Webinar | 7 December 2023: Beyond the hype – exploring the real-world use cases for AI in financial services
Join us for what’s sure to be a fascinating deep dive into the world of AI in financial services.
Customer Experience/CX & User Experience/UX
US fintech for older Americans, Charlie, secures $23m Series A
The funding round includes $16 million in equity and $7 million in debt.
What the FinTech? | S.4 Episode 19 | Adapting to regulatory modernisation
In this podcast episode recorded live at Money20/20 USA, we chat with Scot Lenoir, Chairman of Evolve Bank & Trust.
IndusInd Bank taps Viamericas for digital inward remittance offering
The bank says its remittance platform provides customers with full transparency over payments.
UAE’s Ajman Bank selects Codebase Technologies to power retail “super-app”
Ajman Bank will utilise Codebase’s Digibanc platform along with cloud solutions from Cloud4C and Microsoft Azure.
Early Warning’s digital wallet offering Paze readies for launch as the US’ biggest banks look to fend off Big Tech
Paze MD James Anderson chats with FinTech Futures about the fintech’s upcoming product launch.
Demystify Podcast: Demystifying conversational interfaces with Zor Gorelov, founder of Kasisto
Zor Gorelov, founder of Kasisto, shares his visionary perspective on the emergence of artificial financial intelligence (AFI).
Spain’s Twinco Capital secures €50m debt facility from BBVA Spark
The facility will be used to support the company’s portfolio growth and geographical expansion plans.
ICYMI fintech funding round-up: UnaFinancial, Multifi, Triple-A and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Sudan’s Africa and Gulf Bank selects Temenos to power digital transformation
The bank previously signed up for Path Solutions’ iMAL Islamic core banking system back in 2020.
Singapore’s YouTrip eyes international expansion following $50m Series B raise
The latest cash injection brings YouTrip’s total funding to date to over $100 million.
Arteria AI bags $30m to help financial institutions extract data from documentation
The Series B round was led by GGV Capital and takes the start-up’s total funding to date to $50 million.
JP Morgan Payments taps Trulioo for personal and business ID verification
JP Morgan Payments will leverage Trulioo’s person match and identity document verification services.
MAS orders DBS Bank and Citibank to investigate banking services disruption
The banks were unable to recover their systems within the allotted time following a service outage in Singapore.
US fintech start-up Aleph emerges from stealth with $16.7m funding
The round was led by Bain Capital Ventures, with participation from existing backers, angel investors and customers.
US Bank subsidiary Elavon lands UK banking authorisation
With the licence, Elavon intends to offer authorisation, settlement, card machines, and banking services in the UK.
What the FinTech? | S.4 Episode 18 | Powering the future of cross-border payments
In this episode of the podcast, we’re joined by Teresa Cameron, Finance Director at Clear Junction.
NET Credit Union selects Bankjoy for digital onboarding solution
Bankjoy says its solution enables new customers to open an account in just 90 seconds.
Coop taps Additiv to launch new financial services app Coop Finance+
Coop says its “super-app” will provide banking services, payments and pension solutions to its customers.
Scottish challenger Alba Bank taps ClearBank for SME payment management
With the ClearBank partnership, Alba Bank aims to offer “near real-time payments” to its customers.
Former JP Morgan exec Jeremy Balkin’s new venture TodayPay launches from stealth
TodayPay’s solution aims to help merchants provide “instant” refunds to their customers.
JP Morgan and Mastercard’s new Pay-by-Bank solution goes live in the US
Verizon has revealed it will pilot the solution with its US customers “in the coming months”.
Turkish fintech Figopara taps Provenir to automate risk decisioning
The partnership comes as Figopara gears up for a “significant” international expansion push.
Cartoon: Parallel processing
A new cartoon illustrating the different use cases for some of the more popular AI chatbots.
How the UK’s FCA is set to scrutinise banks’ treatment of PEPs with new review
Dr Henry Balani of Encompass Corporation discusses the impact of the review on the UK banking system.
Brian Cole joins ClearScore as group chief financial officer
Cole has previously served as CEO of Barclaycard UK and CEO of Capital One’s UK division.
Citi taps Navan to launch travel and expense system for commercial clients
The new system will initially only be available to US-based commercial clients.
ICYMI fintech funding round-up: Statement, iink, Finzly and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Kasssh launches in the UK to enable consumers to pay for online purchases in cash
The service seeks to bridge the gap between cash and the e-commerce market.
Video: Chainlink at Sibos 2023 – The future of on-chain finance and tokenisation
We chat with Sergey Nazarov of Chainlink about how the firm is solving the blockchain interoperability problem.
UK lendtech Uncapped lands £200m debt facility as it eyes international expansion
With the new facility, Uncapped aims to expand its reach and provide more digital businesses with access to financing.
Generali Investments’ holding company taps Fenergo for AML compliance
Through the partnership, Generali Investments Holding will utilise Fenergo’s client lifecycle management solution.
Saga taps Flagstone to launch over-50s savings platform in the UK
The new platform aims to provide those over the age of 50 with access to competitive savings rates.
Vietnam’s LPBank selects Temenos for core banking upgrade
Temenos has been gaining a foothold in Vietnam, with 24 other Vietnamese banks now running on the firm’s platform.
ID verification specialist Prove Identity bags $40m to fuel global expansion
The company currently counts more than 1,000 businesses as clients, including nine of the top ten banks in the USA.
Video: ComplyAdvantage at Sibos 2023 – Financial crime risk management
We chat with Andrew Davies of ComplyAdvantage about what’s shaping the financial crime landscape in banking.
Canada’s Procurify lands $50m in Series C funding round
The round was led by Ten Coves Capital and brings Procurify’s total equity funding to more than $70m to date.
Southeast Asia’s BigPay taps Thredd to power payment processing
As BigPay expands in Southeast Asia, the firm says it needed a partner with “deep understanding of the region”.
Iwoca lands £200m debt facility from Barclays and Värde Partners
With the new facility, Iwoca plans to meet the “growing demand” among SMEs for working capital.
UAE’s central bank launches Aani, a new instant payments platform
Aani enables transactions to be processed “instantly and securely” at any given time.
