UK challenger Kroo expands partnership with ClearBank
ClearBank has worked with Kroo since 2019 in its journey towards becoming a fully regulated bank.
Partnerships
FinTech Futures: Top five stories of the week – 15 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Remittance start-up SendSprint launches in UK in partnership with Flutterwave
Flutterwave will provide the infrastructure to enable SendSprint to process cross-border transactions.
Banking Technology Magazine July / August 2022 issue out now
Cover story: MAKING THE DREAM WORK – Helping Ukraine in a planet-friendly way.
Deutsche Bank partners Abbove for wealth management services in Belgium
Abbove says the partnership marks another step in the wealthtech’s private banking development strategy.
Neobank Kinly taps open finance fintech MX for data aggregation solutions
Kinly says it will leverage clean data and personalised financial alerts from MX to help Black American communities.
Morocco’s Attijariwafa Bank partners Thunes for cross-border payments
The partnership will enable “nearly 30 million” Moroccan bank account owners to receive remittances.
US banking start-up BetaBank taps Finxact for cloud-native core
Chicago-based BetaBank submitted its banking charter application in April this year.
Recognise Bank taps TruNarrative for digital customer onboarding solution
The RiskNarrative platform will digitise a number of AML and KYC processes via a single API.
Creditas lands $50m Series F extension, acquires Andbank’s Brazilian banking licence
Firm hopes new licence will help diversify its sources of funding and grow its portfolio of credit products.
ING spins out digital post-trade market infrastructure tech to GMEX Group
GMEX intends to combine Pyctor with its MultiHub offering.
Mambu partners Visa for end-to-end card issuing and processing
The company is developing an integration with Visa DPS.
Why central banks need to engage the private sector on CBDCs
Companies can help policymakers evaluate technology choices and design incentives to foster innovation and competition.
FinTech Futures: Top five stories of the week – 8 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Linkbancorp taps Jack Henry for digital banking and lending upgrade
Linkbancorp will look to utilise Jack Henry’s Banno Digital Platform and LoanVantage offerings.
Wyre partners MoneyGram to allow crypto-to-cash conversion
It’s hoped the integration will address a “major pain point for users” in the crypto ecosystem.
Seedrs partners Form3 and LHV UK for real-time payments
The partnership will make it easier for retail investors to invest in European businesses, Seedrs says.
Revolut partners Stripe to accelerate global expansion
Stripe and Revolut will explore opportunities to “deepen” their collaboration.
Worldline completes acquisition of Eurobank’s merchant acquiring business in Greece
As part of a joint venture with Eurobank, Worldline will hold an 80% stake in the new company.
FinTech Futures: Top five stories of the week – 1 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Yoma Bank taps Compass Plus Technologies for time-to-market upgrade
Myanmar’s Yoma Bank has replaced its in-house processing centre with Compass Plus’ TranzAxis.
Video: SmartStream at Money 20/20 Europe – Levelling the playing field
We chat with SmartStream about how the firm is helping financial institutions keep up with new tech developments.
Bain Capital taps Chekk for KYB and KYC solutions
Chekk says its SaaS solutions “remove the pain and costs” from interactions between companies and customers.
Fintech Unlimint to become Telegram’s official payment provider
The integration will allow Telegram users to purchase services and goods directly through the messenger.
UNO Digital Bank taps Businessnext to boost customer experience
Businessnext’s automated AI solutions will support the bank’s customer-facing managers.
Technisys integrates Cyberbank platform with Microsoft Cloud for Financial Services
The integration will give financial institutions the ability to scale and boost digital transformation efforts.
Lithuania’s SME Bank partners kevin. for A2A e-commerce platform
The new offering is a unified payment infrastructure enabling account-to-account (A2A) payments across the Baltics.
Raisin Bank acquires payments division from Bankhaus August Lenz
The acquisiton, for an undisclosed sum, will be headed up by Bankhaus payments veteran Mirko Siepmann.
Citi partners METACO to develop digital asset custody capabilities
Citi will integrate METACO’s bank-grade digital asset custody and orchestration platform, Harmonize.
Blockchain paytech Roxe to go public via SPAC merger in $3.6bn deal
Roxe will merge with Goldenstone Acquisition and become a publicly traded company on Nasdaq.
KPMG and Microsoft partner to deliver cloud-based tax technologies
KPMG says its Digital Gateway platform, in collaboration with Microsoft, is “built with the C-suite in mind”.
Mode Eleven selects Finzly’s payment core for BaaS platform
Finzly says its tech will give Mode Eleven “full control over its payment processes”.
GoCardless rolls out two open banking solutions in Germany
GoCardless says: “Open banking is growing rapidly, with 64 million active users projected in Europe by 2024.”
RBC partners Plaid to offer API-led connectivity with fintech services
The data access agreement will remove the need for credential sharing, enhancing security and privacy.
UK start-up StrideUp in £280m funding deal for new mortgage plan
It has also entered a strategic partnership with ARA Venn, a real-estate debt investment manager.
State of play: Money 20/20 Europe
Fintech analyst Philip Benton recaps key themes and trends at Money 20/20 Europe.
What the FinTech? | S.3 Episode 9 | Smart applications for AI and ML
We are joined by Jethro MacDonald, product manager, artificial intelligence and machine learning at SmartStream.
Intesa Sanpaolo sells Croatian merchant acquiring business to Nexi
The €180m deal forms part of a broader multi-year partnership in the merchant acquiring space.
Qatar National Bank launches open banking platform for fintechs
QNB says its open banking APIs could transform the fintech landscape in Qatar.
FinTech Futures: Top five stories of the week – 17 June 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
