Weavr founder Alex Mifsud discusses the potential of embedded banking
It has been a cracking July for Weavr. It kicked the month off by raising a further £7m in seed funding. This represents an extension to the £3m of seed...
RBC’s Flora Do discusses the launch of two new GICs including ESG themed offering
RBC is launching two Guaranteed Investment Certificate (GIC) products with one based firmly on ESG principles. Specifically, the bank is...
Cognitec supports real-time person alerts and searches in video
The video screening and analytics technology from Cognitec, FaceVACS-VideoScan, allows users to perform complex searches and analyses on persons appearing...
BNP Paribas: net profit surges 26% after retail banking returns to form
Galvanised from a rebound of its retail bank and a decrease in its provisions for bad debts, BNP Paribas has...
NatWest bounces back to profitability, declares dividends
NatWest Bank has returned to profit, as bad loan fears ebb, and immediately promised payouts to shareholders. The state-backed bank...
Weekly chart
Q2 2021 Most active banks and payment sector companies ranked by patents granted
Top skills banking & payments employers sought in June 2021 (Source: GlobalData)
| Assignee | Patents |
|---|---|
| Capital One | 191 |
| Bank of America | 113 |
| Wells Fargo | 99 |
| Visa | 98 |
| Alibaba Group | 83 |
| Mastercard | 65 |
| Tencent Holdings | 63 |
| PayPal | 61 |
| USAA | 59 |
| Advanced New Technologies | 58 |
Latest News
Digital banking firm Mercury rakes in $120m at $1.62bn valuation
Mercury, a digital banking company aimed at startups, has raised $120m in Series B funding round, taking its valuation to…
First Mid Bancshares to acquire Delta Bancshares Company for $106.3m
First Mid Bancshares has signed a definitive agreement to acquire Missouri-based Delta Bancshares Company for nearly $106.3m. Under the terms…
IFC acquires 4.99% stake in India’s Federal Bank with $127m investment
International Finance Corp (IFC) has made an investment of $127m in Indian private-sector lender Federal Bank. The investment provides IFC…
Collaboration in fight against AML hugely encouraging says Andrew Davies, Fiserv
Andrew Davies, VP global market strategy for financial crime and risk management at Fiserv tells Douglas Blakey how AI and…
Latest Themes
China’s tech future depends on children and surveillance
A bountiful tech industry means the children of China face a prosperous future. The same tech is watching them, and ever evolving, as Giacomo Lee...
China’s tech future depends on children and surveillance
A bountiful tech industry means the children of China face a prosperous future. The same tech is watching them, and ever evolving, as Giacomo Lee...
Was Covid-19 the jab needed to make companies fight fake news?
If this is the era of fake news, then it's likely to be the calm before the storm. The true tempest will begin to howl...
Bank transformation in weeks: Modularbank founder speaks with RBI
It is a strong and confident pitch and all the key words are utilised in as few sentences as possible as Modularbank co-founder and CEO...
Sezzle CEO Charlie Youakim discusses the BNPL rollercoaster
Sezzle CEO and executive chairman Charlie Youakim tells Douglas Blakey that the three-year deal Sezzle has inked with US retailer Target represents a major milestone...
Laybuy CEO discusses firms ‘path to profitability’
Laybuy CEO and managing director Gary Rohloff likes a challenge, which is just as well. As he tells Douglas Blakey, when he launched Laybuy in...
Digital core banking: 50% cost save opportunity
The largest European banks can reduce IT spend on core banking technology by 9% annually, by moving to ‘last generation’ solutions. But as Ben Snowman...
Covid accelerates Canadians digital drive: CAFII
Covid is making the majority of Canadians more comfortable conducting financial transactions online. But while Covid is accelerating the move to virtual sales, the branch...
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Expert Commentary & Analysis
View MoreIowa-based retailer Hy-Vee follows Walmart’s foray into financial services
Founded in 1930, employee-owned supermarket Hy-Vee has officially started to offer financial services to its shoppers, including standard banking services such as checking and savings accounts, as well as insurance…
NatWest’s new student proposition could threaten Barclays’ 18–24 market share
NatWest Bank has launched a new student proposition aiming to acquire full-time students as customers. Based on data from GlobalData's Financial Services Consumer Survey, the focus point for NatWest will…
Alternative Credit Scoring: Timeline
The credit scoring system that was started in the 1950s evolved into the Fair, Isaac and Company (FICO) score, which has helped lenders all around the world predict the behaviour…
Alternative Credit Scoring: Regulatory Trends
Even with alternative credit scoring, few lenders provide meaningful transparency around how they score would-be borrowers, nor the pricing categories underpinning those scores. This suggests a gap in the market…