Managers of Wealth Fintech

Monzo hits 250K business customer milestone

Monzo has not provided a breakdown of free and paying customers in the 250K figures.

How NatWest is building a relationship bank in a digital world

To put it in context, if each interaction were only one minute long, the annual 50 million interactions would equate to 95 years of continuous conversation.

LHV secures UK Banking Licence from the PRA

The decision to pursue a UK banking licence was made in 2021, and LHV submitted its application in March 2022.

BaaS to drive profound shift in financial services industry

The experts interviewed for the report think the top three most critical factors to accelerate the adoption of BaaS in Europe are regulatory clarity and guidance, ecosystem collaboration, and more licenced players.

European Payments Initiative to pilot digital wallet for instant P2P payments in Germany and France

The news comes as the initiative — which was originally set up with investment from more than 30 banks and acquirers — has also confirmed its planned acquisitions of Belgium-based payment solution iDeal and Luxembourg-based payment solutions p

Sweden's BankID launches digital identity card

Owned by seven banks, BankID is used by more than eight million Swedes an is used by more than 6000 businesses and organisations for identification and document signing.

JM Financial Enters into a Strategic Collaboration with Google Cloud for Accelerating its Foray into Data Led Digital Customers

This new platform, blinkX, will help JM Financial offer a wide range of products and services to digital retail consumers.

ConnexPay and Payouts Network launches Push-to-Card technology

The new functionality will be available to all ConnexPay customers and will also help accelerate the company’s expansion to reach more customers across the gig economy, insurance industry, as well as other dimensions of the travel industry.

Paylink Solutions Makes Numbers Friendlier Than Ever With Latest Embark Review

This review is set to significantly improve the experience of users with low numeracy skills.

Finaro joins forces with MultiPay to offer unified payment acceptance in the Nordics and UK

With Finaro acting as the acquirer for MultiPay’s certified terminals, the partnership will allow the two companies to launch a new and market-leading solution to drive in-store acceptance of international and local cards, as well as alternative pay

New Report Labels UK Credit Card Market as ‘Broken’ With Inefficient Access to Data

The findings indicate that as many as 14 million customers could now be paying close to £1,000 in interest each every year.

Amex Ventures vets launch $78m fintech fund

Based in the US and Israel, Vesey has already made several investments, including in Coast, Cyrus, Grain, Equi and Proper.

Snap wins Digital category at Customer Service Awards

We are thrilled to receive this award, which is a testament to our team’s hard work and dedication

Unlimint expands reach to Nigeria

This milestone development authorizes Unlimint to operate as a recognized payment service provider in the region

Increasing Number of Banks are Looking for Fintech Partners Reveals Finastra

The financial software provider revealed that the most significant proportion of respondents wants to plug into a platform of integrated fintech solutions (56 per cent).

EML Payments CEO out as firm considers sale

The change comes after EML's reconstituted board decided to ditch a long-range strategy only announced in November in favour of focusing on its immediate priorities.

Digital Jersey signs agreement with Mastercard to accelerate the island’s digital transformation

The agreement was signed at an event on 18th April by Tony Moretta, CEO of Digital Jersey, and Solveig Honoré Hatton, Senior Vice President, Government Engagement, Mastercard, during a visit to Jersey by a team from Mastercard.

TrueLayer releases blueprint to unlock the next stage of open banking payments

This goes beyond functionality ‘mandated’ by the Competition and Markets Authority, which enabled the development of ‘variable recurring payments’ allowing customers to sweep money between their own accounts.

Open banking fintech Waave rides $4.7 million seed round

Open banking gives consumers the choice to share their data with external platforms to access their savings and credit data, but is restricted to third parties that have been accredited by the Australian Competition & Consumer Commission (ACCC).

Finastra integrates Fusion digital banking platform with Plaid

The partnership, delivered via Finastra’s FusionFabric.cloud open APIs, provides financial institutions of all sizes within the Finastra ecosystem

Retail Banking