Fintech can’t tackle financial services without tackling its diversity problem
Not only was the gender homogeneity disheartening, it’s also a serious problem.
Digital
Trump’s COVID-19 stimulus plan needs to swap checks for digital dollars
The potential for a CBDC to make such disbursements more efficient and effective is multi-faceted.
Video: Top fintech stories this week – 10 April 2020
FinTech Futures’ weekly news round-up.
Top 10 coronavirus initiatives by fintechs
Many fintechs have used this pandemic as an opportunity to show their mettle.
How selfies can make us all safer
A simple and quick way for consumers to be able to verify the authenticity of ID documents.
App-based payment solutions to delight merchants and their customers
The world of commerce is abuzz with the need to delight customers by providing a digitally enhanced shopping experience.
Making remote working work
This is critical to the continued success of your business in these unprecedented times.
Chime pilots instant $1,200 stimulus check payments
The US government plans to distribute stimulus checks from 13 April.
Cultivate investor platform aims for Silicon Valley in Europe
The new platform founded has been created by venture firm Blossom Capital.
Singapore’s financial regulator unveils $87.8m fintech care package
The package is one of the most fintech-specific aid offerings seen so far.
Fintech Neat lands $11m to help SMEs trade between Asia-Pacific and Europe
The fintech landed Visa as an investor and new card partner.
Transformation in a post apocalyptic world
How do we ensure we are in a better place to serve, deliver, survive in the next Black Swan event?
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
US-based Customers Bank adopts OakNorth’s lending platform
The US bank holds $11.5 billion in assets.
Fifth Third Bank plans 1,000 new roles for COVID-19 jobless
The US bank is hiring across retail banking, mortgages, and operations.
86 400 raises AUD 34 million in Morgan Stanley-led Series A
This brings the total capital raised by 86 400 up to AUD 90 million.
Consumer fintech SoFi to acquire Galileo for $1.2 billion
Both CEOs say now is “the right time” for this deal.
Free Senegal migrates to Comviva to boost mobile money offering
The mobile network operator has 4.4 million subscribers for its digital wallet.
Vodacom and Safaricom finalise M-Pesa acquisition
Joint venture takes control of popular mobile money brand from Vodafone.
EPA considers relaxing chargeback rules amid coronavirus
One EPA member has seen a spike of 14% in chargebacks from UK/ Europe-based merchants.
Funding Options plugs into open banking with 20 lenders
The firm wants to cut down loan decisioning times amid coronavirus urgency.
Curve launches numberless cards for new investors
Fintech claims that it has decluttered its “sleek” new cards.
NatWest’s Mettle gives users access to FreeAgent’s accounting software
User will need to make one transaction per month minimum for the free service.
Westpac’s acting CEO gains full authority as bank gears up COVID-19 response
Peter King will be Westpac’s CEO for at least the next two years.
Coronavirus exposes gaps in innovation
The pandemic has given fintechs a time to shine.
API builder Yapily lands $13m Series A
The capital raise was led by Revolut-backer Lakestar.
HSBC launches mobile onboarding in mainland China
UK-headquartered bank is the first foreign lender to launch mobile onboarding in China.
Sony Bank picks OneSpan for mobile banking security
The Japanese bank secures launch of new banking app.
Exclusive interview: looking beyond the horizon
Fintech Futures talks exclusively to Nationwide’s channel service director, Carole Layzell.
Transforming corporate treasury: What lies ahead and what is the impact of Swift gpi?
For many years multinationals and others have struggled with cross-border payments.
Revolut loses its head of wealth and trading, a former Freetrade co-founder
André Mohamed leaves after 18 months at the challenger bank.
TSB’s online and mobile banking goes down on April Fools
Phone lines were busy and branches weren’t reachable amid lockdown.
UK fintech Tully helps distribute COVID-19 payment relief
The fintech wants to reach two million people in its first eight weeks of launch.
Manchester’s fintech scene needs a homegrown unicorn, says report
Manchester is already home to five homegrown ecommerce unicorns.
Siam Commercial Bank partners Azimo for money transfers from Europe
The Thai bank expands its electronic money services.
How banks’ platform strategies are shaking up the fintech industry
A shift to the digital landscape has not been plain sailing for financial institutions
Flux and Pleo partner to deliver “invisible” expensing tool to UK SMEs
The new co-created tool is set to launch later this year.
The return of humanity in the digital era
He highlights the positive impact of the current situation and how our past was not necessarily better.
The ABCs of eKYC
A how-to guide for online identity verification and eKYC.
Biometric authentication to continue gaining ground in next decade
It’s a known fact, but it’s worth repeating: your personal data is never safe.
