UK challenger Monzo in talks with SoftBank for £100m fundraising
Monzo, the UK challenger bank valued at $2.7 billion last June, is on the look out for another funding injection. Co-founder Tom…
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Kenya’s Standard Investment Bank plans $100m FX-focused fund
Kenya-based online currency-trading money manager, Standard Investment Bank, plans to add more retail investors to its forex-focused fund and grow it to $100 million this…
FCA calls UK’s current overdraft market “dysfunctional”
The Financial Conduct Authority (FCA) has called the UK’s current overdraft market “dysfunctional” and is asking banks to explain how they have…
Market Research for Startups: 3 Steps to Success
Guest Post: The following post is a sponsored guest post by SEMrush. All views and opinions represented in this post are the…
Why Most Companies are Just “Flailing Faster” and What to Do About It
Over 25 million copies of the late Stephen R. Covey’s book, The 7 Habits of Highly Effective People, have been sold. It remains…
EXCLUSIVE: Woodforest National implements Finxact on Microsoft Azure
EXCLUSIVE: Woodforest National Bank in core banking tech overhaul with Finxact Woodforest National Bank has been confirmed as one of the initial…
White paper: Payments outsourcing: Pros, cons and considerations that should be on your radar
Payments has seen much change and innovation in the last years and will continue to evolve at the same pace. Just two…
Why Failure is an Innovation Aphrodisiac to Some
If you stick around innovation long enough you’ll probably come to believe that we are all dead-enders. After all, what group of…
API provider Currencycloud raises $80m in Series E funding
Currencycloud, the application programme interface (API) builder powering UK neobanks such as Revolut and Starling Bank, has raised $80 million in a…
UK’s Payzone rebrands to Takepayments
Takepayments is the new name for Payzone’s card terminal and EPOS business, launching as a new fintech this year in a bid…
FCA appoints Christopher Woolard as interim chief
The Financial Conducts Authority (FCA) has named Christopher Woolard as its interim chief executive. Christopher Woolard, FCA Woolard steps into the role…
Finma fines Swiss bank CEO $752,000 for insider trading
Switzerland’s financial regulator Finma has fined the CEO of an unnamed Swiss bank $752,000 to reap back the illegal profits he made…
Video: Top fintech stories this week – 24 January 2020
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe. This week we cover: Aussie neobanks challenge country’s…
Payments security: A year in review
As ever, breaches weren’t limited to small and medium entities. Facebook was at the heart of yet another scandal in April, as…
Former Wells Fargo CEO barred from banking industry, fined $17.5m
Wells Fargo’s former CEO John Stumpf was slapped with a $17.5 million fine and a lifetime ban from working in the banking…
How innovation impacts work: Technology as game-changer and life-changer
“The job your child will do doesn’t exist yet”, said the young principal from one of Singapore’s most prestigious private schools in…
Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex
Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan. 23 press release. One token represents ownership of…
What does open finance mean for the wealth management sector?
Increasingly, what has begun as open banking will be termed open finance SPONSORED INSIGHTS Open banking has begun, focusing on payments and…
Freetrade takes on Europe, starting with the Netherlands and Ireland
Freetrade, the UK-based digital brokerage app, has announced its plans to expand across Europe starting with the Netherlands and Ireland. The UK…
Turkey’s Halkbank could pay $1bn in fines for court absence
Halkbank, Turkey’s state-owned bank, could be in the running to pay more than $1 billion dollars in fines if it keeps failing…