NorthOne bags $67m in Series B funding round
The new capital takes NorthOne’s total funding raised to date to more than $90 million.
News
B4B Payments at Money20/20 USA: globalising US fintechs for European issuing and payment expansion
B4B Payments will showcase its instant card issuing and payments innovation platform at Money20/20 USA.
US fintechs Brex and MX announce layoffs
Brex is set to lay off 136 employees – approximately 11% of its total workforce.
Video: BAFT at Sibos 2022 – Collaboration between banks and fintechs
We chat with Tod Burwell of BAFT about how collaboration between banks and fintechs is driving innovation.
Video: Brim Financial at Sibos 2022 – Card and payments innovation
At Sibos 2022, Brim Financial’s Meenaz Sunderji discusses the evolving retail and corporate card landscape.
US Bancorp gets US regulatory approval for MUFG Union Bank acquisition
The firm has received approval from the Federal Reserve and the Office of the Comptroller of the Currency (OCC).
Video: NatWest at Sibos 2022 – Sustainability and achieving net-zero targets
We chat with NatWest’s Solange Chamberlain about sustainability in banking and achieving net-zero targets.
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.
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.
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.
Video: HSBC at Sibos 2022 – Banking in the metaverse
At Sibos 2022, we spoke with Catherine Zhou of HSBC about the bank’s work in the metaverse.
Video: JP Morgan at Sibos 2022 – Digital payments trends in EMEA
We chat with Sara Castellano of JP Morgan Payments about digital payments trends in the EMEA region.
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.
Video: BIAN at Sibos 2022 – Driving coreless banking
We speak with BIAN’s Hans Tesselaar about the future of coreless banking.
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.
Video: iGTB at Sibos 2022 – The consumerisation of commercial banking
We speak with Uppili Srinivasan of iGTB about how the firm is helping banks meet customer demands.
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.
HSBC turns to Trade Ledger for digital receivables finance capability
HSBC’s approval process for new receivables finance (RF) customers went from two months to two days.
Video: Lloyds Bank at Sibos 2022 – Tackling trade finance challenges
We speak with Lloyds Bank’s Merisa Lee Gimpel about the challenges facing trade finance.
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: 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.
LatAm paytech Kushki acquires Mexico’s Billpocket
Kushki says Billpocket will help it grow its paytech business threefold in Mexico.
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.
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.
Taiwan’s Taichung Commercial Bank to acquire American Continental for $82m
The transaction is expected to close in the first quarter of 2023, subject to regulatory approvals.
Banking Technology Magazine October 2022 issue out now
Cover story: INVESTING IN THE FUTURE – Putting money in the right places.
