UK fintech says Sweden is set for dramatic growth in digital wealth management
Feb19

UK fintech says Sweden is set for dramatic growth in digital wealth management

Nucoro, the London based fintech company providing bespoke investment and savings technology focused on delivering digital investment solutions to third parties, believes Sweden is set to see huge growth in its digital wealth management sector. It believes there are three key factors driving this – a rapidly growing population of mass affluent and high net worth individuals; the fact that a significant percentage of Sweden’s workforce...

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Symphony Technology Group Enters Definitive Agreement with Dell Technologies to Acquire RSA
Feb19

Symphony Technology Group Enters Definitive Agreement with Dell Technologies to Acquire RSA

A consortium led by Symphony Technology Group, Ontario Teachers’ Pension Plan Board and AlpInvest Partners (AlpInvest) has entered into a definitive agreement with Dell Technologies to acquire RSA in an all-cash transaction for $2.075 billion, subject to certain adjustments. The transaction, which includes the purchase of RSA Archer, RSA NetWitness Platform, RSA SecurID, RSA Fraud and Risk Intelligence and RSA Conference, is expected...

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Paris Fintech Forum 2020: Slimpay – Jerome Traisnel
Feb19

Paris Fintech Forum 2020: Slimpay – Jerome Traisnel

We spoke with Jerome Traisnel from Slimpay about what hurdles payments still have to overcome; their work across Europe and how to overcome pain points in payments.  

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Paris Fintech Forum 2020: Enfuce – Denise Johansson
Feb19

Paris Fintech Forum 2020: Enfuce – Denise Johansson

We chat with Denise Johansson from Enfuce about some of their work in the open banking space, including how to look at your carbon footprint; their role as an integrator in the industry and how to leverage new...

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73% of freelancers feel more secure with insurance in place, new Dinghy survey finds
Feb19

73% of freelancers feel more secure with insurance in place, new Dinghy survey finds

Insurtech pioneers Dinghy – the creators of the world’s first on-demand insurance cover for freelancers – have just announced the results of a wide-ranging freelancer survey which discovered, among other things, that having insurance in place greatly increased how secure freelancers felt in their jobs. A whopping 73% of freelancers said that having insurance cover gave them a greater peace of mind when going about their work. On a...

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Betting on gold-backed stablecoin is a losing game says STASIS CEO
Feb19

Betting on gold-backed stablecoin is a losing game says STASIS CEO

By Gregory Klumov, CEO of STASIS   Gold has been regarded as an eternal value since times immemorial. It’s still a measure of wealth that layers any world’s powerhouse foundations, leverage that caused wars and changed the global political landscape throughout the ages. The last century, however, has brought more changes within the existing world monetary system than all the previous millenniums. Following the national fiat...

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MEFTECH 2020 support Saudi Arabia’s thriving Fintech growth
Feb19

MEFTECH 2020 support Saudi Arabia’s thriving Fintech growth

Saudi Arabia will host the third edition of Middle East Financial Technology Exhibition and Conference “MEFTECH”, in patronage of Saudi Arabian Monetary Authority Governor HE. Dr. Ahmed bin Abdul Kareem Al Khulaifi, at the Ritz-Carlton in Riyadh, from February 25-26, 2020.  This event is longest running Banking and Finance Technology conference and exhibition in the MENA region, which will be held in a strategic partnership with Mada,...

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Fairstone Financial Holdings Inc. to be Acquired by Duo Bank of Canada
Feb19

Fairstone Financial Holdings Inc. to be Acquired by Duo Bank of Canada

Duo Bank of Canada a Toronto-based financial services provider supported by Stephen Smith, Centerbridge Partners L.P. and Ontario Teachers’ Pension Plan (“Ontario Teachers'”), has reached a definitive agreement to purchase all outstanding shares of Fairstone Financial Holdings Inc. (“Fairstone” or “the Company”), which includes all operating subsidiaries, from an investor group led by J.C....

