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Standard Chartered taps Starling BaaS platform for green savings product

/sustainable

Standard Chartered taps Starling BaaS platform for green savings product

Standard Chartered's innovation arm has enlisted the help of Starling Bank for a digital platform that will help UK savers invest in green and sustainable projects.

P27 names SEB's Paula da Silva CEO

/payments

P27 names SEB's Paula da Silva CEO

P27, the cross-border payments platform being developed by a group of Nordic banks, has appointed SEB's Paula da Silva as CEO, replacing Lars Sjögren.

Visa invests in card tech startup Deserve

/startups

Visa invests in card tech startup Deserve

Visa has followed Mastercard in investing in Deserve, a provider of bespoke white label mobile-centric API and SDK-based credit card technology.

Digital payments infrastructure startup Extend raises $40m

/payments

Digital payments infrastructure startup Extend raises $40m

New York-based digital payments infrastructure provider Extend has raised $40 million in a Series B fundraising round led by March Capital and backed by B Capital, Point72 Ventures, Fintech Collective, Reciprocal Ventures, Wells Fargo, and Pacific Western Bank.

HSBC moves into Banking-as-a-Service

/wholesale

HSBC moves into Banking-as-a-Service

HSBC is working with Oracle NetSuite to launch a Banking-as-a-Service (BaaS) offering that will enable customers to create and provide business banking services through their own platforms.

Open finance partnership platform mmob signs up partners

/startups

Open finance partnership platform mmob signs up partners

Open finance partnership platform mmob has added a host of firms, including PensionBee, Upside, and Glint Pay, to its network as it bids to become a 'SuperApp-as-a-Service' provider.

Banco Hipotecario and Open Bank Project bid to facilitate bitcoin adoption in El Salvador

/crypto

Banco Hipotecario and Open Bank Project bid to facilitate bitcoin adoption in El Salvador

In the wake of El Salvador's embrace of bitcoin, one of the country's leading banks has enlisted the company behind the Open Bank Project to help facilitate adoption of the cryptocurrency.

Standard Chartered moves to accelerate API adoption by corporate treasury teams

/wholesale

Standard Chartered moves to accelerate API adoption by corporate treasury teams

Standard Chartered is working with fintech FinLync to help corporate treasury and finance teams connect to the bank's API offerings.

Chase taps 10x for UK digital bank

/cloud

Chase taps 10x for UK digital bank

JPMorgan Chase's recently launched UK digital bank was built with 10x Banking, the cloud-native fintech set up by former Barclays chief Antony Jenkins.

Identity decisioning platform Alloy joins the unicorn club

/identity

Identity decisioning platform Alloy joins the unicorn club

Alloy, the New York-based startup behind an operating system that helps banks and fintechs make better identity and risk decisions, has joined the unicorn club off the back of a $100 million Series C funding round led by Lightspeed Ventures.

Worldline releases A2A white label payments product for online businesses

/payments

Worldline releases A2A white label payments product for online businesses

Worldline has released an account-to-account (A2A) payment offering that enables online businesses to launch their own custom-branded payment method.

Money 20/20 EU: ‘A listing is for life, not just for Christmas’

/regulation

Money 20/20 EU: ‘A listing is for life, not just for Christmas’

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.

Money 20/20 EU: Will Europe prevail in the new dawn of payments?

/payments

Money 20/20 EU: Will Europe prevail in the new dawn of payments?

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.

TrueLayer joins the Unicorn club on $130 million funding round

/payments

TrueLayer joins the Unicorn club on $130 million funding round

UK Open Banking platform TrueLayer has raised $130 million with investment from Tiger Global and Stripe.

TrueLayer takes the pain out of payouts with Open Banking

/payments

TrueLayer takes the pain out of payouts with Open Banking

TrueLayer is tackling the issue of slow merchant withdrawals and refunds with the launch of a new Open Banking-based instant payouts feature.

Integrated Finance raises £2m

/startups

Integrated Finance raises £2m

Fintech infrastructure platform Integrated Finance has raised £2 million in a seed funding round led by Octopus Ventures.

India launches Account Aggregator system

/inclusion

India launches Account Aggregator system

India's big banks have taken the open banking plunge, launching an Account Aggregator (AA) data sharing system.

Mastercard expands open banking reach through Aiia acquisition

/retail

Mastercard expands open banking reach through Aiia acquisition

Mastercard has agreed to buy Danish open banking technology outfit Aiia. Financial terms of the deal were not disclosed.

US Bank takes stakes in two fintech VCs

/startups

US Bank takes stakes in two fintech VCs

US Bank has taken ownership stakes in two fintech-focussed venture capital firms as it seeks to step up its engagement with the sector.

Manchester's BankiFi secures £2.2 million investment

/payments

Manchester's BankiFi secures £2.2 million investment

BankiFi, a fintech business specialising in payment processing and financial administration services for SMEs, has secured a £2.2m investment in a funding round led by Praetura Ventures, with participation from the Greater Manchester Combined Authority (GMCA).

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