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

The Reinvention of Card Payments

17 December 2021 1207 downloads

Company update/retail

Challenger lender Koto Card rebrands to The Credit Thing

Challenger lender Koto Card Ltd announced today it is rebranding to The Credit Thing and radically changing its product. The Credit Thing represents a substantial simplification of the product, which now offers up to 62 days of interest-free credit and starting limits of up to £1500 at an APR of 27.9%.

10 December 2021

News/people

Wise replaces chair with ex-Netflix CFO

Money transfer app Wise has named David Wells, the former CFO of Netflix, as the chairman of its board of directors.

09 December 2021

Company update/startups

UK digital bank Monument launches first savings product

After receiving its full banking licence and commencing its property investment lending activity, Monument launches its app and first suite of savings products to the market.

09 December 2021

News/payments

Irish banks’ mobile payments plan hits roadblock

A payments app developed by Ireland’s high street banks to compete with digital banks has hit a snag after it was announced that the Competition and Consumer Protection Commission (CCPC) would launch an investigation.

09 December 2021

Research/Non-bank competitors

Future-Ready Payments Solutions: Remaining competitive with reusable technology

09 December 2021 788 downloads

News/people

David Marcus quits Facebook

David Marcus has quit as the boss of Facebook parent Meta's fintech unit after leading a frustrating effort to launch the Novi digital wallet and its associated stablecoin Diem.

30 November 2021

Research/Non-bank competitors

Facing up to the Future: Biometric Automation in Banking

12 November 2021 459 downloads

News/crypto

Singapore Fintech Festival 2021: ‘We haven’t even fuelled the DeFi rocket’

During Singapore Fintech Festival’s panel session ‘Decentralised Finance: Redefining the Architecture’, ChainLink co-founder Sergey Nazarov and Celo CEO and co-founder Rene Reinsberg examine the forces currently driving the decentralised finance (DeFi) sector and how financial institutions should be approaching their DeFi and cryptocurrency strategy.

08 November 2021

Research/Non-bank competitors

Continuous Reinvention: The holy grail of Digital Transformation

03 November 2021 313 downloads

Research/Non-bank competitors

Open Banking powered by the Cloud, Democratising Finance at Scale

28 October 2021 546 downloads

Research/Non-bank competitors

Core Banking on the Cloud - The Catalyst for Innovation, Agility and Efficiency

07 October 2021 534 downloads

Research/Non-bank competitors

Prepare to Choose: 4 factors Banks must assess before committing to a SaaS Provider

22 September 2021 512 downloads

Research/Non-bank competitors

Addressing tech skills shortages in financial services

14 September 2021 283 downloads

News/payments

Amazon developing POS to compete with PayPal, Shopify

Insider reports that Amazon’s Project Santos is working on the point-of-sale (POS) solution to compete with the likes of industry giants.

10 September 2021

Company update/payments

44% of Indonesians use digital payments platforms at least four times a week

Kadence International Indonesia has released the results of its latest research, Digital Payments and Financial Services Usage and Behavior in Indonesia. The report was based on an online survey of 1,000 respondents conducted during July 2021 in six major cities in Indonesia: Greater Jakarta, Bandung, Surabaya, Makassar, Medan, and Palembang.

06 September 2021

Research/Non-bank competitors

Competitive Advantage through Cloud Connectivity

06 September 2021 173 downloads

Company update/retail

Walgreens bank account goes live

Walgreens and InComm Payments, a leading global payments technology company, today announced the launch of Scarlet, a bank account and debit card powered by Mastercard and issued by MetaBank, available exclusively at Walgreens.

02 September 2021