Dutch pensions bank Brand New Day picks Five Degrees core system
Neo comes in to replace older Matrix system.
Europe
FinTech Futures Jobs: Three exciting companies to keep an eye on for job opportunities
Exciting vacancies at Grant Thornton, Deloitte and BNY Mellon. Apply today!
Tribe Payments partners ClearBank to provide banking access for fintechs
The partnership will allow clients to add banking services to their payment products.
Klarna signs merchant financing partnership with Liberis
Liberis will roll out its revenue-based solution in the coming months.
Danske Bank to merge MobilePay with Nordic payment apps Vipps and Pivo
The parties say they have joined forces to “strengthen product development and innovation”.
Ghana International Bank selects Backbase to drive digital transformation
The Dutch fintech will act as the core strategic partner for the bank’s digital operations.
UK fintech Chippingin provides crowdfunding for kids
New collaborative payments firm claims to be the first of its kind.
Deutsche Börse acquires Swiss digital assets firm Crypto Finance
German group paid “a modest three-digit million” sum for the firm.
NatWest sells Ulster Bank commercial lending business to AIB in €4.2bn deal
NatWest continues with its withdrawal from the Irish market.
Crédit Agricole CIB plans quantum computing project with new partnership
French bank signs deal with Pasqal and Multiverse Computing.
Tide expands to India with £100m investment and RBL Bank partnership
UK business bank aims to “unleash” the potential of Indian SMEs.
Retirement platform Smart raises $165m in Series D funding
Chrysalis Investments led the round with a £75 million equity investment.
ClearScore lands $200m investment from Invus
The UK fintech is looking to accelerate its global expansion.
Raisin and Deposit Solutions merge to create pan-European fintech giant
The newly formed Raisin DS is already turning its eyes towards the US.
Deutsche Bank partners Oracle to upgrade its IT systems
The bank is looking to modernise its database tech and accelerate its digital transformation.
BayernLB picks Broadridge to cover regulatory reporting needs
Broadridge to help German bank with SFTR, EMIR, SiFIR, and MMSR reporting.
FinTech Futures Jobs: Three fantastic permanent jobs open in London right now
Exciting vacancies at OakNorth, BNY Mellon and Checkout.com. Apply today!
Visa to acquire open banking platform Tink in €1.8bn deal
Visa hopes to “help accelerate the adoption of open banking in Europe”.
FCA research reveals 21% increase in cryptoasset ownership
The watchdog estimates that around 2.3 million adults in the UK now hold cryptoassets.
Viva Wallet picks Fraudio to support anti-money laundering operations
The Greek fintech is looking to bolster its transaction monitoring.
Tinkoff picks Anodot AI solution to improve customer experience
Russian neobank seeks to monitor high volumes of data.
Lloyds announces 44 fresh branch closures, brings total up to 100
UK bank extends closure programme in response to customers moving online.
Dear Luc: Can my start-up succeed while working from home?
This week our writer wonders if they really need a London address, or can working from home be just as good?
Migrant banking start-up Majority raises $19m in seed funding
The firm offers a mobile banking service for migrants across the US.
Blockchain start-up Securitize lands $48m Series B round co-led by Morgan Stanley
US banking giant says “we believe in the growth and adoption of digital asset securities”.
Credito Emiliano goes live on Temenos Infinity to launch new mobile app
Italian lender develops new digital channel in nine months with Temenos.
Broadridge appoints Ray Tierney as new president of Itiviti
The firm signed a $2.5 billion deal to acquire Itiviti earlier this year.
Raisin lands first US partner bank with Dallas-based MapleMark
German fintech makes headway after 18 months of preparation.
Dutch fintech Mollie raises $800m in Series C round
The investment takes the company’s total valuation to $6.5 billion.
Deutsche Bank signs payments joint venture with Fiserv
The two firms plan to create new acceptance and banking solutions.
Novus partners Visa and Railsbank to launch sustainable banking app
The app will reward “conscious consumers” for sustainable purchasing choices.
BBVA Switzerland launches Bitcoin trading service for private banking clients
The banking giant plans to add support for more cryptocurrencies going forward.
Payshop goes live on BHMI’s Concourse for back-office payments
Portuguese payments firm aims for “seamless support”.
BaaS start-up Unit raises $51m in Series B round
The company also announced the launch of its new service Unit Go.
Open banking – supporting businesses during a critical phase
84% of UK SMEs are frustrated with their current banking experience.
PostFinance Switzerland picks FICO’s Falcon for fraud protection
One-third of all Swiss debit card transactions are made using PostFinance cards.
Standard Chartered appoints Roel Louwhoff as new technology exec
The former ING exec will begin his new role in November 2021.
Volt raises $23.5m to build global instant payments network
The round is the largest Series A on record for the open banking industry.
Fintech Week London welcomes international industry event to UK this summer
Fintech Week London is taking place at a number of select venues in London and online on 12-16 July 2021.
Republic Bank picks Fiserv tech to expand digital offerings
Republic Bank hopes the partnership will “revolutionise” its processing and payment systems.
