Banking Tech Awards 2022 Winner: Finova – the mortgage market is in a tangle & we need new tools to fix it
Combine algorithmic price optimisation with powerful ML techniques, and you’ll have a robust tool for performance analytics.
Data & Analytics
ICYMI fintech funding round-up: Stubben Edge, Elementaryb and Bud
A handy round-up of the recent funding endeavours of fintech companies across the globe.
South African digital lender Lulalend bags $35m Series B
Lulalend will look to increase its loan book size and develop new products.
Liberis lands €30m in debt financing from Silicon Valley Bank UK
The funding will support Liberis’ targeted expansion across the Nordics and Europe.
UK fintech Raylo bags £110m debt financing facility
Raylo provides consumers with “affordable” access to tech products on a monthly subscription basis.
Fujitsu and Mizuho Bank partner for ESG data management project
The new service will visualise CO2 emissions across supply chains and help customers move towards de-carbonisation.
As uncertainty continues, financial institutions must provide revitalised client-first approaches
While we may be facing much ambiguity in 2023, there has never been a greater opportunity to innovate.
Data management platform Finbourne lands £30m debt facility with Kreos
The debt facility constitutes an extension to Finbourne’s Series A funding held in April 2021.
Turkey’s Quick Finans taps Provenir for data and risk decisioning platform
Quick Finans selected Provenir’s tech to enhance its customer onboarding process.
Don’t click this link: how authID aims to protect you from yourself
AuthID leverages the “human factor” to remediate today’s social engineering attacks, CEO Tom Thimot says.
Why 2023 is time for us to tackle financial crime properly
The impact of financial crime continues to be severe, but 2023 could be a breakthrough year.
FinTech Futures Jobs: If you want to become a leader, become a feedback magnet first
Explore thousands of open roles on the Fintech Futures Job Board today.
Finora Bank taps regtech iDenfy for automated customer onboarding
The partnership will help Finora Bank manage fraud risks and gain insights into its financial operations.
Corlytics acquires regulatory lifecycle platform ING SparQ in €5m deal
Corlytics’ CEO John Byrne says the deal “sets the runway for further strategic acquisitions”.
Video: Envestnet at Money20/20 USA – Harnessing data to improve financial wellness
We chat with Farouk Ferchichi and Eric Jamison of Envestnet about the importance of data aggregation.
Freedom Finance names Richard Parfitt head of data science
Parfitt will be tasked with leading Freedom Finance’s data products initiative.
FCA greenlights Nova Credit to provide credit references for new arrivals
Nova Passport collates cross-border credit bureau data to help businesses underwrite new-to-country individuals.
Wealthtech start-up Equipped appoints Edward Green as CEO
Equipped is a UK-based provider of analytics solutions for alternative asset management firms.
UK fintech investment & funding round-up: Alveo, Detected, & London House Exchange
A handy round-up of UK fintechs that are the latest lucky recipients of funding.
FinTech Futures Jobs: Is procrastination killing your work ethic?
Explore thousands of open roles on the Fintech Futures Job Board today.
Data automation platform Xceptor names Michiel Verhoeven as new CEO
Verhoeven, currently managing director of SAP UK and Ireland, will assume the role on 3 April 2023.
US fintech Arcus Partners appoints new CTO, Saurabh Bhole
Bhole will be tasked with leading the further development of the company’s Finity360 product suite.
Payoneer names former Webster Bank exec Bea Ordonez as next CFO
Ordonez will assume the role of CFO once current CFO Michael Levine steps down in March.
The Nottingham names Gareth Hagger-Johnson as its first director of data strategy
Hagger-Johnson will be tasked with developing a new data and insights framework for the firm.
Get recognition at this year’s Banking Tech Awards USA
Nominations for the 2023 awards are now open – apply today!
Nexi taps IBM to upgrade core payments infrastructure
Nexi will utilise the tech giant’s IBM z16 and IBM Storage System offerings.
Callsign’s chief commercial and strategy officer Amir Nooriala leaves
Nooriala says he is “taking a step back from day-to-day operational roles in tech start-up land”.
Cognizant names former Infosys president Ravi Kumar as new CEO
Kumar succeeds Brian Humphries, who will remain at the firm until 15 March to facilitate a “smooth transition”.
Banking on youth: How can banks and fintechs maximise the opportunity around junior accounts?
Looking for competitive analysis and comprehensive on the junior accounts and child-oriented money apps? We have it!
Pagaya buys Darwin Homes to capitalise on rental market
Post-acquisition, Pagaya and Darwin’s SFR business now operates in more than 30 markets across the US.
Israeli trade financing start-up 40Seas raises $111m
40Seas offers financing for SMEs involved in global commerce.
2023: the final countdown for incumbents versus challengers
If incumbents fail to adapt in 2023, challengers could gain the lion’s share of the market once and for all.
FinTech Futures: Top five stories of the week – 13 January 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FinTech Futures Jobs: Did you know a real person might not be reading your CV?
Explore thousands of open roles on the Fintech Futures Job Board today.
JP Morgan sues Frank founder for allegedly inflating user figures
JP Morgan acquired the student loan application fintech for $175 million in 2021.
Automated intelligence regtech Cube acquires The Hub
Cube’s CEO says the deal marks the first in what is expected to be a series of acquisitions.
Swiss payment app Twint taps NetGuardians for fraud prevention boost
Software leverages behavioural analytics, machine learning and artificial intelligence to detect anomalous payments.
The art of preventing APP scams
Banks need to leverage more insights from more data to effectively prevent APP scams.
Digital resilience being taxed by tools? Time for a DevSecOps platform strategy
Firms’ DevOps practices are underperforming at precisely the time they must up their game on resilience.
IDC report: New data sources and innovative AI redefining the business of lending
How technology advancements and new data sources, including alternative data, are pushing the boundaries of borrowing.
