Banking Technology Magazine July / August 2024 issue out now
Cover story: MONEY TALKS – Cash still playing an important role in society.
FinTech
ICYMI fintech funding round-up: Lemon.markets, Trustap, Adfin, Accend and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Intuit to cut 10% of workforce amid plans to boost investment in “key growth areas” such as AI
Intuit plans to hire 1,800 new workers to support the firm’s aim to capitalise on the “AI revolution”.
FinTech Futures: Top five news stories of the week – 12 July 2024
Our pick of the top fintech news stories this week includes Envestnet, Dosh, Innovate Finance and more.
Bain Capital to acquire US fintech Envestnet in $4.5bn deal
Reverence Capital is also participating in the transaction, alongside a consortium of additional investors.
If it’s legacy, fix it now
Every bank must at least be investigating the art of the possible with new technology for core banking.
Your boss can’t hear you
The reality is your CEO is mostly talking to risk and finance. And arguably, that is as it should be.
Global fintech investment fell by 19% in H1 2024, according to new Innovate Finance report
Total investment in fintechs worldwide amounted to $15.9bn in H1 2024, compared to $19.5bn in H2 2023.
Clear Street names former CBOE chief Edward Tilly as new president
Tilly previously served as CEO and chairman of CBOE Capital Markets for over 10 years.
Azqore selects Volante Technologies’ PaaS tech for SEPA instant payments
Azqore previously selected Volante to accelerate its ISO 20022 adoption programme in 2022.
Bain Capital reportedly closing in on deal to acquire Envestnet
The potential deal could be announced as early as this week, according to a report by Reuters.
Visa and Mastercard to extend inter-regional interchange fee caps in the EEA until 2029
The payments giants originally agreed to the caps to settle an EU antitrust investigation in 2019.
Netevia secures up to $120m in debt financing from WhiteHorse Capital
The fintech plans to use the funds to “complete key acquisitions” and “rollout new products”.
Shock absorbers: how to prepare effectively for external volatility
How can organisations protect themselves from external shocks that nobody can predict?
Video: Endava at Money20/20 Europe – The evolution of B2B payments
Endava’s Scott Harkey highlights the latest technological advancements that are revolutionising B2B payments.
FinTech Futures: Top five news stories of the week – 5 July 2024
Our pick of the top fintech news stories this week includes Revolut, BlackRock, Project Nexus and more.
Join us as a judge for PayTech Awards USA 2024!
The prestigious PayTech Awards USA 2024 has a limited number of seats on the judging panel available.
FinTech Founders Video: Lessons from Finovate – shaping your fintech showcase approach
Four fintech founders share their key advice for companies looking to showcase their products at conferences.
Real time changes everything
The banking world will soon become real time, and both banks and regulators will have to keep up.
State of play: cloud in financial services
It’s easy to forget that until recently, cloud was seen as the most transformational technology in FS.
Cake and risk management
With digital transformation, leaders often take on too much individual risk for ambivalent collective returns.
FinTech Founders Video: Evolution through feedback – refining product presentations for future success
Four fintech founders share how to utilise audience feedback to perfect product presentations.
Chime acquires employee rewards start-up Salt Labs
Salt Labs’ CEO Jason Lee will take charge of the neobank’s new Chime Enterprise division.
Revolut announces record $545m profit for 2023
Revolut’s revenue surged by 95% over the year, from $1.1 billion in 2022 to $2.2 billion in 2023.
Demystify Podcast: Demystifying international payments with Eddie Harrison of Navro
In this podcast episode, Dave and Dharm chat with Eddie Harrison, co-founder and CPO of Navro.
US fintech start-up Rainforest lands $20m Series A led by Matrix Partners
Rainforest says it provides embedded payment processing tech “purpose-built for software platforms”.
BlackRock to acquire private markets data provider Preqin for $3.2bn
The deal will see Preqin’s data and research tools merge with BlackRock’s portfolio management platform Aladdin.
US start-up Arrow emerges from stealth aiming to streamline healthcare payments
To support its launch, Arrow raised $110 million in a Series A round in May 2022.
FinTech Founders Video: Key strategies for communicating fintech value propositions
Four fintech founders share their key tips to ensure the success of your tech presentations.
Video: FinovateSpring 2024 – what’s hot and what’s not in fintech
We ask three industry professionals what’s hot and what’s not in the fintech sector this year.
Canadian credit union Vancity lays off 7% of workforce
The cuts, actioned by president and CEO Wellington Holbrook, have resulted in the loss of almost 200 positions.
The rise of instant payments: protecting consumers from criminals in 10 seconds
How can financial institutions strike a balance between speed and safety with instant payments?
Celebrating excellence in the payments industry: PayTech Awards 2024 winners announced
Take a look at all the winners and highly commended from this year’s PayTech Awards ceremony!
Video: Amdocs at Money20/20 Europe – Bridging fintech’s personalisation divide
Amdocs’ Bentzium Aviv discusses how emerging technologies are powering the pursuit of personalisation.
FinTech Futures: Top five news stories of the week – 28 June 2024
Our pick of the top fintech news stories this week includes Klarna, iBusiness Funding, Norm Ai, Nubank and more.
Video: Code and capital – AI as a co-pilot in financial services
Sarah Hinkfuss of Bain Capital Ventures discusses the growing number of use cases for AI in financial services.
June 2024: Top five M&A deals of the month
FinTech Futures takes a look back at five of the top M&A deals in June.
June 2024: Top five movers and shakers stories of the month
FinTech Futures takes a look back at five of the top movers and shakers stories during June.
June 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from June.
ICYMI fintech funding round-up: Ximple, Hero, Curve, Chift and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
