Three new security strategies for financial services
Continuous compliance remains a challenge because many organisations lack contextual data.
Financial Services/Finserv
The five p’s of banking
Banks have relied on the “five p’s” – people, physical cash, premises, processes and paper.
FinTech Futures Jobs: new year, new job – five tech companies that are hiring now
Featuring CGI, Cleo AI, Freetrade, Market Finance, and Monzo.
TikTok’s Chinese version Douyin adds payments app
Douyin Pay (Douyin Zhifu) has been added to the app’s options.
Under the hood of London payments platform Currencycloud
Currencycloud talks tech, structure, product development and bank relationships.
Pyypl’s regulation-first approach to MENA starts to pay off
“The options today are mobile money or banks,” says CEO.
Corporate credit card start-up Moss raises €21 million in Series A
Moss wants to change the way companies track expenses.
PPRO reaches $1bn valuation on back of $180m venture raise
Payments infrastructure firm plans “global expansion” with new cash.
Retailer Uniqlo cuts out middlemen with own payments integration
Uniqlo Pay has partnered with Sumitomo Mitsui Banking Corp.
Czech BNPL Twitso nabs €16 million in Series C funding
Investors include Aussie BNPL unicorn Zip.
A thing apart
Teamwork, trust, and support come from a place of pure emotion.
What the Fintech? | S.2 Episode 1 | Innovation in commercial lending
Innovation in commercial lending with special guest, Dean Snyder, EVP at AFS.
SME credit fintech Dinie lands dLocal deal one year into Brazil play
Dinie was founded in the UK, made in Germany, and designed for Brazil.
Aion Bank signs payments processing deal with Form3
Form3 to provide real-time payment processing, clearing and settlement.
The end to end benefits of cloud first transformation
Cloud has become a go-to technology for many in the financial services industry.
New York cash advance app Brigit reveals $35m Series A
Brigit’s CEO is a former Deutsche Bank and Infosys executive.
Prospective UK challenger Perenna lands $10m ahead of Q3 launch
The fintech lodged its banking licence in the last quarter of 2020.
SWBC picks Finicity Pay to meet new ACH requirements
Account verification needs a boost under new Nacha rules.
NAB signs SME payments deal with Eedenbull
Eedenbull is providing a handful of systems to the major Aussie bank.
Technology lies at the heart of the ethical banking revolution
We have a collective opportunity to lift our communities out of this dire situation.
UK fintech Just lands court backing to undercut bailiff industry
Currently, Just’s virtual offering is in beta.
Goldman picks Marqeta to power Marcus current account rollout
Marcus plans to launch its new accounts later this year.
Ant sets up working group to overcome Chinese regulatory requirements
Companies like Ant have until November 2021 to register a new financial holding.
Tide gears up for international expansion to India
The fintech says it will bring the exact same offering it has in the UK, to India.
ADQ’s unnamed neobank nabs new CEO from Emirates NBD
Patel joins the upcoming challenger after leading Emirates NBD’s challenger Liv.
Konsentus acquires Open Banking Europe initiative from EBA Clearing subsidiary
Open Banking Europe (OBE) will remain a separate operating entity.
Lessons from The Boring Company
Perfecting the art of boring requires some rare skills.
Fintech funding deals globally 11-17 January 2021
Featuring Checkout.com, MX, Blend, Creditas, and Enfusion.
US banks must lose “legacy anchor” to meet customer needs in 2021
The banking landscape in North America is undergoing a fundamental shift.
Goldman Sachs mulls acquisitions to bulk up Marcus
Goldman’s CEO intends to make Marcus a pillar of the US bank’s growth.
Temenos shakes up executive team with changes at the top
Promotions and hires for the Swiss banking vendor.
Tandem quotes same “material uncertainty” as Monzo in 2019 financials
Tandem’s plan is to be profitable by July or September 2021.
CME Group and IHS Markit create post trade joint venture
A handful of CME’s systems will combine with IHS’ MarkitServ.
MX ties up $300m in Series C funding
Utah-based firm has raised more than $500m since launch.
Vietnamese “super app” hopeful MoMo lands $100m Series D
The fintech’s registered users doubled to 23 million in 2020.
Understanding the three key trends in SME banking for 2021
The pandemic has accelerated digital transformation in banks’ lending platforms.
Video: Top fintech stories this week – 15 January 2021
FinTech Futures’ weekly news round-up.
Grab’s fintech arm lands $300m Series A
Grab Financial Group saw its total revenues jump up by more than 40% in 2020.
Italy’s BNL goes live on Tink open banking service
The implementation is part of an extended deal with BNP Paribas.
Pakistan launches new instant payment system Raast
Government hopes Raast can host a collection of payment types.
