Epiphany CEO: We’re the only “truly open” banking platform in the industry
The CEO says other banking technology providers are “not really open”.
Digital
Nationwide opens API sandbox for mortgage processing
The UK institution has been in contact with a number of third parties.
Paytm raises $1bn in fresh round of funding
Indian payments giant aims to battle the bigtechs
How to land a job in fintech
Expectations for fintech candidates have changed significantly.
Thailand’s SCB set to turn tech divisions into new fintechs
One unit has the potential to be a “unicorn”.
EQ Bank completes cloud-based Temenos core banking project
Bank finalises migration to the Microsoft Azure cloud.
TSB suffers fresh payments glitch
Customers reporting lack of wages as internet banking slows.
Thought Machine becomes Google Cloud partner
Google Cloud is already popular among Thought Machine’s clients.
Cornèr Bank launches first biometric credit card in Switzerland
The credit card will be issued to an initial 100 customers.
Carbon footprint tracker for purchases Enfuce raises €10m
Enfuce is dubbed the biggest fintech start-up in Finland.
Building a digital atelier: How fintechs are disrupting the fashion industry and combating waste
MTO technology can significantly reduce the march of overproduction.
Video: Top fintech stories this week – 22 November 2019
FinTech Future’s weekly news round-up.
CMTI 2019: Capital markets in a “war” with disruptors
Innovators are drawing battle lines that banks need to meet, says panel.
Former ASOS CTO joins Sonovate
Strudwick will oversee product, engineering, infrastructure and data teams.
Caixabank inks deal with Salesforce to bring CRM to digital banking
The companies signed the agreement at Salesforce’s Dreamforce event.
Deutsche Bank already using robots as it gears up to cut 18,000 jobs
AI has “massively increased productivity” for the bank.
Brazil’s Pride Bank says it’s the first LGBTI+ bank in the world
Last year Brazil’s far-right president, Jair Bolsonaro, tried to stop LGBTI+ films.
How blockchain transforms banking and financial services
Who’s adopting this tech and what’s in store for it down the line?
PayPal sweetens e-shopping processing with Honey deal
The acquisition is PayPal’s largest to date.
Money20/20 USA: How Tangerine champions personalised digital banking with Meniga’s tech
From proof-of-concept to market launch, results, and lessons learnt.
Brazil’s digital bank Neon raises $94m led by General Atlantic
Neon currently has 2 million active users.
China’s Ant Financial is actively looking for Singapore banking licence
The Monetary Authority of Singapore (MAS) has five licences on offer.
Tencent-backed Yeahka seeks $300m in Hong Kong IPO
The company aims to seek a listing hearing as soon as February.
Barclays launches 2.0 finger vein scanner with Hitachi for businesses
The new handset is smaller than its predecessor.
OP Financial chooses Nordic API Gateway for open banking
OP Financial is looking for partners focusing on CX, reliability and security.
Tickr plans to raise capital in 2020 to aid its European expansion
The social impact investment platform’s co-founder tells FinTech Futures of its 2020 vision.
Small business lender BlueVine banks $102.5m in Series F funding
The fintech now has $692 million in total funding.
HSBC’s US businesses can send real-time payments, bank launches global CX programme
The payments leverage the RTP network developed by The Clearing House (TCH).
Canada’s online brokerage Questrade plans banking licence
A trademark application was also filed back in October for Quest Bank.
Amica emerges as latest challenger in Indian banking market
The neobank remains in stealth mode for the time being.
Machine learning vs human experience in invoice finance
Be wary of a lender with no human face as there’s always the odd unforeseen complication.
UK mobile-enabled credit card Tymit raises £4m
Users can bundle abroad purchases into one big repayment.
Village Capital and MetLife Foundation selects 11 start-ups for MENA accelerator programme
Finalists from this cohort will receive grant capital totalling $50,000.
SoftBank confirms Yahoo Japan and Line Corp merger to create tech giant
The merger is in a bid to better position the companies against competitors.
Opera-owned OPay raises $120m in Series B funding round
The Nigerian start-up will use the fresh cash to expand in the region.
Sberbank CTO: Banks are ‘no less’ fintech than tech upstarts
“We [the banks] are fintechs,” says Sberbank’s CTO
Swedish neobank Northmill appoints new chief analytics officer from Swedbank
Georges Mansourati spent eleven years at Swedbank.
Explained: The ECB’s role in the banking licence process & UK’s licensing procedures
Cécile Sourbes unpacks the process of licensing in the UK.
Why has Lithuania become a key destination for licensing in Europe?
As part of its newly devised strategy, Lithuania put several tools in place.
Monzo’s COO quits to launch a grocery start-up
The departure of Foster-Carter is the latest in a few personnel changes at Monzo.
