FIS acquires BaaS start-up Bond for undisclosed sum
In an internal memo, FIS shares that it completed the Bond acquisition on 8 June.
Customer Experience/CX & User Experience/UX
Netherlands first to launch contactless public transport payments system nationwide
OVpay, the open loop payments system, will now be accepted at all modes of public transport across the country.
Singapore’s Pepper Group eyes India launch with $150m investment
Pepper Money India will offer personal finance products to consumers and aims to launch second half of 2023.
Video: MSUFCU at FinovateSpring 2023 – Boosting financial inclusion in the US
We chat with MSUFCU’s Ben Maxim about how banks across the US can do more to tackle the wealth gap.
Video: Apiture at FinovateSpring 2023 – How FIs can take better advantage of data
We chat with Chris Cox, COO of Apiture, about how banks can make better use of their data.
US fintechs Boom and Finch secure funding
A handy round-up of the recent funding endeavours of fintech companies across the US.
Video: ICBA at FinovateSpring 2023 – How community banks can compete in a digital world
FinTech Futures speaks with Charles Potts, EVP and CIO at Independent Community Bankers of America (ICBA).
Video: US Bank at FinovateSpring 2023 – The evolution of digital payments in the US
We chat with Anu Somani of US Bank about how digital payments have evolved over the last few years.
Video: Coastal Community Bank at FinovateSpring 2023 – Banking in the metaverse
We chat with Coastal Community Bank’s Barb MacLean about the future of the metaverse in financial services.
Cross-border payments start-up Keeta launches with $17m funding
Among Keeta’s investors is ex-CEO of Google, Eric Schmidt.
Wise Platform inks first Japan deal with GMO Aozora Net Bank
The bank said it received a “high volume” of requests for a fast and inexpensive overseas remittance service.
Bank and payment data fintech Ribbit acquires regtech ValidiFI
Ribbit CEO Greg Rable says bringing together the two companies is a “win-win” for both customers and Ribbit.
PayNearMe lands $45m in Series D funding
With the new funds, PayNearMe plans to to accelerate its growth and develop its payments platform further.
ICYMI funding round-up: Credit Genie, EdfaPay and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Congratulations to the Banking Tech Awards USA 2023 winners!
Take a look at the 2023 Banking Tech Awards USA well-deserved winners.
Cross River Bank partners paymints.io for real estate transaction platform
Buyers, sellers, agents and escrow holders, can now move money “swiftly” and access expanded payment options.
The single view of a customer
Having a single view of customer data can help banks streamline their operations.
Mexican fintech Stori secures $50m debt capital from CIM
For Stori, it is the second debt facility from CIM, following a $75m debt facility in November 2021.
Platinum Federal Credit Union taps Jack Henry for Symitar platform
The Symitar platform will allow PFCU to offer business payment services including ACH and wire transfers.
Meniga appoints Dheeraj Soni as its new CEO
Soni joins from mobile payments platform TPAY Mobile, where he served as chief operating officer (COO).
Banque Richelieu Monaco picks ERI’s Olympic Banking System
The project will be delivered as a Software-as-a-Service (SaaS), ERI says.
Ant Group enables Alipay+ mobile wallet integrations in Thailand
The mobile wallets include Alipay HK (Hong Kong SAR), Kakao Pay (South Korea), and Touch ‘n Go eWallet (Malaysia).
CaixaBank launches new app to turn Android devices into POS terminals
The solution is compatible with Visa and Mastercard and offers the same level of security as a traditional POS.
Venmo launches account and debit card for teens
The account will be rolled out to select customers in June and will be “widely available” in the coming weeks.
MultiChoice partners Rapyd to launch new payments platform in Africa
The new platform, called Moment, will offer an expanded payment infrastructure for African businesses.
What the FinTech? | S.4 Episode 9 | The rise of bank payments
In this episode of the podcast, we’re joined by Ben Morfoot, Director of Product Management at GoCardless.
Cambodia’s Sathapana Bank taps Finbots.ai for enhanced credit risk management
CreditX will enable Sathapana Bank to build “high quality” credit risk scorecards and accelerate client onboarding.
UniCredit and Mastercard expand payments innovation partnership
The multi-year arrangement aims to deliver a single card multi-market strategy of significant scale.
Why is Apple taking a bite out of banking?
For Apple, maybe banking is just another brick in the wall, not the wall itself.
US LGBTQ+ neobank Daylight to close down
The final day of Daylight’s banking operations will be 30 June.
FinovateSpring 2023: The top trends shaping the future of financial services
This year’s FinovateSpring conference has put digital transformation and innovation at the top of the agenda.
Digital banking group Tyme lands $77.8m in pre-Series C funding
Existing investor Tencent also increased its stake to become Tyme’s third-largest stakeholder.
Australian government set to regulate BNPL industry
Australia aims to introduce the final BNPL bill in the parliament by the end of 2023.
HSBC unveils AI Markets for institutional investors and corporates
AI Markets “has been built from the ground up with user experience in mind”, HSBC says.
India’s PhonePe secures another $100m from General Atlantic
With the latest funding, PhonePe has raised a total of $850 million in the current round.
Sonata Bank taps Plinqit to help restaurant workers meet savings goals
Through the partnership, Sonata will provide customers with ways to save and plan for future financial needs.
Airbnb taps Stripe to enable bank payments for US customers
The feature will be available for customers with a US bank account.
American Bank & Trust taps Marstone for digital wealth management offering
With the partnership, the bank aims to retain existing client deposits and attract new retail bank customers.
Meridian Bank taps Corserv to launch business credit card programme
With Corserv, Meridian Bank will be able to offer credit cards with a variety of APRs, rewards and features.
Spain’s CaixaBank partners Google Cloud to drive digitalisation
The partnership will see the bank leverage Google Cloud’s cloud computing, data analytics and AI/ML capabilities.
