Fintech funding round-up: 18 May 2018
Stars LendingPoint, Open and The Disruption House.
Data & Analytics
Envestnet | Yodlee, Quovo and Morningstar unite on SODA framework
A joint initiative in the US to support secure, open data access for consumers.
Cardlytics inks paytech deal with JP Morgan Chase
Also announces strong Q1 financial results.
Optimove acquires PowerInbox DynamicMail business
Optimove takes a step further in helping brands build an emotional relationship with their customers.
FinovateSpring 2018 Best of Show winners announced
Congratulations to the five companies whose live demonstrations wowed the Finovate crowd!
Credit Karma teams with SpyCloud for dark web data monitoring
Credit Karma expands its identity theft monitoring offering to include data from the dark web.
IBM acquires data tech firm Armanta
Armanta will be integrated into IBM’s Watson Financial Services portfolio.
Quantopian partners with FactSet to launch Quantopian Enterprise
Algorithmic trading platform Quantopian is launching a new service, Quantopian Enterprise, together with FactSet.
SME lender Kabbage to acquire fellow lendtech Orchard
Small business lender Kabbage is rumoured to be acquiring lending platform Orchard Platform Markets.
PayTech Awards 2018: tips on how to write a winning entry
The entry deadline is Friday, 4 May.
Appian unleashes contact centre platform for financial services
An “orchestration of the human and robotic elements of service”.
2018: the year of data, data, data
Three “mega-trends” pointing the way to the future needs of clients and the changes banks must undertake to remain relevant.
Sella Open Fintech Platform to buy Vipera for $34m
Mobile financial services company Vipera to be acquired by Sella Open Fintech Platform (SOFP).
Yukka Lab launches market sentiment analysis solution, News & Trend Lab
An organised and efficient way to view and manage financial news in real-time.
Phew, PayTech Awards entry deadline extended!
The final chance to enter is Friday, 4 May 2018.
Equiniti Riskfactor gains foothold in Canada
Equiniti Riskfactor has gained its first client in Canada – Baron Finance.
Data analytics firm Ephesoft moves into mortgage tech
Document capture and data analytics firm Ephesoft unveils Ephesoft Transact for Mortgage.
Quovo launches new solutions for loan originators and servicers
Helping lenders improve key processes in the lending value chain.
PayTech Awards 2018: The Paytech for Good Award
Honouring organisations for outstanding social impact.
BeSmartee integrates with FormFree’s AccountChek asset verification service
Will give lenders clearer picture of borrower’s likelihood to pay back loan.
European Payments Summit 2018: the future is nearer than you think
Discussing incredibly futuristic subjects at EPS 2018.
GoodData ventures into insurtech
BI firm GoodData has expanded into the insurance industry to simplify claims and underwriting.
YapStone touches Couchbase for payments platform propulsion
Looking for inspiration with a cloud-native data sensation.
Analytics firm MapD shoots for the cloud
San Francisco-based company unveils MapD Cloud.
Five ways AI is disrupting financial services
Whether you realise it or not, artificial intelligence (AI) is taking over the world.
$500m secondary investment boosts Credit Karma’s valuation to $4bn
San Francisco-based Credit Karma has received a $500 million boost from Silver Lake.
NICE Actimize brings AI tech to financial crime investigation
NICE Actimize has launched an artificial intelligence (AI) enabled investigation management system.
Jamaican FI in social media analytics project with Neener Analytics
Neener Analytics is showing a Jamaican payday lender how its social media analytics can help boost KPIs.
Mastercard and IBM join forces for new “data trust”, Truata
Truata is an independent trust to enable companies conduct analytics while complying with GDPR.
Fintech funding round-up: 15 March 2018
Featuring Mosaic Smart Data and YellowDog.
GreenKey teams with IPC to develop AI-based speech recognition solution
Will convert real-time voice into useable data for financial market participants.
Glossary: what’s what in fintech
What’s what in fintech? Here is a glossary of the most commonly used terms.
Cardlytics first fintech firm to go public in 2018
Data driven marketing tech firm Cardlytics is now listed on Nasdaq.
Trunomi closes $3.5m round from CloudScale Capital
Consumer consent and data rights company collects some cash.
Blackstone buys Thomson Reuters’ financial business for $17bn
Gets data business, risk and compliance solutions and wealth management software.
Wipro takes minority stake in Harte Hanks
Wipro is acquiring a $9.9 million minority stake in omnichannel marketing services firm Harte Hanks.
Security is NOT a priority – especially in Japan
New research from Gemalto indicates many PR gimmicks and posturing are empty promises.
AI is on!
Implementation of first uses cases around real-time contextual added-value banking notifications and offers to make their appearance in 2018.
What were we Googling in 2017?
The biggest of fads of 2017, according to Google.
