Enterprise cloud platform Liveoak closes $8m Series A round
The investment will fund product development and global expansion.
homepage-featured-4
ING joins project to create blockchain-based USC
The utility settlement coin will reduce exchange rate risks.
Prepaid payments firm InComm acquires Hallmark Business Connections
Hallmark Business Connections provides employee incentive programmes.
MSB chooses SunTec to deliver customer-centric services
Aims to elevate customer engagement and personalisation.
FCA introduces new rules for P2P platforms
P2P platforms must implement changes by 9 December 2019, but the application of MCOB is immediate.
Tink secures strategic investment from PayPal
The investment from PayPal adds $11.2 million to Tink’s capital.
Mastercard unveils new Open Banking Solutions
Several partners in the UK and Poland intend to activate the suite.
BBVA selects NetApp as a strategic partner
BBVA will make NetApp a priority technological partner to become a more flexible and scalable digital bank.
ACI invests in Mindgate to drive real-time payments growth
The paytech is India’s market leader in processing UPI transactions.
Starling partners with paytechs Tribe and PelicanPay
Tribe launched at Money 20/20 Europe with UnionPay International deal.
Swift awarded ESMIG network service provider status
Swift will be supporting its customers through their Target consolidation projects and the migration to ESMIG.
Grasshopper Bank opens for business with digital focus
For its technology, the bank opted for Temenos’ T24 Transact core banking system.
eBay launches cash flow loans with Asto
The app will provide eBay small business customers with a simple cash flow loan when they need it.
Verint Engage 2019: AI, security and genius hacker stories
How changing a phone number can change everything (and cost you millions).
Bank Leumi, CIBC and NAB launch online portal for fintechs
The platform provides a simple and easy process for fintechs to help connect them into the bank.
Mastercard announces next generation fintech accelerator
Accelerate 2.0 includes Global Reach service.
Firms collaborate on new platform ‒ b.yond
Businesses can test propositions with a limited number of cards and wallet accounts
Pacific Life partners with Salesforce for digital transformation
The NextGen CRM program assists the insurer's sales, service and marketing teams.
Strands strikes digital banking deal with Tech Mahindra
The IT services and consulting firm will leverage Strands' AI- and big data-powered tech.
Biometrics tech firm ID R&D receives $5.7m funding
The funds will be used to meet growing demand for face and voice-based verification.
BlueVoyant gets $82.5m funding for cybersecurity analytics
Bringing the total funding to $207.5m.
Top fintech stories this week – 31 May 2019
The first Amadeus event on payments, a new Indonesian payment standard, and more!
Dashlane closes $110m funding for password protection
And appoints new CMO.
Autologyx raises £1m in funding
AI and ML platform aims to accelerate returns for legal and insurance clients
Step and Kard target teen market for banking
Both banking apps have launched their waiting lists.
Groupama overhauls product repository with Appian’s low-code platform
A new lifecycle management application has been deployed.
Purpose extends digital portfolio by acquiring CreditGenie
Toronto-based CreditGenie aims to disrupt point-of-sale financing.
Crowdz raises $5.5m to launch industry-first global invoice exchange
Aims to revolutionise receivables market for SMEs.
Refinitiv acquires AlphaDesk to expand buy-side solutions
Deal adds a cloud-based OMS to Refinitiv’s offering.
River Valley Community FCU becomes first in Arkansas to adopt POPi/o video banking
The credit union has more than 7,200 members.
Betterview expands team with $4.5 million Series A round
Property risk management platform has raised $10 million to date.
Global Payments and TSYS agree mega-merger
The third major payments industry deal so far this year.
New APP scam protection code comes into force
Victims now more likely to get their money back.
Digital investing service Wealthsimple raises $100m
Allianz X led the investment round.
Zero closes $20m Series A to serve 200,000-strong waitlist
Offers a combination of debit and credit card.
Meridian CU first in Canada to take MX Pulse financial wellness tool
If you’re going to bring your new, self-guided financial wellness tool to Canada, you might as well start big.
Top fintech stories this week – 24 May 2019
TransferWise just became even bigger, Nuvei Bidco acquires SafeCharge, and more!
Kyriba is first treasury platform to offer corporates RTP through JP Morgan
Corporate clients of both firms can use the service.
Student digital current account Loot enters administration
The fintech collapsed after a sale to RBS fell through.
Standard Chartered partners with IBM to launch Trade AI Engine
Aims to significantly automate trade document processing.
