Core banking system vendor Thought Machine raises $200m in Series C
Founder and CEO Paul Taylor says Thought Machine was set up to “eradicate legacy technology from the industry”.
Banking
Q&A: ServiceNow on how banks can stay competitive through digital transformation
Helping banks to evolve dramatically, quickly, and with flexibility and resiliency built in.
Video: fintech news pick of the week – MoonPay, Airwallex & Gemini
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Congratulations to this year’s Banking Tech Awards winners!
The ceremony took place on 24 November at the Royal Lancaster Hotel in London.
The heat is on for banks to cool the planet
Banking has a bigger role to play in climate change than many of us realise.
What happens next?
The deal is: you can moan and rant and vent as much as you want. Provided you do something next.
Black-owned Adelphi Bank files for licence in the US
The new bank is intended to provide African Americans with better access to financial services.
Global digital payments growth in the pandemic and beyond
The pandemic compressed decades’ worth of transformation and digitisation into the space of several months.
Three roads to banking platforms
Banks must move quickly – the first mover is best positioned to win in a business where the winner takes all.
Video: fintech news pick of the week – N26, CaixaBank, Oportun & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
ID platform Alloy selected by LGBTQ+ digital bank Daylight for customer verification
Alloy’s API-based platform will be used to automate the bank’s identity verification process.
Legacy systems in banking: the major barrier for digital transformation
Modernisation of the core banking system is exactly where the transformation journey begins.
New FinTech Futures Report: The Changing Face of Cybersecurity
The latest deep-dive report and survey in the industry, focusing on the changing nature of cybersecurity in a new age.
FinTech Futures Jobs: Three exciting open roles at OakNorth to apply for
Exciting open vacancies at OakNorth. Apply today!
Upgrade raises $280m in Series F funding at $6bn valuation
The fintech has raised $600 million in equity capital since inception in 2017.
Fusion Credit Union selects BankBI for financial performance management
Deal stems from partnership between BankBI and Canadian credit union solutions firm Celero.
Cloud banking provider nCino to acquire mortgage neolender SimpleNexus
Finserv provider says acquisition is a “natural expansion” of its digital banking platform.
Thinking net-zero
Every bank, fintech, and financial institution should now be looking to prioritise ESG and net-zero initiatives.
Digital bank N26 to withdraw from US in January to focus on Europe
N26 will no longer serve US customers after 11 January 2022.
Wyoming Bank and Trust selects Computer Services for core banking upgrade
The locally-owned bank has selected CSI’s NuPoint core platform.
US Bancorp to buy expense and travel management partner TravelBank
The deal is expected to close before the end of the year.
FinTech Futures industry survey 2022
Share your views on the state of play in financial services, banking and payments technology sectors.
Oportun to buy neobank Digit in $213m deal
Acquisition intended to accelerate Oportun’s expansion plans by three to five years.
Impostor syndrome lite
The world is not divided between those with self-doubt and self-assurance. But if it was, I would pick the doubters any day.
Patriot Bank to acquire American Challenger and adopt its tech stack
Patriot will migrate to American Challenger’s technology platform.
BM Technologies to acquire First Sound Bank
The deal is expected to close in the second half of 2022.
Financial advice and social media: what does it mean for the future of fintech?
It is up to financial services companies to help identify trusted resources for financial advice.
Is customer experience at the centre of your digital transformation strategy?
To compete with fintechs, it’s best for banks to start with the customer experience and work backward.
What the FinTech? | S.2 Episode 24 | Innovation, innovation, innovation
Annerie Vreugdenhil, chief innovation officer at ING, joins us for the latest episode of What the Fintech? Annerie, who is also head of ING Neo, talks to us about the rise and rise of buy now, pay later (BNPL) firms and her opinion of how the budding industry sector is attracting the high customer numbers […]
Standard Chartered taps SAP for SaaS banking connectivity solution
SAP Multi-Bank Connectivity will enhance the transactional banking experience for corporates, the bank says.
A revolution in the making: how digital transformation is changing P2P payments
The pandemic has accelerated P2P payment developments which are shaping customer experience in new ways.
ICYMI funding round-up: Tarabut Gateway, TotallyMoney, Quartr & more
Another collection of funding rounds and raises from all over the world you might have missed.
FinTech Futures Jobs: Five tips on how to prepare for a remote job interview
Take a look at some tips on how you can best prepare for a remote job interview.
Open banking’s failure
The impact of open banking is on the scale of the industrial revolution. It just needs time to fully play out.
The power of CX: Helping banks redefine their role in society
Evlovers place consumers at the heart of their approach, above profits.
Making the numbers dance
Numbers are always true. But they don’t always mean what you say they do.
Argentinian fintech Ualá to acquire Mexico’s ABC Capital
The company launched in Argentina in 2017 before expanding its services to Mexico last year.
FinHub Global Ventures launches new business challenger Mixbank
Mixbank aims to provide banking and cash management for businesses without the need for a credit card.
US cloud AI platform H20.ai raises $100m in Series E round
Commonwealth Bank of Australia led the round and will form strategic partnership with H20.ai.
New fintech Uellbee aims to improve financial inclusion in Mexico
The firm will offer access to credit, financial coaching, and savings.
