Currencycloud raises around £32m
Investors in the first part of the Series E round have not been disclosed.
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Sensibill raises $31.5m for AI-driven banking solution
The Toronto firm targets freelancers and entrepreneurs.
NCR acquires D3 Technology
It can now provide on-premise solutions built for the needs of LFIs.
Silicon Valley Bank lends $300m to innovative Irish companies
It will bring the total amount brought to the Irish market to $500m by 2024.
Cobalt Credit Union adopts video banking with POPi/o
The two-way technology offers a virtual branch experience.
Former Equifax CIO jailed for insider trading
Jun Ying sold his shares before a data breach was made public.
FairFX rebrands as Equals
The foreign exchange company will now serve businesses and consumers.
Banking tech heavyweight Jack Henry acquires PFM firm Geezeo
The two companies say they’ve been “strong business partners” for years.
Covenant Capital signs up on Profidata’s e-AMIS
The wealth manager will be able to follow better independent tailored advice.
ConnexPay raises $7m Series A round
The travel payment start-up will use the funds to continue developing its tech.
Bank for International Settlements builds innovation hubs
Starting in Switzerland, Hong Kong, and soon in Singapore.
Visa acquires chargebacks tech firm Verifi
To combine Visa’s anti-fraud tech with Verifi’s solutions.
Citi and Vasakronan execute first MTN on Origin
The pair successfully raised AU$30 million using the debt origination platform.
DXC and Zafin form core systems partnership
This aims to bring product and pricing control solutions to Hogan and Celeriti users.
Manulife Bank deploys Kasisto’s AI chatbot
Talk with a robot for all your banking needs.
Suncorp welcomes its digital incubator winners Eggy and Paypa Plane
The first program will see the fintechs ideas come to life.
Top fintech stories this week – 28 June 2019
The very best fintech news this week!
Anti-fraud firm Bleckwen kicks it off with $10m funding
A great way to come out of stealth.
Visa expands token and ticketing services with Rambus’ portfolio
Visa will develop its tokenisation services to support commerce.
Pineapple Payments acquires CardChamps portfolio
Both firms are based in Pittsburgh, Pennsylvania.
AI imaging platform Ocrolus closes $24m funding round
The document analysis solution combines machine processes with human intelligence.
New blockchain tech firm Atlas City Global lands $4m investment
Catalyst Network is “open source, fast, light, secure, scalable” and accessible to .Net developers.
Blend raises $130m for digital loans
The lendtech has also welcomed new execs.
MX raises $100m for data tech boost
Funds will be used to focus on clean data.
Arival takes step closer to US banking licence
The fintech has launched a $3 million crowdfunding campaign.
Metro Bank selects Artesian’s KYC solution
Data-driven automation of KYC and risk, aims to improve onboarding processes.
Video: fintech news weekly round-up – 24 June 2019
Facebook’s new crypto is here!
Finicity and LendingQB partner to accelerate mortgage process
The solution helps lenders spot underwriting factors that can make the process faster.
Thomson Reuters to acquire Confirmation
It will expand core tax, accounting, and audit solutions.
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.
Current’s new adult bank account sees strong growth
The challenger banking service started as a prepaid teen card.
Denver and Latin America form digital finance collaboration
Peru and El Salvador cooperatives join forces with US credit unions.
Celero acquires Elmhurst and Tandem
The acquisitions add distribution and tech-focused organisations to its financial institution partners and merchants.
Xero and Stripe team up to help small businesses get paid faster
A champion move to help small businesses (SMBs) get paid faster and give them more options on how they get paid.
Berkshire Bank commits to RTP with Global PayPlus selection
Massachusetts-based Berkshire Bank has chosen Finastra’s Fundtech-derived Global PayPlus for connectivity.
Dave Banking launches checking account
The new US challenger bank offers interest-free advance and opportunity to build credit.
Refinitiv invests in BattleFin
BattleFin’s Ensemble marketplace will be integrated with Refinitiv’s desktop, Eikon.
Token lands $16.5m funding round
It will use the funds to build on its TokenOS open banking platform.
