Monzo founder says the “positive effect of open banking on innovation has been nil”

When open banking was first introduced, it was suggested that it would enable both big banks and smaller firms to innovate. However, the founder...

Glantus acquires vendor credit recovery FinTech JPD Financial

Ireland-based Glantus, a global provider of financial automation and data intelligence solutions, has acquired JPD Financial, which fashions itself as the industry leader in vendor credit recovery services, a term it has trademarked.

What’s going on in the Nordic challenger bank scene?

Neobanks in the Nordics may have had a slow start, but things may soon be about to change.

Nova Credit nets $50m in equity round

Nova Credit, a cross-border consumer credit reporting company, has netted $50m in an equity financing round.

Meet the 16 startups selected for Accenture’s new FinTech Innovation Lab London cohort

Accenture has picked 16 new promising startups from such varied disciplines as InsurTech, RegTech, open data and capital markets to take part of its UK-based accelerator programme.

S&P Global has acquired 451 Research in new deal

Credit ratings and capital market analytics company S&P Global has acquired 451 Research, a research and advisory firm.

Kamakura’s new suite helps Bank Islam Malaysia Berhad’s digitalisation process remain compliant

Bank Islam Malaysia Berhad’s taps RegTech Kamakura Corporation to ensure its digitalisation process remains compliant.

Financial identities for world’s unbanked would add $250bn to the global GDP

Catering to underbanked people could add a massive boost to the global economy, according to a new study from Oxford Economics.

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.

Goldman Sachs lends $125m to Mercado Credito as Latin American FinTech investments are booming

E-commerce giant MercadoLibre's credit unit Mercado Credito has strengthened its financial muscles thanks to a $125m loan from investment bank Goldman Sachs.

News Stories

InsurTech UK joins plea to protect British startups from being “wiped out” by the...

Several UK tech industry bodies are asking the government to do more to support the nation’s startups or risk having a generation of innovative ventures “wiped out.”

UK consumers put strong technology as main appeal for banks

UK consumers are placing strong technology as their biggest priority for banking, but digital banks need to be clear with their value offering to capitalise on this, according to Vilve Vene, CEO and co-founder of core banking platform Modularbank.

KPMG welcomes the FCA’s proposals to freeze payments to help people’s finances during the...

While KPMG understands the Financial Conduct Authority's (FCA) proposals to soften the financial blow of COVID-19, the professional services firm reminded the regulator that the crisis is not easy for banks either.

Insurers – the time to change is now! – ManageMy

With the world being forced to stay indoors and social distance, now is the time for insurers to focus on digitalising as we have “reached a tipping point”, according to digital experience platform ManageMy.

MAP FinTech launches AI-powered solution to boost anti-money laundering compliance

RegTech venture MAP FinTech has unveiled its latest solution to help financial services firms monitor and screen transactions in order to prevent money laundering.