CBDCs come to the international stage as a future cross-border option
CBDCs will become the de facto cross-border payment mechanism within the next decade, or possibly sooner.
FinTech
FinTech Futures: Top five stories of the week – 30 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
CFPB sues digital lender MoneyLion for allegedly overcharging customers
CFPB alleges MoneyLion has imposed “illegal and excessive” charges on service members and their dependents.
ICYMI fintech funding round-up: KPay, InstaPay, Frost and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
US fintech funding round-up: Brightflow AI, Inclined and Remofirst
A handy round-up of the recent funding endeavours of fintech companies across the US.
Embedded banking with Metro AG and Vodeno
Brands with large customer bases can use BaaS platform providers to create deeper relationships with customers.
White paper: Digital banking – why is it becoming so important to financial organisations?
Fintechs are showing significant growth – learn how banks can stay competitive and efficient.
Voyager Digital to sell its assets to FTX US for $1.4bn
Voyager Digital filed for bankruptcy protection back in July.
Billtrust snapped up by EQT Private Equity in $1.7bn deal
The deal, set to close in Q1 2023, will see Billtrust become a private company.
HSBC and Oracle NetSuite launch new accounts payable solution
NetSuite AP Automation is available in the US as part of NetSuite’s SuiteBanking offering.
Celsius appoints interim CEO as founder Alex Mashinsky resigns
The firm filed for bankruptcy protection in July and is currently restructuring.
The designer, the surrealist and the potted plant
Hire designers because you have blind spots. We all do.
New “hybrid” banking app Dexy gears up for launch in the US
Founded this year and based in Miami, Florida, Dexy is currently waitlisting applicants.
Video: Quavo at FinovateFall 2022 – Automating fraud and dispute management
We chat with Quavo’s Brittany Usher about the benefits of automating fraud and dispute management processes.
Multicloud friction shouldn’t be the status quo
Fintech companies can take specific steps to achieve greater multicloud freedom.
FinovateFall 2022: Q&A with Ripple’s James Wallis on CBDCs, crypto and blockchain
We chat with Ripple’s James Wallis about the rise of CBDCs and the future of blockchain.
Video: QuickFi at FinovateFall 2022 – The evolution of business equipment financing
We chat with QuickFi’s Bill Verhelle about the firm’s new tech developments and growth plans.
New banking and insurance app Onuu goes live in the US
Founded in 2021, Onuu claims to have 600,000 members on its waitlist.
Banking app for “global citizens” Bankkit launches in UK
The app offers overseas bill payment functionality and an integrated current account.
It’s not all evil, crypto can also do good
Consumers, regulators and investors are all interested in solving this technology’s climate impact.
Klarna cuts more jobs just months after laying off 10% of global workforce
The BNPL giant is planning more cuts after laying off approximately 700 staff back in May.
AccessFintech raises $60m in Series C funding
The Series C funding round was led by WestCap.
How financial services are following in the footsteps of Amazon with digital identity
The financial services industry must be prepared to completely reimagine the digital experience.
Cartoon: All in
This new cartoon by Ian Foley illustrates the potential large bets many companies are now placing on AI.
eBook: Towards modern application development in financial services
Ensuring your AppSec programme adds value.
Infographic: Modern AppSec in financial services
Security has never been more important to financial organisations reliant on custom software.
FinTech Futures: Top five stories of the week – 23 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Payoneer appoints Assaf Ronen as its new chief platform officer
In his new role, Ronen will lead Payoneer’s newly created platform division.
Stash goes live with self-built core banking system Stash Core
Stash partnered with Stride Bank, Mastercard, Marqeta, Mambu and Alloy, among others, to develop Stash Core.
Change at the top for crypto exchange Kraken with former COO to lead firm
Dave Ripley is to lead the firm with current CEO Jesse Powell set to become chair of the company’s board.
Video: Seattle Bank at FinovateFall 2022 – Competition and collaboration in financial services
We chat with Josh Williams of Seattle Bank to discuss how collaboration between banks and fintechs has evolved.
ICYMI fintech funding round-up: Higlobe, CNote, DolarApp and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Making composable banking work
Firms need to adopt a new way of working to enjoy the full benefits of composable banking.
FinTech Futures Jobs: Are you having “great resignation” regret?
Before you change jobs again, we recommend to keep in mind a few things.
“Care now, pay later”: medical care fintech Scratch raises $35m Series C
Scratch offers a payment model to help patients cover the cost of medical care.
Video: Bain Capital at FinovateFall 2022 – Investment trends in fintech
We chat with Sarah Hinkfuss of Bain Capital to discuss where the smart money is being invested in fintech.
Video: OakNorth at FinovateFall 2022 – How financial services can help tackle climate change
We chat with Bruce Richards of OakNorth about how banks are looking to achieve net-zero targets.
JP Morgan partners AI/ML platform Cleareye to digitise trade finance operations
The ClearTrade solution has been integrated into JP Morgan’s trade processing system.
Rerum cognoscere causas
The thing about asking real questions is that you need to accept that they may lead to a change in plan.
Fitch Group to acquire majority stake in data and analytics firm dv01
The acquisition, for an undisclosed sum, is expected to close by the end of Q3.
