Banking as a Service (BaaS) and Banking as a Platform (BaaP) were key themes throughout both days of the Temenos Community Forum (TCF). These topics were also hit on during a session about how to scale your business, led by Ross Mallace – speakers executive vice president, global head of SaaS and partner ecosystem at Temenos.
Clare Reilly, head of corporate development at PensionBee, believes the current challenging economic conditions could lead people to engage with their pensions more closely.
New York is to host its first ever FinTech Startup Weekend in early December, pairing developers with vendor APIs, entrepreneurs and business and marketing executives in a 48-hour race to create innovative financial applications.
Regulatory reports have become too complex to handle, forcing banks to search for alternative and sustainable cloud-based solutions that can reduce the cost of compliance.
Former Google and Ripple executives have raised $8.5 million for a startup, called Skyfire, building a payments network that enables AI agents to make autonomous transactions.
Scammers could crack 45% of passwords within a minute, using brute force or smart guessing attacks, warns security firm Kaspersky.
Australian open banking platform Basiq has closed a Series A funding round joined by NAB Ventures, Salesforce Ventures and Westpac’s Reinventure. The size of the round was not disclosed.
Elmore Insurance Brokers and RegTech Green Swan Compliance have teamed up on the development of an Authorised Push Payment (APP) Fraud Reimbursement Insurance product for qualifying UK banks, Payment Service Providers, E-Money Institutions, and Authorised Payments Institutions.
UK insurer Aviva has acquired a majority stake in a startup robo-adviser for an undisclosed sum.
Mastercard has unveiled Agent Pay, its new agentic payments technology to power commerce in the age of AI. Separately, PayPal has made its own agentic commerce play, with new tools for developers.
The European Securities and Markets Authority (Esma) has called for the EU to migrate to a T+1 settlement cycle by October 2027, ensuring coordination with the UK.
In the panel ‘Sustainable finance: Assessing shades of green across payments and banking’, hosted by Finextra’s own Madhvi Mavadiya, speakers explored how the European banking landscape is adopting sustainable strategies.
UK RegTech platform NorthRow has appointed boutique investment advisory firm Lazarus Consulting to explore options for growth investment or a full sale of the business.
Norway’s Consumer Council has referred Klarna to the country’s Consumer Authority over an alleged failure to provide clear details about interest paid on its buy now, pay later products.
Tony McLaughlin of emerging payments and business development at Citi tells Finextra TV of his soft spot for bitcoin as an alternative investment, but points out the inefficiencies that still afflict the cryptocurrency.