Raisin and Deposit Solutions merge to create pan-European fintech giant
The newly formed Raisin DS is already turning its eyes towards the US.
Retail Banking
BayernLB picks Broadridge to cover regulatory reporting needs
Broadridge to help German bank with SFTR, EMIR, SiFIR, and MMSR reporting.
Saudi Arabia grants first digital banking licences
STC Pay and ARTAR given green light by central bank.
Tinkoff picks Anodot AI solution to improve customer experience
Russian neobank seeks to monitor high volumes of data.
Lloyds announces 44 fresh branch closures, brings total up to 100
UK bank extends closure programme in response to customers moving online.
Credito Emiliano goes live on Temenos Infinity to launch new mobile app
Italian lender develops new digital channel in nine months with Temenos.
Video: fintech news pick of the week – Wise, Société Générale & BBVA
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Standard Bank extends Microsoft partnership to boost cloud migration
The South African bank renews a 30-year deal with the US tech giant.
Tennessee Valley Federal Credit Union picks Symitar for cloud-based core
Chattanooga-based credit union seeks expansion with new system.
Standard Chartered appoints Roel Louwhoff as new technology exec
The former ING exec will begin his new role in November 2021.
ICYMI funding round-up: Upflow, TRM Labs, Booste, Crediverso & more
A heaping helpful of funding rounds from this week to get your teeth into.
Liberty Bank selects Payrailz payments tech in ongoing digital drive
Connecticut-based bank seeks “money movement experience”.
White paper: Cloud momentum is building in retail banking
Learn how cloud adoption is growing faster than anybody ever envisaged.
Infographic: Modern consumer experiences run on cloud
Cloud technology is the future of finance. Find out how it’ll get you there.
Market commentary: Cloud momentum is building in retail banking
Find out why cloud is the way forward, and how to navigate the journey.
What the Fintech? | S.2 Episode 13 | The terror of technological debt
Vincent Kilcoyne, executive vice president at SmartStream, joins us on our What the Fintech? podcast.
American Express debuts checking account product for small US businesses
The product has been developed by recent AmEx acquisition Kabbage.
BlackRock to buy slice of 10x Future Technologies in £132m funding round
10x has been planning a new fundraise since late last year.
Lloyds hires former DBS Bank exec David Gledhill as new COO
Gledhill, who takes over in August, also spent 20 years with JP Morgan.
Video: fintech news pick of the week – Klarna, Mastercard & BBVA
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
BMO Harris Bank picks FIS for multi-year core banking transformation
FIS’ Systematics legacy tech out, Modern Banking Platform in, at BMO Harris Bank.
Mizuho Bank president resigns after damaging system glitches
The Japanese bank experienced four outages in February this year.
BBVA cuts Spanish workforce by 13% to survive “tremendous competitive pressure”
The Spanish bank says digital changes and new competitors have forced its hand.
Virgin Money Australia goes live on Temenos Banking Cloud
The Australian bank selected Temenos in March 2020.
Philippines grants digital banking licence to Unobank holding company
Unobank aims to bridge the financial inclusion gap in its home country.
Dear Luc: Should we ditch the plastic bank card?
This week our writer wonders if we should start ditching plastic cards to be more environmentally friendly.
What the Fintech? | S.2 Episode 12 | The cognitive barrier of poverty
Kunal Galav, regional director for EMEA at Mambu, joins us on this latest episode of the What the Fintech? podcast.
Federal appeal overturns New York block on US Fintech Charter
The three-judge panel said NYDFS failed to show it had suffered “actual or imminent injury”.
Video: fintech news pick of the week – Standard Chartered, PayPal and Trulioo
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Nubank raises $500m from Buffet-led Berkshire Hathaway in $750m mega-round
The Brazilian digital bank’s Series G funding round has now topped $1.15 billion.
Trulioo raises $394m in TCV-led Series D funding round
The identity verification firm has now raised $474m in total.
Aussie neobank Volt lands extended Series E investment from AFG
AFG picks up an 8% stake in Volt as part of the deal.
Indonesian digital bank Jago signs cloud banking deal with Mambu
Newly-branded digital bank seeks to capitalise on recent success with new platform.
ICYMI funding round-up: Airtm, Cushon, Stake, Clim8, Nordigen & ikigai
A quick summary of this week’s smaller funding rounds.
Divido raises $30m from HSBC and ING to expand white label BNPL product
Founded in 2014, the firm claims 1,000 clients across 10 markets.
Community bank-focused Synctera raises $33m in Series A round
Synctera aims to facilitate partnerships between community banks and fintechs.
Techcombank selects Backbase for retail and corporate omnichannel banking
The decision is part of the bank’s strategy to scale and enhance its digital offerings.
Video: fintech news pick of the week – HSBC, Klarna & Tandem
Top pick of news from the world of finance and tech in bitesize video format, twice a week.
Bankable signs ten-year partnership with Aion Bank and Vodeno
The trio are targeting European banks, brands and fintechs.
CBA invests in online shopping start-up Little Birdie and energy retailer Amber
The Aussie bank is seeking to add value and increase engagement for its digital banking offering.
