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UK fintech Just lands court backing to undercut bailiff industry

Currently, Just is in beta, signing up customers one at a time.

Goldman picks Marqeta to power Marcus current account rollout

Marcus plans to launch its new accounts later this year.

Ant sets up working group to overcome Chinese regulatory requirements

Companies like Ant have until November 2021 to register a new financial holding.

Tide gears up for international expansion to India

The fintech says it will bring the exact same offering it has in the UK, to India.

ADQ’s unnamed neobank nabs new CEO from Emirates NBD

Patel joins the upcoming challenger after leading Emirates NBD’s challenger Liv.

Konsentus acquires Open Banking Europe initiative from EBA Clearing subsidiary

Open Banking Europe (OBE) will remain a separate operating entity.

Capital One’s “wilful” AML failures land the bank a $290m penalty

Some $16 billion in reportable transactions passed through the bank’s platform.

Fintech funding deals globally 11-17 January 2021

Featuring Checkout.com, MX, Blend, Creditas, and Enfusion.

US banks must lose “legacy anchor” to meet customer needs in 2021

The banking landscape in North America is undergoing a fundamental shift.

Goldman Sachs mulls acquisitions to bulk up Marcus

Goldman’s CEO intends to make Marcus a pillar of the US bank’s growth.

Temenos shakes up executive team with changes at the top

Promotions and hires for the Swiss banking vendor.

Tandem quotes same “material uncertainty” as Monzo in 2019 financials

Tandem’s plan is to be profitable by July or September 2021.

CME Group and IHS Markit create post trade joint venture

A handful of CME’s systems will combine with IHS’ MarkitServ.

MX ties up $300m in Series C funding

Utah-based firm has raised more than $500m since launch.

Vietnamese “super app” hopeful MoMo lands $100m Series D

The fintech’s registered users doubled to 23 million in 2020.

Video: Top fintech stories this week – 15 January 2021

FinTech Futures’ weekly news round-up.

Grab’s fintech arm lands $300m Series A

Grab Financial Group saw its total revenues jump up by more than 40% in 2020.

Affirm IPO sees shares surge 98%

Affirm managed to halve its losses by June 2020.

Italy’s BNL goes live on Tink open banking service

The implementation is part of an extended deal with BNP Paribas.

Pakistan launches new instant payment system Raast

Government hopes Raast can host a collection of payment types.

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