Study finds majority of SMEs want human-digital hybrid banking approach
A study by Cynergy Bank has found up to 78% of SMEs want the digital transformation of banking to be balanced with a human constituent to offer a hybrid approach.
Nexi, Fiskl collaborate to bolster open banking services
FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.
Lendable secures £210m to transform consumer finance
Lendable, a leading AI-powered consumer finance platform, has raised £210m in a funding round that saw its valuation reach £3.5bn.
NatWest unveils carbon footprint feature aimed at tracking user climate impact
NatWest has launched a new carbon footprint tracking feature for its app users to help customers lower the climate impact of their spending.
Voya Financial to acquire Benefitfocus to improve employee wellbeing
Voya Financial, a health, wealth and investment company, is to acquire Benefitfocus, a cloud-based benefits administration technology company that serves employers, health plans and brokers.
Fintonic picks up €25m in latest funding round
Fintonic has raised €25m in a funding round seeing commitments from ING Group and PSN, among others.
Mobile banking app NorthOne has closed a $2m seed round
Digital banking platform NorthOne has closed a $2m Seed round from Peter Graham, Tom Williams, and Ferst Capital Partners.
Digital banking platform Relay said to close its Series A on $19.4m
Relay, a digital banking platform for small businesses, has closed its Series A round on $19.4m in funding.
NatWest urges collective effort to turbocharge open banking adoption in UK
A NatWest report has called for collective action to overcome hurdles preventing the broader adoption of open banking in the UK.
Over 100,000 banking jobs predicted to be lost in next five years to automation
Wells Fargo managing director Mike Mayo has claimed he expects automation to eliminate over 100,000 banking jobs over the next five years.
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