HyTrust’s DataGravity acquisition bears fruit for cloud security
Introduces software appliance that secures confidential data in the cloud.
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Bahrain Middle East Bank chooses Wolters Kluwer’s OneSumX for Finance
Will provide the basis for its core banking and reporting system.
Fintech funding round-up: 19 December 2017
Features Softbank, Lemonade, Amazon, Capital Float and Delio.
Monimove unveils corporate supply chain finance platform
UK firm seeking to carve itself a slice of the credit management market.
NCR’s banking heaven in back seat of a Cadillac
An easier way to bank face-to-face with a live teller from the comfort of members’ cars.
Fiserv teams with TransUnion for loan origination system
Fiserv will integrate TransUnion’s CreditVision Link to increase precision of scoring and risk modeling.
City of London Group to launch challenger bank
In the process of obtaining a banking licence as it targets commercial, SME, bridging and development finance.
European Payments Council report: 2017 payment threats and fraud trends
An overview of the most important threats in the payments landscape.
TSYS to acquire fellow paytech firm Cayan for $1.05bn
The acquisition is expected to close in Q1 next year.
Bitcoin is useless
The recent surge in its price is good news for investors, but perhaps a death sentence for its functional value.
TransferTo adds digital wallet to payments network via Cellum partnership
Cellum will offer money transfers via TransferTo’s cross-border mobile payments network.
Standard Chartered and Ant Financial buckle up for Belt and Road drive
They target expanding their fintech clout along the “Belt and Road Initiative” route.
EU sets in motion rules to tackle cryptocurrency money laundering
Plans to apply tighter rules to prevent money laundering and terrorism financing on cryptocurrency exchange platforms.
Ex-Barclays boss mulls £10m Tandem investment
Former Barclays boss, Bob Diamond, is in talks to buy a stake in UK-based challenger bank Tandem.
Brazil’s Banpará Bank enters video banking realm
Implements TrueConf’s video conferencing solution into its first branch.
NICE teams with Brightstar India
To support the launch of NICE Uptivity, a workforce optimisation solution for SMBs.
Gemalto wooed by Thales’ massive wallet
Story needs more double entendres.
FCA publishes feedback on distributed ledger technology
The responses on the potential for future development of DLT in the markets it regulates.
Fintech tour Amsterdam: the best of three worlds
A look at Amsterdam’s fintech scene via a one-day tour.
Blockchain consortium Hyperledger loses members
More than 15 members either cut financial support or quit the project over the past few months.
New York dismisses lawsuit against OCC fintech charter
Lawsuit dismissed against the US Comptroller of the Currency (OCC) over charter plans.
UBS seeks global finance and risk tech CTO
UBS is looking for a chief technology officer (CTO) for finance and risk technology.
Symbiont smart contracts to simplify index data sharing for Vanguard
Smart contracts platform Symbiont has teamed up with Centre for Research in Security Prices (CRSP).
Oracle cloud revenue bursts 44%
Oracle reported total cloud revenues up 44% to $1.5 billion for Q2 of its fiscal 2018.
Financeit recapitalisaton gives Goldman Sachs majority stake
Point of sale (POS) financing provider Financeit completed an investment round with existing shareholder Goldman Sachs
Top fintech stories this week – 15 December 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
AI will create 2.3m jobs by 2020 – report
With concerns that AI will make human employment obsolete, research firm Gartner is looking to counter that narrative.
Fortune 500 fuel IBM quantum computing quest
IBM has revealed the first clients to tap into its IBM Q early-access commercial quantum computing systems.
Simility adds PayPal as investor in $17.5m funding round
Risk management firm Simility locks in $17.5 million in new funding, with help from PayPal.
AWS opens second cloud region in China
Amazon Web Services now plans to open its second cloud computing region in China.
Kaspersky names WannaCry “vulnerability of the year”
The baddest boy on the security block.
Huawei teams with Xpress Money for mobile payments in Africa
The duo are targeting Africa’s unbanked population.
Google shows love for AI with new centre in China
Google has unveiled an AI centre in China as it searches out humans with ML talent.
Fintech funding round-up: 13 December 2017
This round-up features Finstar, State Street, FRISS and iZettle.
Nesta reveals ten winners of SME innovation challenge
Nesta names prize winners at the conclusion of stage one of its Open Up Challenge.
Nordea’s open banking goes live in Finland
Nordea has connected APIs to its production system and made its open banking live in Finland.
NAB doubles investment in innovation hub
Will also increase hub’s workforce by 70% in 2018.
IBM hot for bots with asset exchange launch
IBM has unveiled its Bot Asset Exchange – a place for chatbot development.
Infographic: the history of monetary gift giving
‘Tis the season for gift giving, and no gift has a “richer” history than cash.
Gremlin looks to bring “chaos engineering” to cloud masses
US start-up is looking to help enterprises improve cloud applications’ reliability.
