ICYMI funding round-up: Okra, Yatta, Graviti & more
We round up another selection of deals you may have missed.
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Uzbekistan’s Trustbank plans Islamic banking first with ICSFS
The bank claims to be the first in Uzbekistan to offer new Islamic services.
Thought Machine takes Steele from AWS for US leadership role
After a decade at AWS, Brad Steele has joined Thought Machine as US general manager.
Kuwait International Bank announces Mobiquity as digital transformation partner
Mobiquity will provide strategy, design and engineering services for digital banking.
European Payments Council starts Malware Information Sharing Platform search
The EPC has launched an RFP for a Malware Information Sharing Platform.
Bibit.id secures $65m funding to capitalise on Indonesian mutual fund growth
The robo-advisor is focused on Indonesia’s rapidly expanding mutual funds sector.
TSB COO: It’s easy to throw the rock at us and say ‘this guy crashed in 2018’
“Compare this company to the market,” says TSB’s COO.
It’s a matter of comms | Episode 5 | B Corp
This week’s #itsamatterofcomms vlog features Hannah Cox, founder of betternotstop.
Miami neobank Fortú launches with Galileo Financial Technologies
Fortú plans to focus on Latinx communities and their unique needs.
PBCOM goes live on cloud-based Temenos core banking system
Philippine bank first signed for Temenps back in 2012.
Liberty Bank signs digital banking deal with Alkami Technology
Connecticut-based bank seeks to revamp its services with Texan vendor.
Canadian fintech Wealthsimple raises record $610m at $4bn valuation
The fintech started off as a robo-advisor back in 2014.
HSBC to pay more than €1bn to get rid of loss-making French branches
The French unit moved to the shelf back in September 2019.
Video: pick of the week – new payments system in Singapore, Bank of Ireland tech hires
A top pick of stories from the world of finance and tech in bitesize video format, weekly.
Report: AI – the future of content management in financial services
Our latest deep-dive report focuses on the potentially revolutionary role of AI in banking content management.
Digital challenger Arrow pledges to save Americans $5,000 in five years
Digital challenger pledges to save Americans $5,000 in five years.
Launchpad Capital unveils $35m fund with Lithuanian fintech focus
Vilnius has dubbed itself the “the G-spot of Europe” since 2018.
Lanistar secures FCA approval less than six months after regulatory warning
Lanistar also filed its unaudited accounts last month.
Bank of America CTO: Cyberattacks on banks “surged” during pandemic
Cyberattacks have surged “dramatically”, says BoA exec.
ClearBank appoints Tom Harris as new CTO
UK clearing bank promoted from within to fill technology role.
Ohpen offloads Davinci Consulting to Yellowtail Conclusion
Core banking vendor streamlines newly-acquired Davinci Group.
Nordea core banking chief Joseph Edwin leaves after six years
Joseph Edwin steps away from Nordic giant after many years leading major change.
Nuapay becomes Australia’s first open banking payments platform
Nuapay’s joint value proposition caters to both consumers and merchants.
Omnio picks Autorek platform to automate reconciliation
Omnio’s previous manual processes relied on Microsoft Excel, but will now be automated by Autorek.
Bank of Ireland COO: “Inside every bank there’s a tech company”
“We’ve reached a tipping point,” says COO.
Singapore pledges $32m to help regtechs take POCs to market
Welcome to “the Valley of the Valuable POCs”, says MAS chief fintech officer
Virgin Money picks Trade Ledger for business banking boost
UK bank lays groundwork for new business products in 2021.
Deutsche Börse and Commerzbank team up to support DLT firm 360X
German giants support illiquid assets investment platform.
UK neobank hopeful Kroo partners with Bugni Labs for credit engine
Kroo underwent a brand revamp from B-Social last year.
Danish fintech Blocser launches Butterfly card for UK’s gig workers
“Think of us as a ridesharing service, but instead of rides, you sell your work,” says CEO.
Fintech funding deals globally 26 April – 2 May 2021
Featuring Brex, Paxos, Vena, Greenlight, and Current.
Video: Top fintech stories this week – 30 April 2021
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe.
French watchdog says banks risk “marginalisation” by Big Tech payment apps
The paper focuses on Big Tech-associated threats to competition.
UK eco-banking challenger Tred lands £1m in Crowdcube raise
Tred partners with Forest Carbon to deliver on its tree planting promise.
São Paulo fintech brokerage Warren lands $55m led by Singapore’s GIC fund
The fintech intends to use the fresh capital to hire more employees.
AZA Finance acquires Exchange4Free to become largest non-bank FX firm in Africa
Trading firm says it can double its transaction volume to $2.5 billion by 2021.
Sendit.Money chooses Lerex Technology for prepaid payments tech
Mobile wallet provider picks UK prepaid firm in preparation for launch.
JP Morgan, DBS Bank and Temasek to form new payments platform
The platform will start by facilitating flows between Singapore-based banks.
Greek fintech Viva Wallet lands $80m from Tencent, EBRD
Viva is in the midst of launching a credit service for merchant customers.
Hampshire Trust Bank picks DPR platform to outfit origination
HTB is replacing a long-standing legacy system with the cloud-based DPR solution.
The thing about diversity "We live in highly diverse societies. We work in highly non-diverse industries." By… twitter.com/i/web/status/1…
This week’s #itsamatterofcomms vlog focuses on B Corporations – a new kind of business that balances purpose and pr… twitter.com/i/web/status/1…
Uzbekistan’s Trustbank plans Islamic banking first with @ICSFS fintechfutures.com/2021/05/uzbeki…
Kuwait International Bank [@KIBpage] announces Mobiquity [@mobiquityinc] as digital transformation partner fintechfutures.com/2021/05/kuwait…
The European Payments Council [@EPC_SEPA] starts selection of a Malware Information Sharing Platform (MISP) fintechfutures.com/2021/05/europe…
Robo-advisor @bibitid is focused on Indonesia’s rapidly expanding mutual funds sector. fintechfutures.com/2021/05/bibit-…
Three years on from its core banking crash, @TSB talks to FinTech Futures about its "exponential" recover fintechfutures.com/2021/05/tsb-co…
An era of digital trade "Technology creates opportunities to transform existing processes across global supply cha… twitter.com/i/web/status/1…