Onfido appoints new chief executive as Husayn Kassai steps down
Mike Tuchen steps into the CEO role at the fintech.
Financial Services/Finserv
Uber plans return to financial services with hires “across the board”
The firm is “not ready to announce anything yet”.
Hampshire Trust Bank picks Centelli for lending RPA solution
The bank aims to reduce manual processes.
How fintechs profit from human potential
The education industry is keeping pace with offering ever more options for postgraduate education.
Report: Three key strategies for customer experience success
In-depth industry report on customer experience, featuring expert insights from Mettle, HSBC & Northwestern Mutual.
Video: Top fintech stories this week – 13 November 2020
FinTech Futures’ weekly news round-up.
Chinese regulator continues to clamp down on dominant fintech players
The CBIRC’s Liang Tao warned fintech lenders at a conference in Beijing this week.
Keyrock raises €4.2m to develop digital assets liquidity solution
Brussels-based firm will use cash to accelerate its product offering.
UK BaaS Railsbank lands $37m for US credit expansion
“Railsbank [is] set out on a mission to be a truly global platform.”
Standard Chartered signs five-year cloud deal with AWS
The bank deepens its relationship with cloud hosting giant.
Tink appoints SimCorp CEO Holse as new chairman
Holse says Tink is “leading the charge” in open banking across Europe.
Banking Technology November 2020 issue out now
Without limits: The Barclays accelerator races ahead
Neobanks may have lost their shine, but the fintech revolution is far from over
Now, a few years on from what seemed like an unstoppable rise, things aren’t quite so rosy.
Fintech execs race towards workplace diversity
Divido’s Christer Holloman launches Fintech Finishers to raise D&I awareness.
European Investment Bank invests $80m in Lithuania’s SME Finance
The firm is charged with backing Baltic enterprises through the COVID-19 pandemic.
Grab leads $100m investment in Indonesian e-wallet LinkAja
Singaporean fintech begins investment project in Indonesia.
Nigerian challenger bank Kuda raises $10m in seed funding
Kuda completes the largest seed round in Africa.
Banco Santander’s VC arm invests in Spanish proptech Clikalia
Clikalia’s IPO ambitions were likely a big part of Santander’s decision to invest now.
Let them eat cake
The pay-off in building a bank for the future vs the short-term gains of playing it safe is worth every single bite.
Sber talks Big Tech strategy two years on from Yandex rebuff
“People think we just bought a load of start-ups and slapped our name on them,” says CTO.
Brazilian malware Ghimob targets 153 financial apps
Kaspersky researchers believe the malware is ready for a world tour.
New wealth managment app Fortu plans crowdfunding campaign
The wealthtech says it provides “secure, reliable and international financial reach”.
UK government signs London fintech Judopay for digital payments
“Everything from tax payments to donations to charities” come under the deal.
Australia Post signs business lending tie-up with Valiant Finance
Aussie businesses can now get loans from their local post office.
Trulioo hires Leigh Ramsden as new CFO
Former Absolute Software man joins up with Trulioo next week.
The pursuit for equality
I decided I wanted to play a part in empowering women and other underrepresented individuals.
Webinar: Winning over senior management with a low-code approach to digital transformation
Real use cases for low-code and why using it for in-house development is a viable alternative to using third-party products.
Webinar: Managing data today – real time, real AI, real application
Learn how effortless it is to transform your operations and take data processes to the next level.
EXCLUSIVE: Bank of Ireland planning UK tech revamp
Irish lender aiming to switch things up for its UK operations.
BBVA taps Amazon and Bloomberg for cloud-based equities platform
Spanish giant launches “BBVA C-fit” for its corporate banking division.
Brazil prepares launch of new regulatory sandbox
Country’s central bank wants “integrity, reliability, and security” from participants.
Why COVID-19 could spur the next phase of bank branch evolution
This shift in the function of bank branches has been underway for decades.
Three UK fintechs raise over $100m in funding this month
Starling, Curve and GoCardless are raising rounds in excess of $100m.
Swiss government launches green fintech network
Sustainable investments in Switzerland have risen to CHF 1.16 trillion ($1.2 trillion).
Hong Kong and China pair up on digital currency experiment
The two have joined with Thailand to promote commerce in Southeast Asia.
US fintech lender Upstart Holdings files for IPO
To date, the fintech has raised some $165 million in funding.
US Department of Justice moves to block $5.3bn Visa-Plaid deal
US regulator files lawsuit against Visa, accusing it of monopolistic tactics.
Banco Santander & CaixaBank back Spanish digital identity project
The project is calling for further partners to join the project to boost overall usage in Spain.
Is your back-office ready for real-time payments?
Baldwin relays his thoughts on the firm’s award-winning Concourse Financial Software suite.
Video: Top fintech stories this week – 06 November 2020
FinTech Futures’ weekly news round-up.