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Jersey Tipped as Destination for Fintech & AI Innovators
Feb19

Jersey Tipped as Destination for Fintech & AI Innovators

Two global technology experts believe that UK companies could get ahead with Fintech and Artificial Intelligence innovation, by using Jersey’s sandbox proposition. Nick Ogden, widely recognised as one of the founding fathers of Fintech, has returned to the British Channel Island to set up his latest venture. Nick started World Pay in Jersey in the 1990s before going on to create the first clearing bank in the UK in 250 years. He was...

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Finastra brings its Fusion Phoenix core to the cloud
Feb19

Finastra brings its Fusion Phoenix core to the cloud

Finastra has brought its core banking platform, Fusion Phoenix, to the cloud, with Commerce National Bank & Trust of Winter Park, Florida, and Commencement Bank of Tacoma, Washington being the first US banks to access the core solution via public cloud. “Bringing core banking to the cloud in the United States marks an important milestone in core delivery,” said Vincent Pugliese, Senior Vice President and General Manager, US Retail...

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Leading Banking Platform Yobota Selects Credit Kudos as Open Banking Provider
Feb19

Leading Banking Platform Yobota Selects Credit Kudos as Open Banking Provider

Yobota, the cloud-based banking platform provider, has selected leading fintech, Credit Kudos, as its open banking credit bureau, allowing Yobota customers to significantly improve affordability and credit risk modelling. Currently, financial institutions are operating on complex, legacy technology architectures many of which were developed in the 1970s/80s. This not only increases operational cost and risk but also reduces their...

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GFT receives recognition from the Everest Group as a ‘Major Contender’ in enterprise blockchain services, plus application and digital services in both banking and capital markets
Feb19

GFT receives recognition from the Everest Group as a ‘Major Contender’ in enterprise blockchain services, plus application and digital services in both banking and capital markets

GFT, an IT company specialising in digital transformation, is recognised by the analyst firm Everest Group as one of the main competitors in three categories of its PEAK MatrixTM reports: enterprise blockchain services, plus application and digital services for both banking and capital markets. GFT is now recognised as one of the top 30 global service providers in each of these categories. In addition, due to our improved performance...

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five°degrees appoints Wilco Jiskoot as Chairman of the Supervisory Board
Feb19

five°degrees appoints Wilco Jiskoot as Chairman of the Supervisory Board

five°degrees, a global banking technology company, announces the appointment of Wilco Jiskoot as Chairman of the Supervisory Board. Mr. Jiskoot joins five°degrees following an extensive career in banking, including 32 years at ABN AMRO in which he occupied the role of Vice Chairman of the Managing Board. He is currently an advisor to leading investment fund companies; a member of the Supervisory Board at Jumbo: one of the largest...

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Temenos to Host Temenos SCALE, the Global Developer Conference for the Banking Industry
Feb19

Temenos to Host Temenos SCALE, the Global Developer Conference for the Banking Industry

Temenos, the banking software company, invites developers to attend Temenos SCALE, the global developer conference for the banking industry, taking place April 27 – 28 in Madrid, Spain. Temenos SCALE will bring together the brightest minds from across the global developer community to experience two days of collaboration, innovation and networking and dive into future banking technology with a focus on Explainable AI, open APIs and...

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Helping freelancers between paydays: Starling Bank and IPSE team up to solve the cash flow quandary
Feb19

Helping freelancers between paydays: Starling Bank and IPSE team up to solve the cash flow quandary

Life as a freelancer or contractor gives people the freedom to do work they love, but it is not for the fainthearted. Managing a fluctuating and, at times unpredictable, income is a major cause of stress for many. Nine out of ten freelance workers worry about their financial well-being due to their irregular incomes, according to a poll by IPSE, the Association of Independent Professionals and the Self-Employed. Half confess to...

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Bank steps in to help flood victims
Feb19

Bank steps in to help flood victims

NatWest is introducing measures to help support personal and business customers who have been affected by the serious flooding across England and Wales. For personal customers: • Mortgage and loan repayment deferral for up to three months • Customers can close fixed savings accounts to access cash with no early closure charge • Refunds on credit card cash advance fees • Customers can apply for increased temporary credit card limit •...

