DN Intersect 2019: Libra is the “biggest greenfield opportunity” for banks
There are fears banks have missed the boat with Libra.
Business-to-Business/B2B
Nationwide partners up with Qlik
The primary goal is to make all employees across the organisation ‘data enabled’.
NAB launches cybersecurity alliance in Victorian parliament
The bank has partnered with La Trobe University to provide cybersecurity workforce development.
DN Intersect 2019 Day 1 key takeaways: ‘Branches are here to stay’
FinTech Futures shares Diebold Nixdorf’s latest insights live from Las Vegas.
PRA grants Allica its banking licence
It’s now planning for a full launch and will ultimately offer working capital solutions and cash management.
E-commerce group eShopWorld on the hunt for fintechs
The business aims to make cross-border online shopping seamless for consumers.
Foloosi targets GCC expansion with $500k seed funding
The Dubai-based start-up offers cashless payment solutions.
Goldman Sachs lends Mexican start-up Konfio $100m
The companies had “several” event run-ins.
Top fintech stories this week-06 September 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
AkinovA first insurtech to adopt OpenFin OS
“This is an overhaul in the insurance and risk trading space.”
A launchpad platform for savings providers
Savings providers can improve productivity, efficiency and accuracy.
Kabbage acquires Radius Intelligence to expand its data library
Kabbage is backed by SoftBank and lends up to $250,000.
Merck Sharp & Dohme FCU adopts Fiserv’s biometric authentication
The system uses palm readers to verify both members and employees.
Nationwide chooses OutSystems for new digital business
OutSystems will take on the business logic and process for Nationwide.
Standard Chartered chooses Traydstream AI solution
Traydstream begins with the global trade export market in Singapore.
Australian share trading start-up to launch in UK
Stake has been granted a licence by the FCA.
Distributed compliance is the key to banks increasing CDD and KYC challenges
We must we re-imagine risk management and compliance.
Ethical investment platform Yielder completes Series A funding round
Yielders has set its sights on securing licenses in Pan-Asia and the GCC.
EQT will raise at least €500m in IPO
EQT is the world’s seventh largest private equity fund.
Neobank Arival surpasses crowdfund target
The three-year-old bank has raised £1,214,136 so far.
Fintech start-up Byhiras chosen for UK pension solution
The solution will be used by all UK LGPS pension funds by Q1 2020.
Baton raises $12m for blockchain-inspired b2b solution
Baton allows banks to avoid overhauling their existing systems.
NorthOne joins forces with Radius Bank for small business mobile banking
Development partner, Treasury Prime, designed that API technology to streamline account opening.
Zip acquires PartPay for $50m
The Aussie credit card company has also purchased an equity interest in QuadPay.
Top fintech stories this week – 30 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
EWPN and EPA collaborate on boosting equality in the finserv industry
EPA’s report shows 57% of those surveyed have personally experienced gender discrimination.
Fujitsu collaborates with Commerzbank on securitisation project
“No longer any need to wait for commercial viability of true quantum computers.”
Raisin completes takeover of MHB-Bank
It is the first fintech in Germany to buy a bank.
Temenos acquires Kony for $559m
The transaction is due to be completed by early Q4 2019.
Tech Mahindra and Adjoint collaborate on blockchain finserv and insurance solution
This will be the firms first treasury and insurance blockchain solution offering.
PNC becomes first US bank on RippleNet
The bank joined the blockchain payments platform in September 2018.
Schroders Personal Wealth troubled by IT issues
The launch of the joint venture between Lloyds and Schroders have prompted widespread complaints from staff.
Standard Bank and Nomanini sign 12-months in the making $4m deal
Nomanini will be looking to raise additional funding for growth.
Doing smarter, cleaner business: The analytics potential of trade data
Banks’ data-rich future should not begin and end with trade flows.
Indian digital payment firm BharatPe raises $50m
The company is now valued at $225 million.
Blooma raises $2.7m in first seed round
The financing was led by Floodgate.
People’s Bank of China to issue fintech development plan
The strategy will include actions to control risk.
Data breach leaves PayID’s customer details exposed
NPP Australia confirms the affected data included name and account numbers.
Tink tells NCA companies “are not ready” for PSD2
The letter also asks for “stronger industry collaboration” with TPPs.
