Unpacking Europe’s 2019’s major tech milestones with NIIT
FinTech Futures breaks down this year’s trends with Gautam Samanta at NIIT.
Asia
Turkish banks and FIs sign majority stake in JCR Eurasia
Turkey seems to be establishing a national credit rating agency.
Paytm raises $1bn in fresh round of funding
Indian payments giant aims to battle the bigtechs
Crypto compliance start-up TRM Labs raises $4.2m with help of PayPal
Backers include Reddit’s founder and PayPal Ventures.
Askari Bank selects Finastra to boost trade finance operations
Pakistan-based bank selects Fusion Trade Innovation.
Amica emerges as latest challenger in Indian banking market
The neobank remains in stealth mode for the time being.
BRICS nations aiming for common payment system
Russian official says the association is looking to reduce reliance on USD.
India’s NSE announces API sandbox for fintechs around the world
The sandbox was launched at Singapore FinTech Festival 2019.
Yes Bank launches India’s biggest API sandbox
Private lender says ‘yes’ to fintech developer collaboration.
Ecommerce insurtech Cover Genius raises $10m in Series B round
The round will fuel further growth into the UK, the US and Asia.
Video: Top fintech stories this week – 08 November 2019
FinTech Future’s weekly news round-up.
India’s Reserve Bank welcomes retail paytechs to new regulatory sandbox
The bank hopes to “spur innovation in [the] digital payments space”.
Appway: Firms must seize “opportunity of disloyalty”
Wealth management is a traditionally “sticky” industry.
India’s Yes Bank gets $1.2bn takeover offer from unnamed tech investor
Stocks soared as high as 39% following the announcement.
Instabase raises $105m sent to unicorn status
The bank app has raised $132 million since it began in 2015.
Islamic challenger bank insha launches in Germany
New entrant wants to place the daily life of a Muslim at the centre of its offering.
Video: Top fintech stories this week – 18 October 2019
FinTech Future’s weekly news round-up.
India’s fintech Paytm in talks with T Rowe Price for $1 billion funding round
Existing investors SoftBank and Ant Financial are also expected to participate.
Video: Top fintech stories this week – 11 October 2019
FinTech Future’s weekly news round-up.
Pakistan’s JS Bank first in country to launch ‘chat banking’ on WhatsApp
The service is free to use with no registration process.
Swift to expand its gpi into securities and FX transactions
Swift predicts the world too will take this holistic approach to gpi.
Standard Chartered Bank tackles reporting restrictions with BearingPoint
The new solution covers more than 130 jurisdictions.
The challenges for banks and fintechs when building a partnership
Chris Ward, author at Mapa research, dissects the changing definition of ‘partnerships’ in fintech.
Emerging markets seeking London’s fintech crown
City of London mayor gives UK firms stark warning.
ISLA tells lenders how to avoid “unsustainable levels” of cost and risk
By standardising and automating, the industry will become “future-proof”.
Challenger banks in India: who’s who and what’s their tech
A comprehensive list of Indian challenger banks and banking services, and the tech they are using.
Sibos 2019: Final wrap-up of talks, interviews and daily news
See our final wrap-up of the London-hosted four day event!
Mobile finance fintech Channel VAS lands $54m investment
Investors see potential in Africa’s “growing yet underpenetrated mobile airtime market.”
UAE’s first digital business bank launches
E20 has been designed for SMEs and entrepreneurs.
Daily News at Sibos 2019: Day Four
Download your copy of the day four edition today!
United Bank of India launches voice banking
FSS offers the solution in partnership with Amazon.
Sampath Bank launches virtual teller machine
The branch-in-a kiosk solution that will provide customers with 24/7 banking services.
The final extension for the 20th Banking Technology Awards
There’s one more chance to submit your entries!
Indian neobank Yelo raises seed round
The start-up is personalised to gig economy workers.
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
Yes Bank uses Microsoft’s AI platform for chatbot
The AI chatbot is well-versed in the banking world.
Namaste Credit becomes neobank
The new bank will be launching its ‘Namaste Biz’ app soon.
Ethical investment platform Yielder completes Series A funding round
Yielders has set its sights on securing licenses in Pan-Asia and the GCC.
Tech Mahindra and Adjoint collaborate on blockchain finserv and insurance solution
This will be the firms first treasury and insurance blockchain solution offering.
Indian digital payment firm BharatPe raises $50m
The company is now valued at $225 million.