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HTB positions data at the heart of decision making with tech investments
Feb19

HTB positions data at the heart of decision making with tech investments

Hampshire Trust Bank (HTB) has combined Snowflake, SnapLogic, Matillion and Tableau technologies to deliver a new data architecture that will revolutionise the way the business uses data to influence and drive its business decisions, operations and customer interactions. The bank has partnered with Matillion ETL to transform its data into insights to achieve new levels of simplicity and scale. It has also selected Tableau as the data...

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BPC-owned Radar Payments launches at Merchant Payments  Ecosystem (MPE), Berlin
Feb19

BPC-owned Radar Payments launches at Merchant Payments Ecosystem (MPE), Berlin

Berlin was home to the Merchants Payment Ecosystem (MPE) 2020 on 18 February, the largest merchant and payment-acquiring event in Europe. It was also the occasion for BPC to launch its paytech, Radar Payments, offering modern white label payment-processing capabilities with a focus on innovation. As its name suggests, Radar Payments acts as a self-enriching radar which identifies new opportunities, leveraging on compliance and the...

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SumUp and Mastercard partner to launch card for business payments
Feb19

SumUp and Mastercard partner to launch card for business payments

SumUp, the UK-based financial technology company, has today announced the launch of its first-ever card for business payments, in partnership with Mastercard. The card will allow merchants easier and quicker access to their funds, give them the ability to closely monitor their finances, and help them make essential business payments in a quick-and-easy manner. With the launch of the ‘SumUp Card’, SumUp is able to facilitate both the...

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Fintech Finance Presents: The Fintech Show 3.05 –  Guess Who? Part 2
Feb19

Fintech Finance Presents: The Fintech Show 3.05 – Guess Who? Part 2

Following the previous episode of The Fintech Show we continue to look at new approaches to KYC, or “Know Your Customer”. In a world where everyone expects the same level of personalization and speed from their bank that they get from their smartphone, is it getting harder or easier for banks to manage their KYC? Doug Mackenzie sat down with the Natwest’s Angela Byrne, Chloe Butler spoke with Tim Fouracre from business...

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Ria Money Transfer joins Austrian Post’s network with bank99 partnership
Feb19

Ria Money Transfer joins Austrian Post’s network with bank99 partnership

Ria Money Transfer, a leading money transfer company and subsidiary of Euronet Worldwide Inc (NASDAQ:EEFT), and bank99, Austrian Post’s new banking and financial entity, announced today a strategic partnership that enables customers to send secure international remittances from 700 of the bank’s post office branches and partner locations through Ria’s global network of 397,000 locations across 160 countries. The partnership is part of...

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Fairfx.com is the nation’s most recommended credit card or payment services provider
Feb19

Fairfx.com is the nation’s most recommended credit card or payment services provider

New analysis released today by YouGov names Fairfx.com, the online foreign exchange platform, is the UK’s most-recommended credit card or payment services provider in the UK. YouGov’s 2020 Recommend rankings reveal the brands with the highest percentage of their own customers recommending them to friends or colleagues. Fairfx.com’s strong performance comes as the company is rebranding to Equals.co. The new-look service promises to...

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RBS CEO Alison Rose: A new era from strong foundations
Feb18

RBS CEO Alison Rose: A new era from strong foundations

RBS CEO Alison Rose explains why RBS is building a purpose-led bank. Read the full speech below and watch video here.   “Thank you so much for joining me today. It is an absolute privilege to have taken on the role of Chief Executive at the bank I joined as a graduate 25 years ago. These results are a reminder of the journey we have been on and the strong foundations we have built. Through many years of determination and...

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Accor and Visa Form Global Partnership
Feb18

Accor and Visa Form Global Partnership

Today, Accor, a world-leading hospitality group, and Visa (V: NYSE), the global leader in digital payments, announced a global partnership to bring new payment experiences to ALL-Accor Live Limitless loyalty members. The partnership will bring together Accor’s loyalty program and Visa’s global payment capabilities to create the new ALL Visa card. Members who apply for the new Visa card will be able to use it for everyday purchases...

