01/10/2023
Axis Bank taps Open to launch digital current accounts for businesses
The partnership, Axis Bank’s first with a fintech player, will also open up access to Open’s digital banking platform for all Axis Bank account holders, the firms say.
Innovation & Startups
01/10/2023
BNP Paribas invests in AccessFintech
The French lender says the deal will enable it to provide its Corporate and Institutional Banking clients with the latest technology, data and workflow tools in a context of shortening settlement cycles.
01/10/2023
Penta co-founder raises €3m for Swiss payments fintech
The SME-focused fintech aims to digitalise Switzerland’s banking sector with automated compliance processes.
01/10/2023
Fintech Scotland: 200% jump in investment funding for Scottish fintech firms
Over 60% of funding was raised by fintech SMEs focused on payment and data innovation
01/09/2023
SIX transformative trends that will shape fintech in 2023
2022 saw market volatility increase and a prominent rise in the dollar’s popularity as investors rushed to purchase more of the currency due to the fear of a looming global recession.
01/09/2023
Kerala Becomes Country’s First Fully Digital Banking State
Chief Minister Pinarayi Vijayan declared Kerala as the first state in the country to go fully digital in its banking service and said this recognition would boost the state economy.
01/09/2023
Why Technology Can Help, Or Hinder Advisory Practices
The focus of these two teams is to support wealth managers
01/09/2023
UK fintech funding slumps by eight percent
London firms attracted the lion’s share of the investment with $10.2bn invested in 2022, down only five per cent from 2021 amid a sharp global slump.
01/09/2023
UK fintech funding slumps by eight percent
London firms attracted the lion’s share of the investment with $10.2bn invested in 2022, down only five per cent from 2021 amid a sharp global slump.
01/07/2023
Tanzanian money remittance app Nala launches in the EU
Nala was founded by and is led by Benjamin Fernandes
01/06/2023
Accenture completes acquisition of Inspirage, expanding digital supply chain capabilities
Technology is at the core of change today, and Accenture is one of the world’s leaders in helping drive that change with strong ecosystem relationships.
01/06/2023
From neo-banks to digital lending platforms, a slew of technology innovations are reshaping financial services.
The rollout of 5G and the growth in technologies like AI, machine learning, Web 3.0 and Metaverse will further strengthen the Indian FinTech market this year.
01/06/2023
LHV UK selects Jaywing to boost cloud data infrastructure
The latest engagement Jaywing has undertaken comes from LHV UK
01/05/2023
EY launches South West Innovation Hub as part of regional fintech investment
The hub, led by directors Dan Harris, Oana Beattie and Liam Snelling, will work closely with FinTech companies based in the South West, the University of Bristol and Fintech West to help serve clients locally, across the UK and internationally.
01/05/2023
Saudi Central Bank Establishes Open Banking Lab
The Saudi Central Bank’s new open banking lab provides a sandbox environment which simulates real banks’ open banking APIs.
01/05/2023
Flat6Labs and Wio Bank Partner to Support Abu Dhabi Start-ups and SMEs
This access ensures that the seed-stage program is able to attract start-ups from international markets.
01/05/2023
Zopa Bank hits £3bn deposits as interest rates highest since 2008
On top of its swelling deposit base, Zopa has more than £2bn of loans on its balance sheet and 350,000 credit card customers.
01/05/2023
Taiwan’s Next Bank Launches on Temenos
New digital bank backed by Chunghwa Telecom launches on Temenos core banking platform to bring products to market fast and scale efficiently
01/05/2023
Digital Wallets Could Cost Banks Billions in Lost Payments Income
“Banks that rethink their strategies, and capitalize on consumers’ trust in their stability and security, could expand revenues and market share,” the report states.
01/05/2023
Research: European SMEs trust BaaS will overtake traditional banking
Vodeno and Aion Bank have commissioned an independent survey with over 1,000 businesses from the UK, Belgium, and the Netherlands to showcase the potential of Banking-as-a-Service (BaaS).