Banks are looking for greater flexibility and functionality to enhance the customer experience at their ATMs and advanced software is helping them get there

upSWOT, a fintech platform helping financial institutions dramatically improve their ability to service Small-Medium Business clients (SMBs), announces a $4.3M seed round with commitments from multiple VC firms, corporate partners, and 50+ prominent angels and industry operators. Utilizing an API-driven, modern approach, similar to Plaid, upSWOT connects, collects, and normalizes data from over 120 business software tools SMBs regularly use, such as Quickbooks, Xero, Salesforce, Amazon, eBay, Shopify, Freshbooks, Sage, and more.

MACROBOND Financial, a leading provider of economic and financial data and analytics, announced today that it has appointed John Leffler as Vice President for the Americas and

A new study from Juniper Research has found revenue from tokenisation provisioning and management in mobile payments will exceed $53 billion in 2025, from $18 billion in 2020.

A socially-minded technology company set to transform the travel experiences of those with reduced mobility has secured £2.3m in a funding round led by Blackfinch and Praetura Ventures. 

Transreport, which has offices in London and Glasgow, has designed an app that helps rail passengers with disabilities and mobility restrictions by better enabling rail operators and station staff to respond to booked assistance requests.

Mswipe, India’s leading financial services platforms for SMEs, today launched ATM Express, a micro ATM which allows merchants to offer their point-of-sale (POS) terminals to customers for cash withdrawal, check bank balance among other features. The ATM Express will help merchants bring additional footfalls and add revenue stream through commission.

First Iraqi Bank (FIB), a newly established digital bank in Iraq, has selected ICS BANKS Digital Banking platform from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to start its operations in Baghdad, Iraq.

This edition of Financial IT stands out for the broad diversity of topics on which our contributors have written.

Nevertheless, it is possible to link each of the contributed articles to one of three main themes.

New strategies

The first of these themes is: rapidly changed plans. One recent survey that is cited in an article found that the Covid-19 pandemic caused 58% of respondent banks to change their IT infrastructure strategies.

For the second consecutive year, University of Cambridge PHD student Robin Kohze wins the Satoshi Nakamoto Scholarship awarded by Bitcoin Association, the global industry organisation based in Switzerland that strives to advance business with the Bitcoin SV blockchain.