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Q&A: Raidiam’s Ralph Bragg on creating an Open Banking ‘ecosystem-in-a-box’

Ralph Bragg, co-founder of Raidiam, explains how its technology helped the UK deliver secure Open Banking transactions and how it played a fundamental role in enabling Brazil to realise its “Open Data dream”.

JP Morgan boosts payments capabilities with Renovite deal

The investment bank’s acquisition of cloud-native payments fintech Renovite is part of its plans to “develop the next-generation payments processing platform globally”.

Investment in Canadian fintech declines amid lower tech valuations

According to KPMG in Canada, there was $810 million in total investment across 85 deals in the first half of 2022.

Swoop Funding chooses ForwardAI to improve SMBs’ access to loans

ForwardAI’s ‘Precise API’ will give Swoop access to historical, real time and predictive data to help assess a business’ viability.

ClearBank names new chief revenue officer

Andrew Barker has been appointed by ClearBank as prepares to expand across Europe initially, and then internationally.

Regtech SteelEye secures $21m in Series B funding for US expansion

US demand for regtech solutions “at all-time high”, according to SteelEye’s Americas president Brian Lynch.

Fintech PEXA completes UK’s first digitised remortgage transaction

The transaction was undertaken by Hinckley & Rugby Building Society and law firm Muve using PEXA Pay, and suggests that same-day remortgaging in the UK could be made possible.

Less than 50% of US banks using customer data for personalisation

‘The State of Digital Banking 2022’ report also reveals financial institutions recognise the importance of fintech partnerships for growth but are not quick to add new ones.