US banks must lose “legacy anchor” to meet customer needs in 2021
The banking landscape in North America is undergoing a fundamental shift.
The banking landscape in North America is undergoing a fundamental shift.
Goldman’s CEO intends to make Marcus a pillar of the US bank’s growth.
A handful of CME’s systems will combine with IHS’ MarkitServ.
Utah-based firm has raised more than $500m since launch.
FinTech Futures’ weekly news round-up.
Affirm managed to halve its losses by June 2020.
Lending firm plans to expand team and grow its products with the substantial raise.
Options looks to expand its product suite.
Jonathan Klein joins the neobank from Wayfair.
The two had initially intended to close the deal by June 2020.
Another 12 credit unions are scheduled to go live with FLEX’s core processing tech in 2021.
Cappitech had provided its platform for Markit’s SFTR system.
Payments processor strips Trump for encouraging violence.
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LettucePay operates on top of Stellar Network, an open source blockchain platform.
The bank is cutting out standalone entities which no longer make sense to operate solo.
The IPO will value SoFi at $8.65 billion.
FinTech Futures’ weekly news round-up.
Cloud core banking vendor has raised over €150m since launch.
Major bank signed up to Cobalt’s network last year.
The conversion occurred entirely virtually.
The round was led by Shopify and Checkout.com backer Insight Partners.
The applications have 45 days to prepare for the ban.
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Mizuho plans a global rollout of Fenergo systems afterwards.
NuPoint is a fully integrated core banking solution.
The start-up announced a $165 million Series D funding round.
Firm now claims to be largest account payable firm in the construction sector.
Runa Capital, S7V, EFG Hermes, and Rucker Park, took part in the investment.
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The broker is eyeing a listing in New York and is already in talks with Goldman Sachs.
Some crypto exchanges have delisted it while others have halted, suspended, or disabled trading for XRP.
Bitcoin hit lows of around $18,700 in early December.
Jamaicans sent $4 billion in electronic payments in 2019.
We run down the most interesting core banking stories from this year.
A number of fintechs have still been tested during COVID-19, some to the brink of collapse.
The fines kept flowing even in a year as turbulent as 2020.
This year has seen several job cut announcements.
Goldman Sachs Group and Citigroup are managing the deal.
Despite COVID-19, the financial sector has still enjoyed some notable M&A deals.