Dosh powers PayPal’s Venmo and US challenger Jelli
The fintech says it will soon have 60 million indirect users.
Financial Services/Finserv
Magic mistakes and how to make them
Do everything in your power to minimise the avoidable mistakes and the impact of the less exciting omissions.
Payments group Stripe snatches General Motors’ CFO
The payments company has been building out its senior team in recent months.
OE Federal Credit Union picks Symitar’s Episys system
The credit union plans to host the Episys system on the cloud.
Revolut’s losses treble to £104.7m after year of rapid growth
Revolut’s revenue was up to £162.7 million in 2019.
Facebook forms financial unit led by Libra creator
The new division will cover all financial endeavours by the company.
Women need to be empowered not preferred, says Modularbank CEO
“They looked at me, as if to say: ‘what is this girl doing here?'” says Vene.
Standard Chartered signs multi-year cloud deal with Microsoft
The bank is shifting a series of systems to the cloud by 2025.
Regtech firm kompany raises $6m in venture funding
The firm plans to use its new cash to develop KYC solutions.
Streamlining manual processes amid COVID-19
Find out how to digitise manual documentation processes with Foxit Software.
Containers and PCI DSS: 10 requirements financial services must follow
These requirements can present a challenge to financial services now leveraging containers.
TransferWise delivers cross-border transfers for Aussie challenger Up
TransferWise thinks there’s money on the table in Australia.
CIH Bank goes live on Finastra corporate banking solutions
The Moroccan bank wanted to boost the online availability of its services.
Banking offering for landlords Zibo lands $10.5m
Zibo is a fintech for the “underserved landlord”.
Business banking challenger Wise launches premium account in US
The Californian challenger piggy backs off BBVA.
ICE agrees $11bn Ellie Mae acquisition
Exchange operator aims to boost its nascent mortgage business.
Westpac hires Scott Collary as new COO
Aussie bank snags a new executive from Bank of Montreal
UK fintech VibePay launches business accounts
The fintech – which launched last October – has also integrated with a host of new banks.
Banks with IT-savvy board are hit less by cyberattacks and downtime
IT outsourcing expenditure increased by 10% in 2018 compared to 2017.
What the Fintech? Episode 11 | Financial inclusivity in Russia
The CEO of Yandex Money talks about financial inclusivity in Russia.
Goldman appoints Mathew McDermott as head of digital assets
An old-school banker takes a digital currency role at Goldman.
Aussie BNPL Splitit lands $71.5m for US and UK expansion
Woodson Capital has become a substantial shareholder.
Currencycloud signs up Starling Bank for new multi-currency account
TranSwap, and Remitr have also signed up for its new multi-currency wallet.
Capital One fined $80m for 2019 data breach
US firm pays the price for hack that exposed data of 106m customers.
Wirecard business partner reported dead in Philippines
Bauer’s company made up €291.4m of Wirecard’s 2018 profits.
Canadian neobank Koho seeks new CTO
Kris Hansen heads back to venture capital backers to build “new adventure”.
Russian neobank Tinkoff launches charity cashback tool
Users could already make donations manually via the app.
Islamic banks take the lead in adopting fintech solutions
No part of the world has really taken this matter to the next level quite like the Middle East.
US challenger Purple to tap America’s disabled community
The fintech allows users to receive disability benefits up to two days early.
N26 outed for 2019 data breach, employees ask for works council
Around 300 of N26’s 1,500 employees should have access to unencrypted data.
GoBear and UnionBank launch new lending service in the Philippines
Partnership claims to be first of its kind in the country.
Payroll firm CloudPay raises $35m in Series D funding
Firm plans to use new funding to build out infrastructure.
FCA posts concerns over repeat lending by credit firms
UK watchdog highlights issue with letting users borrow again and again.
Starling Bank losses doubled to £52m
The company hired hundreds of employees and focused on attracting new customers.
PayPal nabs Wells Fargo’s Peggy Mangot for venture capital role
Mangot was behind the launch of Wells Fargo’s challenger app Greenhouse.
UK challenger sync. reveals £5.5m seed round
The fintech was forced to delay launch due to COVID-19.
Cambodia payments fintech Clik lands $3.7m
The capital will also underpin its launch in Cambodia later this year.
Fintech funding rebounds in Q2 but deal numbers continue to fall
VC-backed fintech deals dived from 452 in Q1 to 397 in Q2.
Responsible subprime auto lending through AI
This math is at the root of a very basic truth: opportunity is not distributed equally in America.
After divorce comes engagement for banks
For a bank to engage with a customer, they need to go beyond the initial request.
