NatWest shutters three-year-old fintech lender Esme Loans
Esme Loans enjoyed a London Tube advertising campaign for a time.
Banking
ICYMI funding round-up: Exabel, ClearGlass, Cheese, Flowcast & more
Plenty of funding rounds may have slipped you by this week.
Atom Bank to close funding round at half its 2019 valuation
One of Atom’s largest shareholders isn’t able to participate in the sale.
Women in fintech: Clipped wings, part-time stigma & ignorant assumptions
Women highlight gender bias in the financial services workplace.
HSBC goes live with Demica system for trade receivables
Selection to deployment took the two firms just over a year.
M1 Finance completes $75m Series D funding round
Chicagoan “super app” gains new funding just months after last round.
Banking’s long road to BaaS
The opportunity for BaaS is huge and compelling, but the journey to get there is long and complex.
Banking Tech Awards 2020 Winner: Yolt – Best Mobile Initiative
Yolt’s new mobile app: nudge techniques, open banking and smarter personal finance.
Crédit du Maroc in core banking and payments tech overhaul with Temenos
Crédit du Maroc will implement Temenos Transact and Temenos Payments.
YAP throws hat into UAE’s digital banking ring
The start-up’s partner is National Bank of Ras Al Khaimah.
Idman Community Bank opts for BML Istisharat’s ICBS core banking system
The bank was looking for “a proven banking solution to be implemented by a reliable vendor”.
SoFi to acquire Golden Pacific Bancorp in $22m quest for US bank charter
US fintech switches tactics to nab an existing licence.
Women in fintech: “Aggressive” feedback, revealing audits and dress up comments
Women in fintech share their experiences of gender bias.
Suez Canal Bank extends Temenos partnership with Infinity deal
The bank is an existing user of Temenos’ core banking platform.
Santander picks Planixs tech to power liquidity management
Spanish multinational to deploy Planixs’ Realti system.
PayPal buys Israeli crypto wallet Curv for its new blockchain unit
PayPal expects the acquisition to close in the first half of 2021.
Aion Bank acquires robo-advisor ETFmatic
London-based robo-advisor ETFmatic has been Aion Bank’s partner for a year.
KYC: a revolution towards positive change
I realise I had to work twice as hard to break through some of the glass barriers, perceptions and biases.
Banking Tech Awards 2020 Winners: Strands – Best Open Banking Solution
Opening up banking and account aggregation services.
Flagstar Bank suffers data breach as employee data posted online
A zero-day vulnerability left Flagstar’s data exposed to cybercriminals.
OBR doubts impact of UK’s new infrastructure bank
The UKIB is a third of the financing provided by the European Investment Bank (EIB).
UK’s CMA launches consultation into OBIE successor
The CMA asks firms to send in suggestions before 29 March.
Dozens hires new CTO from energy firm Kingo
Peter Kasprowicz is a “rare” direct hire from the Guatemalan firm
Minu raises $14m to provide on-demand salary payments in Mexico
Minu has raised $20 million since 2019, and plans an expansion in its home country.
Looking after the health of your ATM fleet in a futuristic way
Setting a new standard for banking self-service solution performance.
Starling raises £272m to land unicorn status with £1.1bn valuation
The capital will boost Starling’s lending, launch Starling in Europe, and underpin M&A.
Women in fintech: Skewed numbers, vain assumptions, and investor bias
FinTech Futures has gathered insights from women across the global fintech industry.
International cash transfer app Rewire lands $20m led by OurCrowd
Jerry Yang, former Yahoo! CEO and director at Alibaba, also invested.
Crealogix boosts executive team with three new hires
Thomas Roth, Michael Radic, and Sebastian Krahe all join.
Canadian Western Bank deploys new Temenos SME product
CWB extends a partnership with Temenos that stretched back to 2012.
ATON picks Profile Software’s Axia to digitise its front office
Axia is deploying on top of ATON’s in-house system.
Tackling unconscious gender biases in wealth management
Yaela Shamberg, co-founder and CPO at InvestCloud shares her thoughts on gender equality.
Banking Tech Awards 2020 Winner: Infopro – Best Core Banking Solution Provider
Infopro Digital Banking “moves core banking into the next generation”, says CEO
Video: Top fintech stories this week – 05 March 2021
FinTech Futures’ weekly news round-up.
What the Fintech? | S.2 Episode 6 | Open banking on the loose
Discussing all things open banking with Pablo Reyes, director of technology at Strands.
Budget 2021: The fintech industry reacts
We asked key market participants what they thought of the UK Chancellor’s budget.
Greensill in crisis as regulators step in to freeze payments
BaFin ordered Greensill’s Bremen-based bank subsidiary to freeze all payments.
M&S Bank closing all bank accounts and 29 in-store branches
M&S has moved towards retail-focused solutions in recent times.
Landesbank Saar signs BearingPoint RegTech for SFTR compliance
Franco-German bank to deploy Abacus/Transactions platform.
ING-backed Countingup lands £9.1m Series A with help of new investor Sage
The fintech has acquired 14,000 customers in the last 12 months.
