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Innovation
Jumia to close Rwandan business
It comes just weeks after it exited Cameroon and Tanzania.
EBA publishes sustainable finance action plan
EU regulator seeks early action on green investment.
How to choose the right jurisdiction for opening a company
Brigewest explores how the Middle East has become an attractive region for businesses.
Start-up Saga launches stabilised SGA token with major bank and exchange advisors
JP Morgan Chase’s chairman and former deputy attorney-general of Israel are on the board.
Legacy players might win the war in 2020
Will fintechs continue to gobble up customers from legacy players?
The 20th Banking Technology Awards winners have been announced
It was a brilliant celebration of excellence and innovation in the banking industry.
Nets pilots facial recognition for payments with Danish office workers
Office workers will pay for their lunch using their face.
Video: AEVI at Money20/20 USA – the ultimate merchant experience
How to get the most out of the “business in a box” proposition that smart POS brings.
US challenger Unifimoney launched by former Samsung Pay exec
The new bank is aiming for a 2020 launch.
The capitalist eco-warrior
Should companies have a purpose beyond profit?
Video: Top fintech stories this week – 06 December 2019
FinTech Future’s weekly news round-up.
State Street cuts blockchain developers in potential strategy change
The firm looks to be moving away from a front-to-back DLT implementation.
The driverless bank
A truly digital organisation can live without one of the five P’s that typically creates friction.
Temenos inks deal with Egyptian National Post
The firm will be replacing 20 legacy systems in the process.
Unpacking Europe’s 2019’s major tech milestones with NIIT
FinTech Futures breaks down this year’s trends with Gautam Samanta at NIIT.
China gears up digital yuan with potential digitisation of ID cards ahead of 2020 launch
Now the central bank could be entering phase two of its project.
Toucan “first” to test bank account alert to help mental health sufferers
96% of UK mental health sufferers say the alert will be useful.
BCBS: Bank supervisors must pay greater attention to APIs and open banking risks
Open banking comes with benefits to banks but also various challenges.
Diversity-focused VC fund Harlem Capital debuts with $40m
The over-arching goal: invest in 1,000 diverse founders over the next 20 years.
Revenue-based financier Uncapped launches and secures £10m
The capital offering sits between debt and equity financing.
Klarna selects Amazon Web Services as preferred cloud provider
Swedish banking and payment firm puts AWS at the centre of new strategy.
HSBC and Santander to refund customers after breaking CMA rules
The banks failed to message users going into their overdrafts.
Video: Top fintech stories this week – 29 November 2019
FinTech Future’s weekly news round-up.
Four fintech & financial inclusion trends for 2020
A gap remains for women, rural residents, & other underserved communities.
Dubai regulators sign fintech agreement with Luxembourg commission
The two countries build on a previous deal inked in 2007.
Middlegame Ventures reaches first close of €150 million for investment in early-stage fintechs
New venture fund wants to empower fresh innovation.
Russia’s Sberbank inks contract with driverless car tech firm
The Russian bank will challenge Yandex which currently has the monopoly.
Leaked numbers show only 16% of Curve’s users are active
The UK start-up still insists it will reach 4 million customers by 2020.
French fintech Virgil raises €2.1m to co-own homes with first-time buyers
The start-up offers future buyers a capital contribution – not a loan.
DFS 2019: Europe’s financial landscape a long way from united
Yet there’s hope for harmonisation on the horizon, says panel.
European Investment Fund dedicates €100m to AI and blockchain
The EIF wants to address the blockchain and AI ‘financing gap’ in Europe.
DFS 2019: C-level execs with “no idea” holding back innovation
The right structure is needed at banks to enable technological progress, says panel
Artificial intelligence and natural reluctance
AI prize: building a future-proof organisation with a right to not just survival but also success.
Tandem Bank signs up TrueLayer for account aggregation
The UK challenger’s 800,000 customers will gain access to their other accounts in-app.
MoneyLive 2019: Banks have to be humble even if they’re everywhere, says ING exec
Banks tend to over-promise to customers through their adverts, says ING CIO
Epiphany CEO: We’re the only “truly open” banking platform in the industry
The CEO says other banking technology providers are “not really open”.
Nationwide opens API sandbox for mortgage processing
The UK institution has been in contact with a number of third parties.
Paytm raises $1bn in fresh round of funding
Indian payments giant aims to battle the bigtechs
Automation Anywhere raises $290 million in Series B round
RPA firm has previously had funding from SoftBank.
