QuEra Computing raises more than $230m to develop “large-scale, fault-tolerant quantum computers”
Google, SoftBank Vision Fund 2 and Valor Equity Partners took part in the round as new investors.
Financial Services/Finserv
News, intelligence and resources on the global fintech industry including topics such as financial services/finserv.
TD Bank to sell entire 10.1% stake in Charles Schwab in $14.6bn deal
Charles Schwab will repurchase more than 19 million shares for $1.5 billion as part of the deal.
Massachusetts’ Enterprise Bank taps Newgen Software for commercial lending solution
The implementation comes ahead of Enterprise Bank’s merger with Rockland Trust.
US paytech Digital River reportedly shutting down
The Minnesota Star Tribune reports that the company is permanently closing its headquarters and laying off staff.
US open banking fintech Plaid reportedly plotting potential $400m secondary share sale
Bloomberg reports that Plaid is working with Goldman Sachs to carry out the potential share sale.
Vantage Bank taps Finzly to modernise payment operations
The bank, headquartered in San Antonio, Texas, has selected Finzly’s end-to-end payment hub.
Wells Fargo launches new commercial banking platform with Q2
The solution is expected to leverage Q2’s Catalyst suite for commercial banking.
Banking Tech Awards USA 2025 nominations deadline extended to 21 February
Don’t miss your chance to be part of the Banking Tech Awards USA. Submit your nominations today!
Kansas’ Azura Credit Union selects Jack Henry’s Symitar core processing tech
Azura CEO Greg Winkler says the integration will “position us for growth both now and in the future”.
Agentic AI and the future of fintech and banking automation
FinTech Futures chats with industry experts to explore agentic AI and its use in financial services.
ICYMI fintech funding round-up: Khazna, Fimple, Foyer, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
US fintech Lynx raises $27m Series A funding to scale healthcare payments platform
The latest round brings the fintech’s total funding to date to over $44 million.
Citizens Financial Group chief experience officer Beth Johnson to retire next month
Johnson has worked for the group, headquartered in Providence, Rhode Island, for over 11 years.
South African banking group FirstRand selects Fiserv’s Finxact core banking system
FirstRand has become the first financial institution outside the US to adopt the Finxact solution.
Mastercard and GenAI: unleashing the future of commerce in 2025 and beyond
Mastercard has adopted a structured approach to informed, perceptive, and proactive AI.
Banking Technology Magazine February 2025 issue out now
Cover story: QUANTUM LIGHTS UP – The future is almost upon us, are you ready?
NCR Voyix announces leadership transition as CEO and president David Wilkinson steps down
The company’s executive chair James Kelly has been named as its new CEO and president.
Access Bank Nigeria partners Integral to boost FX trading capabilities
Access Bank Nigeria has adopted Integral’s solutions for pricing, distribution, and liquidity aggregation.
Lombard Odier taps MongoDB for GenAI-driven tech upgrade
The pair have co-created a “Modernisation Factory” to accelerate the bank’s digital transformation.
What if the computer didn’t always say no?
We are in this together, and it matters exactly because resources are finite.
Autonomous billing platform Anchor raises $20m Series A funding
Anchor plans to double its workforce in the next year and boost its US market presence.
Christiana Riley to succeed Tim Wennes as CEO of Santander US
Riley has served as regional head of North America since joining the bank in 2023.
What the FinTech? | S.6 Episode 1 | The VC outlook for 2025 and the latest fintech funding trends
In this podcast episode, QED Investors’ Amias Gerety discusses the ever-evolving fintech funding landscape.
Video: Envestnet Yodlee at Money20/20 USA 2024 – The growth of open banking in the US
Envestnet Yodlee’s Kat Cloud and Eric Jamison discuss the evolving open banking landscape in the US.
Take part in our FinTech Focus 2025 video series
Register now to take part in our FinTech Focus video series in London over 2025.
Demystify Podcast: Demystifying quantum in 2025 with Steve Suarez of HorizonX Consulting
In this podcast episode, hosts Dave and Dharm explore the future of quantum computing in financial services.
Wise fined by US CFPB for allegedly advertising inaccurate fees
Wise has been ordered to pay a $2.025m civil money penalty and around $450,000 “in redress to harmed consumers”.
Brex CFO Ben Gammell succeeds Karandeep Anand as president
Gammell will continue to serve as Brex CFO alongside his new appointment as president.
BNY names BlackRock’s Carolyn Weinberg as new chief solutions innovation officer
Weinberg says she will “help imagine and commercialise new products and solutions”.
US fintech start-up Cushion to close down
Cushion’s CEO says the fintech “didn’t reach the scale needed to sustain the business”.
Humanising AI: why the future of banking must put people first
AI should break down barriers to financial services, not create new walls.
Canadian wealth management tech start-up OneVest raises $20m in Series B funding
The fintech plans to develop “advanced AI capabilities to enhance decision-making and client engagement”.
Cartoon: Frontier investing
This new cartoon illustrates how advances in AI are causing the venture capital industry to evolve.
January 2025: Top five fintech M&A deals of the month
FinTech Futures takes a look back at five of the top fintech M&A deals in January.
ICYMI fintech funding round-up: Sokin, Cedar Money, Ambak, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
USAA sues Regions Financial Corporation over alleged mobile deposit tech patent infringement
The lawsuit relates to four specific remote deposit capture technology patents held by USAA.
FinTech Futures: Top five news stories of the week – 31 January 2025
Our pick of the top fintech news stories this week includes US Bank, Swan, Nuvei and more.
January 2025: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over January.
Fintech start-up Formance raises $21m Series A led by PayPal Ventures and Portage
The funding will be used to “fuel Formance’s expansion across the US and Europe”.
January 2025: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from January.
