Verizon and Mastercard forge partnership to bring 5G capabilities to payments
Internet of Things (IoT) sensor connectivity will be combined with near real-time edge computing.
Digital
Discover targets BNPL offering with $30m Sezzle investment
The firm plans to launch a BNPL network solution on the Discover Global Network.
UK-listed fintech investor Augmentum raises £55m in latest funding round
The company’s third funding round since its 2018 listing exceeded its original £40m target.
Data extraction start-up Daloopa lands $20m investment led by Credit Suisse
The firm has now raised around $24 million in total.
ECB agrees to move forward to investigation phase of digital euro project
Work will now focus on functional design and prototyping and will involve focus groups.
Classic product placement has had its day
Product placement is easily recognised by the customer and viewed negatively.
AI and machine learning spearheading rapid change in data reconciliations
The industry is moving towards Reconciliations-as-a-Service, says SmartStream’s Robin Hasson.
Video: fintech news pick of the week – Revolut, Lunar and the UK fintech sector
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
M1 Finance secures $150m in SoftBank-led funding round
The firm claims the investment now takes its total valuation to $1.45 billion.
Digital wealth manager Syfe lands $30m Series B funding
The financing comes nine months after its $18.6 million Series A round.
FortisPay appoints three new execs amid C-suite shake-up
The fintech firm has announced a new CEO, CFO and chief integration and information officer.
Lune launches UAE’s first personal finance management app
The company is aiming to improve financial literacy in the region.
Revolut hits $33bn valuation with $800m Series E investment
The round was led by SoftBank’s Vision Fund 2 and Tiger Global.
Railsbank lands $70m investment to drive global expansion
The round follows a $37 million fundraise in November last year.
Fifth Third Bank picks FIS to power digital transformation
The bank will deploy FIS’s Modern Banking Platform (MBP) and Unity Wealth Platform.
Apple reportedly in talks with Goldman Sachs to launch BNPL service
Goldman Sachs has been Apple’s partner for the Apple Card credit card since 2019.
Singapore start-up Bambu acquires investment and trading wealthtech Tradesocio
Bambu plans to tap into Tradesocio’s presence across EMEA and India.
State of play: digital banking platforms
Selecting the right digital banking platform is a lengthy process that requires careful consideration.
Report: The State of Data Reconciliation
Data from 300+ heads of global reconciliation utilities, COOs, heads of financial control and transformation.
RVU snaps up online mortgage broker Mojo
RVU also owns Uswitch, Confused.com and Money.co.uk.
Indian payments start-up MobiKwik targets $255 million raise with IPO
The IPO forms part of the company’s “IPO 2022 campaign”.
International Bank of Somalia partners Visa to launch card payment service
The partnership will enable cashless payments in the country.
Better acquires UK digital mortgage broker Trussle
The deal represents Better’s first entry into the UK mortgage market.
Danish digital bank Lunar secures €210m Series D funding
The challenger says the funds will be used to continue its growth and launch new products.
Manual processes hinder growth in financial institutions
User-defined technologies hide risk at a tremendous cost and are unsustainable in the digital battleground.
White paper: Back to the future – 8 features of fast and future-proof BNPL technology
Discover the tools you need to get ahead and stay ahead as BNPL grows its market share.
White paper: SME lending – the road to real-time approvals
Discover how rapid innovation, smarter decisioning and faster approvals can be yours.
Video: fintech news pick of the week – Wise, LBGI and Circle
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
CIBC signs cloud partnership deal with Microsoft
The deal will see CIBC utilise Microsoft Azure as its primary cloud platform.
What the Fintech? | S.2 Episode 15 | Data after tomorrow
Bradley Riss, chief commercial officer at Checkout.com, joins us on this latest episode.
Monetary Authority of Singapore and Banque de France conduct cross-border CBDC test
The experiment was supported by JP Morgan’s blockchain innovation lab, Onyx.
LoanPro lands $100m Series A round led by FTV Capital
The Utah-based company says the funds will be used to further invest in growth
Moneyhub secures $18m investment to fuel expansion
Direct Line founder Sir Peter Wood led the round through investment vehicle SPWOne.
Gulf Bank picks Murex’s MX.3 treasury management platform
Kuwait-based firm is looking to become a “fully integrated digital bank”.
It’s a matter of comms | Episode 8 | ESG and new talent
New talent in the fintech industry consider ESG to be an important factor when accepting new roles.
Is DeFi the future of financial infrastructure and money?
DeFi is causing a shift in the underlying infrastructure powering traditional financial applications.
Clearco raises $215m in Series C round led by SoftBank’s Vision Fund 2
Firm wants to boost its “founder-friendly” financing suite.
Harnessing the power of AI for internal fraud detection
AI has the power to disrupt internal fraud monitoring, but are FIs ready to take the plunge yet?
Video: fintech news pick of the week – Revolut, Deutsche Bank and Pleo
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
ICYMI funding round-up: Toqio, Coincover, AREX Markets, Lidya & more
Another batch of funding rounds that might have flown under your radar.
