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Tag: banking


News

FinTech Futures Jobs: Your fintech job might change in the future

May 20, 2022

Via: FinTech Futures

In 2021, The Financial Times sampled companies’ “Flexibility Factor”, a measure of the extent to which businesses are allowing employees to decide where they work once pandemic conditions ease, and established some broad trends. In no real surprise, tech firms […]


Activity, Corporate Banking

Mastercard partners Dreams for sustainable banking solutions

May 18, 2022

Via: FinTech Futures

Through the partnership, the two firms aim to develop digital banking solutions that will help banks bolster their ESG credentials and encourage customers to adopt more sustainable consumption habits. Henrik Rosvall, founder and CEO of Dreams, says, “Through our strategic […]


News

US mobile banking app Spruce launches powered by SoFi Technologies’ Galileo

February 18, 2022

Via: FinTech Futures

The app, launched on 20 January 2022, includes a spending account with a debit card, a connected savings account that allows for specific budgeting goals, early paycheque availability and overdraft protection. Galileo CEO Derek White says consumers are embracing digital […]


News

Senate Banking Republicans double down on boycott of Fed nominees

February 17, 2022

Via: American Banker

Republican members of the Senate Banking Committee defended their boycott of a vote on five Federal Reserve Board nominations, saying that nominee Sarah Bloom Raskin’s testimony about her work on behalf of the fintech company Reserve Trust was deceptive and […]


News

Climate First Bank on sustainability, fintech greenwashing, and fighting the climate crisis

February 16, 2022

Via: FinTech Futures

Climate First Bank is an interesting entrant on the US market. Based in Florida and opening for business on 1 June 2021, it claims to be the country’s first climate-focused community bank. It started with personal and business loans, deposit […]


Capital and Risk, Insurance

Global Insurance M&A Rises in 2021, Despite Pandemic Pressures: Clyde & Co. Report

February 15, 2022

Via: Insurance Journal

There were 418 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2021, up from 407 the previous year, according to a report published by law firm Clyde & Co. Activity was driven by a particularly strong second […]


News

Bank of America invests in UK paytech Banked, launches new online payment solution

February 15, 2022

Via: FinTech Futures

Currently only available in the UK, BofA says it has plans to roll-out the e-commerce solution to other countries and regions in the near future. BofA’s co-head of global corporate sales, head of GTS sales and head of GTS EMEA, […]


Channels

What’s New in Payments?

February 14, 2022

Via: Bank Director

Following a number of rollouts and innovations, 2022 could finally be the year where the speed of digital payments equals their convenience. A number of developments, combined with the coronavirus pandemic and changing consumer habits, could hasten changes to the […]


News

How can open banking get ahead in 2022?

February 14, 2022

Via: FinTech Futures

While there is overt awareness around open banking and its benefits within the financial services industry, the challenges created by a lack of education are evident. The services offered by banks today are focused on those with multiple bank accounts, […]


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Open banking – a new stage in financial inclusion

January 19, 2022

Via: FinTech Futures

While in some parts of the world banks and clients form long-term relationships which persist even over generations, there are still a lot of people out there fitting under the qualificatives of “unbanked”, “underbanked”, and “underserved”. Financial exclusion doesn’t affect […]