NatWest sells Ulster Bank commercial lending business to AIB in €4.2bn deal
NatWest continues with its withdrawal from the Irish market.
Financial Services/Finserv
Orum lands $56m in Series B funding round
The firm claims it has now raised over $82 million in total.
JP Morgan to acquire fintech start-up OpenInvest
The US bank is looking to boost its ESG investment offerings.
How do we know if we’ve lost our way?
There are a few tools you can use to keep checking whether you’ve lost your way.
FINRA orders Robinhood to pay $70m penalty for “false and misleading information”
The sanction is the largest financial penalty issued by the regulator.
Commercial Bank of Kuwait picks TCS treasury solution
The Middle Eastern bank is looking to transform its treasury operations.
Six global banks endorse Swift’s new platform for international payments flows
The transaction management platform is set to launch in November 2022.
Crédit Agricole CIB plans quantum computing project with new partnership
French bank signs deal with Pasqal and Multiverse Computing.
Tide expands to India with £100m investment and RBL Bank partnership
UK business bank aims to “unleash” the potential of Indian SMEs.
Retirement platform Smart raises $165m in Series D funding
Chrysalis Investments led the round with a £75 million equity investment.
JP Morgan Chase acquires 40% stake in Brazil’s digital challenger C6 Bank
Launched in 2019, digital bank C6 has more than seven million customers.
Video: fintech news pick of the week – Visa acquires Tink; Raisin merges with Deposit Solutions
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
How fintechs can increase revenue and combat fraud with Prove Pre-Fill
Prove auto-fills applications with verified data and delivers authenticated digital identities.
Digital mortgage platform Accept.inc raises $90m
US-based firm plans to expand its “iLender” concept.
Voyager Innovations raises $167m to power digital banking push
Tech firm aims to provide banking to 38 million customers.
Canada’s League Data picks Mambu’s cloud banking platform
The cooperative company says Mambu was the “clear choice” to modernise its core platform.
Viva Republica lands $410m as launch of new digital bank looms
Toss has now accrued around $844 million in funding across ten separate rounds.
ClearScore lands $200m investment from Invus
The UK fintech is looking to accelerate its global expansion.
It’s a matter of comms | Episode 7 | Carbon
Carbon neutral vs net zero vs zero carbon; and how to embed them within your business model.
Architecture heads at Deutsche Bank and JP Morgan leave months into their jobs
John Smith and Gavin Leo-Rhynie depart from major banks.
Fiserv shakes up execs with clutch of new C-level appointments
Guy Chiarello is COO, Suzan Kereere chief growth officer, and Adam Rosman rejoins the firm.
National Bank of Indianapolis shifts to Jack Henry’s Silverlake
Bank moves to Silverlake for commercial and small business, as well as adding online chat.
USAlliance Financial picks FIS Payments One to enhance card processing
New York-based credit union aims to boost credit and debit card ops.
Zest AI raises investment from Vystar Credit Union, First National Bank of Omaha
Los Angeles-based credit underwriting software specialist has gained $18 million in funding.
Cross River Bank acquires data analytics firm PeerIQ
The firm says its new acquisition will create a “comprehensive” suite of offerings.
NFTs: the good, the bad, the regulation
The metaverse is being called the “Internet 3.0” and offers tremendous opportunities for growth and creativity.
ICYMI funding round-up: LOQR, MOCA Financial, Bueno Finance, Glint Pay & more
Another batch of funding rounds that could have flown under your radar.
Raisin and Deposit Solutions merge to create pan-European fintech giant
The newly formed Raisin DS is already turning its eyes towards the US.
Afterpay hires Mastercard exec Khoja to lead North American expansion
Zahir Khoja joins at a time of “rapid market expansion” for Afterpay.
Atom Finance raises $28m Series B round led by SoftBank
The firm plans to use the funding to fuel global subscriber growth.
BayernLB picks Broadridge to cover regulatory reporting needs
Broadridge to help German bank with SFTR, EMIR, SiFIR, and MMSR reporting.
Millennial home buying platform Lower lands $100m Series A led by Accel
The Ohio-based firm plans to use the funds to expand its product line and accelerate growth.
Oracle wins Flexcube deal with Ethiopia’s first Islamic bank
ZamZam Bank has selected Flexcube to run its core banking ops.
FinTech Futures Jobs: Three fantastic permanent jobs open in London right now
Exciting vacancies at OakNorth, BNY Mellon and Checkout.com. Apply today!
Unicorns, emojis and gamification: how Gen Z is transforming the way we bank
Neobanks have realised it’s less a matter of “kids hate finance”, and more “finance hates kids”.
Visa to acquire open banking platform Tink in €1.8bn deal
Visa hopes to “help accelerate the adoption of open banking in Europe”.
Saudi Arabia grants first digital banking licences
STC Pay and ARTAR given green light by central bank.
Viva Wallet picks Fraudio to support anti-money laundering operations
The Greek fintech is looking to bolster its transaction monitoring.
Tinkoff picks Anodot AI solution to improve customer experience
Russian neobank seeks to monitor high volumes of data.
Don’t diss the bankers
There are three types of bankers, but there is only one type you need.
