B2C2 names ex-Morgan Stanley exec as new CEO, EMEA
Thomas Restout says he aims to help the firm “accelerate expansion”.
Financial Services/Finserv
Swiss digital bank Alpian partners Visa for new debit card
Alpian has plans for a full public rollout by the end of this year.
Compliance regtech SteelEye raises $21m Series B funding
SteelEye claims the $21m Series B marks the largest raise by a European regtech firm in 2022.
We were all beginners once
Be intentional in finding new voices. And be intentional in elevating them.
Mexican fintech Clip lands $50m credit facility from top banks
The funding will be used to “improve financial access” for Mexican businesses.
Credit Suisse sells global trust business to Butterfield and Gasser Partner
Both deals are expected to close in H1 2023.
ICMA names Georgina Jarratt as head of fintech and digitalisation
Jarratt has 30 years’ worth of experience across financial services, telco and utilities.
Mambu core banking tech underpins new African bank, Carbon Finance
Nigeria’s Carbon Finance is now a full-service bank with pan-African aspirations.
Colombian fintech start-up Plurall bags $20m debt funding
The debt funding will be complemented by a seed equity round that Plurall is currently raising.
Kani Payments appoints Dan Clappison as COO to boost expansion
Clappison joins from Virgin Money, having also previously worked at TSYS and Newcastle Building Society.
Gen Z investors want more than crypto and meme stocks
The key thing missing from many banking and investment platforms is personalisation.
Banking hubs set to open in 13 locations across UK
The increase in shared banking hubs comes as retail banks continue to pull out of the country’s high streets.
Liberty Bank to launch new digital bank for small businesses next year
The new digital bank for small businesses will operate as a separate entity under Liberty Bank.
What do BLT and digital identity have in common?
Digital identity should be palatable and accessible for all businesses.
Fintech and its impact on the agricultural sector
Fintech can help connect farmers with finance and boost financial inclusion.
Finland’s Findynet Cooperative nabs €3m grant to build digital ID network
The self-sovereign identity network will ensure interoperability between digital wallets from different vendors.
ING and CCV app turns mobile phones into payment terminals
The app will be tested by Dutch department store HEMA from mid-September in three of its stores.
UBS, Wealthfront nix $1.4bn acquisition deal
Wealthfront CEO David Fortunato says the pair are “continuing to explore ways to work together”.
ID verification platform Alloy raises $52m in Series C extension round
The fresh cash will support Alloy’s continuing global expansion.
Momentum Metropolitan taps Duco for no-code data automation solution
Momentum went live with Duco’s platform as part of a wider data automation strategy.
Is fraud outpacing fintech?
Financial crime continues to reach new heights, but fintech is leading the counterattack.
White paper: The global fintech landscape – challenges, collaboration, and cloud
InterSystems’ research with the insights of over 500 decision makers within fintech organisations.
US fintech start-up Solid lands $63m in Series B funding
The round was led by FTV Capital, with existing investor Headline also participating.
FinTech Futures: Top five stories of the week – 2 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ING to shut down Yolt’s open banking operations
ING says it evaluated all options and concluded it is “not feasible to achieve its ambitions with Yolt”.
Singapore’s GXS Bank launches with savings product for the underbanked
GXS wants to address the pain points of the two in five Singapore residents who are currently underbanked.
New digital bank Trust launches in Singapore
Trust Bank’s shareholders have invested $285 million in the new challenger.
ICYMI fintech funding round-up: Banco and Stake
Our weekly fintech round-up for you to get the latest funding news from around the world.
Europe fintech funding round-up: Justhome, Ryft and SageWealth
A fintech funding round-up featuring three start-ups from Europe.
Africa fintech funding round-up: Pezesha, Duplo, SubsBase, Grey and Anchor
A handy round-up of the recent funding endeavours of fintech companies across Africa.
Webinar: Mitigating fraud and risk on the ACH network
Hear from Nacha and Modern Treasury experts how to effectively manage risk and minimise fraud in ACH payments.
Banking Technology Magazine September 2022 issue out now
Cover story: MONEY PUZZLE – Helping US arrivals get on track financially.
Barclays to sell remaining 7.4% stake in South Africa’s Absa
The offloading of 63,072,652 shares will raise approximately £538 million, Barclays says.
UK parliamentary group on challengers calls for financial services “big bang”
The APPG says reforms in the sector could support the government’s levelling-up agenda.
What the FinTech? | S.3 Episode 13 | A look at what’s in store at FinovateFall
In this episode of the podcast, we’re joined by Greg Palmer, vice president and host of Finovate.
Singapore’s Lightnet secures $50m funding to fuel growth
Lightnet aims to “improve the lives of the unbanked and underbanked populations throughout Asia Pacific”.
The smart ring that never was
In a world of options, if you don’t get onboarding right, you will never get to do the next part.
Vietnam’s BIDV goes live with trade finance tech by Surecomp
Surecomp’s DOKA and allNETT solutions will support the ongoing growth and digitisation plans at BIDV.
Banking Tech Awards USA 2022 Winners Supplement out now
People, projects & products that demonstrated stellar results, genuine innovation and had a tangible impact.
Banking Tech Awards USA 2022 Winner: Marinela Tudoran, Credit Suisse – Woman in Technology
We are delighted to be featuring Marinela Tudoran, winner of W.I.T. Award at the Banking Tech Awards USA.
