Banco Inter plans super app to boost borrowing
SoftBank bought a 14.9% stake in Banco Inter earlier this year.
Lending
AI: A force for good?
The last of the two part series by Nadia Sood, CEO at CreditEnable.
Cowries Microfinance Bank goes live on Craft Silicon solution
Nigerian bank moves forward with new core system.
Great Plains National Bank signs on Teslar Software
Oklahoma-based bank aims to revamp manual processes.
Video: Top fintech stories this week – 01 November 2019
FinTech Future’s weekly news round-up.
Trade Ledger nabs £1.5m in Hambro Perks funding round
Lending platform plans to build out its services with cash injection.
Credit score fintech TotallyMoney raises £5m investment from SVB
TotallyMoney now has 2.5 million customers.
Irish P2P firm Flender raises €75 million in funding
Third round of debt financing gives SME lender a boost.
Banking Technology November 2019 issue out now
The identity challenge.
Israeli fintech Become secures $12.5m to help make SMBs more fundable
Become wants to “disrupt conventional and ‘alternative’ lending practices”.
SME lender Lidya aims for top spot in Nigeria, next stop Eastern Europe
Lidya expanded to Central Eastern Europe (CEE) earlier this month.
UK fintech Koyo raises £3.8m to aid wiped credit histories
The fintech helps migrants or people who’ve never taken credit or been the main bill payer.
Regulation and competition driving lending transformation
The key to success is a solution that provides effective data management.
SMB lender BlueVine launches banking service with Mastercard debit card
SMBs will see 1% interest on their balance and no monthly fees.
Société Générale to offload SG Finans leasing business
French banking group puts Nordic wing up for sale.
B-North aims to bring back brokers to the UK SME market
The fintech is in the process of acquiring its banking licence.
How to reduce loan delinquency with a better payment experience
GoCardless found three main reasons why borrowers had missed a repayments.
Complexity of SME market still eludes banks
Panel at the International SME Business Banking Forum believes banks missing a trick.
Kaleyra and Epiphany launch first open banking hub in Italy
The hub will give banks a space to launch PSD2-compliant products.
White paper: Digital transformation in credit for commercial and corporate lending
The question by now is no longer whether to transform, but rather how to transform.
Help-to-buy fintech Proportunity raises £2m, offers alternative to UK government
The fintech provides first-time buyers with an equity loan of up to 15%.
Temenos wins new deal in Finland with Municipality Finance
Finnish credit firm opts for Temenos T24 Transact.
Santander leads €35m funding round in digital debt marketplace CrossLend
Lakestar, ABN AMRO Ventures and Earlybird will also be investing.
DIS 2019: Lendtech OpenWrks says it can predict divorce and relationship breakdown
OpenWrks can determine when gambling will become a health issue too.
UK lendtech Zopa brings transparency to credit score calculations
Zopa says it’s the first lender to show how it determines who to lend to.
Banking Technology October 2019 issue out now
Lessons from Africa.
LendIt Fintech Europe 2019: towards better financial health
Creating both better outcomes for consumers and sustainable business models.
20th Banking Technology Awards: showcase your brand to decision-makers at banks
Get your brand seen by the brightest and most innovative decision-makers in the industry and network with them at a spectacular gala ceremony!
ISLA tells lenders how to avoid “unsustainable levels” of cost and risk
By standardising and automating, the industry will become “future-proof”.
LendIt Fintech Europe 2019: digital identity – a nut that remains to be cracked
Over time, like the isolated email systems before them, digital identity solutions will become interoperable.
Sibos 2019: Final wrap-up of talks, interviews and daily news
See our final wrap-up of the London-hosted four day event!
Daily News at Sibos 2019: Day Four
Download your copy of the day four edition today!
Sibos 2019: IBM’s initiative for social good
AI to combat social issues is “not philanthropy”, but rather an initiative.
Deutsche Bank turns German fintech Deposit Solutions into unicorn
The bank bought a 4.9% stake in the fintech.
Cappitech and Kaizen find firms are behind for SFTR implementation
Kaizen describes the figures as “somewhat concerning”.
United Bank of Africa partners with fintech Ovamba Solutions
The alliance will provide Cameroon businesses with new tradetech.
Velocity Credit Union taps Fiserv for DNA core processing system
Velocity chooses Fiserv “to remain competitive”.
Nationwide invests in digital lettings agency Bunk
The investment will help Nationwide’s campaign to improve the rental market.
Making banking human again
It might sound like a contradiction, but technology needs to make banking human again.
We don’t forgive easily
If we feel betrayed, we rarely go back or give you a second chance.