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G+D Mobile Security’s eSIM Technology is integrated into the Samsung Galaxy Z Flip
Feb18

G+D Mobile Security’s eSIM Technology is integrated into the Samsung Galaxy Z Flip

eSIM technology is one of the many innovative features integrated into the Samsung Galaxy Z Flip smartphone, which was launched 14th February 2020. The eSIM technology is supplied by G+D Mobile Security. The Samsung Galaxy Z Flip is equipped with an eUICC (embedded Universal Integrated Circuit Card) which is permanently fitted into the smartphone and equipped with the market proven eOS (embedded operating system) from G+D Mobile...

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Paris Fintech Forum 2020: Fintech Circle – Susanne Chishti
Feb18

Paris Fintech Forum 2020: Fintech Circle – Susanne Chishti

Fintech Circle’s Susanne Chishti speaks with us about all things partnerships in fintech, the ecosystem, and a little thing out now called The Paytech Book!

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Paris FinTech Forum 2020: Carl Robertson, CMO – Temenos
Feb18

Paris FinTech Forum 2020: Carl Robertson, CMO – Temenos

Carl Robertson, CMO from Temenos talks to us while at Paris Fintech Forum about their strategic partnership with Google, their push to help banks move to the cloud and open banking

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Paris FinTech Forum 2020: Eric Macnicoll, Kaira Technologies
Feb18

Paris FinTech Forum 2020: Eric Macnicoll, Kaira Technologies

We speak, ahead of their launch to Eric Macnicoll from Kaira Technologies about the use of AI, Psychology and forward-thinking in the world of Personal Finance

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Digging this gig
Feb18

Digging this gig

With mobile treasury services, build-it-with-the-customer dev ops and an open mind when it comes to payment rails, Bank of America’s Brian Bonds says it’s meeting app-based corporate clients on their own terms Paying suppliers instantly for their services has not been the traditional way that firms do business. But in the gig economy, it is becoming the norm – driven by a desire by companies to keep their suppliers on side in a...

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Fintech Finance Presents: The Paytech Show 3.01 – Payment Rails and Globalisation
Feb18

Fintech Finance Presents: The Paytech Show 3.01 – Payment Rails and Globalisation

In this episode of The Paytech Show we look at how the payments landscape has changed, the lessons that Europe and the Americas can draw from the APAC region and where payments will be going in the future. We speak with EMQ’s Max Liu over in SIBOS who is the go to leader when it comes to payments in Hong Kong and China. Over at Citi in Canary Wharf Doug Mackenzie picks Ebru Packan’s brains to see the incredible innovation...

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Fiserv completes First-of-its-Kind PIN on Mobile Transaction with Visa

In a move that is expected to boost the worldwide use of smartphones and tablets as point-of-sale terminals, First Data, now part of Fiserv(NASDAQ: FISV), is enabling merchants to use their own devices to accept payments of any amount without any additional hardware. This is ground-breaking for small businesses and service providers that operate remotely due to its first-of-its-kind PIN on mobile capability, which facilitates secure...

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Paysend’s multi-currency Global Account launches in Europe
Feb18

Paysend’s multi-currency Global Account launches in Europe

Leading UK-based fintech Paysend launches fee-free mobile money account with multi-currency wallet and new payment features UK-based fintech Paysend has launched the Global Account, its international mobile money account.  The Global Account aims to help consumers save up to £2bn in currency conversions when spending money abroad or on overseas websites.  Analysis from Paysend reveals that consumers could save up to £1.25bn in fees...

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Opel Bank in Germany Becomes First European Bank to Choose FIS Modern Banking Platform
Feb18

Opel Bank in Germany Becomes First European Bank to Choose FIS Modern Banking Platform

FIS announced today that Opel Bank in Germany has chosen its next-generation core banking system, FIS Modern Banking Platform, to power its online bank. Opel Bank is the first European-based bank to choose the new platform since its introduction in January. Opel Bank serves more than 40,000 deposit customers primarily through online channels without the need to maintain an expensive branch network. The bank was looking to replace its...

