies.
Private credit marketplace platform Percent lands $29.7m Series B funding
Percent will use the funding to further develop its platform and propel its next phase of growth.
Credit union North Carolina SECU selects NCR for digital banking upgrade
Using NCR Digital Banking, SECU will be able to upgrade its mobile and online banking capabilities.
Standard Chartered partners Worldpay from FIS to expand payment collections offering
With the partnership, the bank aims to expand the footprint of its solution across Asia and other markets.
Of convertibles and agile rituals
With agile, like with most things in life, the lesson is: do it right, or don’t do it at all.
