SME financial services provider Finom buys cross-border paytech Kapaga
The merger will boost Finom’s UK and European expansion plans.
Financial Services/Finserv
Ampla Technologies acquires B2B BNPL firm Upside Financing
Ampla says the acquisition will open up a B2B BNPL market that is worth an estimated $1 trillion.
With tech giants going passwordless, will banks be ready to meet new consumer expectations?
With the rise of passkeys, Big Tech firms are paving the way for a passwordless future.
Report: The state of payment operations 2022
The challenges and upsides of implementing efficient, scalable, and secure payment operations processes.
DTCC hires new chief security officer, Nashira Spencer
Spencer most recently served as chief technology officer (CTO) at Anywhere Real Estate (formerly Realogy).
North African super-app Yassir lands $150m to fuel expansion
The new funding brings the total capital raised by Yassir to around $193 million since launch.
Low-code platform Genesis Global hires Tej Sidhu as CTO
Sidhu will be responsible for the firm’s tech strategy, leading more than 200 developers and technologists.
Arta Finance exits stealth with more than $90m in funding
Arta raised the capital from Sequoia Capital India, Ribbit Capital, Coatue and more than 140 angel investors.
Lendtech Ezra appoints Erwan Gelebart as new CEO
Gelebart has spent the past 14 years working for digital financial services firms across Africa and Asia.
The demise of the 90-day rule and the future of open banking
To make open banking tech a success in the long term, the guarantee of data security must be a continued priority.
Dubai’s Pyypl lands $20m Series B as it eyes regional expansion
The round saw participation from new international investors and 10 existing investors.
TIAA agrees to sell its banking arm to suite of investors
The firm says the move will allow it to “refocus” on its retirement business.
Fintech Galaxy lands TPP licence from Central Bank of Bahrain
The licence allows the firm to integrate its FINX platform with multiple bank APIs.
Goldman, MSCI, Coin Metrics partner for digital asset taxonomy framework
Datonomy is a standardised way to help market participants view and analyse the digital assets ecosystem.
EIPP and the mobile revolution in B2B payments
The next phase in the evolution of B2B payments will be dominated by mobile technologies.
FinTech Futures: Top five stories of the week – 4 November 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
What the FinTech? | S.3 Episode 16 | Inspiring financial wellbeing from a young age
In this episode of the podcast, we’re joined by Louise Hill, co-founder and COO at GoHenry.
FinTech Futures Jobs: How to cope when a new boss takes over
Explore thousands of open roles on the Fintech Futures Job Board today.
Huntington National Bank selects LiquidX for trade finance infrastructure
Huntington Bank says LiquidX was the “most efficient and effective” partner to help expand its trade offering.
FCA kickstarts discussion on Big Tech’s impact on competition
The regulator says Big Tech firms have the potential to change market outcomes quickly.
Federated banking
Federated technology could offer banks a number of benefits and play a huge role in their internal transformation.
DFSA introduces new “crypto token regime” to boost digital asset regulation
The DFSA says it is a “progressive regulator” that recognises the growing interest in crypto.
Revolut India appoints Arjun Mehta as new CFO
Mehta will lead channel development, expense management and revenue planning for the company.
DBS and digitalisation: what the West can learn from the East
“Meaningful innovation is the true litmus test,” says DBS’ Shee Tse Koon.
National Bank of Pakistan taps Finastra for trade finance solution
The bank will deploy Finastra’s end-to-end working capital solution, Fusion Trade Innovation.
Hard days ahead
Dark days lie ahead. Don’t forget that not everyone is warm and fed and safe.
Brunei’s Baiduri Bank signs for Temenos core
The bank will replace its legacy Flexcube core banking system with Temenos Banking Cloud.
Credit Karma pauses “almost all new hiring” citing revenue challenges
The firm has made the decision “due to the uncertainty of the macroeconomic environment”.
UnionDigital Bank taps Thought Machine and Callsign to power its mobile app
UnionDigital Bank will deploy Thought Machine’s Vault Core solution and Callsign’s digital ID platform.
New fintech start-up in the US for homeowners – Saivy
Saivy’s mobile app is in development and the start-up is currently accepting subscribers to its waitlist.
Cartoon: Slow cooking
This new cartoon illustrates how start-ups shifting to venture debt as a model to raise cash are storing up trouble.
Swift appoints Max Mamondez as chief financial officer
Mamondez, who joins from the London Stock Exchange Group, will serve on Swift’s executive committee.
The innovation failure
Understanding why innovation fails helps us innovate in a way to minimise the risk of failure.
Women in fintech drive the lending industry’s digital transformation
As banking goes increasingly digital, many women fintech leaders are in the vanguard of this evolution.
Banking Technology Magazine November 2022 issue out now
Cover story: TAKING THE LEAD – Women are inspiring fintech teams.
Coremont names Balaji Krishnamurthy as new CTO
Krishnamurthy most recently served as a managing director at JP Morgan Chase.
Egyptian fintech Money Fellows lands $31m Series B funding
The new funds will be put towards product development and international expansion across Africa and Asia.
Ashman selects nCino to power its real estate lending solution
The UK challenger will deploy nCino’s cloud-based Bank Operating System.
Is payroll technology the future of fintech?
Employees want the freedom to get paid anytime, anywhere, and payroll tech has stepped in to help.
Infographic: Banks look to risk orchestration technology to combat rising threat of fraud
Brought to you by LexisNexis Risk Solutions.
