Capital on Tap integrates TrueLayer to boost SME lending service
Capital on Tap has also created new services to aid COVID-affected businesses.
Partnerships
Tradeteq to develop quantum-based credit scoring with Singapore university
The project is backed by the Monetary Authority of Singapore (MAS).
Currencycloud among first non-bank firms to offer Swift gpi payments tracking
TransferGo, Penta and Money Mover were early participants in the pilot programme.
Video: Top fintech stories this week – 24 April 2020
FinTech Futures’ weekly news round-up.
University of Oxford & Mastercard team up on cyber skills programme
It will feature research, content and data from renowned academics and industry leaders.
Saudi Arabia’s fintech sandbox welcomes nine more start-ups
The sandbox is home to 30 fintechs.
Paytm Payments Bank partners with Mastercard for physical card rollout
Beta users of the bank will be first to receive the new cards.
Glafka Capital implements Valk’s Corda-based solution
R3’s Corda platform underpins 40 other investment banks.
Fenergo and IBM sign OEM agreement
Both firms will collaborate on the creation of financial crime solutions.
Milan picks Soldo’s prepaid cards to distribute coronavirus aid
The cards are loaded with money from Italy’s €400 million Solidarity Fund.
Wirecard signs payments processing partnership with Visa
The two firms will work on Visa’s Fintech Fast Track Program in the Middle East.
Singapore’s new blockchain industry group BAS launches
The group is the result of a merger between two 2018-founded entities.
Varo Money takes on Moven’s consumer accounts
Accounts with Moven will shut on 30 April 2020.
Video: Top fintech stories this week – 17 April 2020
FinTech Futures’ weekly news round-up.
Castle Trust signs DPR for savings origination tech
Castle Trust aims to be a new challenger bank in the UK market.
Meniga and Worldline strike digital banking partnership
The two firms aim to combine conversational banking with data analytics.
Mastercard’s Ethoca teams up with Microsoft to offer digital receipts
The Canadian firm has an ongoing partnership with Microsoft.
Avaloq extends Actico partnership to integrate compliance tech
Swiss technology vendor to embed compliance solution into its platforms.
PayTech Awards deadline extended! Submit your entry by 30 April
We have received more requests for extensions than ever before, so we are extending the entry deadline again until the end of April.
Currencycloud strikes FX partnership with Derivative Path
Partnership will see both firms combine their systems.
CaixaBank and Global Payments create prepaid card under MoneyToPay brand
Global Payment’s Netspend president Kelley Knutson will head up the venture.
Singtel’s NCS and NETS to develop electronic payments platform for central banks
The firms will also create a “next-generation” suite of central banking products.
Visa invests in open banking platform Railsbank
The regtech firm gained extra capital from Japanese VC Global Brain.
Minna Technologies pilots subscription management for RBI’s Tatra banka
The pilot is part of RBI’s ‘Elevator Lab Programme’.
Singapore’s financial regulator unveils $87.8m fintech care package
The package is one of the most fintech-specific aid offerings seen so far.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
US-based Customers Bank adopts OakNorth’s lending platform
The US bank holds $11.5 billion in assets.
Judo Bank lands $307m from government to support SMEs
“This is a really substantial additional signal of support by the government,” says co-CEO.
Consumer fintech SoFi to acquire Galileo for $1.2 billion
Both CEOs say now is “the right time” for this deal.
Free Senegal migrates to Comviva to boost mobile money offering
The mobile network operator has 4.4 million subscribers for its digital wallet.
Vodacom and Safaricom finalise M-Pesa acquisition
Joint venture takes control of popular mobile money brand from Vodafone.
NatWest’s Mettle gives users access to FreeAgent’s accounting software
User will need to make one transaction per month minimum for the free service.
Video: Top fintech stories this week – 03 April 2020
FinTech Futures’ weekly news round-up.
Manchester’s fintech scene needs a homegrown unicorn, says report
Manchester is already home to five homegrown ecommerce unicorns.
Siam Commercial Bank partners Azimo for money transfers from Europe
The Thai bank expands its electronic money services.
Flux and Pleo partner to deliver “invisible” expensing tool to UK SMEs
The new co-created tool is set to launch later this year.
Signicat acquires Connectis to tap Benelux region
CEO of Signicat says Connectis had been on the radar “for quite some time”.
Trustonic lands security deal with South Korea’s biggest bank
“KB Bank are taking a more open market approach,” says Trustonic.
PayTech Awards deadline extended! Submit your entry by 10 April
Premier awards for banks, financial, payment & e-commerce institutions, paytech vendors, individuals & teams!
Acuant finalises IdentityMind acquisition
Acuant will build IdentityMind’s onboarding solutions into its existing platform.
