Episodes
Join us! NEWS HIGHLIGHT BlockFi files for bankruptcy as FTX contagion spreads. The crypto lender filed for bankruptcy protection on Monday (Nov. 28), and said it was filing for Chapter 11 bankruptcy protection, indicating it hoped to restructure, continuing operations in the meantime. Link here BREAKING NEWS Polish regulator UOKiK has initiated proceedings against PayPal over the use of possibly prohibited contractual provisions and says the possible fine could amount to 10% of the company’s...
Published 11/29/22
Today’s episode is sponsored by Klarna Kosma. Klarna Kosma is giving you essential open banking connectivity, not to 1 or 2, but 15.000 banks across 27 countries. Providing the base for you to build new payment services and better user experiences your customers will love. Visit kosma.com today, and give your ambitions superpowers! NEWS HIGHLIGHT Argentina’s Lemon Cash received investment from FTX, revealed CEO Marcelo Cavazzoli, who also confirmed that the company still has its own funds...
Published 11/27/22
Join the club NEWS HIGHLIGHT Moss integrates with Klarna Kosma. Powered by Kosma, Moss customers will have real-time visibility of their liquidity anytime, allowing finance teams to produce more accurate reports. Link here BREAKING NEWS Revolut CEO at Slush: Tech scene facing ‘hangover’. “We’re back into this swinging mood,” says Nik Storonsky, who expects it will take two or three years for the industry to recover. The CEO believes the venture capital (VC) industry needs to reinvent itself...
Published 11/24/22
Join the club NEWS HIGHLIGHT FTX processed billions monthly in Africa before going bust. One of the startups affected by the collapse was Nestcoin, which has laid off some employees as FTX’s demise impacted its business according to the information shared in a tweet by CEO, Yele Bademosi. Link here BREAKING NEWS Afterpay and Zip react to proposed buy now pay later regulations, and share differing opinions on new regulation options put forward by the Treasury will impact the buy now, pay...
Published 11/24/22
Today Jumio is proud to announce the continued evolution of their Jumio KYX Platform with additional features that further enhance their intuitive, one-stop orchestration hub. The KYX Platform provides end-to-end identity proofing, risk assessment, and KYC/AML compliance management to help you fight fraud and financial crime. Learn more at Jumio.com NEWS HIGHLIGHT Pipe said it is on the hunt for a “veteran” CEO, as the three co-founders are stepping down from their roles as executives of the...
Published 11/23/22
Today’s episode is sponsored by Klarna Kosma. Klarna Kosma is giving you essential open banking connectivity, not to 1 or 2, but 15.000 banks across 27 countries. Providing the base for you to build new payment services and better user experiences your customers will love. Visit kosma.com today, and give your ambitions superpowers! NEWS HIGHLIGHT Despite boasting of big profits, FTX and Alameda lost billions before 2022. In a motion filed on November 19, the bankruptcy pros now managing...
Published 11/22/22
BREAKING NEWS Plum ranked as the fastest growing fintech in the 2022 Deloitte UK Technology Fast 50. Plum’s CEO and co-founder, Victor Trokoudes, credits the company’s excellent performance for its exponential revenue growth over the past four years. Link here #FINTECHREPORT Check out the Latvian Fintech landscape review Autumn'22 by Venture Faculty. Link here INSIGHTS Check out the Financial Technology Partners / FT Partners weekly FinTech deal activity overview. Link here This article...
Published 11/21/22
BREAKING NEWS The Australian Securities and Investments Commission (ASIC) has suspended the license of the Australian unit of FTX allowing the platform to provide limited financial services related to the termination of existing derivatives with clients. Link here #FINTECHREPORT Check out Frollo’s report on the State of Open Banking in Australia. The report is a  deep-dive into the actual usage of CDR Access Models, and a look ahead into the future of the Consumer Data Right. Link...
Published 11/19/22
Connecting the dots in FinTech This podcast episode is sponsored by Hala. Hala is a leading fintech platform allowing SME's to manage their inbound and outbound payments in a simple yet safe way. It's a one-stop shop to manage the financials of your SME's. NEWS HIGHLIGHT Klarna Kosma opens up a FinTech platform to accelerate Open Banking use cases. The new initiative is aiming to help startups develop Proofs of Concepts (POC) in the e-commerce, data analytics and fintech space. Link...
Published 11/18/22
Connecting the dots in FinTech NEWS HIGHLIGHT FTX says it could have over 1 million creditors in the new bankruptcy filing, hinting at the huge impact of its collapse on crypto traders. Link here BREAKING NEWS BlockFi prepares for potential bankruptcy as crypto contagion spreads. The company, financially entangled with the now-bankrupt FTX, is planning to lay off workers and exploring a bankruptcy filing itself, people familiar say. Link here FTX’s Bankman-Fried quietly invested more than...
Published 11/17/22
Connecting the dots in FinTech NEWS HIGHLIGHT Sebastian Siemiatkowski, CEO of Klarna, accuses media outlets of "hypocrisy" over treatment of BNPL in a tweet. The CEO believes Klarna is getting unfair media coverage by media outlets compared to credit card firms. Link here BREAKING NEWS Manchester fintech startup Boodil secures £525k funding to scale consumer focused Open Banking payment solutions. Link here Nubank exceeds expectations with $7.8M Q3 net profit as loan portfolio swells. The...
