French business banking firm Qonto snaps up German fintech Penta
The acquisition is expected to close in the next few weeks.
Corporate & Commercial Banking
BNP Paribas partners fintechs to develop digital asset custody offering
The new combined solution will allow clients to issue, transfer and securely keep regulated digital assets.
Deutsche Bank partners Abbove for wealth management services in Belgium
Abbove says the partnership marks another step in the wealthtech’s private banking development strategy.
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.
Digital challenger Zand lands banking licence from UAE central bank
The newly-licensed bank marked the occasion by welcoming its first corporate customers.
Yoma Bank taps Compass Plus Technologies for time-to-market upgrade
Myanmar’s Yoma Bank has replaced its in-house processing centre with Compass Plus’ TranzAxis.
Arab Tunisian Bank live with Temenos’ core banking tech
ATB has migrated its retail and corporate banking business onto Temenos’ core banking system.
Intesa Sanpaolo sells Croatian merchant acquiring business to Nexi
The €180m deal forms part of a broader multi-year partnership in the merchant acquiring space.
Santander Mexico CEO Héctor Grisi to lead banking multinational in 2023
He will replace José Antonio Álvarez as group CEO next year, following a transition period.
Digital banking should be the cornerstone of every small business’ tech strategy
Embracing digital banking has aided small businesses through the early stages of economic recovery.
Money 20/20 Europe: How is the rise of fintech transforming the next generation of banking?
Kahina Van Dyke believes the biggest shift in legacy financial services is learning to unlock human potential.
Congratulations to the Banking Tech Awards USA 2022 winners!
Take a look at the 2022 Banking Tech Awards winners
First Bank partners Finzly to offer payments services to business customers
First Bank says Finzly’s Payment Hub “gives us the speed and agility to offer a fintech-like payment experience”.
US fintech Bond teams up with Evolve Bank & Trust for BaaS offering
The partnership will offer new debit and credit card capabilities for businesses and consumers.
BNP Paribas invests in fintech-focused VC firm Anthemis
BNP Paribas’ head of global markets Olivier Otsy says Anthemis has a “strong track record” in fintech investments.
Form3 partners Goldman Sachs TxB to launch FX solution
Form3 CEO says the partnership with Goldman Sachs TxB forms part of the company’s growth strategy.
Video: FinTech Futures attends FinovateEurope
FinTech Futures attended the FinovateEurope conference in London on 22-23 March 2022, take a look at our highlights video below.
Mike Regnier takes the reins as new Santander UK CEO
Regnier joins Santander from Yorkshire Building Society, where he was CEO since 2017.
Goldman Sachs snaps up retirement robo-advisor NextCapital
The transaction is expected to be completed in the second half of 2022.
Deutsche Börse acquires Luxembourg-based fund data specialist Kneip
Kneip provides fund data management and regulatory reporting solutions for the asset management industry.
Shortlist announced for Banking Tech Awards USA 2022
Congratulations to all of this year’s finalists.
FinTech Futures: Top five stories of the week – 25 March 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
What the FinTech? | S.3 Episode 3 | Lending a hand
In this episode, we’re joined by Bill Verhelle, CEO and founder of QuickFi.
Banking Tech Awards 2022 now open for nominations
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
Canada’s TD Bank snaps up First Horizon for $13.4bn in US expansion push
The combined entity will become a top six US bank, serving 10.7 million customers across 22 states.
BNY Mellon first GSIB to integrate Chainalysis crypto compliance software
BNY Mellon is building a multi-asset digital custody and admin platform for traditional and digital assets.
Extended deadline announced for Banking Tech Awards USA 2022
The new deadline for nominations is now Friday, 4 March 2022. Apply today!
Standard Chartered’s SC Ventures launches supply chain finance platform
SC Ventures says TASConnect will unlock “significant value” for organisations.
One week until nomination deadline for Banking Tech Awards USA
The deadline for nominations is Friday 18 February.
Digital acceleration shines a light on new challenges facing small businesses
The search for adequate SME funding and opportunities to minimise costs are at an all-time high.
UBS agrees $1.4bn deal to acquire wealth management platform Wealthfront
Millennial and Gen Z-focused Wealthfront caters to “the next generation of investors”.
JP Morgan acquires 49% stake in European SME paytech Viva Wallet
JP Morgan says Viva Wallet is a “natural fit” for its payments business.
White paper: Customer experience in the new reality – challenges for banking ecosystems
Learn what your business customers’ needs are in the new digital reality and how to respond to them.
Change at the top for Credit Suisse as Horta-Osório resigns as chairman
Horta-Osório resigns after it was found he broke Swiss and UK Covid-19 isolation rules.
House of Lords committee says UK digital pound is “solution in search of a problem”
The Economic Affairs Committee cited financial, privacy and data concerns over UK CBDC.
UK’s Financial Conduct Authority hands out £568m worth of fines in 2021
The scrutiny of large financial services giants formed part of the FCA’s broader strategy.
USDF Consortium launches to develop and promote bank-minted stablecoin
The FDIC-insured banks want to “unlock the financial opportunities” of blockchain technology.
SIX, BIS and SNB conduct CBDC core banking integration test
Citi, Credit Suisse, Goldman Sachs, Hypothekarbank Lenzburg and UBS also took part in the experiment.
French fintech Qonto secures €486m Series D funding to boost European growth
The bumper funding round takes the start-up’s valuation to €4.4 billion.
