Randallisms
Your values and principles and convictions only matter when putting them to action is hard.
Financial Services/Finserv
Dutch paytech Mollie promotes CTO Koen Köppen to CEO
Köppen was hired as Mollie’s CTO last year from Klarna.
US fintech DailyPay lands $260m funding to fuel growth
The company will look to boost domestic growth, expand internationally and invest in product innovation.
Kueski names ex-Stripe exec Fausto Ibarra as chief product officer
Ibarra brings over 20 years of experience, most recently serving as Stripe’s head of product for Latin America.
Video: Envestnet at Money20/20 USA – Harnessing data to improve financial wellness
We chat with Farouk Ferchichi and Eric Jamison of Envestnet about the importance of data aggregation.
PayTech Awards call for nominations
The PayTech Awards 2023 will take place on 30 June at the Merchant Taylors’ Hall in London.
The BaaS Association names first CEO, Bill Briggs
Founded last year, the association says it represents over 80% of current BaaS sponsor banks in the US.
Open letter calls on UK government to boost SME credit access
The letter has been co-signed by Codat, Atom Bank, Funding Circle, Iwoca, Allica Bank, SPRK Capital and others.
Freedom Finance names Richard Parfitt head of data science
Parfitt will be tasked with leading Freedom Finance’s data products initiative.
Building a future-ready bank
What’s the formula to create a future-ready bank that stays digitally relevant to its customers?
OBIE names Marion King as new chair and trustee
King will succeed Charlotte Crosswell, the current chair and trustee, who will step down on 31 January.
US fintech nCino appoints Greg Orenstein as new CFO
Orenstein joined nCino in 2015 and most recently served as chief corporate development and strategy officer.
United Heritage Credit Union taps NCR for ATM-as-a-Service solution
The credit union will have access to the full suite of ATM capabilities offered by NCR’s ATMaaS solution.
New digital bank greenpenny opts for Jack Henry’s tech
Greenpenny is a start-up bank in the US focused on sustainable energy and powered by Decorah Bank & Trust.
Paytech start-up Link lands $20m Series A funding
The money will be used to fuel the company’s growth following the launch of its flagship LinkPay product.
Royal Bank of Canada innovates from the inside out
Over the past five years, RBC has been transforming its five business lines to ensure digital relevance.
Where will fintech go next in 2023?
2023 will no doubt bring more surprises for the fintech industry and tough times for many.
Case study: Credit Agricole Bank Polska and Efigence – mobile banking app
When an out-of-the-box design drives supreme customer experience and sales boost: case study on Credit Agricole Bank Polska’s mobile app.
Capital One lays off 1,100 tech staff
Impacted employees have reportedly been invited to apply for other positions at the firm.
US crypto lender Genesis files for Chapter 11 bankruptcy protection
The firm is restructuring its lending business to reach “the best solution for clients and other stakeholders”.
ICYMI fintech funding round-up: Ascendant, Evergreen, Kwara, Pilon & more
Featuring Ascendant, Evergreen, Komunal, Kwara, Pilon, and Sprinque.
Capital markets fintech PrimaryBid names Fiona Richards as COO
Fiona Richards joins PrimaryBid from Rowan Dartington, the discretionary investment arm of St. James’s Place.
FNZ acquires wealthtech start-up YieldX
YieldX’s fixed income portfolio management technology will be integrated into FNZ’s wealth platform.
Swedish fintech start-up Anyfin lands €30m Series C funding
The cash will be used to strengthen its product suite in existing markets and boost its growth across Europe.
Cartoon: Sandwich making
A new cartoon illustrating the consolidation and M&A process that the fintech market is starting in earnest.
Why the increased adoption of PvP settlement will enhance cross-border payments
PvP guarantees both parties involved in a transaction get paid at the same time as one another.
US fintechs Core10 and Union Credit secure funding
Two fintech companies in the US – Core10 and Union Credit – have reported funding this week.
Aussie start-ups Alii and Bloom raise funds
Alii and Bloom Impact Investing, two start-ups based in Brisbane, have reported cash injections.
FinTech Futures: Top five stories of the week – 20 January 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FinTech Futures Jobs: Is procrastination killing your work ethic?
Explore thousands of open roles on the Fintech Futures Job Board today.
Belgium’s oldest private bank Nagelmackers in digital revamp with Objectway
Nagelmackers is implementing Objectway’s platform for its advisory, discretionary, and execution-only offering.
US fintech Arcus Partners appoints new CTO, Saurabh Bhole
Bhole will be tasked with leading the further development of the company’s Finity360 product suite.
Abacus Group snaps up cybersecurity firms Gotham Security and GoVanguard
The new business will be a subsidiary of Abacus Group but will continue to operate independently.
Red, red lines
Prepare for your meetings, and make sure you and your team are fully aware of the red lines you won’t cross.
Get recognition at this year’s Banking Tech Awards USA
Nominations for the 2023 awards are now open – apply today!
Video: Infosys Finacle on the need for banks to be digital to the core
We speak with Infosys Finacle’s John Barber about digital transformation and the future of core banking tech.
Alipay partners Splitit for ‘pay after delivery’ offering
The service will initially launch in Germany, France and Spain, with plans to expand into other global markets.
Clearco lays off 30% of workforce, CEO Michele Romanow resigns
Romanow will reportedly transition to the role of executive co-chair and remain on the company’s board.
BNPL fintech Tabby lands $58m in Series C funding
The Dubai-based firm plans to use the funding to support its growth and expand its product line.
Chief strategy and digital officer of Banque Saudi Fransi departs
He describes his tenure at BSF as an “amazing four years” in a LinkedIn post about his departure.
