German bank Penta integrates business invoicing with Debitoor
Debitoor automatically compares invoices and money paid.
Innovation
Banking for humanity: a land of unsung heroes
Find your legacy. Find your own flavour of useful. Dust it off. And make it better.
Canadian CIBC launches platform for SMEs
It allows users to manage accounting and payroll insights.
SoftBank invests $800m into UK fintech Greensill
It puts Greensill’s valuation at $3.5bn.
ClickSwitch simplifies recurring payments with $13m funding
The Series B was led by Commerce Ventures and Point72 Ventures.
Nationwide, Investec and Co-op Bank share £80 million BCR grant pool
All three commit to modernise and improve business banking for SMEs.
Swedish refinancing start-up Anyfin eyes European expansion with €8m investment
The extended Series A round brings total investment to €13.3 million.
Asset management firm AllianceBernstein picks OpenFin for new OS
A new desktop technology infrastructure, allowing integration and interoperability.
Visa signs up to support fintech innovation in Bahrain
Partnership will focus on innovation, education and payments trends.
Two new next-gen banks to open in the US
Piermont Bank and Nexos National Bank.
Hong Kong grants four more virtual bank licences
These banks will be launched by Ant Financial, Xiaomi, AMTD, Ping An, and Tencent.
Why retail banks should not be afraid of collaboration, even with tech giants
Collaboration for incumbents is the only way to catch up with the market and become truly consumer-centric.
Manchester: the “only logical choice” outside London for Europe’s fastest growing fintech
UK’s Northern Powerhouse will be supported by the success of Manchester.
New Medici Bank to harness technology to “reawaken” innovative spirit
A descendant of the Medici family sees future in Puerto Rico.
Fintechs, there’s a tsunami coming; do you hear the sirens?
And I will be able to pay for a surfboard with my new Apple Card.
FinovateSpring 2019: Best of Show winners unveiled
This year’s Best of Show winners are truly in a class of their own.
NatWest becomes first UK partner for open banking platform Tink
Swedish fintech will add personalisation to the bank’s mobile banking.
Five imperatives to help you scale your fintech
Practical advice for any fintech wanting to accelerate growth.
Open Banking: much ado about a brave new world
The intent is revolutionary. The path is non linear.
Financial supermarket GoBear raises $80m
The fintech aims to tackle financial exclusion.
It’s time to disrupt “disrupt”
Fintech as an industry has a problem with language: namely, we don’t have one.
Supplement: FinovateSpring 2019
Read our free FinovateSpring Supplement, packed with fintech goodness!
Banking Technology May 2019 issue out now
Fintech with flourish. It blooms and blossoms.
My top four proactive, disruptive banking process innovations
Four areas where you can make the biggest impact both quickly and in the long run.
Emerging economies payments start-up Thunes closes $10m Series A round
Plans to accelerate growth across Africa, Asia and Latin America.
UK renters’ insurer Urban Jungle raises $2.5m
The seed funding will expand the firm’s product portfolio.
TagNitecrest prints biometric payment cards in the UK
Fingerprint card payments can be made at existing point of sale terminals.
Plum hits $4.5m new funding with 433% user growth in a year
The firm has reached 400,000 users.
To keep bigtech at bay, banks should see fintech as friend, not foe
In the face of mounting competition, financial institutions must go a step further to stand out from the crowd.
B2B payments revolution on Russian e-commerce soil
A new solution from Yandex.Money and Sberbank has every chance to make Russian B2B payment market similar to B2C or even better.
The world of payments is well and truly open
Open banking and real-time payments are turning the traditional retail banking model on its head. Are you ready?
JP Morgan and Microsoft join forces for enterprise blockchain push
Quorum to be made available through Azure Blockchain Service.
BCR opens applications for Capability and Innovation Fund Pool C
Four £10 million grants are on offer.
Refundo to return tax refunds in Bitcoin
Thanks to a recent partnership with BitPay.
Klarna brings its alt payment options to retail shops
Bringing pay later to consumers in stores.
Top fintech stories this week – 3 May 2019
May issue is out!
RPA firm UiPath closes $568m funding round
Company’s post-money valuation has grown from $110 million to $7 billion.
Indio Technologies brings digital to insurance with $20m funding
The company has raised over $30 million in total.
GFIN selects eight firms for cross-border testing pilot
Next step is to develop suitable testing plans.
Open banking: why the revolution is behind schedule
The transformation is underway – it’s just slower and less extensive than many envisaged.
