Transforming payments from a cost centre to a revenue centre
Moving from a tactical to a strategic approach to payment modernisation.
Innovation
GoCardless joins unicorn club with $312m Series G funding
The direct bank payment solution provider is now valued at $2.1 billion.
Intesa Sanpaolo partners Thought Machine for new digital bank offering
The new digital bank will cater to the 4 million Intesa Sanpaolo customers already utilising digital-first services.
Mos secures $40m Series B funding to drive product expansion
The cash will go towards hiring new staff as Mos looks to maintain its recent growth spurt.
US start-up LoanStreet closes $25m Series B funding round, eyes Canada
Founded in 2013, LoanStreet claims 1,200+ US banks, credit unions, and direct lenders as customers.
Lowering the ladder: how NY fintech Xrent plans to help millennials become homeowners
“We have seen a widening wealth gap trend without much sign of slowing down,” says Xrent.
Fiserv acquires rival core vendor Finxact for $650m
Finxact was set up in 2016 to bring a modern, cloud-based alternative to the US market.
B2B payments shouldn’t be a zero-sum game
New approaches to Accounts Payable (AP) and payment optimisation are creating mutual value for buyers and suppliers.
How fintech can help women and girls solve the climate crisis
If you want to help save the planet, gender equality should be at the heart of climate action.
B2B payments and financing platform Tribal lands $60m Series B to support LatAm expansion
Tribal says the Latin American region represents a $175 billion market opportunity.
Bank of Baroda taps enterprise tech provider NCR for ATM-as-a-Service solution
The Indian bank says the new ATMs will offer “expanded transaction options via our self-service channel”.
HSBC partners and invests $100m in Bill Gates-founded green tech accelerator Catalyst
The bank’s chief sustainability officer says green tech needs investment “to become reality”.
ICYMI fintech funding round-up: Akuvo, BFM, Billhop, Finverity, & LemonEdge
Our weekly round-up for you to get the latest fintech funding news.
White paper: Real-time payments – the exciting state of the union
An update on the state of RTP in the US, based on Aite-Novarica Group’s in-depth research.
Crypto wallet Phantom launches app following $109m Series B raise
Phantom claims to be “the fastest growing crypto wallet”.
Meta drops crypto project Diem due to regulatory roadblocks
The Diem Association has sold its intellectual property and tech assets to Silvergate Capital in a $182m deal.
We need to talk about Bob
Digital transformation focuses where it’s high value, but most of banking happens by human intervention.
Banking Technology February 2022 issue out now
Cover story: THE FUTURE CALLS – Three predictions for the year ahead.
Bolt founder Ryan Breslow announces new CEO after Silicon Valley Twitter rant
Breslow has moved to a new role as executive chairman, focusing on funding and acquisitions.
New US debit card fintech Xrent aims to help renters get on the property ladder
The fintech’s ‘rent-to-mortgage’ programme is designed to direct rent payments toward homeownership.
Digital acceleration shines a light on new challenges facing small businesses
The search for adequate SME funding and opportunities to minimise costs are at an all-time high.
Black-owned wealthtech start-up Esusu hits $1bn valuation following $130m Series B
Esusu is now one of just a handful of Black-owned unicorn start-ups in the world.
Anti-fraud firm ClearSale acquires US tech start-up ChargebackOps for initial $3.6m
“Chargebacks are an enormous and growing problem for e-commerce merchants,” says ClearSale EVP.
Garden of Eden: how Africa’s digital transformation promises to boost the continent
Demographics, technology and opportunity have set the stage for Africa to become a global fintech powerhouse.
Fintech start-up destream to launch bank card aimed at internet content creators
Destream says banks often block large payments from donations and platform subscriptions.
The proliferation of digital transformation: from ‘nice to have’ to a necessity for success
Digital transformation has become the benchmark for survival in the financial market.
Banking Tech Awards 2021 Highly Commended: QuickFi – Best Use of IT for Lending
QuickFi eliminates loan officers and other salespeople in favour of an entirely new borrower self-service experience.
Banking on the metaverse
Having a presence in the metaverse seems inevitable, and the best time to understand the possibilities is now.
ICYMI funding round-up: ApexEdge, DirectID, Everything, NALA, Tuum, & OZÉ
Our weekly round-up for you to get the latest fintech funding news.
Walmart-backed Hazel snaps up fintech platforms Even and One in super app push
Walmart CEO says the app will allow users to “manage their money in one place”.
UBS agrees $1.4bn deal to acquire wealth management platform Wealthfront
Millennial and Gen Z-focused Wealthfront caters to “the next generation of investors”.
BNPL provider Splitit appoints new CEO, Nandan Sheth
Nandan Sheth moves from Fiserv, where he was head of global digital commerce and the firm’s Carat business.
Pinwheel raises $50m in Series B to help create “fairer financial system”
Pinwheel provides an API that allows businesses to connect payroll accounts to their applications.
The ‘way forward’ is not a spectator sport
A new normal is inevitable, and we need to start thinking about what to do next.
Modifi acquires Seawise Capital’s trade finance and SaaS business in India
Modifi’s business in India has grown more than 2,100% over the past 18 months.
Baton Systems appoints ex-Barclays exec as its first COO
David Ornstein steps into a newly-created role of chief operating officer (COO) at Baton.
Crypto asset software and data provider Lukka lands $110m in Series E
New York-based Lukka is now valued at $1.3 billion.
ING spin-out fintech Katana Labs shuts down
“I regret to announce that Katana Labs will cease to operate as of January 31, 2022,” founder says.
How important is language when it comes to communicating climate change?
Climate change has a global audience, and your communications need to reflect this.
Webinar: How to detect and prevent account takeover attacks and protect your customers
Guest speaker: Ash Khan, head of enterprise fraud management, Bank of Montreal (BMO)
