Open hits $50m funding for SME banking
The Indian fintech will use the funds to scale up the team.
Corporate & Commercial Banking
Metro Bank selects Artesian’s KYC solution
Data-driven automation of KYC and risk, aims to improve onboarding processes.
Token lands $16.5m funding round
It will use the funds to build on its TokenOS open banking platform.
Bento unveils Venmo-style digital payment solution for SMEs
Bento Pay will only require the payee’s email address in order to send payments.
Brex raises $100m to reach $2.6bn valuation
In an extension to a Series C round launched in October.
Commercial banks are joining the API revolution
Ultimately, the power of APIs is not in the technology but in the vision behind that technology.
MSB chooses SunTec to deliver customer-centric services
Aims to elevate customer engagement and personalisation.
White paper: How to drive business impact with payments
Download this free white paper to learn about how payments can improve your business.
Purpose extends digital portfolio by acquiring CreditGenie
Toronto-based CreditGenie aims to disrupt point-of-sale financing.
New APP scam protection code comes into force
Victims now more likely to get their money back.
Joining the dots: the evolution of correspondent banking
Assessing the potential benefits of joining several digital platforms to form a “network of networks”.
Kyriba is first treasury platform to offer corporates RTP through JP Morgan
Corporate clients of both firms can use the service.
White paper: Shapeshifting – a look at the evolving landscape of cross-border payments
Discussing consumerism, PSD2, managing risk and the power of digital ecosystem.
Zenus Bank launches aiming to serve global clients
The US bank holds an international license.
Canadian CIBC launches platform for SMEs
It allows users to manage accounting and payroll insights.
Two new next-gen banks to open in the US
Piermont Bank and Nexos National Bank.
Nationwide invests in new payment request service Ordo
The direct payment app launches later this year.
FIS links up with Visa
A new tool for the FIS clients to process high-value corporate, cross-border payments.
TD Bank moves to Microsoft Azure cloud
The bank has also implemented Office 365 for employees.
Webinar: Collaboration is key to digital banking
Sign up to hear from our leading panel of financial and technology companies!
Standard Chartered fined $1.1bn for bad AML and sanctions breach
Both US and UK regulators have imposed large penalties.
Banco BASE chooses Volante to deliver modern payments platform
Serving corporations and medium-sized businesses in Mexico.
Watermark Bank makes a splash in Oklahoma
Built for entrepreneurs for entrepreneurs, Oklahoma’s first new bank since 2009.
Bento for Business partners with Visa
The Visa card replaces the company’s Mastercard prepaid card.
Deutsche Bank and Serrala launch API interface for SEPA payments
A step towards facilitating real-time treasury.
Boost Payment Solutions closes $12m funding
Aimed at raising its profile to provide payments across industries.
PayTech Awards entry deadline extended!
Enter the PayTech Awards by Friday, 12 April.
Case study: Information Builders and Millennium BCP
See how the largest private bank in Portugal, Millenium BCP enhanced decision-making capabilities
Commonwealth Bank & Trust upgrades tech with Jack Henry
With the aim to bring in more commercial customers.
New $4.8m funding for SME bank Novo
The bank targets small businesses with a digital banking offer.
Top fintech stories this week – 29 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
First transactions carried out on blockchain-based Marco Polo network
Delivery triggers irrevocable payment from buyer’s bank.
Credijusto closes $100m credit facility with Goldman Sachs
The Mexican lendtech provides SMEs with credit.
Video: fintech news weekly round-up – 25 March 2019
FIS acquires Worldpay, PSD2, Tandem, and other news!
Bank of the West shifts to hosted for Systematics core
The bank is a long-standing user of the mainframe-based core system.
Wolters Kluwer gets new credit union win in Florida
Grow Financial Credit Union is implementing lending and compliance solutions in 26 branches.
Prepaid Technologies acquires Dash purchasing card portfolio
The deal more than doubles the firm’s expense management business.
Challenger banks country by country: who’s who (and what’s their tech)
Comprehensive and free guides for UK, Spain, Germany, France, US, Canada, South Africa, Australia, India and Hong Kong.
Thinknum gets $11.6m funding for alternative data platform
Thinknum, a provider of web-sourced alternative data, is announcing a $11.6 million Series A funding round.
Urban FT Group brings community banks to the mobile era
To compete with the top tier banks’ services and tools for customers.
