Certua acquires insurtech Surely Group
It is to bolster Certua’s new insurance platform.
Data & Analytics
The ID Co. lands $2m
Bringing its total funding to $11 million.
MasterQueue closes first round of funding
The amount of the investment is undisclosed.
KYC firm 4Stop raises $2.5m for fight against fraud
The Series A was led by Ventech.
JSE goes live with new real-time clearing platform from Nasdaq
First asset classes are migrated as part of JSE’s multi-year plan.
ION Investment Group acquires majority stake in Acuris
BC Partners and Acuris management retain minority ownership.
Swedish refinancing start-up Anyfin eyes European expansion with €8m investment
The extended Series A round brings total investment to €13.3 million.
Finastra’s Fusion LenderComm on blockchain signs up three new big banks
BNP Paribas, Natixis and Societe Generale join NatWest.
The IM regime and the false economy trap
Sophisticated technology offers a more cost-effective answer in the long-term.
Video: fintech news weekly round-up – 13 May 2019
This week, blockchain and crypto by big names like Facebook and Microsoft, among other news!
Scale Insights moves to the UK following investment from Nationwide
The Canadian firm will use the undisclosed investment to analyse speech patterns.
Why retail banks should not be afraid of collaboration, even with tech giants
Collaboration for incumbents is the only way to catch up with the market and become truly consumer-centric.
FinovateSpring 2019: Best of Show winners unveiled
This year’s Best of Show winners are truly in a class of their own.
Data privacy firm QEDIT expands reach with three new partners
Follows QEDIT’s $10 million Series A investment round.
Credit and payments app Twisto raises €14m
As it tries to expand throughout Central and Eastern Europe.
Banking Technology May 2019 issue out now
Fintech with flourish. It blooms and blossoms.
My top four proactive, disruptive banking process innovations
Four areas where you can make the biggest impact both quickly and in the long run.
What’s driving change and where’s M&A activity in the fintech sector?
A “technological arms race” to digitise processes and drive efficiencies is on!
To keep bigtech at bay, banks should see fintech as friend, not foe
In the face of mounting competition, financial institutions must go a step further to stand out from the crowd.
First Hawaiian stays with FIS but switches core systems
This comes despite the bank signing in 2015 with FIS’s fellow US heavyweight competitor, Fiserv.
Will KYT drive technology innovation in banking compliance?
The journey towards “know your transaction” has just begun, and the road ahead looks promising.
BCR opens applications for Capability and Innovation Fund Pool C
Four £10 million grants are on offer.
Indio Technologies brings digital to insurance with $20m funding
The company has raised over $30 million in total.
Digital Assets Data to enhance crypto data insights with $6m funding
The firm targets crypto hedge funds, family offices, asset management research firms
Insurtech and the future of financial modelling
The trio of financial, actuarial and management reporting: technology revolution or evolution?
Seacoast chooses Talend’s data quality and compliance solution
Talend Data Fabric has streamlined review processes.
Citi launches NextGen AI compliance project
In partnership with EY and SAS.
AI and ML empower advisors by predicting their clients’ economic behaviour
The advisor’s role goes beyond managing money; it has shifted to managing lives.
Fractal Labs wins Deloitte’s first fintech portfolio investment
The company is based in Deloitte’s London fintech lab.
Mosaic Smart Data enhances analytics game with $9m funding
Its machine learning (ML) models identify and alert the user to opportunities and threats.
FIS links up with Visa
A new tool for the FIS clients to process high-value corporate, cross-border payments.
All tests are not created equal: choosing the right psychometric-based credit tool
Helping to navigate through the various vendors and products available in the alternative credit scoring space.
Seven fintech firms join forces with Nationwide to address financial capability issues
EXCLUSIVE. Nationwide talks about its Open Banking for Good initiative and the selection of fintech partners.
First real-time payments launched in Saudi Arabia
Vocalink partners with Saudi Payments for market-first development.
Equifax acquires PayNet to boost SME credit access
PayNet CEO says deal will support “Main Street American business”.
TD Bank moves to Microsoft Azure cloud
The bank has also implemented Office 365 for employees.
Webinar: Customer consent in an open banking world
Learn how educate and empower your customers and gain their informed consent.
TrueLayer joins with ANNA to offer open banking to SMEs
ANNA hopes to launch further new features in the future.
SoftBank invests €900m in Wirecard for APAC push
Wirecard is struggling amidst fraud investigations.
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