EU plans new digital wallet for payments across all 27 nations
The new wallet is planned for a launch in the middle of 2022.
Financial Services/Finserv
Commerzbank confirms first commercial transactions on Marco Polo network
Commerzbank, İşbank, LBBW and two corporates have completed transactions ahead of a launch.
FortisPay acquires EpicPay and Change Merchant Systems
US payments firm plans to create a unified platform combining all three.
Humans are messy things
Allow humans to be human and expect them to do the same for each other. And no, it’s not easy.
Video: fintech news pick of the week – HSBC, Klarna & Tandem
Top pick of news from the world of finance and tech in bitesize video format, twice a week.
Fintech funding deals globally 24-30 May 2021
Featuring Circle, Forter, Zeta, PaySend, and Agicap.
Chipper Cash raises $100m in SVB-led Series C round
Africa-focused P2P firm claims to be the continent’s most valuable start-up
Colombian BNPL Addi raises $65m in Series B funding round
Addi is continuing a planned expansion into Mexico and Brazil.
Digital insurer Wefox raises $650 million in Series C funding round
The funding round was four times over-subscribed and is a mix of new and existing investors.
Goldman Sachs leads $45m funding round in auto finance specialist MotoRefi
Funding follows strong growth over the last twelve months for US-based company.
CaixaBank aims for omni-channel leadership with ATM overhaul
Spanish bank plans roll-out that unifies the ATM and online experience for customers.
Bankable signs ten-year partnership with Aion Bank and Vodeno
The trio are targeting European banks, brands and fintechs.
Leveling the banking playing field for the masses
Banks should stop making assumptions about what different market segments of banked and underbanked need.
CBA invests in online shopping start-up Little Birdie and energy retailer Amber
The Aussie bank is seeking to add value and increase engagement for its digital banking offering.
UK bookkeeping fintech Coconut embarks on crowdfunding path
The latest funding push by Coconut comes ahead of a significant switch to mandatory quarterly digital filing.
Finja lands Series A investment from Habib Bank in Pakistan
HBL joins other fintech funds invested in Finja including BeeNext, and Vostok Emerging Finance.
Stavvy raises $40m in record Series A funding for New England
Stavvy says it designs platforms to manage security risk and eliminate fragmentation.
Acorns heads for public listing with valuation of $2.2 billion
The US consumer finance subscription service is expected to have a valuation of $2.2 billion.
CNB&T signs Digital Onboarding Inc in plan to boost digital account take-up
The Texas-based bank is the latest signing for a platform that is intended to improve digital account opening rates.
Banking Technology June 2021 issue out now
The only one in the room: why diversity among executives is still a problem
Cybersecurity: doing better, together
Together, we can push each other further and improve the whole industry’s resilience and defences.
Put your brand at the heart of Sibos 2021
Discover marketing and editorial opportunities with our new Sibos Content Hub.
ICYMI funding round-up: Accelex, Pento, Fraudio, Curve & more
With the ever fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
BNPL firm Zip extends acquisition spree, buys up Twisto and Spotii
The Australian firm has spent $105 million on its new buyouts.
Forter raises $300m in Series F to invest in fraud prevention tech
New York-based firm has raised $525 million in total since 2013 and is now valued at $3 billion.
HSBC bids goodbye to loss-making US division as profits move to Asia
HSBC has sold its mass-market retail banking ops to Citizens Bank and Cathay Bank.
B2B card specialist Clara gains $30m in Series A funding
The Mexico-based company is planning expansion in Latin America, starting with Brazil.
Porto Seguro strengthens credit risk with AI-based solution from Brighterion
Porto Seguro has become the first taker in Brazil for the Mastercard company’s AI for Credit Risk.
Belfius Bank adopts OpenSpan’s Mobile Security Suite to protect mobile customers from cybercrime
As cybercrime activity increases steeply, the Belgian bank has extended its relationship with the US specialist.
Experience-driven banking: experience enablers
A strategic choice whether you become a platform to enable experiences or you own experiences.
Returning to the office: what fintechs need to know
For those fintechs brave enough to move first, there are great opportunities available.
Webinar: Fintech at SaaS speed – navigating the scale and security challenge
The latest trends and techniques in SaaS security and the importance of a successful app protection strategy.
Klarna shuts app down after users report being logged into random accounts
Klarna CEO Sebastian Siemiatkowski: the glitch is “sad and frustrating”.
FinovateFall Supplement: be part of one of the biggest fintech events of the year
The perfect platform for your organisation to deliver a strong message to engaged fintech professionals.
Innovate Finance hires Adam Jackson as new policy director
Industry body preps to push the sector’s regulatory interests.
AccessFintech hires Thought Machine’s Bujakowski as new CFO
New York fintech says new hire will support growth of its platform.
Tandem switches CEO as Susie Aliker replaces departing Ricky Knox
Against a backdrop of losses and a business u-turn, Tandem switches out its top job.
Monroe Capital selects Allvue Systems’ credit solutions suite
The Chicago-based asset manager is seeking to improve tracking of investment exposures and lines of credit.
NerdWallet signs with Fluent Money for next UK mortgages push
The tie-up follows a competitive tender and builds on an existing relationship between the two companies.
PaySend gains $125m in latest funding round
The latest funding will support PaySend’s international expansion plans.
