Categories
Finextra RegTech

Mode raises £6 million from private placing

February 26, 2021 at 10:21AM LSE-listed fintech Mode has raised £6 million in fresh capital on an oversubscribed placement of 10,909,091 new ordinary shares at a price of £0.55p each. via Latest Finextra Research Regulation & Compliance Headlines https://bit.ly/3aWoYvP
Categories
Finextra RegTech

NIH FCU selects Corelation core

February 26, 2021 at 10:36AM Over the last few years, National Institutes of Health Federal Credit Union ($787 million assets; 42,749 members; Rockville, MD) has worked to adopt a more technology-forward approach to serving their vital field of membership: employees of the National Institutes of Health and also all workers in the healthcare and biomedical industries. via Latest Finextra Research Regulation & Compliance Headlines https://bit.ly/2O6RtxO
Categories
Finextra RegTech

SIX e-invoicing platform eBill breaks 2 million customer barrier

February 26, 2021 at 10:34AM eBill is the digital invoice for Switzerland. via Latest Finextra Research Regulation & Compliance Headlines https://bit.ly/3pYbnZp
Categories
Finextra RegTech

Npower scraps mobile app after hackers breach customer accounts

February 26, 2021 at 10:07AM Npower, one the UK’s big six energy providers serving serving 3.6 million residential and business accounts, has shut down its mobile app after hackers accessed customers accounts, inluding partial bank details. via Latest Finextra Research Regulation & Compliance Headlines https://bit.ly/3dNU76t
Categories
Finextra RegTech

Banking Competition Remedies publishes progress updates from grant recipients

February 26, 2021 at 10:02AM The Board of Banking Competition Remedies Ltd (BCR) today publishes progress updates for Pool A, B, C and D recipients, providing a summary of performance against their public commitments to the period 31st December 2020. via Latest Finextra Research Regulation & Compliance Headlines https://bit.ly/3qVT7Ry
Categories
Finextra RegTech

Lloyds Bank to step up fintech partnerships

February 26, 2021 at 09:42AM Lloyds Banking Group is to step up partnerships with fintech firms as it seeks to deliver on a wide-ranging digital transformation project. via Latest Finextra Research Regulation & Compliance Headlines https://bit.ly/3q34nKU
Categories
Finextra RegTech

2020 Fintech funding down on 2019 but on the way back up

February 26, 2021 at 12:01AM Global investment in fintech fell significantly in 2020 as the Covid-19 pandemic hit but picked up significantly in the second half of the year, according to KPMG, which expects a strong 2021 for the sector. via Latest Finextra Research Regulation & Compliance Headlines https://bit.ly/3dMOgP5
Categories
Finextra RegTech

South African API startup Stitch raises $4m

February 26, 2021 at 12:01AM South African fintech API startup Stitch has emerged from stealth with $4million in seed funding led by Raba and firstminute capital. via Latest Finextra Research Regulation & Compliance Headlines https://bit.ly/2P2r4BR
Categories
Finextra RegTech

Treasury Prime and Marqeta team on single vendor programmatic card issuing

February 25, 2021 at 09:12PM Treasury Prime, the leading Banking as a Service (BaaS) company, announced today that it has partnered with Marqeta, the global modern card issuing platform, to bring Marqeta’s modern card issuing capabilities to the Treasury Prime API. via Latest Finextra Research Regulation & Compliance Headlines https://bit.ly/3aVDunH
Categories
Finextra RegTech

Step hits 1m users milestone

February 25, 2021 at 07:59PM Step, the new modern-day financial services company built for teens and families, today announced it has crossed one million users. A first of its kind, Step offers users the ability to build credit before they turn 18 through a free, FDIC insured bank account, secured spending card and P2P payments platform. via Latest Finextra Research Regulation & Compliance Headlines https://bit.ly/3uxC8Y5