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Sage Intacct selects Yooz as its preferred AP Automation partner in the UK
Feb18

Sage Intacct selects Yooz as its preferred AP Automation partner in the UK

Yooz, the intelligent P2P automation software provider, today announced the expansion of its global strategic partnership with Sage Intacct, the leading accounting software, in the UK. The new partnership will increase the business value of companies’ Finance and Accounts departments by providing better visibility into payables at any time and make more informed decisions with real-time data. Today, at the digital age, finance leaders...

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Trulioo Extends Image Capture Capability to ID Document Verification To Offer Customers End-to-End ID Verification solution
Feb18

Trulioo Extends Image Capture Capability to ID Document Verification To Offer Customers End-to-End ID Verification solution

Trulioo, the leading global identity verification provider, today announced that it has added enhanced image capture capability as part of its GlobalGateway ID Document Verification solution. Businesses can now deploy a single image Software Development Kit (SDK) to optimise their document verification performance, ensuring smooth and instant onboarding, reducing abandonment rates and enabling advanced fraud protection. The addition...

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Spicing up realtime payments
Feb18

Spicing up realtime payments

ACI Worldwide’s Craig Ramsey explains how it’s looking east to develop a new wave of ‘overlay services’ – the secret ingredients that make alternative payment rails irresistible The urgent need for universal, realtime global payments has been recognised across the financial services industry and beyond for some time. And universal payments facilitator ACI Worldwide (ACI) has been helping to make them happen for some time. Now, it is...

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Pay.UK processes record payment volumes and values in 2019
Feb18

Pay.UK processes record payment volumes and values in 2019

Payments made through the three retail payment systems managed by Pay.UK reached an all-time high in 2019, with businesses and individuals making 9.2 billion transactions with a combined value of £7.4 trillion.  Pay.UK is the UK’s independent payment system operator, responsible for the Bacs Payments System (which processes Direct Credits and Direct Debits), the Faster Payments System (used for online banking payments and Standing...

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Cashaa launched crypto-friendly EU Current Accounts
Feb18

Cashaa launched crypto-friendly EU Current Accounts

Crypto-friendly banking service platform Cashaa is proud to announce that Euro IBANs are available to corporate entities from 20th Feb 2020. Cashaa EU current accounts are an alternative to Euro-denominated bank accounts. Companies can easily do business transactions similar to any other bank using their account.  Crypto-related businesses are always underserved by banks. Cashaa’s goal is to create a hassle-free banking experience for...

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Currencies Direct partners with Userlane to deliver optimised user help journey
Feb18

Currencies Direct partners with Userlane to deliver optimised user help journey

Currencies Direct, the leading UK-based international payments service, has today announced the adoption of an innovative customer engagement platform, in partnership with German-based firm Userlane. Userlane is a cutting-edge user navigation system, providing clear and actionable directions directly to users. The solution will allow users to seamlessly navigate Currencies Direct’s range of online features without the need to move...

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The cost of data debt rises as businesses face the challenge of low data literacy
Feb18

The cost of data debt rises as businesses face the challenge of low data literacy

Eight in 10 businesses believe data is one of their most valuable assets, but a high degree of inaccuracy is hindering critical initiatives, new research from Experian has revealed. The annual Global Data Management report, which surveyed 1,100 data practitioners and data-driven business leaders globally, found that businesses are still struggling to incorporate meaningful data insights into day-to-day business processes. However,...

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E-asy does it
Feb17

E-asy does it

G+D Mobile Security’s Convego suite of solutions offers banks a way to future-proof their payments services against what appears to be an irresistible move among consumers to open their ewallets. The company’s VP Jukka Yliuntinen shares his thoughts Consumers may still prefer plastic to pay, but ever-increasing smartphone use and a proliferation of industry players means digitisation of payments looks inevitable. Such a shift could...

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Fast, smart, secure…
Feb17

Fast, smart, secure…

… are the ambitions driving Bank of America’s investment in digital infrastructure to facilitate transactions in the supply chain. Julie Harris, Head of Global Banking Digital Strategy, and Geoff Brady, Head of Global Trade & Supply Chain Finance for GTS, discuss the impact From bringing together global female leaders of economic growth and mentoring them at the Global Ambassadors Program in November, to being recognised for...

