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Innovation & Startups

04/19/2022

Nigerian digital bank Umba raises $15m Series A funding

The firm bills itself as a customer-centric, mobile-first digital bank that increases access to financial tools, including current accounts, bill payments, loans, cashback, P2P payments and bank transfers.

04/19/2022

4 Ways to Keep Younger Consumers from Leaving Your Bank for a Fintech

Gen Z and Millennials still express a strong level of trust for banks and credit unions, but trust doesn't lead to loyalty anymore.

04/19/2022

How are small businesses using embedded finance?

Traditional banks offer the widest selection of financial products to SMEs, but embedded services are a faster, viable alternative

04/19/2022

Derayah Financial CEO says it owns 20% of PIF-backed digital bank D360

With the planned introduction of single-stock futures trading in Saudi Arabia, Al-Shammasi stressed the importance of such a transition in enhancing the capital market.

04/19/2022

FAB teams up with IBM to accelerate digital transformation

Collaboration aims to further enhance accessibility of FAB’s digital banking services to its customers

04/19/2022

Nigeria’s TeamApt relaunches Moniepoint product as business bank

The startup raised a multi-million US dollar Series B funding round last year as it looks to expand in the aftermath of switching its focus from B2C from B2B

04/19/2022

Novia exec: Platform will scale through tech model not workforce growth

Following an overhaul of its management team, Novia is now focused on building layers of microservices on top of its core bookkeeping technology, powered by GBST.

04/18/2022

Digital Currents In A Changing World: How Businesses Can Ride The Tide In The Era Of Disruption

The report is based on the Wave of Readiness, a global league table of each nation's preparedness for major technology shifts and digitalisation.

04/18/2022

Fintech Dimply signs deal with Mercer as it raises funds

Group helps financial services sector communicate with customers online

04/14/2022

Paynt launches Acquiring-as-a-Service platform

Paynt is a fully-integrated global payment solutions and infrastructure provider.

04/14/2022

ABN AMRO Bank Signs to Extend Partnership on the Temenos Banking Cloud

Dutch bank accelerates the pace of innovation and speed of software delivery with Continuous Deployment on the Temenos Banking Cloud

04/14/2022

HCL Technologies Expands Global Partnership with Avaloq to Accelerate Innovation in Digital Wealth Management

The new lifecycle management center will harness HCL’s digital transformation execution framework and next-generation AI and automation products to drive efficiency.

04/14/2022

Banking Circle adopts ISO 20022 messaging standard

“To conduct business, financial institutions exchange massive amounts of information with their customers and other institutions,”

04/14/2022

New UK fintech start-up GoSolo launches business account

The new GoSolo global account costs £250 a year and enables customers to form a new company which is registered and authorised by the UK’s Companies House.

04/14/2022

Collaboration creates successful digital strategies

To start this vetting process, bankers should engage with their digital partner to collaborate on a digital strategy to produce exceptional digital products.

04/14/2022

Why Big Tech is Driving the Fintech Digital Ecosystem

Kumar believes the benefits of an ecosystem are multiple and can vastly improve brand health for the financial services industry.

04/13/2022

The biggest challenges to getting a fintech startup off the ground

“To build a great company, you need the best team and it's super hard to compete for outstanding talent as an early-stage startup."

04/13/2022

Successfully transitioning to an operating model underpinned by technology

Those firms that can harness technology to achieve operational efficiencies and scalably connect across all client touchpoints will emerge as the dominant players over the coming five years.

04/13/2022

Software firm used by Barclays, Santander and Investec secures £2m investment

Portfolio companies of Praetura Ventures include Sorted, Peak AI and PixelMax

04/13/2022

Iress ditches plans to sell UK mortgage business

After a thorough and well considered process, we have concluded that the best outcome for our shareholders, clients and people is for Iress to retain the business.

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