Airfox partners with Mastercard for Brazil’s financial inclusion
It has also partnered with Cielo and Zurich Insurance.
Data & Analytics
Wealthtech Jacobi raised $7.5m for EU expansion
The Australian firm recently partnered with JANA Investment Advisers.
ABN AMRO launches mobile wealth management app
Kendu’s core banking is managed by Sopra Banking Software.
Fintechs and post-Brexit data protection compliance
The strategies to implement to address the additional data protection compliance challenges.
An after after-dark round-up
FinTech Futures unravels the hot topics covered at 11:FS’ live podcast.
Untangler launches using AI
The new insurtech is an afterthought created out of the founders’ previous firm.
VTB launches multifactor fintech platform for Russian SMEs
GetFinance aims to shape a new mass segment of the commercial online financing market.
What will Brexit mean for the payments industry?
A European take on a very British dilemma.
ConnexPay raises $7m Series A round
The travel payment start-up will use the funds to continue developing its tech.
The rise of technology in the insurance field: the case of black boxes
Technology is continuously evolving together with the amount of data generated by a vehicle.
JP Morgan to take stake in 10x Future Technologies
10x Technologies’ boss is Anthony Jenkins, formerly Barclays head.
Citi and Vasakronan execute first MTN on Origin
The pair successfully raised AU$30 million using the debt origination platform.
Axinan and Sompo Indonesia team up
The acquisition aims to provide a digitised claims management infrastructure.
ICC 2019, Moscow: an interview with Dmitry Samartsev
Bi.Zone’s CEO talks about the interactions between governments and companies around cybersecurity.
Top fintech stories this week – 28 June 2019
The very best fintech news this week!
BBVA creates AI Factory to drive data innovation
The team will work on both customer and internal solutions.
AI imaging platform Ocrolus closes $24m funding round
The document analysis solution combines machine processes with human intelligence.
MX raises $100m for data tech boost
Funds will be used to focus on clean data.
White paper: Keeping secrets secret – how to protect confidential documents in a global bank
How a global bank leveraged Sinequa’s AI-powered search & analytics platform.
Thomson Reuters to acquire Confirmation
It will expand core tax, accounting, and audit solutions.
HooYu and NatWest collaborate to offer account opening by selfie
The bank’s competitors HSBC and Lloyds began offering “selfie banking” in 2016
JP Morgan and StatPro form strategic alliance
The five-year partnership will develop risk and performance attribution capabilities.
Top fintech stories this week – 21 June 2019
From JP Morgan’s secret UK digital bank project to MoneyGram and Ripple’s partnership.
Desjardins announces internal security breach
The personal information of 2.9 million members was disclosed.
Moneyou selects Konsentus for PSD2 capabilities
Konsentus will provide Moneyou with third party provider (TPP) identity & regulatory checking.
Tieto buys Nordic banking tech rival Evry for €1.3bn
Combined, TietoEvry will have 24,000 employees and annual revenues of €3 billion ($3.4 billion).
Webinar: don’t disrupt – avoiding the dangers of transformation
70% of digital transformation plans fail. Find out why in this upcoming Finovate webinar.
Refinitiv invests in BattleFin
BattleFin’s Ensemble marketplace will be integrated with Refinitiv’s desktop, Eikon.
Anti-fraud firm BlockClaim completes £500k seed funding
The UK-based firm uses AI and blockchain to detect fraud.
Retail banks ignore social media data at their peril
Social media is a valuable and largely untapped source of data for the banks.
Interview: Dan Makoski, Lloyds Banking Group – grand designs
“Design, like technology, is a strategic superpower that can be used to do incredibly bold things.”
ABN AMRO invests in Israeli data analytics firm Thetaray
The financial details of the deal have not been disclosed.
Video: fintech news weekly round-up – 11 June 2019
This week, news about JP Morgan’s Chase, Visa, and more!
FinovateSpring 2019: focusing on the digital future of fintech
Three key takeaways from the event.
HSBC seeks AI prowess with Element AI partnership
The bank is also looking out for more partnerships to push AI capabilities.
Halo raises $12m to democratise structured notes investing
The platform aims to make investment available to everyone, not just high net-worth investors.
SimCorp acquires AIM Software for €60m for data management boost
The Danish investech will include AIM’s solution to its portfolio.
Biz2Credit closes $52m Series B round
Bix2X platform aims to improve access to working capital for SMEs.
Money20/20 Europe 2019 – Day 2, a fragmented consumer-centric world
Everybody wants customer data, but that’s not always customer-centric.
Raincode Labs scores record Pacbase migration for Bankia
The project aims to move 120,000 programmes in a year.
