Australia’s ANZ snaps up Suncorp Bank in $3.3bn deal
ANZ CEO Shayne Elliott says the acquisition is a “cornerstone investment” for the firm.
Banking
Digital banking tech firm Apiture lands $29m funding
The investment brings the company’s total funding raised since its inception in 2017 to $69 million.
FCA tells banks to treat struggling small business borrowers fairly
The move comes as part of the regulator’s work in response to the increasing cost of living.
Skilling initiatives pivotal for the growth of women nanopreneurs in rural India
Skilling initiatives can bring rural women in India into the financial system.
FinTech Futures Jobs: How to deal with rejection during the job hunt
The process of applying for a job is stressful and often exhausting – but don’t feel disheartened.
FinTech Futures: Top five stories of the week – 15 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A2A paytech Volt hires Stuart Barclay as new VP of strategy
Barclay joins from Swedish open banking unicorn Trustly.
How Zolve is helping US immigrants land on their feet
Zolve helps immigrants accelerate their financial health through products that build wealth in the long run.
Banking Technology Magazine July / August 2022 issue out now
Cover story: MAKING THE DREAM WORK – Helping Ukraine in a planet-friendly way.
Neobank Kinly taps open finance fintech MX for data aggregation solutions
Kinly says it will leverage clean data and personalised financial alerts from MX to help Black American communities.
A witch hunt after all
Championing diversity and inclusion should be everyone’s responsibility.
Australia’s first Islamic bank receives restricted banking licence
The bank has received a restricted ADI licence from the APRA.
Recognise Bank taps TruNarrative for digital customer onboarding solution
The RiskNarrative platform will digitise a number of AML and KYC processes via a single API.
Crédit Agricole builds its own fintechs
Crédit Agricole launched a start-up studio, La Fabrique, to build its own fintechs and disrupt the sector.
Creditas lands $50m Series F extension, acquires Andbank’s Brazilian banking licence
Firm hopes new licence will help diversify its sources of funding and grow its portfolio of credit products.
ING spins out digital post-trade market infrastructure tech to GMEX Group
GMEX intends to combine Pyctor with its MultiHub offering.
Less than two weeks until nomination deadline for Banking Tech Awards 2022
The deadline for nominations for the Banking Tech Awards 2022 is Friday 22 July.
Mambu partners Visa for end-to-end card issuing and processing
The company is developing an integration with Visa DPS.
Sid Jajodia appointed as Revolut’s new US CEO
Jajodia joined Revolut as chief banking officer in 2021 and will continue in this role alongside his new position.
Why central banks need to engage the private sector on CBDCs
Companies can help policymakers evaluate technology choices and design incentives to foster innovation and competition.
FinTech Futures Jobs: Five reasons you might not be getting a job interview
Here are five strategies to follow to boost your chances of getting a job interview.
Banking Tech Awards 2022 – call for judges
Join the judging panel for the Banking Tech Awards and be in great company of industry experts!
Linkbancorp taps Jack Henry for digital banking and lending upgrade
Linkbancorp will look to utilise Jack Henry’s Banno Digital Platform and LoanVantage offerings.
US fintech funding round-up: Stake, Finli, Crescent and OpenFin
Our weekly round-up for you to get the latest fintech funding news from the US.
UAE’s YAP secures $41m to support continued expansion
Start-up says the funding will support expansion into Saudi Arabia, Pakistan, Ghana and Egypt.
Bank of Mauritius in tech overhaul with Intellect Design Arena
Intellect Design Arena will implement its Intellect Quantum system at the central bank.
Playing the game you’re in
If we all see that the game is broken, maybe it’s time we change the game.
Digital challenger Zand lands banking licence from UAE central bank
The newly-licensed bank marked the occasion by welcoming its first corporate customers.
Worldline completes acquisition of Eurobank’s merchant acquiring business in Greece
As part of a joint venture with Eurobank, Worldline will hold an 80% stake in the new company.
Banking Tech Awards USA 2022 Winner: Freddie Mac – Best UX/CX in Finance Initiative
Get Clarity into mortgage credit risk investing through Freddie Mac.
Congratulations to the PayTech Awards 2022 winners!
The winners and highly commended were announced in a ceremony at the Merchant Taylors’ Hall in London.
NPP Australia rolls out new digital payments solution, PayTo
NPP Australia has been working with the financial services industry to develop the PayTo service.
Oxbury Bank lands £20m in additional funding
The new cash injection takes the firm’s total capital raised to £68 million.
FCA proposes updated guidance to protect access to banking services
Banks and building societies will have to assess the impact of any reduction in the services they provide.
WTH are ZKPs? Making blockchain transactions private
In order to gain or have mainstream adoption of blockchain tech, it needs to be private.
Lead Bank creates new BaaS position, appoints industry veteran Huma Usmani
In her new role, Usmani will focus on expanding the bank’s network of fintech partnerships.
The Bank of London hires new co-president and group chief product officer
Tam Holmes joins from 10x Banking where he spent five years.
How banks can protect customers from impersonation fraud
Figures from UK Finance reveal impersonation fraud cases have surged by 300% in the last year.
FinTech Futures Jobs: Are you paying a loyalty tax at work?
Find your next fintech career move on the FinTech Futures job board today.
Daxsen Group to launch new digital bank in Ecuador
Daxsen Bank intends to reduce operational and transactional costs to “revolutionise” the country’s banking sector.
