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

Payments transformation: banks reveal why it is worth it– new Finextra report

Payments transformation is central to banks’ view of how their business will develop. And answers are being formulated as to how real time can generate new revenue streams, as revealed in a new survey by Finextra, in association with Dovetail, now part of Fiserv.

06 November 2017

News/Non-bank competitors

Britain’s small businesses bank on alternative finance options

With more than half of small business owners in the UK concerned about their ability to get bank loans, many are turning to alternatives such as crowdfunding and P2P lending, according to a WorldPay survey.

02 November 2017

News/Non-bank competitors

TransferWise to sell new shares to cement unicorn status

The two founders of start-up foreign exchange service TransferWise are reported to be preparing a sale of some of their shares in a further round of fundraising that could see the company's valuation exceed £1.2 billion, consolidating its unicorn status.

31 October 2017

News/Non-bank competitors

Digital, connected, client-centric: a new model for corporate banking – new Finextra report

Corporates have made massive leaps in digitally transforming their services and it is ringing change within the corporate banking ecosystem. A new research paper from Finextra, produced in association with Oracle, explores the need for a new ecosystem.

27 October 2017

Company update/Non-bank competitors

CommonBond closes $248m securitisation

CommonBond, a leading financial technology company that helps students and graduates pay for higher education, today announces the close of a $248 million securitization of refinanced student loans.

27 October 2017

News/Non-bank competitors

Forget fintechs, banks need to worry about Alibaba and Amazon

Banks may have seen off the challenge from fintech startups but they now face the far bigger threat of platform giants such as Amazon and Alibaba eating into their margins, warns a new report from consultancy McKinsey.

26 October 2017

News/Non-bank competitors

Uber launches credit card

Ride-hailing app Uber is pushing further into the financial services sphere, teaming up with Barclaycard US to launch a rewards-heavy Visa credit card.

25 October 2017

Company update/Non-bank competitors

Affirm launches lending app

Affirm, Inc., the company started by serial entrepreneur Max Levchin to provide fair and honest financial services, today announced the public release of its new mobile application designed to reinvent personal credit.

23 October 2017

Company update/Non-bank competitors

More Americans using non-FI providers for banking

The latest Expectations & Experiences consumer trends survey from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, finds a substantial number of consumers are comfortable using nonfinancial providers for essential activities such as paying bills, transferring money to others, and taking out loans.

20 September 2017

Company update/Non-bank competitors

MarketInvoice inks deal with Germany's Varengold Bank

Business finance company MarketInvoice has signed an agreement with Varengold Bank AG to provide £45m funding annually on its invoice finance platform. This will fund working capital solutions for businesses across the UK.

19 September 2017

News/Non-bank competitors

Square applies for bank status

Square, the fintech startup headed by Twitter founder Jack Dorsey, has made an official application in the US for a banking license, ending months of speculation about its plans but also reigniting the argument about the use of industrial loans charters (ILCs).

07 September 2017

Company update/Non-bank competitors

P2P lender Fellow Finance launches in Germany

A peer-to-peer lending platform Fellow Finance is now open for borrowers in Germany. Wirecard Bank supports the Finnish FinTech company Fellow Finance to enter and provide a digital infrastructure for the German financial market.

07 September 2017

News/Non-bank competitors

New EC rules could enable banks to increase their software spending

European banks under siege from digital challengers and sophisticated cyber attackers could face some relief from a possible change in accounting rules that will enable them to spend more on new software.

06 September 2017

News/Non-bank competitors

China's fintechs look at overseas IPOs to raise funds

The tightened regulatory environment in China is leading number of its largest fintech startups to consider launching initial public offerings (IPOs) overseas in order to raise funds.

06 September 2017

News/Non-bank competitors

Cryptocurrency transactions to exceed $1trn by year-end: report

A new report has forecast that the value of cryptocurrency transactions will surpass the $1 trillion milestone before the end of 2017.

05 September 2017

News/Non-bank competitors

France and Sweden's fintech ambitions get Brexit boost

The UK's divorce from the EU has led to France and Sweden gaining a larger share of the number of fintech deals done within the Union, according to the research firm CBInsights.

30 August 2017

News/Non-bank competitors

Hong Kong and Dubai pledge fintech allegiance

The respective regulators of the Hong Kong and Dubai financial markets have signed an agreement designed to further their mutual cooperation on all things fintech.

29 August 2017

News/Non-bank competitors

UK challenger bank launches as proptech market hots up

Redwood Bank, a new challenger bank providing mortgages to small businesses and professional landlords, has opened its doors four months after it was granted a banking license.

29 August 2017

Company update/Non-bank competitors

PA Consulting and Stockholm Fintech Hub join forces for fintech innovation

PA Consulting Group (PA) and Stockholm Fintech Hub are delighted to announce their new partnership.

25 August 2017

Company update/Non-bank competitors

'Tinder for loans' crowdvouching service Suretly raises $2.8m

Suretly, an international fintech startup that offers crowd-sourced guarantees for micro-loans, secured its minimum funding of $1.5 million USD in a matter of hours.

24 August 2017