Digital bank Tonik raises $131m, eyes international expansion
Tonik’s Series B equity funding round was led by Japanese banking heavyweight Mizuho Bank.
Banking
Kiwibank taps software firm ACI to boost real-time payments push
The deal will see ACI provide and manage Kiwibank’s digital payment hub.
How long is a piece of string?
No matter who you are or what you’re trying to achieve, it helps to act with urgency, before it becomes urgent.
Transforming payments from a cost centre to a revenue centre
Moving from a tactical to a strategic approach to payment modernisation.
India confirms digital rupee CBDC to debut by 2023
The finance minister announced a raft of digital economy support measures in her Union Budget 2022-23 speech.
Intesa Sanpaolo partners Thought Machine for new digital bank offering
The new digital bank will cater to the 4 million Intesa Sanpaolo customers already utilising digital-first services.
Webinar: Bank customers forgetting their password is safer than having one at all
How a password-less approach to authentication can fully address all the limitations of passwords.
Mos secures $40m Series B funding to drive product expansion
The cash will go towards hiring new staff as Mos looks to maintain its recent growth spurt.
Germany’s Vivid Money raises €100m Series C to turbocharge super-app plans
Vivid Money doubles its valuation in less than a year to €775m.
UR Islamic Bank goes live with new core banking system from ICSFS
The Iraqi bank has selected the ICS Banks Islamic core banking system.
Finding illicit financial transactions by ignoring them
Firms can utilise AI and ML to create analysis models that can better detect suspicious activity.
KeyBank taps Google Cloud for cloud banking operations upgrade
The move will allow KeyBank to speed up the digitisation of its banking processes.
New neobank Coupl set to launch in India
Start-up allows couples to set up joint accounts and manage their money together.
Open Banking Implementation Entity appoints first CEO
Henk Van Hulle joins from the Post Office “to provide strategic, financial, and operational leadership”.
Bank of Baroda taps enterprise tech provider NCR for ATM-as-a-Service solution
The Indian bank says the new ATMs will offer “expanded transaction options via our self-service channel”.
The urgency needed for banks to enter the BNPL space
Banks have an opportunity to get ahead in the BNPL space as authorities introduce new regulations.
White paper: How customer lifecycle intelligence can help every bank & FSI become digital future ready
Brought to you by FullCircl
FinTech Futures Jobs: Three really exciting roles to apply for this week
Exciting open vacancies at Klarna, Xero and Revolut. Apply today!
HSBC partners and invests $100m in Bill Gates-founded green tech accelerator Catalyst
The bank’s chief sustainability officer says green tech needs investment “to become reality”.
UK challenger Monzo opens its doors to US customers
The launch comes four months after Monzo abandoned its attempts to gain a US banking licence.
White paper: Real-time integrated payables – the killer use case for RTP
This extensive report is an update on the state of RTP in the US and the evolving opportunity landscape.
Canadian fintech Koho lands $165m Series D funding
The firm says the investment is one of Canada’s largest fintech funding rounds.
We need to talk about Bob
Digital transformation focuses where it’s high value, but most of banking happens by human intervention.
Banking Technology February 2022 issue out now
Cover story: THE FUTURE CALLS – Three predictions for the year ahead.
Crypto paytech BCB Group acquires software firm LAB577, gains new CTO and COO
LAB577 founder Richard Crook and Farzad Pezeshkpour join BCB Group as COO and CTO, respectively.
US mutual savings bank Mascoma in tech revamp with Thought Machine
“We believe that modern technology is the key to unlocking superior customer service,” says Mascoma CEO.
Banking Tech Awards 2021 Highly Commended: au Jibun Bank – Best UX/CX in Finance Initiative
The importance of supporting investors along their journey and how au Jibun Bank does that.
Monzo warned by CMA over retail banking order breach
The agency says Monzo has taken adequate steps to end the breach and prevent a recurrence.
Garden of Eden: how Africa’s digital transformation promises to boost the continent
Demographics, technology and opportunity have set the stage for Africa to become a global fintech powerhouse.
Fintech start-up destream to launch bank card aimed at internet content creators
Destream says banks often block large payments from donations and platform subscriptions.
Digital bank N26 confirms departure of COO Adrienne Gormley
N26 says Gormley has “played an important role” in scaling its operations division.
The proliferation of digital transformation: from ‘nice to have’ to a necessity for success
Digital transformation has become the benchmark for survival in the financial market.
Video: fintech news pick of the week – UBS, Katana Labs and Walmart
Our top pick of news from the world of finance and tech in bitesize video format, every week.
FinTech Futures Jobs: Three interesting new roles to consider this week
Exciting open vacancies at Starling Bank, Klarna and Crowdcube. Apply today!
Rabobank revamps trade finance ops with Surecomp
Rabobank is fully live with Surecomp’s front- and back-office solutions, allNETT and DOKA-NG.
Crypto paytech BCB Group lands UK blockchain industry’s largest Series A with $60m raise
BCB claims to have processed nearly $100bn worth of payments in just over five years of business.
Fintech start-ups Altpay and Finz Money launch in UK
Both companies are now open for new customers to register.
Philippines’ UnionBank picks Metaco’s Harmonize to manage digital asset operations
Metaco provides security-critical software and infrastructure for the digital asset ecosystem.
Banking on the metaverse
Having a presence in the metaverse seems inevitable, and the best time to understand the possibilities is now.
UBS agrees $1.4bn deal to acquire wealth management platform Wealthfront
Millennial and Gen Z-focused Wealthfront caters to “the next generation of investors”.