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Quality of data is top priority for credit industry in 2020 and beyond
Feb17

Quality of data is top priority for credit industry in 2020 and beyond

Improving data and the quality of decisions are two of the top strategic priorities for credit management professionals in the next three years. A new study of credit management professionals from Equifax Ignite reveals nearly three quarters (72%) believe there is scope for future improvement of data analytics at their current companies. The study, in collaboration with Coleman Parkes, takes a deep dive into the views of credit...

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Mobey Forum: Banks’ Big Opportunity in Digital ID Won’t Last Forever
Feb17

Mobey Forum: Banks’ Big Opportunity in Digital ID Won’t Last Forever

Despite banks playing a fundamental enabling role in the development of national digital ID schemes to date, their uniquely strong position in the field is under increasing threat from web giants and other globally networked firms. This is the view expressed by Mobey Forum’s Digital ID Expert Group in a new research report launched today. The report, entitled How to Make Digital Identity a Success: Insights and Learnings from Seven...

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Andrew Howell, Keeping up with the pace of change when it comes to marketing
Feb17

Andrew Howell, Keeping up with the pace of change when it comes to marketing

Douglas MacKenzie speaks with Andrew Howell at Valitor about how can organisations keep up with the pace of change when it comes to marketing.

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Uinsure launches Non-Standard Home Insurance
Feb17

Uinsure launches Non-Standard Home Insurance

Uinsure, the multi award-winning InsurTech firm, is excited to announce the addition of online quote and buy Non-Standard Home Insurance to its Defaqto and Moneyfacts Five Star rated proposition. This addition to Uinsure’s proposition takes the award-winning InsurTech firm to the next level, by being able to offer an enhanced in-house suite of GI products across Home Insurance, Non Standard and Buy to Let, as well as market leading...

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London-based FinTech Copper.co raises $8m to expand globally as monthly digital asset trading volumes exceed $0.5 billion
Feb17

London-based FinTech Copper.co raises $8m to expand globally as monthly digital asset trading volumes exceed $0.5 billion

Copper.co, the London-based custodian for digital assets, has raised a USD $8 million Series A to grow globally by expanding its commercial team and launching new products. Institutional investors in this round include leading international investment firm  Target Global, which backed Auto1, Delivery Hero, wefox and Rapyd; LocalGlobe, which is known for successful investments in the likes of Zoopla, Transferwise and Citymapper; and...

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Fintech Finance Presents: The Fintech Show 3.04 –  Guess Who? Part 1
Feb17

Fintech Finance Presents: The Fintech Show 3.04 – Guess Who? Part 1

In this episode of The Fintech Show we find out about new approaches to KYC, or “Know Your Customer”. In a world where everyone expects the same level of personalisation and speed from their bank that they get from their smartphone, is it getting harder or easier for banks to manage their KYC? We’ve been lucky enough to have Doug Mackenzie sit down with the Natwest’s Angela Byrne, Chloe Butler speaks with Tim Fouracre from...

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eToro reveals why fintech fashionistas of London’s Silicon Roundabout are now setting the trend in financial fashion
Feb14

eToro reveals why fintech fashionistas of London’s Silicon Roundabout are now setting the trend in financial fashion

Fintech is not only disrupting banking, it’s re-defining financial fashion too with conservatism of the City now eschewed in favour of ‘informal elegance’  To mark the first London Fashion Week of the new decade eToro looks at how financial fashion has evolved over the last 80 years  Fashion influencer Chris Modoo illustrates how the definitive look of the 2020s is emerging and what it means  To mark the first London Fashion Week of...

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400. Insights: Love and partnerships in fintech
Feb14

400. Insights: Love and partnerships in fintech

Love is in the air at 11:FS HQ. In our 400th instalment of Fintech Insider, your hosts Leda Glyptis, David Brear, and Jason Bates get together to talk about their favourite industry partnerships. Whether that’s big banks merging, fintech team-ups or collaborations between fintechs and incumbents, we spend this episode digging into the best relationships in this industry and our hosts’ personal favourites. Plus, for the...

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