{"id":23957,"date":"2021-06-15T14:33:00","date_gmt":"2021-06-15T14:33:00","guid":{"rendered":"https:\/\/codeandpepper.com\/?p=23957"},"modified":"2021-06-29T08:40:02","modified_gmt":"2021-06-29T08:40:02","slug":"fintech-wire-33-weekly-news-8-14-june-2021","status":"publish","type":"post","link":"https:\/\/codeandpepper.com\/fintech-wire-33-weekly-news-8-14-june-2021\/","title":{"rendered":"FinTech Wire #33: Anti-Greenwashing Initiative in the UK, OneBanks Partners with G4S"},"content":{"rendered":"\n

The green finance trend is growing strong, but the question is how to support the initiatives that are truly making a difference and distinguish them from greenwashing mumbo-jumbo? It seems that the UK government has a good idea. Read the details here!<\/p>\n\n\n\n\n\n\n\n

\"Weekly<\/figure><\/div>\n\n\n\n

Weekly FinTech news digest: 8\u201414 June 2021<\/h2>\n\n\n\n

Green Technical Advisory Group will tackle greenwashing in the UK<\/h1>\n
\n
\n \"72% <\/div>\n
\n

The initiative set up by the government will be chaired by the Green Finance Institute<\/h2>\n <\/div>\n <\/div>\n
\n

The UK\u2019s government announced the appointment of a new independent expert group comprised of 18 members, among them \u201cfinancial and business stakeholders, taxonomy and data experts, and subject matter experts drawn from academia, NGOs, the Environment Agency and the Committee on Climate Change\u201d, as per the official press release<\/a>. The newly established body will be led by the Green Finance Institute<\/strong> and will oversee the delivery of the so-called \u201cGreen Taxonomy\u201d\u2013part of the government\u2019s strategy to transform the economy and transition to net zero.<\/p>\n

Read more about sustainable initiatives in finance<\/a><\/b><\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

Ex-Visa executive appointed as CEO at Pomelo Pay<\/h1>\n
\n
\n \"Ex-Visa <\/div>\n
\n

Andrew Doukanaris will lead the company in the UK and Europe<\/h2>\n <\/div>\n <\/div>\n
\n

Pomelo Pay<\/a>, a digital payments platform<\/strong>, welcomes a new permanent CEO for the UK and Europe<\/a>. However, the new C-level Andrew Doukanaris is not unfamiliar with Pomelo\u2019s business: he has performed the role of Chair of The Board since January 2019. Mr Doukanaris is also an ambassador at the tech community Level39<\/a>. The new CEO will push Pomelo Pay\u2019s growth in new European markets, as well as strengthen its leading position in the payments sector in the UK<\/strong>. He has extensive experience in digital payments and financial services<\/strong>, gained at firms such as Flotta Consulting Ltd, Fintech & Payments Consulting Ltd, JCB Europe, and Visa Europe.<\/p>\n

Read more about the challenges and opportunities in the PayTech sector<\/a><\/b><\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

10x Future Technologies close to raising \u00a3130 million<\/h1>\n
\n
\n \"10x <\/div>\n
\n

The funding round will bring the company\u2019s valuation to \u00a3500 million<\/h2>\n <\/div>\n <\/div>\n
\n

The banking technology company<\/strong> 10x Future Technologies<\/a> founded by ex-Barclays Antony Jenkins is said to be closing a \u00a3130 million funding round with the participation of BlackRock, an asset management firm, and the Canada Pension Plan Investment Board, a retirement scheme. This means that the company\u2019s valuation will reach \u00a3500 million after completing the round, reported Sky News, citing an insider<\/a>. Among the achievements of 10x Future Technologies there is the development of JPMorgan’s digital banking platform<\/strong> and the contribution to Westpac’s BaaS offering. The company already raised \u00a332m in 2019 from the UK’s Nationwide Building Society and Westpac.<\/p>\n

Read more about banking technology developmen<\/a>t<\/b><\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

Nude\u2019s app to help first-time homebuyers save for deposits<\/h1>\n
\n
\n \"Nude <\/div>\n
\n

Users can choose between various types of savings and investment accounts<\/h2>\n <\/div>\n <\/div>\n
\n

UK-based startup Nude<\/a> launched an iOS app for first-time homebuyers<\/strong> that want to build up their deposits. Users can find out how much they need to save to buy a house in any location in Britain, set up monthly deposits, connect their bank accounts, track their progress and analyse their spending structure for a \u00a32 membership fee. Nude comes also with various types of accounts: ISA, Lifetime ISA, and a general account <\/strong>for savings and investments (with an extra 0.35% fee). In the words of Crawford Taylor<\/a>, Nude\u2019s CEO: \u201cThere\u2019s a lot of noise out there telling people how difficult it is to buy a home. (…) With Nude, we want to cut through that noise and instead, give people support, tools and encouragement to show them they can do it.\u201d<\/p>\n

Read more about the top FinTech startups to watch in 2021<\/a><\/b><\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

OneBanks partners with G4S to offer face to face banking services to their customers<\/h1>\n
\n
\n \"OneBanks <\/div>\n
\n

G4S technology will enable paying bills, making deposits and withdrawals<\/h2>\n <\/div>\n <\/div>\n
\n

OneBanks<\/a>, the provider of face to face banking services<\/strong> in pop-up kiosks featured in FinTech Wire #28<\/a>, announced a partnership<\/a> with G4S<\/a>. The new tech partner will equip OneBanks\u2019 shared banking installations with Cash 360 intelligent safe, a cash management solution that will allow those customers without a mean of digital payment to pay their bills in cash. This technology will make OneBanks\u2019 facilities more suitable for locations such as convenience stores and corner shops, in addition to bigger spaces like supermarkets, malls, and stations where the trials of the earlier kiosk format are taking place. OneBanks executives believe that this alliance help them fulfil their mission of bringing everyday banking services<\/strong> back to the underserved locations.<\/p>\n

Read more about the digital transformation in banking<\/a><\/b><\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

Hungry for more news?<\/h2>\n\n\n\n

We make sure to deliver the juiciest, hand-picked news to our social media every Tuesday. Follow us on Facebook<\/a>, Linkedin<\/a> and Twitter<\/a> to never miss a treat!<\/p>\n","protected":false},"excerpt":{"rendered":"

The green finance trend is growing strong, but the question is how to support the initiatives that are truly making a difference and distinguish them from greenwashing mumbo-jumbo? It seems that the UK government has a good idea. Read the details here!<\/p>\n","protected":false},"author":20412,"featured_media":23958,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1641],"tags":[1726,934,1452],"class_list":["post-23957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech-wire","tag-banking","tag-fintech-startups","tag-payment-solutions"],"acf":[],"yoast_head":"\nFinTech Wire #33 - Weekly News 8-14 June 2021 | Code & Pepper<\/title>\n<meta name=\"description\" content=\"UK will tackle greenwashing in finance, Pomelo Pay has a new CEO, and Nude launches an iOS app. Read more FinTech news!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/codeandpepper.com\/fintech-wire-33-weekly-news-8-14-june-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FinTech Wire #33 - 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