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Paytech firm Moneycorp has hired Velizar Tarashev as its new chief financial officer (CFO). Velizar Tarashev spent 13 years at Barclays Tarashev joins from Barclays, where he spent 13 years. His final role at the UK...

BBVA and Google Cloud have signed a collaborative agreement on the development of new AI and machine learning models to prevent cyberattacks. BBVA and Google Cloud have worked together since 2011 As part of the deal,...

HSBC has signalled its “pivot to Asia” as it invests $6 billion in the region, whilst cutting branches in the US. On 22 February, the bank announced that it was still “exploring organic and inorganic options”...

Brex, the US-based corporate credit card provider tailored to start-ups, has filed an application in Utah to establish “Brex Bank”. The San Francisco fintech is hoping to obtain an Industrial Loan Company (ILC)...

When my son Graham (seven) came to me and asked me if he could open a bank account, I shouldn’t have been surprised. After all, we’ve been sharing the same work/school space for the better part of a year at this...

Nadeem Shamim, Smartstream: “Active management of intraday liquidity and stress-testing are increasingly seen as very useful tools in day-to-day operations” The pandemic has accelerated the shift in attitudes...

The UK chancellor, Rishi Sunak, has drawn up a new post-Brexit visa scheme to attract more global fintech talent. It will give priority access to workers in the tech industry to live and work in the UK. According to The...

Earnix, a fintech which allows banks and insurance firms to model prices and products on artificial intelligence (AI) data, has just become Israel’s latest unicorn. The Givatayim-based firm has raised $75 million,...

Tinkoff, Russia’s largest digital banking disruptor, has launched Tinkoff Checkout, a “one-stop shop” designed for merchants to accept payments. “Some of our services can be activated within a day,” says...

Paytech company TransferWise has rebranded itself, dropping the first part of its name in a bid to underpin its expansion as a platform player. Wise is aiming to underline its market repositioning The firm, founded in...

Multinational insurance firm Aviva has launched “Aviva Save”, marking its entry into the UK’s cash savings market. Using the “Savings-as-a-Service” technology built by German fintech Raisin, Aviva is rolling...

Alpha Bank, the second-largest bank in Greece by assets, is selling its €10.8 billion portfolio of impaired loans to US fund Davidson Kempner. Alpha Bank is also offloading 80% of loan services provider Cepal...

Barclays is sunsetting its long-serving payments app Pingit, telling staff the project has “run its course”. Barclays says the app is under “review” According to Sifted sources, Barclays announced the closure...

The European Central Bank (ECB) published a report on a digital euro in October of 2020, voicing possibilities that the concept may be implemented soon. The idea of this currency type is not new, as in the last couple...

A compilation of funding deals across the fintech sector worldwide for the week of 15-21 February 2021. Featuring Public, Webull, Blockchain, GoCardless, and Personetics: Source: Tracxn, a platform for tracking...

A round-up of some of the recent investments in the fintech space, featuring SeedFI, Libeo, Ember and Finch Capital. SeedFi raised $50m in debt and $15m in equity San Francisco-based fintech SeedFi has launched with $65...

Oraan, a female-founded fintech in Pakistan, has set out to disrupt the way 106 million women interact with finance. The start-up’s investors include UK-based Zayn Capital, Singapore-based Tharros, and an angel...

Vanquis Bank has signed a partnership with credit builder Loqbox, for greater provision of credit to potential customers. Loqbox founder Tom Eyre (left) and Gregor Mowat (right) Vanquis sees the deal enabling it to...