NatWest CDO Frans Woelders set for Danske Bank move
Woelders will join former colleague Chris Vogelzang at the Danish banking group.
Digital
The allure of omnichannel: New functionality, seamless SMB journeys
With the right software in place, the ATM can play a new role.
Three digital transformation lessons wealth management firms can learn from luxury fashion brands
Build online trust with customers and identify ways to replicate the offline experience.
JP Morgan hires Capital One’s Gill Haus to lead digital technology
Gill Haus starts this week as head of digital technology for the consumer bank.
PayPal migrates “key” infrastructure to Google’s new Salt Lake City data centre
Google Cloud now has 22 data centers across the globe.
Canadian challenger Neo Financial plans 2020 launch
Neo plans a credit card and rewards-based savings.
Silicon Valley, London… New Zealand: Why this emerging fintech hub shouldn’t be overlooked
The country’s emerging tech scene is much bigger than you might expect.
PPRO gives Europe’s merchants access to Chinese shoppers with UnionPay
The Chinese ecommerce market is currently valued at more than $1 trillion.
UK paytech Checkout.com buys French start-up ProcessOut
Checkout.com buys another module in the payments process.
UniCredit finds two new partners in Tel Aviv’s PayKey and equensWorldline
PayKey is a social app payments integrator, and equensWorldline a pan-European payments processor.
Monese set to make 30 employees into millionaires
This is expected after its next fundraise which will value the neobank at £1bn.
Poland’s digital banking provider Efigence talks private over public cloud
“Banks don’t want to invest in infrastructure when they don’t need it,” says CTO.
bunq CEO: “It’s a marathon not a sprint, we run our own race”
“I like to think of myself as a simple entrepreneur,” says Niknam.
South African fintech Jumo raises $55m to fuel geographic expansion
Jumo plans to break into both Cote d’Ivoire and India in 2020.
New Zealand’s central bank launches new market infrastructure with Italy’s Sia
“The extent of change is significant,” says RBNZ, which is deploying to 57 banks.
The financial services technical “Grand Design”
A financial services organisation must plan and design what it will look like.
Open Banking home finance start-up Youtility raises £4.5 million
Venture funding round to be used on new products and new hires.
Lloyds, Virgin Money and Direct Line announce fresh job cuts
The three firms blame changing customer behaviour for the downsizing.
UK fintech B-Social raises £7.8m ahead of ‘Kroo’ rebrand
The fintech has “significantly progressed” with its pre-application for a UK bank licence
Europe’s joint largest fintech start-up Klarna reports its first annual loss
The operational loss is down to its US expansion and its set up of a Berlin-based tech hub.
How Ripple and Azimo are using XRP for remittances in the Philippines
Azimo and Ripple speak to FinTech Futures about their new partnership.
ConsenSys-backed start-up Apex:E3 launches analytics platform
Initially focusing on digital assets, the fintech will branch out to more traditional asset classes in the future.
Tonik digital bank raises $6m as it gears up for launch
It’s set to be the first of its kind in the country.
SimCorp picks GlobalLogic to refit Dimension on the cloud
SimCorp sees cloud as an important investment for Dimension.
Canada’s RBC to create US digital bank for “super-affluent” consumers
It will arrive in the US later in 2020 or early next year.
TripActions lands $500m credit facility from SVB, Goldman and Comerica
TripActions Liquid will float an employees’ travel spend.
Malaysia’s biggest telco Axiata reveals plans to bag digital banking license
The country’s central bank announced its plans in December to issue up to five licences.
The impact of COVID-19 on the Chinese market
The effects of the coronavirus on the local fintech market isn’t all negative.
Achieving reconciliation maturity will be easier in the decade of data
Financial professionals feel more comfortable entrusting their data to the cloud.
Revolut bags $500m from TCV to drive daily account usage
The challenger wants to “accelerate daily usage of accounts”.
Banks rely on big bang system replacements to cope with real-time demand
An evolving customer base demands accelerated time-to-market, says Oracle’s Vikram Gupta.
Sogexia nabs Luxembourg licence, starts migrating 180k UK customers
Neobank mitigates Brexit impact with new EU payment licence.
Data firm Akoya spun out as independent company by FMR
Akoya goes it alone after less than a year under FMR umbrella.
Three top tips to combat visual hacking
Make it hard for screens to be viewed, consider installing privacy filters and other points.
JP Morgan plans launch of digital consumer bank in UK
The US bank has been in discussions with UK financial regulators.
Central bank of Brazil plans launch of QR-based instant payments system PIX
All banks with more than 500,000 customers will have to use the new system.
WeChat Pay boosts UAE footprint with Network International
Network International partners now able to connect to WeChat Pay.
Credit card start-up Tribal Credit secures $5.5m in seed funding
New firm aims to help start-ups in emerging markets.
US gets new challenger Level Bank by Zero creators
CEO Bryce Galen says the new venture has “the highest APY-deposit account in the US”.
How APIs overcome the challenges of digital transformation
No transformation is pain-free.
