Dear Luc: Should I offer multi-currency accounts to cover post-pandemic travel?
As the world opens up, our writer asks if multi-currency accounts are a necessity, and how to offer them.
Payments
Nationwide moves payments processing to the cloud with Form3
UK building society says the platform’s deployment “is an exciting moment”.
Meeting omnichannel expectations in the new retail landscape
The use of connected retail now holds more potential than ever.
Video: pick of the week – European regulator in tech selection; new challenger bank in the US
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
Tink and American Express sign European open banking deal
New AmEx customers will “seamlessly connect” to their accounts.
Amartha, Vivid Money, Expensya & a55 feature in May funding rounds
A clutch of early investment rounds from May you could have missed.
Vista Bank Group selects Radar Payments to power pan-African processing
African challenger bank selects BPC company to underpin payments.
Why fintech companies of any size should outsource PCI
Lift the burden of data compliance and security by outsourcing compliance to PCI-focused vendors.
InvestCloud acquires cash flow firm Advicent to bridge advisor-client gap
Vista Equity-owned Advicent provides technology for 3,000 firms.
Fiserv wins trio of Canadian credit union deals for DNA
Implementation partner Celero will complete the DNA installations.
Bill.com acquires spend management firm Divvy in $2.5bn deal
Bill.com is paying $625 million in cash and $1.875 billion of common stock.
First Direct enhances app with data specialist Bud
First Direct and Bud are partnering to provide enriched data and services via the bank’s app.
Mashreq takes Oracle components around existing Flexcube core
Mashreq Bank is seeking to improve its transaction banking proposition.
Video: Top fintech stories this week – 7 May 2021
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe.
ICYMI funding round-up: Okra, Yatta, Graviti & more
We round up another selection of deals you may have missed.
European Payments Council starts Malware Information Sharing Platform search
The EPC has launched an RFP for a Malware Information Sharing Platform.
PBCOM goes live on cloud-based Temenos core banking system
Philippine bank first signed for Temenps back in 2012.
Video: pick of the week – new payments system in Singapore, Bank of Ireland tech hires
A top pick of stories from the world of finance and tech in bitesize video format, weekly.
Nuapay becomes Australia’s first open banking payments platform
Nuapay’s joint value proposition caters to both consumers and merchants.
Omnio picks Autorek platform to automate reconciliation
Omnio’s previous manual processes relied on Microsoft Excel, but will now be automated by Autorek.
Deutsche Börse and Commerzbank team up to support DLT firm 360X
German giants support illiquid assets investment platform.
Fintech funding deals globally 26 April – 2 May 2021
Featuring Brex, Paxos, Vena, Greenlight, and Current.
Video: Top fintech stories this week – 30 April 2021
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe.
AZA Finance acquires Exchange4Free to become largest non-bank FX firm in Africa
Trading firm says it can double its transaction volume to $2.5 billion by 2021.
Sendit.Money chooses Lerex Technology for prepaid payments tech
Mobile wallet provider picks UK prepaid firm in preparation for launch.
JP Morgan, DBS Bank and Temasek to form new payments platform
The platform will start by facilitating flows between Singapore-based banks.
Greek fintech Viva Wallet lands $80m from Tencent, EBRD
Viva is in the midst of launching a credit service for merchant customers.
Thought Machine plugs into Wise’s money transfer API
Thought Machine is plugging into via its own ‘Vault’ platform.
Dear Luc: I want to offer Apple Pay, how easy is mobile wallet integration?
This week Luc tackles Apple Pay integration for fintechs looking to level up their payments.
Blockchain compliance firm Securrency raises $30m in Series B round
The new injection will help Securrency’s expansion in the UAE and the US.
National Commercial Bank migrates payments processing to TranzAxis
Vietnamese bank switches card operations to the Compass Plus system from legacy in-house tech.
Caixa Econômica Federal signs 20-year payments deal with Fiserv
New merchants acquiring deal covers transactions online and in-person.
New fintech Wisely Money aims to connect lenders and borrowers
New start-up offers an “all-in-one” app for short term lending.
BNPL firm Affirm acquires Returnly in $300m deal
More than eight million shoppers have used the online return service.
Nedbank and Mastercard launch WhatsApp payments with Money Message
South African bank aims to provide easy payments to small businesses.
Clearing start-up Embedded Financial attracts $20m in seed funding
The new firm aims to take a modern approach to clearing.
Mizrahi-Tehafot Bank picks up Finastra payments solution
Israel-based bank extends partnership with Finastra.
Mantl closes $40m Series B funding round
The account-opening fintech aims to continue its rapid growth.
Atlanta is increasingly being recognized as a global fintech center
A considerable IT talent pool, business-friendly taxation, an international airport, and lower living costs.
Fintech funding deals globally 19-25 April 2021
Featuring Alan, Deel, Chargebee, Classy, and Tamara.
