Standard Chartered pumps $500m into Atome to fuel BNPL rollout in Asian markets
Standard Chartered has inked a 10-year partnership with Atome Financial to help the company introduce its buy now, pay later (BNPL) service in select Asian markets.
FinTech adoption reaches 86% in the UK
Research led by open banking platform Plaid has found the use and adoption of FinTech has reached mass scale in the UK, with up to 86% of consumers using it.
How ethical hackers can help FinTech companies fight cybercrime
The threat from cybercrime has never been greater. As a result, corporations and governments are increasingly turning to hackers i.e. white hats for help with the promise of cash rewards known as bug bounties. And experts suggest that it’s the best way to boost cybersecurity.
Personal finance specialist NerdWallet files for an IPO
NerdWallet, a provider of financial guidance to consumers through a range of different tools, is set to go public after it filed an IPO.
Banks target more FinTech acquisitions, partnerships to boost market standing
A report by Lloyds Bank has found more UK banks are targeting collaboration and acquisitions with FinTech firms to strengthen their position in the growing market.
Only one in five consumers feel their bank values them as a customer
Recent research by marketing firm Ello has found only one in five consumers believe that their bank values them as a customer.
CBDCs to create ‘inevitable changes’ to payments landscape, McKinsey warns
A report by McKinsey has outlined the key challenges financial companies facing from the rise of central bank digital currencies (CBDCs).
Mark Cuban-backed Otto scores $4.5m seed financing
Texas-based Otto has raised $4.5m from a seed funding round led by venture capital firm Uncommon.
Vietnamese FinTech Bizzi sets sights on Southeast Asia
Vietnam-based bookkeeping platform Bizzi has reportedly netted $3m in funding, as it hopes to expand in the region.
Banking software developer finova launches from stealth alongside latest acquisition
Banking solution developer finova has acquired BEP, a cloud-based mortgage and savings software developer.