Founder and CTO of Malauzai leaves Finastra
Daniel Piangerelli departs two years after Finastra acquisition.
Banking
New York challenger Current lands $131m in Series C funding round
The capital will go towards Current’s product offerings.
Navigating the new normal – how to redefine KYB and enhance the SME experience
The “one size fits all” approach to compliant onboarding is simply no longer relevant.
HMBradley lands $18.25m Series A led by Chime investor Acrew Capital
To date, the fintech claims it has surpassed $90 million in customer deposits.
AI rewrites 21st century debt collection practices
It’s likely that AI will find a range of uses in the debt collection sector.
Blockchain-based lender Figure seeks US bank charter
Figure wants to simplify its regulatory and compliance procedures.
Be Money rebrands as Daylight in preparation for US launch
Daylight promises a range of LGBTQ+ services to support its customers.
Christian Investors Financial picks Finastra core system
Finastra to deploy Phoenix on the Microsoft cloud.
Fidelity Bank & Trust goes live on Jack Henry’s SilverLake system
The Iowa-based bank replaces several legacy systems
Google Pay unveils integrated banking challenger Plex
Plex will sit in the wider, revamped Google Pay app.
The growth springboard for your bank
Coforge and Profinch execs share their thoughts on Oracle Flexcube.
US crypto exchange Gemini banks on ClearBank for UK operations
Gemini launched in the UK two months ago.
Neobank Mercury aims to serve US start-up scene
Founded in 2017, the bank has raised $26m so far.
Opportunity costs for cynics
The only new opportunity COVID gives us is to be honest about the opportunities we missed.
MSU Federal Credit Union built its own app in 2009 – where is it now?
MSU holds around $5.5 billion in assets and is America’s 48th largest credit union.
PNC buys BBVA’s US arm for $11.6bn creating America’s fifth-largest bank
PNC expects the acquisition will generate around $900 million in cost savings.
Temenos wins new US customer in de novo bank ACDC
ACDC is in the process of applying for a banking licence in the US.
Innovation in Retail Banking Report 2020
Responses from 750+ senior bankers the world over with a focus on adapting to changes brought on by COVID-19.
Report: Three key strategies for customer experience success
In-depth industry report on customer experience, featuring expert insights from Mettle, HSBC & Northwestern Mutual.
Video: Top fintech stories this week – 13 November 2020
FinTech Futures’ weekly news round-up.
UK BaaS Railsbank lands $37m for US credit expansion
“Railsbank [is] set out on a mission to be a truly global platform.”
Standard Chartered signs five-year cloud deal with AWS
The bank deepens its relationship with cloud hosting giant.
Banking Technology November 2020 issue out now
Without limits: The Barclays accelerator races ahead
Neobanks may have lost their shine, but the fintech revolution is far from over
Now, a few years on from what seemed like an unstoppable rise, things aren’t quite so rosy.
Fintech execs race towards workplace diversity
Divido’s Christer Holloman launches Fintech Finishers to raise D&I awareness.
Let them eat cake
The pay-off in building a bank for the future vs the short-term gains of playing it safe is worth every single bite.
The pursuit for equality
I decided I wanted to play a part in empowering women and other underrepresented individuals.
Webinar: Winning over senior management with a low-code approach to digital transformation
Real use cases for low-code and why using it for in-house development is a viable alternative to using third-party products.
Webinar: Managing data today – real time, real AI, real application
Learn how effortless it is to transform your operations and take data processes to the next level.
HSBC launches Global Money account in US to rival fintechs
The bank’s aim behind the new service is to create “one global account”.
Why COVID-19 could spur the next phase of bank branch evolution
This shift in the function of bank branches has been underway for decades.
Breaking down banks
Any one of these layers may have its own technical architecture or even be a separate business.
UMassFive College Federal Credit Union goes live on Fiserv’s DNA
Fiserv EVP praises the credit union’s “commitment, dedication and efforts”.
UK banks and challengers ranked: from on-boarding to app functionality
We use an analytics platform to figure out which UK banks are giving their customers the best service.
Oracle wins first client in Guatemala with Banrural
Banrural has selected a host of Oracle systems and platforms.
US financial literacy app Jassby plans virtual debit card for kids
The Massachusetts-based fintech wants to help parents teach their children about finance.
Chime’s app goes down for a day as users complain of rejected purchases
“We are currently experiencing intermittent outages,” Chime said.
Deepfakes in finance: a threat to be wary of?
Fraudsters are turning to synthetic identities to open new accounts.
US challenger Bella plans launch around conversational banking
Bella offers a range of consumer-friendly options, including gifts and randomised cashback.
Engage, empower and advance: Black voices in venture capital
Co-founder of BLCK VC and Storm Ventures associate, Frederik Groce, is on a mission.
