Finextra's year in review

Finextra's year in review

With 2019 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.

Top news stories of 2019

January

Stripe raises $100m at $22.5bn valuation

Stripe has secured another $100 million in funding, this time from Tiger Global Management, boosting the payments firm's valuation to $22.5 billion.

February

Tales from the dark side of the Revolut revolution; CFO resigns

The CFO of Revolut has resigned as the fintech unicorn makes headlines for all the wrong reasons, with allegations arising over serious lapses in money laundering controls and dodgy hiring practices.

March

Russia pushes its Swift alternative

Russian authorities are promoting the international use of an alternative financial messaging system to the global Swift network in order to mitigate the risk of sanctions.

April

Halifax rebrand slammed for copying Monzo and Starling

Days after Halifax's attempt at a rebrand to compete with digital upstarts such as Monzo and Starling, social media users noticed that the bank's new identity may have taken the competition a little too literally.

May

Man dissolves credit card to make contactless ring

There may be no shortage of wearable payment options on the market, but one handy man has decided to opt for something a little more personal, and time consuming: dissolving his credit card and putting the RFID chip in a home-made resin ring.

June

FCA delays introduction of Strong Consumer Authentication rules

Taking its lead from the European Banking Authority, the UK's Financial Conduct Authority has confirmed a delay to the enforcement of stronger payment security standards to give firms more time to prepare.

July

Santander pips Metro Bank for best savings account

Santander has the most intuitive savings account and ranks fastest for account opening time when compared with nine other leading UK banks, according to Worship’s inaugural Savings Account Audit.

August

UK regulator offers 18-month delay for Strong Customer Authentication rules

The UK's Financial Conduct Authority (FCA) has confirmed an 18-month delay to the introduction of Secure Customer Authentication (SCA) rules for e-commerce transactions.

September

American Express taps Open Banking for account-to-account payments

American Express is to move into the account-to-account space, enabling UK consumers to pay for goods and services online and on the go, directly from their bank account.

October

Uber launches financial services division

Ride hailing giant Uber is moving deeper into financial services with the launch of a new division, Uber Money.

November

Deutsche Bank collapse rebuttal sets off Twitter storm

The Deutsche Bank social media team has caused a Twitter storm after moving to deny a story published by conspiracy blog Zero Hedge that it was on the verge of collapse.

December

Deloitte predicts 'Japanification' of banking in 2020s

Leaders of banks need to look beyond banking in anticipation of disruption to their industry in the next decade, according to Deloitte.

Most commented

Robinhood stored user passwords in plain text

ING tests software that turns mobile phones into POS terminals

Ripple accused of making false claims about Swift error rates

Adyen launches open banking-powered payment method

Banks not ready for 'confirmation of payee' service

Videos

The State of Fintech

How Digital ID Verification Can Increase New Account Opening

New venture for Nick Ogden: RTGS.global to fix real-time cross-border payments

Introducing the new challenger bank model

The future of digital banking platforms

Blogs

Open Banking: AISPs and PISPs explained

AI in Financial Services is growing, but there’s a way to go

Digital Banks - Business Models

Open Banking vs. Screen Scraping: looking ahead in 2019

Five financial markets trends in 2019

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