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Toronto FinTech Koho Financial raises $42million to fund growth plans

Koho Financial Inc., the Toronto-based company behind a mobile-banking service that has helped more than 120,000 Canadians track their spending, has raised $42-million in growth capital.

The ID Co. secures seed funding for international growth

Investors in start-up fintech include Amadeus Capital Partners and SixThirty.

Shawbrook taps into marketplace banking with Monzo

Shawbrook Bank has announced it is now live with Monzo offering up its savings products to Monzo customers.

Funding Options bids for backing to help small businesses take control of their finances

Funding Options has partnered with Runpath, a part of Experian, to develop a cash flow management tool that will allow small business to better manage its finances.

European banking platform partners with Natwest

It’s easy to push a narrative of fintech upstarts versus the big incumbent banks, but the more subtle reality is that as well as competing on numerous fronts, there are partnerships being formed across the board.

Emerging Payments Awards 2019: Become a winner of a prestigious Award

The Emerging Payments Awards is returning for its twelfth anniversary this year and will be staged at a new exciting venue, the InterContinental London O2.

Insight: PSD2 and Strong Customer Authentication- Defining new customer journeys

As a component of the Payments Service Directive 2 (PSD2) legislation, that was introduced in January 2018, the security measures that are outlined in the Regulatory Technical Standards come into effect from September 2019.

Open Banking Expo launches Canada’s first Open Banking conference

Open Banking Expo is to launch its first event in Toronto in collaboration with Equifax Canada Co.

Insight: Proven APIs hold the key to Open Banking success in Bahrain

The spirit of co-opetition will make Bahrain’s banks the envy of the world, says Abdulla Almoayed, CEO, Almoayed Technologies.

Royal Bank of Canada launches budget tool

Royal Bank of Canada (RBC) has launched NOMI Budgets, a solution available on the bank’s app that uses artificial intelligence (AI) to analyse a customer’s spending history.The feature recommends an appropriate budget and sends timely updates to help keep customers on track.