US fintechs Brex and MX announce layoffs
Brex is set to lay off 136 employees – approximately 11% of its total workforce.
FinTech
TripActions raises $304m Series G at $9.2bn valuation
The fundraise was a mix of $154 million in equity and $150 million in structured capital.
Teen financial platform Step lands $300m in debt funding
The new funding brings the total capital raised by Step to $500 million in equity and debt.
Attracting and retaining diverse talent in male-dominated industries
Firms should look to put processes in place that improve company culture and reduce bias.
US-based card start-up Mercantile launches with $22m in hand
With the fresh funding, Mercantile plans to further its product development, build partnerships and expand its teams.
US fintech funding round-up: OatFi, Fintor and StandardC
A handy round-up of the recent funding endeavours of fintech companies across the US.
Google Cloud set to accept crypto payments via Coinbase
The partnership, which had been in the works for “many months”, has four parts to it.
Sibos 2022: Achieving net-zero across an FI’s value chain
A number of associations are being spun up to support FIs to address the complexity around decarbonisation.
Video: HSBC at Sibos 2022 – ESG and financial services
We chat with Natalie Blyth of HSBC to discuss the bank’s push to hit net-zero targets.
Video: BNP Paribas at Sibos 2022 – Digital assets in financial services
We chat with Wayne Hughes of BNP Paribas Securities Services to discuss the firm’s digital asset strategy.
Sibos 2022: Dynamic duos – giving humans superpowers through AI
When machine learning and human learning come together, that’s when finance sees the greatest benefits.
Sibos 2022: A problem defined is a problem solved – untangling ESG data
With a range of taxonomies, sources and utilities, ESG data is still some way from being standardised.
Sibos 2022: Is paperless trade within our grasp?
Digital trade finance has the potential to transform how we do business across borders.
Sibos 2022: It’s not fintech coming of age, it’s the incumbents
Use this time, this space to learn and think. Use the rest of the year to act.
Sibos 2022: How HSBC wants to power the Web3 economy
“We want to be the ecosystem platform provider to power up the Web3 economy,” says HSBC’s Catherine Zhou.
Sibos 2022: Breaking finance – how quantum technology will kill secrets
“Quantum, Revisited” with Avast CISO Jaya Baloo and Stacey Jeffrey, a senior quantum researcher at CWI.
Video: Incode at Sibos 2022 – Identity verification and biometric authentication
We chat with Incode’s Jonathan Andresen about the importance of effective ID verification tech.
Google and Santander team to simplify cloud journey for enterprises
Dual Run is built on top of the technology developed in-house by Santander.
Sibos 2022: A look ahead – India’s fintech growth story
India has proven that it offers fertile ground for fintech start-ups.
Sibos 2022: Breaking new ground – banking in the metaverse
“If you’re going to be in the metaverse, it starts with a purpose,” Accenture’s Michael Abbott explains.
Airwallex bags another $100m in Series E extension, valuation remains unchanged
The extension round brings Airwallex’s total funding to more than $900 million.
Sibos 2022: How to avoid a digital identity crisis
Bianca Lopes makes the case why banks, FIs and regulators should be paying attention to digital identity.
BankiFi partners with Axiom Bank for improved SMB offering
Through the partnership, the bank’s SMB customers will be able to “better” track and manage their finances.
Nymbus and Saint Louis Bank partner to launch banking service for lawyers
The new banking brand will focus on the law firms and legal community in the US Midwest.
Sibos 2022: Are banks progressive about product?
I believe it’s been almost 30 years since banks truly innovated on products for retail customers.
Sibos 2022: Food, shelter, water – what does banking have to do with it?
Banks can play a crucial role in lifting people out of poverty.
Sibos 2022: No bank is an island – joining up digital currencies
At Sibos 2022, senior bankers discussed the importance of interoperability between payment systems old and new.
Sibos 2022: “Skyscanner for money” – money as subscription service
In the future, we’ll all have our own “Skyscanner for money” working for us, believes VC Innovations’ Lisa Moyle.
MonetaGo appoints Neil Shonhard as new CEO
Shonhard will take over from co-founder and CEO Jesse Chenard, who will transition to executive chairman.
Sibos 2022: How SmartStream draws wisdom from the noise of data
FinTech Futures chats with Andreas Burner, CIO at SmartStream, about the benefits of AI/ML tech.
Sibos 2022: State Street Digital Digest – volatility and the digital transformation
Discover the key takeaways from the third edition of the State Street Digital Digest.
Daily News at Sibos 2022
Download your free copy of the Daily News at Sibos publication today!
Jiko lands $40m Series B, launches T-bill corporate money storage solution
Jiko’s solution provides firms access to spendable T-bills.
FinTech Futures: Top five stories of the week – 7 October 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Banking Technology Magazine October 2022 issue out now
Cover story: INVESTING IN THE FUTURE – Putting money in the right places.
Uber partners Mastercard, Marqeta to launch new card offering for drivers
The Uber Pro Card will help its drivers save on fuel, fees and other associated expenses.
Video: Kore.ai at FinovateFall 2022 – Conversational AI and customer experience
We chat with Kore.ai’s Raj Koneru about conversational AI and the company’s leading work in the space.
Webinar: Conversational banking – delivering disruptive technology in a non-disruptive way
Intelligent virtual assistants powered by cutting-edge conversational AI are creating the future of banking experience.
FinTech Futures Jobs: How to assess a company’s culture before you say yes to a job offer
How to ensure that you invest your time and career in a company whose culture aligns with your values.
Webinar: Achieve sustainability goals while growing your business and managing data growth
Learn how to build a sustainable model that requires data storage engineered to use significantly lower power and cooling.
