What the Fintech? | S.2 Episode 18 | Are you being self served?
Diebold Nixdorf’s Matt Phillips joins us for this latest episode of our What the Fintech? podcast.
Financial Services/Finserv
Canadian fintech start-up Neo Financial lands $50m Series B funding
New funds will be used for further product development and to grow its team.
JP Morgan to launch UK digital bank Chase this week
The digital bank forms part of JP Morgan’s planned international consumer expansion.
ICYMI funding round-up: TomoCredit, Lightyear, X-Margin, Coinfirm & more
More funding deals you may have missed during a busy week of news.
FinTech Futures Jobs: Three fabulous jobs to apply for this week
Exciting vacancies at Everbridge, Immersive Labs and Checkout.com. Apply today!
Elizabeth Warren calls on Fed to break up Wells Fargo
Senator cites the bank’s “longstanding ungovernable behaviour”.
Grow Credit raises $106m to expand subscription-based credit builder
Black-owned fintech firm plans growth to 100 million end consumers.
Shortlist announced for Banking Tech Awards 2021
Congratulations to all of this year’s finalists.
E-commerce fintech SellersFunding secures $166.5m investment
US fintech plans geographical expansion and increased headcount.
SpotOn raises $300m in Series E round to fuel acquisition of Appetize
US payments firm acquires commerce platform as growth continues.
Back to the future for banks
Now is the best time for banks to plan and explore the future before the wave of change hits.
White paper: Five key qualities of a successful AML compliance programme
An effective AML compliance programme will protect your company from regulatory fines and prosecution.
Santander’s PagoNxt acquires majority stake in Mexican technology firm MIT
PagoNxt plans to bolster the development of its payments service Getnet.
TransUnion acquires Neustar for $3.1bn to integrate identity solutions
Credit reporting firm aims to branch into fraud prevention.
B2B payments platform Melio lands $250m investment at $4bn valuation
The firm says the Series D capital will be used to accelerate its expansion through partnerships.
PayTech Awards 2021 Winner: Volante – Best Real-Time Payments Solution
Delivering a clear roadmap to a real-time payments infrastructure.
First Horizon Bank partners Wipro to support VirtualBank cloud migration
Wipro says it worked with six other companies to streamline VirtualBank’s cloud migration.
Morgan Stanley poaches UBS managing director Gerson
Gerson joins after two and a half years at the Swiss investment bank.
Arvest Bank picks Thought Machine’s Vault as new core banking system
Arkansas-based bank selects Vault to revamp digital banking offerings.
Payroll platform Papaya Global hits $3.7bn valuation with $250m Series D round
Papaya has now raised $440 million in total capital since its seed round in 2016.
JP Morgan to acquire majority stake in Volkswagen’s payments business
US banking giant says the deal will expand its digital payment capabilities.
Guide: The X factor – why KYC isn’t enough
Fighting fraud and financial crime doesn’t end at onboarding.
Canadian fintech start-up Nuula secures $120m funding
The firm launched its mobile app in June this year with the aim of helping SMEs to grow.
How cryptocurrencies have fuelled the ransomware business
The head-in-the-sand approach of many organisations has created a fertile environment.
Video: fintech news pick of the week – PayPal, Standard Chartered, Mastercard & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Fintech funding deals globally 6 September – 12 September 2021
Featuring Varo, Scalapay, Wave, MNT Halan and Marshmallow.
Irwin secures $20m in Series A funding round led by K1
The investment will help further the fintech’s mission to upgrade the capital markets software offering.
PayTech Awards 2021 Winner: Icon Solutions – PayTech For Good
Icon Solutions – charitable giving at the heart of its values.
FinTech Futures Jobs: Three brilliant roles to apply for this week
Exciting vacancies at Broadridge, Checkout.com and Deloitte. Apply today!
SEC threatens suit over Coinbase crypto lending product
Coinbase’s CEO and chief legal officer admonish US markets regulator over lack of clarity.
ICYMI funding round-up: TruePay, BankiFi, Aurelia, Jeff & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Digital challenger Varo Bank lands $510m in Series E funding round
Funds will be used to boost product and tech development and fuel customer growth.
Live Oak Bank switches retail and commercial accounts to Finxact core
North Carolina bank ticks off penultimate stage of ongoing transformation.
State Street to acquire BBH Investor Services in $3.5bn deal
State Street says the deal will help enhance its investment products and services.
State Street to set up global cybersecurity unit in Ireland
The 400-strong team will support the company’s global operations.
JP Morgan pays €25m to settle French fraud case
US lender settles over arrangements with Wendel Investment Group.
Expense management platform Jeeves secures $57m Series B funding
The new investment takes the start-up’s valuation up to $500 million.
Report: “Fintech vs Fintech”? The rise of digitalisation in banking
FinTech Futures launches its latest report looking into the changing nature of digital technologies in our industry.
UK industry body unveils five-year strategy to catch US and Asia
The industrial strategy aims to shore up existing UK successes in order to overtake Asia and the US.
Point raises $46.5 million to build out premium debit card
US challenger aims to create an anti-credit card.
