Jumio discusses the importance of video-based identity verification
“With video, we can reduce onboarding time from days and hours to minutes.”
Digital
If consumers welcome new payment options, why are they slow to adopt them?
The world of payments continues to evolve, but are consumers evolving with it?
Santander to pay €100m for Wirecard’s core European business
The deal means the bank can expand its payment solution across Europe, says Santander’s CEO.
MSU Federal Credit Union built its own app in 2009 – where is it now?
MSU holds around $5.5 billion in assets and is America’s 48th largest credit union.
United Fintech launches in UK and acquires NetDania
Danish fintech NetDania supplies forex and trading technology and data.
SBM Bank India plans challenger for emerging affluent market
SBM is partnering up with PayNearby for its initial stages.
French telecoms firm launches prospective challenger bank
Noelse is still in the very early stages of development.
Innovation in Retail Banking Report 2020
Responses from 750+ senior bankers the world over with a focus on adapting to changes brought on by COVID-19.
PayNearby turning India’s small-time retailers into ATMs and bank branches
“I wanted to take high-end tech to the bottom of the pyramid,” says CEO.
Coconut searching for new CTO
Allistair Crossley leaves after three and a half years at the fintech.
Uber plans return to financial services with hires “across the board”
The firm is “not ready to announce anything yet”.
How fintechs profit from human potential
The education industry is keeping pace with offering ever more options for postgraduate education.
Report: Three key strategies for customer experience success
In-depth industry report on customer experience, featuring expert insights from Mettle, HSBC & Northwestern Mutual.
Video: Top fintech stories this week – 13 November 2020
FinTech Futures’ weekly news round-up.
Keyrock raises €4.2m to develop digital assets liquidity solution
Brussels-based firm will use cash to accelerate its product offering.
Standard Chartered signs five-year cloud deal with AWS
The bank deepens its relationship with cloud hosting giant.
Banking Technology November 2020 issue out now
Without limits: The Barclays accelerator races ahead
Neobanks may have lost their shine, but the fintech revolution is far from over
Now, a few years on from what seemed like an unstoppable rise, things aren’t quite so rosy.
Fintech execs race towards workplace diversity
Divido’s Christer Holloman launches Fintech Finishers to raise D&I awareness.
Grab leads $100m investment in Indonesian e-wallet LinkAja
Singaporean fintech begins investment project in Indonesia.
Nigerian challenger bank Kuda raises $10m in seed funding
Kuda completes the largest seed round in Africa.
South Korean payments provider Danal to accept crypto
The payments provider will accept digital currencies via ICON’s blockchain ecosystem.
Banco Santander’s VC arm invests in Spanish proptech Clikalia
Clikalia’s IPO ambitions were likely a big part of Santander’s decision to invest now.
Let them eat cake
The pay-off in building a bank for the future vs the short-term gains of playing it safe is worth every single bite.
Sber talks Big Tech strategy two years on from Yandex rebuff
“People think we just bought a load of start-ups and slapped our name on them,” says CTO.
UK government signs London fintech Judopay for digital payments
“Everything from tax payments to donations to charities” come under the deal.
Trulioo hires Leigh Ramsden as new CFO
Former Absolute Software man joins up with Trulioo next week.
Webinar: Winning over senior management with a low-code approach to digital transformation
Real use cases for low-code and why using it for in-house development is a viable alternative to using third-party products.
ING subsidiary Payvision accused of pushing €131.2m in fraudulent payments
ING acknowledges the claim, but cannot comment further at this time.
HSBC launches Global Money account in US to rival fintechs
The bank’s aim behind the new service is to create “one global account”.
EXCLUSIVE: Bank of Ireland planning UK tech revamp
Irish lender aiming to switch things up for its UK operations.
WhatsApp Pay finally gets green light from Indian regulators
The launch has been delayed for years since its beta testing in 2018.
Three UK fintechs raise over $100m in funding this month
Starling, Curve and GoCardless are raising rounds in excess of $100m.
Hong Kong and China pair up on digital currency experiment
The two have joined with Thailand to promote commerce in Southeast Asia.
US fintech lender Upstart Holdings files for IPO
To date, the fintech has raised some $165 million in funding.
Banco Santander & CaixaBank back Spanish digital identity project
The project is calling for further partners to join the project to boost overall usage in Spain.
Breaking down banks
Any one of these layers may have its own technical architecture or even be a separate business.
ING pumps brakes on digital banking plans, plans 1,000 job cuts
Dutch bank forced to pull back on widespread CX changes after €140m already spent.
Lloyds plans 1,040 job cuts to back office support staff
The figure brings Lloyds’s total cuts to 1,900 this year.
Barclays gets 198 applications for Black founder tech accelerator
“I recognised there was more that we could do, and my employer completely backed me.”
