Omdia Universe 2020-21: Temenos recognised as a leader for digital banking platforms
Based on Temenos’ combination of market impact, solution capabilities, and customer experience.
Digital
iBanFirst appoints Said Layadi as new CTO
Layadi joins after stints at Euronext and Ingenico.
The Fintech Review: 2020
We cover embedded finance, competition, open banking, and CBDCs.
Wolters Kluwer snaps up cloud-based lender eOrignal for €231m
eOriginal claims “double-digit” revenue growth over the last three years.
Financial assistant app Cleo raises $44 million
Cleo has four million Gen-Z and millennial users; and recorded a 400% revenue growth in the last year.
Video: Top fintech stories this week – 11 December 2020
FinTech Futures’ weekly news round-up.
White paper: The business value of ServiceNow for retail banks
The value retail banks will achieve annually at $29.54m per organisation ($70,000 per 100 users) by using ServiceNow.
Don’t turn a blind eye to spreadsheet vulnerabilities
Introducing PrizmDoc Cells, a secure solution in an intuitive, Excel-like web interface.
Banking’s Christmas ghosts
Charles Dickens’ popular novel, “A Christmas Carol”, gets a banking spin.
Challenger for teens Step raises $50m in Series B
Among new investors are Charli D’Amelio, Justin Timberlake, Eli Manning, and Mantis VC.
Capital One takes swipe against “risky” BNPL firms
“These kinds of transactions can be risky for customers and the banks that serve them.”
Former Uber Money head bags $12.4m for new venture Synctera
The start-up hopes to speed up go-to-market times.
Texans Credit Union selects Episys core system
The $1.7bn credit union needs 12 employees to maintain its legacy system.
The perennial BNPL crown
Blind allegiance has seen the BNPL sector explode in 2020.
The times are always a’changing
The story we try to reconstruct and the story we tell ourselves isn’t the full story.
Comarch launches new factoring system
Comarch Cloud Factoring enables managing the entire lifecycle of an invoice with no paperwork involved.
Moov Financial raises $27m in Series A funding round
The latest round follows a seed round from August.
Solving payments and card challenges with a platform approach
A platform approach improves efficiency and customer trust.
E-book: Migration to cloud – your guide to delivering an intuitive customer experience
Learn how to transform the entire organisation with the migration to the cloud.
White paper: Re-wiring financial services operations for a bold future
Looking beyond the front office to transform experiences.
Innovations – moonshot thinking and the art of walking the Earth
In wealth management, innovations need challengers, ambitious goals… and patience.
Stripe launches BaaS-type service for merchants with top US banks
“[The] banking experience should be as easy as spinning up a virtual server.”
FinTech Futures Jobs: the fintech job market is absolutely booming
The global fintech market is predicted to grow at an annual rate of almost 25% – exciting times for jobseekers!
White paper: Analysis of impact and application of advanced analytics in asset management
Unleashing advanced analytics – how asset management firms can take advantage.
Web Summit 2020: A fintech summary
Stripe is looking at products around digital identity.
Libra and Facebook exec joins rental insurtech LeaseLock
The fintech removes the need for renters to pay a deposit for a rental property.
AI will explain it to you
Explainable AI removes removes the last barrier in entrusting transaction monitoring to algorithms.
Principles for a global central bank digital currency and a single global payment system
The new global payment system should replace all current payment and settlement arrangements.
Stripe chases $100bn valuation with no sign of IPO
Stripe could see its valuation quadruple in just two years.
Banking Tech Awards 2020 hosted online by Tom Ward
Join comedian Tom Ward for the 2020 Banking Tech Awards. Broadcast online on 10 Dec, 3:30pm GMT and is free to attend.
Report: Digital KYB – a springboard to customer onboarding success
FinTech Futures’ latest in depth industry report on KYB, in partnership with DueDil.
Facebook’s Libra could launch as early as January 2021
Novi’s digital wallet is “ready from a product perspective”.
Credit Karma secures $7.1bn Intuit acquisition, sells tax ops to Square
Square enjoyed a 4% jump in stock market value following the announcement.
San Fran alternative lender Oportun applies for banking charter
Oportun currently has licences in 12 states.
Founder and CTO of Malauzai leaves Finastra
Daniel Piangerelli departs two years after Finastra acquisition.
New York challenger Current lands $131m in Series C funding round
The capital will go towards Current’s product offerings.
Navigating the new normal – how to redefine KYB and enhance the SME experience
The “one size fits all” approach to compliant onboarding is simply no longer relevant.
E-book: The dawn of end-to-end AML compliance
The components of an end-to-end AML compliance solution and how to put your organisation on the right path.
HMBradley lands $18.25m Series A led by Chime investor Acrew Capital
To date, the fintech claims it has surpassed $90 million in customer deposits.
AI rewrites 21st century debt collection practices
It’s likely that AI will find a range of uses in the debt collection sector.
