The case for building core banking
Should larger banks be looking to write their own core? I’m not so sure.
Outsourcing
Co-branded credit card platform Concerto launches with $21m funding
The early-stage round was led by Matrix Partners and saw participation from PayPal Ventures.
Rewards platform Kard secures $23m in Series A funding round
The new funds will be used to expand its merchant network and product offering.
Middle East and Africa fintech funding round-up: Zenda, Pemo, Afriex & Laboremus
Our weekly fintech round-up for you to get the latest funding news from the Middle East and Africa.
Europe fintech funding round-up: Previse, Qonto, Volume, Tuum & Monspire
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Webinar: What are the top trends and technologies transforming financial services?
Game-changing technologies, including cloud, AI/ML, containers, APIs, and blockchain, and adoption strategies.
UK challenger Starling secures £130.5m funding at £2.5bn valuation
The challenger plans to “build a war chest for acquisitions”.
White paper: Banking in the cloud – how to do it right
Gain best-practice insight on how you can generate more value from your cloud strategy.
Mirabaud selects Temenos and Wealth Dynamix for digital transformation
Mirabaud’s planned digital transformation programme will take several years to fully implement.
US fintech Bond teams up with Evolve Bank & Trust for BaaS offering
The partnership will offer new debit and credit card capabilities for businesses and consumers.
Garanti BBVA International heads to the cloud with Temenos
GBI will deploy the vendor’s Temenos Banking Cloud solution.
ICYMI fintech funding round-up: Union54, Themis & Sawa
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The evolution of core banking: build or buy?
There’s recently been a big rise in the number of players vying to be the core banking provider of choice for banks.
Investment management platform FundGuard lands $40m Series B
The round saw participation from Citi, State Street, Blumberg Capital, LionBird Ventures and Team8 Capital.
BaaS platform NovoPayment lands $19m Series A funding
The round was led by Fuel Venture Capital and IDC Ventures.
MSU Federal Credit Union taps Nymbus to launch new digital brand for alumni
New digital brand AlumniFi is targeted at Michigan-based alumni.
Pakistani fintech start-up Abhi raises $17m in Series A funding
Funds will be used to expand its team and build out marketing capabilities.
Stripe appoints Microsoft’s James Phillips as new president of financial services
James Phillips joins Stripe after a decade at Microsoft.
European fintech start-ups Montonio and Payaut secure funding
Montonio raised €11 million and Payaut secured €8 million, respectively.
Microsoft teams up with Finastra to offer SME lending through Dynamics 365
Microsoft says the partnership will drive value for SMEs, “the backbone of job creation in the world’s economy”.
Filipino fintech Voyager Innovations hits unicorn status with $210m raise
The new funding has propelled Voyager’s valuation to nearly $1.4 billion.
UK fintech funding round-up: Timeline, Leatherback & Network B
A handy round-up of the recent funding endeavours of UK-based fintechs.
ICYMI fintech funding round-up: Gotrade, lemon.markets, Unifimoney & Gaviti
Our weekly fintech round-up for you to get the latest funding news from around the world.
Kevin Guy joins UK challenger MoneeMint as COO
Guy has 36 years’ worth of experience across banking and financial services.
NatWest taps Bottomline to tackle authorised push payment fraud
NatWest will look to utilise Bottomline’s confirmation of payee (CoP) solution.
Unbundling the core in the cloud: the perfect architecture for future-proof banks
Is your bank running on an operating system that is functionally unbundled, real-time, modular, cloud-native, and plug-and-play?
UAE’s Mashreq Bank launches paytech subsidiary Neopay
The new wholly-owned subsidiary will consolidate all of Mashreq’s existing payment systems into a single platform.
Digital banking solutions provider Alkami buys data insight fintech Segmint for $135.5m
Alkami intends to integrate Segmint’s machine learning tech with its digital banking capabilities.
Platformification: a reality and strong value add
How platformification benefits the financial institution and end customer alike.
Challenger bank Chetwood acquires core banking tech vendor Yobota
The two companies were founded alongside each other in 2016 but developed as separate entities.
Mizuho partners Google Cloud to power digital transformation
MFG says it is working with Google Cloud to deliver on the evolving needs of its customers.
UK fintech Monese hires Alistair Bennett as chief product officer
Bennett will also join Monese’s leadership team, subject to FCA approval.
Rakuten Europe Bank opts for Temenos Banking Cloud
The bank is building on its existing relationship with Temenos to enhance its member experience.
Payments for good – promoting financial inclusion
Vijay Oddiraju, CEO of Volante Technologies, looks at ways the payments industry can provide the rails for inclusiveness.
Cybersecurity firm Axonius valued at $2.6bn following $200m Series E
Founded in 2017, Axonius has now raised a total of $395 million to date.
Investment platform Hargreaves Lansdown heads to the cloud with Bottomline paytech
Bottomline PTX forms part of “digital backbone” of Hargreaves Lansdown, says CTO.
What the FinTech? | S.3 Episode 2 | Build banking better
In this episode, we’re joined by Temenos CTO Tony Coleman.
Australian fintech Zeller lands $73m Series B funding
Zeller says it has signed up more than 10,000 Australian businesses within eight months.
TSB strengthens relationship with cloud intel firm Dynatrace in digitisation push
Dynatrace provides software intelligence to simplify cloud complexity and accelerate digital transformation.
Westpac appoints Damien MacRae to lead new BaaS business
Westpac’s BaaS offering was built in partnership with 10X and integrates 30+ various tech services.
