Banking Infrastructure

OpenFin cashes in $22m in Series C round thanks to HSBC backing

Finance operating system developer OpenFin has convinced HSBC to join its Series C financing round, bringing the total amount raised in this round to...

Rebank nets $2.8m to improve business banking

UK-based Rebank has raised $2.8m in a new seed funding round led by ADV, the patient venture investment engine.

FinTech unicorn Marqeta signs Mambu partnership

Having achieved a $2bn valuation through its Series E round earlier this year, Marqeta is signing off 2019 with a new partnership.

Nubank is telling customers to stop trying to use digital wallets to delay payments

Brazilian challenger bank Nubank has indirectly told off some of its clients for trying to trick the system.

B-North bolster its roster by picking Newcastle Strategic Solutions for savings solution

Having already tapped nCino and Mambu to build its technological banking backbone, B-North has now signed another partnership.

EQ Bank partners with TransferWise to boost its international money transfer offerings

Canadian challenger bank Equitable Bank has integrated TranferWise’s APIs into its digital platform.

Financial services could save up to $140bn in the next five years by introducing...

Banks, insurance companies and capital firms are some of the businesses that could save hundreds of billions through automation and artificial intelligence.

Less than a fifth of banks use AI technology holistically

Despite nearly all commercial banks using AI, only 19% are using the technology holistically across the enterprise, according to a study from Genpact.

Signavio launches new business transformation suite for financial institutions

As banks and financial institutions are scrambling to update their offerings to the new digital era, Signavio launches new tools to help them out.

TSB picks Iress’ Lender Connect solution to slash the time needed to apply to...

Applying for a mortgage might become easier at TSB Bank in the future as the company has decided to leverage FinTech firm Iress’ technology.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution