Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Volante bolsters executive team

Volante Technologies Inc., a global provider of technology and software as a service to accelerate digital transformation and payments modernization, today announced two senior strategic hires to drive the continued growth of the company.

03 September 2019

News/ai

Filtering the ethics of AI

As decision-making factors using AI become more accepted, pure economics might not align with the softer strategies of a bank. Many financial institutions are questioning how artificial intelligence must be governed within an organisation and how it can be taught to align with a bank’s brand and ethos, but without influence from human judgement.

03 September 2019

News/Human resources

Starling opens new UK office

Online bank Starling is today cutting the ribbon on its new office in UK town Southampton as it looks to bolster its operational resources.

02 September 2019

News/Human resources

Revolut to open ops centre in Portugal

Challenger Revolut is planning to open a customer service centre in Portugal that will employ 400 people.

02 September 2019

News/Human resources

Citi appoints new ops head for EMEA

Citi has promoted Anne-Maree Tassell as the new head of operations and technology for EMEA.

29 August 2019

Company update/Human resources

Avaloq appoints new Asia head

Avaloq, the global fintech leader, has appointed Imad Abou Haidar as the firm’s new Head of Asia.

28 August 2019

News/startups

Singapore fintech employment remains strong with minimal talent shortage

According to a survey put together by the Singapore FinTech Association (SFA) and PwC Singapore, 42% of fintech firms in Singapore have over 30 employees and a further 31%, between 11 and 30 employees.

19 August 2019

Company update/Human resources

11:FS welcomes ex BCG Ventures and Apple head of talent

11:FS, the challenger firm defining and building digitally native financial services through technology, product and design expertise, today announced Michael Curds has joined the firm as Head of Talent.

19 August 2019

Company update/wholesale

Lendable hires new CIO and COO

Lendable, Inc., the London, New York, and Nairobi based technology-enabled funding provider to frontier and emerging market non-bank lenders is proud to welcome Hani Ibrahim as the new Chief Investment Officer and Des Denning as the new Chief Operating Officer and Chief Financial Officer. Hani will oversee Lendable’s investment strategy and monitoring, including the deployment and management of Lendable’s latest initiative, the Frontier Credit Fund, while Des will oversee Lendable’s internal operations and finances.

16 August 2019

Company update/devops

Biz2Credit to spend $10 million on staff training

Biz2Credit Inc., the leader in online digital SME finance platforms, today announced that it is committing more than $10 million in a technology training initiative designed to further enhance the skills of more than 100 of its employees globally in areas such as software engineering, AI, data analytics, and IT support.

14 August 2019

News/Human resources

New Zealand backs salaries paid in cryptocurrencies

New Zealand based companies can now legally pay their employees in cryptocurrency, establishing the controversial asset class as a mainstream form of payment.

13 August 2019

News/Human resources

Revolut attracts yet another top dog

David Maclean, finance director of Metro Bank, has resigned in order to take up the role of CFO at digital challenger Revolut.

30 July 2019

Company update/ai

JPMorgan Chase locks in five year deal with AI marketing platform Persado

JPMorgan Chase today announced a five-year, enterprise-wide deal with Persado, the leader in using AI to generate the highest performing marketing creative. After a successful pilot, Chase is expanding its partnership across the company to cover marketing creative that will reach millions of current and potential customers. Persado uses AI to generate more effective marketing copy. In its pilot, Chase saw as high as a 450% lift in click-through rates on ads rendered by Persado, compared with others in the 50-200% range.

30 July 2019

News/Human resources

UK fintech Soldo raises €54m for Dublin move

A London-based startup that has migrated most of its operations to Ireland ahead of a possible Brexit has raised €54m to help funds its relocation.

08 July 2019

News/Human resources

Deutsche Bank to spend €13bn on tech amid massive job cuts

Deutsche Bank has announced swingeing job cuts as part of a radical overhaul of its operations that will also see it spend €13bn on new technology over the next four years.

08 July 2019

News/Human resources

UK finance faces "existential skills crisis"

The UK's financial services industry is facing an "existential skills crisis", says a Government-sponsored report, with graduate recruitment on the wane and existing staff unable to keep pace with dizzying levels of technological change.

21 June 2019

News/Human resources

NAB pledges $1.4bn funding for Aussie tech sector

National Australia Bank (NAB) is to commit AUS$2bn ($1.38bn) to support Australia's technology sector.

20 June 2019

Company update/Human resources

LendingCrowd appoints chief risk and compliance officer

LendingCrowd, Scotland’s only fintech lending platform, has appointed Robbie McKenzie to the newly created post of General Counsel and Chief Risk & Compliance Officer.

20 June 2019

Company update/Human resources

DealCloud opens new office in Charlotte

DealCloud, the financial services division of Intapp, the industry cloud for professional and financial services, today announced the opening of a new office in Charlotte, N.C.

20 June 2019

Company update/Human resources

CISI and MThree partner for fintech graduate programme

Global consultancy MThree has agreed a partnership with the Chartered Institute for Securities & Investment (CISI) which will support the UK financial services professional talent pipeline.

19 June 2019