Tesco Bank kicks off three-year ATM modernisation project
2,000 machines will be replaced by the end of 2023.
Retail Banking
SoFi to acquire Golden Pacific Bancorp in $22m quest for US bank charter
US fintech switches tactics to nab an existing licence.
Suez Canal Bank extends Temenos partnership with Infinity deal
The bank is an existing user of Temenos’ core banking platform.
Santander picks Planixs tech to power liquidity management
Spanish multinational to deploy Planixs’ Realti system.
Codat secures investment from Amex and PayPal
Codat gains big backers as it gears up for US launch.
FinTech Futures Industry Survey & Report 2021
A deep-dive into the trends defining 2021 and beyond, based on a comprehensive survey of the industry.
Payments Canada picks Interac for real-time infrastructure
Interac will use its e-Transfer service in the design, construction and maintenance of the system.
Budget 2021: What does it mean for UK fintech?
FinTech Futures scrolls through the UK chancellor’s new budget to pick out the fintech impact.
Piraeus Bank extends Antelop partnership for digital payments
The Greek bank has worked with Antelop since 2018.
Kenyan start-up Powered by People raises $1.5m seed funding
The round was led by Matt Kalish of DraftKings and TBD Angels.
Philippines-based neobank Uno boosts AI services with Xebia deal
The prospective bank is pushing its AI capabilities as a unique selling point.
Thasunda Brown Duckett leaves JP Morgan Chase for TIAA
Duckett replaces the retiring Roger Ferguson.
UK challengers Monument, Pockit and TreeCard bank funding
Three UK banking services start-ups have landed investment recently.
Atom Bank plans £40m shareholder fundraise in prep for future IPO
The bank has raised £429 million to date from eight funding rounds.
Pension builder Vantik signs card partnership with Mastercard
German fintech to issue new debit card for users in 2021.
Report: The power of data analytics in fintech solutions
A deep-dive industry report focused on the priorities and use of data analytics at financial institutions.
US fintech for gamers Zytara signs payments partnership with i2c
The deal follows Zytara’s launching of its own stablecoin.
Bank of Queensland splashes $1bn to challenge Big Four with ME Bank purchase
Australian lender seeks to make up ground on country’s largest lender.
Alpha Bank finalises €10.8bn loan portfolio sale
US fund Davidson Kempner takes on largest portfolio sale of its kind in Greece.
Banesco Panamá plans digital revamp with Backbase
Panamanian lender to integrate new products and solutions online.
Manchester Credit Union signs payments deal with ClearBank
ClearBank and incuto give credit union access to Faster Payments.
Personetics raises $75m from Warburg Pincus
Data analytics and customer engagement firm plans expansion with new funding.
Is 2021 the year to inspire better banking?
Sanat Rao says the time is right to invest in back-end systems change.
BankPlus replacing 30-year-old core system with Jack Henry’s SilverLake
Southwestern US bank picked SilverLake after feedback from its peers.
USAA Federal Savings Bank nabs new risk head from Citigroup
Neeraj Singh replaces retiring Torben Ostergaard.
Form3 appoints ACI Worldwide’s Jessica Letterman as new customer chief
Letterman joins after 13 years at her previous employer.
Société Générale revamps private banking in Europe with Azqore
SocGen’s Luxembourg, Monaco, and Swiss locations switching up their tech.
Oxbury Bank goes live on Naqoda core banking system
The two have worked together since Oxbury’s inception
Nubank rakes in $400m to fuel expansion in Colombia and Mexico
Brazilian challenger reaches $1.8 billion in total funding raised.
Craft Bank picks Jack Henry’s SilverLake after 2020 launch
Atlanta-based de novo bank deploys SilverLake in the cloud.
Founder-focused start-up Remagine nabs €20m in seed investment
Berlin-based firm aims to help “impactful” businesses with a range of products.
Saudi start-up Hakbah raises $1.2m in seed funding
Hakbah aims to “modernise and ease” savings in Saudi Arabia.
ECB launches climate change unit
The central bank has previously been criticised over its bond purchasing.
FinTech Futures Jobs: five awesome fintech companies founded by women
Featuring Aya Payments, Modularbank, First Boulevard, GoHenry, and Alinea Invest.
Minna Technologies raises €15.5m in Series B funding round
Minna says the investment will be used for global expansion, “with requests from all continents”.
FinTech Futures Jobs: new year, new job – five tech companies that are hiring now
Featuring CGI, Cleo AI, Freetrade, Market Finance, and Monzo.
Corporate credit card start-up Moss raises €21 million in Series A
Moss wants to change the way companies track expenses.
Aion Bank signs payments processing deal with Form3
Form3 to provide real-time payment processing, clearing and settlement.
Goldman picks Marqeta to power Marcus current account rollout
Marcus plans to launch its new accounts later this year.
US banks must lose “legacy anchor” to meet customer needs in 2021
The banking landscape in North America is undergoing a fundamental shift.