Published 11/15/22
Connecting the dots in FinTech NEWS HIGHLIGHT Curve bids for BlockFi’s more than 87,000 credit card customers — whose credit cards have been suspended since Nov. 11. Negotiations are still in the process with Deserve, which services the BlockFi card program. Link here BREAKING NEWS Klarna has launched the search and compare tool to enable shoppers to compare prices. This marks an acceleration of Klarna's attempts to reach superapp status as it broadens its reach beyond payments. Link...
Published 11/14/22
Connecting the dots in FinTech NEWS HIGHLIGHT Crypto billionaire Sam Bankman-Fried blamed himself for FTX's collapse in a series of tweets. FTX CEO apologized to users and acknowledged he had made mistakes. The post comes as the onetime hero of the crypto sector begs for billions of dollars to stave off bankruptcy. Link here BREAKING NEWS Plaid suspends FTX.US access to user data. The company said the suspension was due to “concerning public reports,” though noted that there is “currently no...
Published 11/14/22
Join us: Connecting the dots in FinTech NEWS HIGHLIGHT Binance is backing out of its plans to acquire FTX, the company said Wednesday, leaving Sam Bankman-Fried’s crypto empire on the verge of collapse. Link here BREAKING NEWS J.P. Morgan and Mastercard modernize account-based payments with innovative 'pay-by-bank' solution, an ACH payment that uses open banking, which enables customers to pay bills directly from their bank account with greater security. Link here Elon Musk detailed his...
Published 11/11/22
Join our community NEWS HIGHLIGHT British fintech Railsr eyes sale weeks after heavily discounted fundraising. Sky News has learnt that the company is working with bankers at FT Partners on a range of strategic options, including an outright sale amid growing impetus for consolidations. Link here BREAKING NEWS African neobank Kuda arrives in the UK as its second market in order to add remittances to its growing list of features in order to give Africans easy access to financial services....
Published 11/09/22
Join our community! NEWS HIGHLIGHT BNPL boosts as PayPal and Block add installment plans to weather inflation. Recent PYMNTS research confirms the strength of BNPL, especially among younger demographics with less disposable income. Link here BREAKING NEWS Crypto.com to issue credit cards with crypto capabilities in Singapore. The credit card comes with a cryptocurrency capability and is accepted by more than 80 million Visa merchants. Link here #FINTECHREPORT According to a report from...
Published 11/08/22
Join our community This podcast episode is sponsored by Uncover, the new podcast by ComplyAdvantage. Join the CEO and his team as they interview compliance leaders, FinTech innovators, and financial crime experts to uncover the latest best practices and industry trends. Subscribe on Apple Podcasts or Spotify today NEWS HIGHLIGHT Ant rolls out a BNPL product in Hong Kong. Users will be able to pay in installments when shopping on AlipayHK's network of merchants as well as on the e-commerce...
Published 11/07/22
NEWS HIGHLIGHT PayPal announced that it will soon support Apple’s Tap to Pay on iPhones. Merchants will be able to accept contactless card payments as well as payments via Apple Pay and other digital wallets (Google Pay). Link here BREAKING NEWS CloudWalk becomes the first licensed crypto payment institution in Brazil. The license will allow the company to offer credit cards to users and provide payment accounts to businesses. Link here Finastra announced the availability of Finastra Digital...
Published 11/07/22
This podcast episode is sponsored by PayRetailers, leading European paytech firm in Latin America, dedicated to creating a fast and simple payment process for merchants and shoppers. With a flexible and highly scalable proprietary technology architecture, we innovate rapidly in response to market demand for online businesses of all sizes. Visit www.payretailers.com
Published 11/04/22
Join our community.  This podcast episode is sponsored by PrivacyLock. Privacy Lock helps you protect your business and consumers with patent-pending privacy technology. Penta Privacy Lock helps you track what information you have collected on your customers, so you can comply with data management requirements. Visit pentaprivacylock.com Welcome to your daily FinTech news! NEWS HIGHLIGHT Crypto exchange Deribit loses $28 million in a hack. According to Deribit's official Twitter account,...
Published 11/03/22
Connecting the dots in FinTech This podcast episode is sponsored by Burgopak. Burgopak delivers award-winning innovative packaging solutions for some of the world's leading companies in Fintech. Discover how tangible physical touchpoints are crucial in digital banking with the Burgopak 'Welcome to the club' book; Request your free copy, contact [email protected] NEWS HIGHLIGHT Staff at Monzo have told management they plan to form a union and ask the company to formally recognise it. The...
Published 11/01/22
Join our community! This podcast episode is sponsored by Provenir. Provenir does more than help with your current tech challenges. They eliminate them. Designed and built to power agility, their cloud-native technology puts your team in control. Loved by Startups. Trusted by Decacorns.
Published 10/31/22
Today’s episode is sponsored by Klarna Kosma. Klarna Kosma is giving you essential open banking connectivity, not to 1 or 2, but 15.000 banks across 27 countries. Providing the base for you to build new payment services and better user experiences your customers will love. Visit kosma.com today, and give your ambitions superpowers!
Published 10/31/22
Welcome to your daily FinTech news! In case you missed it, please see below today's most relevant news, or tune in to our Daily Fintech Podcast here. NEWS HIGHLIGHT PayPal and BPAY are Australia’s most frequently used digital payment services. The two services are used by almost three times as many people as the third-placed Afterpay, now used by over 3.2 million people (15.2%). Link here BREAKING NEWS UOB Malaysia launches digital banking platform for SMEs. An all-in-one digital banking...
Published 10/29/22