Patch Homes rebrands to Noah & offers assistance for homeowners
It’s offering all new customers $1,000 at closing and waiving fees for existing customers.
Digital
Pleo offers new customers free services until July amid coronavirus
“With this uncertainty set to rumble on […] Pleo wanted to do something to help.”
The need to offer personalisation in financial research
It needs to be disseminated in a customised manner to provide personalised insights for clients.
Canadian financial planner Finally to launch in May
“People don’t want to tell strangers how bad they’re doing with their finances,” says founder.
N26 expects 70% of bank branches to disappear in 10 years
The coronavirus is accelerating a permanent change in consumer behaviour, says N26.
UK auto-saving app Chip lands authorisation from FCA
The app has seen an influx of savers using its platform as of late.
Love in the time of COVID-19
Amazing teams have teams that care. That’s how leadership works. It’s a team sport.
Australian telco ZipTel buys up challenger bank Douugh
Douugh uses AI to help customers get better insights on their money.
Brex acquires trio of San Francisco start-ups
Neji, Landria, and Compose Labs all brought under the Brex umbrella
Dublin start-up My Money Jar lands investment from Enterprise Ireland
The fintech has raised a total of $1.4 million.
Russia’s PM introduces new bill for fintech sandboxes
These new sandboxes will be subject to lighter regulations.
Coronavirus crisis forces the EU to redraw its digital strategy
Working remotely is also causing considerable strain on the EU’s IT system.
Survey: Corporate Banking & APIs – the state of play
Are there concrete API plans and strategies in place? We’d greatly appreciate your input in this survey.
Draft coronavirus stimulus bill considers ‘digital dollar’ to help unbanked
House Democrats have drafted a bill which, if enacted, would create a ‘digital dollar’.
A look under the hood of ABN Amro’s internal Covid-19 operations
The bank admits there were some VPN teething issues.
Erste Bank Hungary integrates OneSpan into mobile banking
The bank hopes to keep transactions secure and comply with PSD2.
Aussie challenger Xinja lands $255m from Emirates’ World Investments
Xinja will receive the bulk of the investment over 24 months.
Hong Kong’s first virtual bank opens its digital doors
Za Bank launches with incumbent-challenging interest rate.
Revolut heads stateside with US launch
The London-based unicorn expands to North America.
UK contactless limit raised to £45 to prevent coronavirus cash handling
“The changes were already under consideration by the industry,” says UK Finance
Jumia steps in to assist Africa amid rising coronavirus numbers
Jumia will help various African governments distribute masks to hospitals.
HSBC joins Alibaba to offer Hong Kong’s online merchants quick loans
This is the first time HSBC will use third-party data to approve trade finance loans.
Fronted, 11:FS and Credit Kudos create ‘Covid Credit’ for self-employed
Covid Credit uses open banking data to help the self-employed get income relief.
National Bank of Canada migrates Murex system to Amazon Web Services
Major Canadian bank shifts MX.3 to the Amazon cloud.
Will Asia’s Big Tech European expansion stick?
Asia’s mega funding rounds make Europe’s look like child play.
Are enhanced security procedures more important than faster payments?
The industry is doing all it can to fulfil the SCA requirements laid out by the EBA.
World Bank issues $300m loan to boost Indonesian financial sector
International bank seeks to support Indonesian fintech and banks.
Goldman Sachs becomes part of SAP’s Ariba Network
More than 4.6 million companies make up the Ariba Network.
Path Solutions signs Somalian challenger MyBank for iMAL core
Path Solutions says it now has a “stronger focus” on the Somali market.
ID Finance’s revenues hit $86.6m across Spain, Brazil and Mexico
“Despite macroeconomic volatility, the company plans to continue its growth,” says CEO.
The accounts payable e-guide, vol. 1 – no pain, no gain?
Addressing ways to streamline the accounts payable process with digital integrations.
Video: Top fintech stories this week – 20 March 2020
FinTech Futures’ weekly news round-up.
FinTech Futures update: business as usual
Our team is here to help the market navigate today’s challenging business landscape.
Wirecard expands ecommerce partnership with WeChat Pay
European merchants can integrate WeChat Pay “in just a few minutes”.
Mastercard set to propel bunq’s Green Card throughout Europe
The cards have seen a CO2 reduction of roughly 30.8 million kg so far.
Video: Hot-seat with Steven Marshall, CCO of Crown Agents Bank
He reveals how a legacy institution can stay relevant and adapt in this digital wave.
MatchMove applies for one of Singapore’s full digital bank licences
The company has teamed up with three other bidders.
Ask the expert: what can I do to ensure my fintech is protected during these challenging times?
As a growing a fintech, you’ve worked hard to get to where you are. You mustn’t let momentum slow.
Disrupting small business banking
I think what we (business owners) really want is an experience driven bank.
Stress testing: Turning an obligation into an opportunity
Challenges can be mitigated through greater automation and enhanced data management.
