Apple announces digital credit card
To launch in summer, supported by Goldman Sachs.
eToro buys blockchain company Firmo
This is eToro’s first acquisition.
New York Fed launches fintech advisory group
To help the bank assess potential market impact.
Why open banking is going to be so exciting for payments
The fundamental changes in the payment model will benefit both the payer and the payee.
Wealth managers can adapt to digital assets and thrive
There are 2,000+ digital assets worth over $200bn, and a wide variety of digital investments on offer.
Video: fintech news weekly round-up – 25 March 2019
FIS acquires Worldpay, PSD2, Tandem, and other news!
Nelito gains Myanmar microfinance win
Alliance for Microfinance in Myanmar has taken Nelito’s FinCraft core system plus the mobile and lending tech.
One Finance gets bigger with Amplify acquisition
The details of the deal remain undisclosed.
Objectway unveils new chatbot for wealth management
AI offers a new service model for the financial sector.
DNB taps on the Nordic API Gateway for account aggregation
The app will allow customers to manage all accounts.
Natwest business customers at risk due to security software
The bug is now fixed.
HSBC to offer BlackRock’s Aladdin software to wealthy customers worldwide
BlackRock also announces acquisition of eFront
Honeybook raises $28m to help freelancers
An app targeting freelancers and solo entrepeneurs.
Pakistan’s first microfinance bank moves over to Temenos T24
Originally selected in early 2017.
White paper: How artificial intelligence can improve the bottom line in FS
What challenges is the financial sector facing and how can firms thrive in an increasingly competitive landscape?
Streamdata.io acquired by Axway
The France-based start-up sold for an undisclosed amount.
Project BankNorth partners with nCino ahead of 2020 launch
The bank will use nCino’s Bank Operating System for customer experience.
Can COO perform the CFO role using “intelligent automation”?
The introduction of intelligent automation will compel the profession to become more creative.
Capdesk raises £1.5m to aid in employee share plans
As firms compensate staff with the own firm’s shares, liquidity is not as easy as it seems.
Russian lawmakers give green light to alternative Swift system
Russia has discussed joint use of the system with China, India, Iran and Turkey.
UBS bank fined £28m by FCA for misreporting transactions
This comes on the back of a series of penalties in the past few months.
Network International to float on London Stock Exchange
The IPO will make at least 25% of its issued share capital on the LSE.
Sova Capital picks Iress for wealth management middle-office
Iress will also provide post-trade processing services.
Envestnet | Yodlee to acquire PIEtech for $500m
This would be the tenth acquisition for the Chicago-based company.
SIA sets out three-year strategic plan for Europe expansion
2018’s net-profits were €79.5 million, down 0.7% from 2017.
Bank of the West shifts to hosted for Systematics core
The bank is a long-standing user of the mainframe-based core system.
Top fintech stories this week – 22 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Building bridges and exchanging money
How Moneycorp and Futurice juggled different geographies when designing a modern platform.
Banking industry thwarted £1.66bn of fraud in 2018
But £1.2bn was stolen during the same period.
Four digital and traditional trends in banking in 2019
Don’t discount something because it doesn’t fall strictly into our pro-technology bubble.
Wolters Kluwer gets new credit union win in Florida
Grow Financial Credit Union is implementing lending and compliance solutions in 26 branches.
Six Spanish banks sign up for gpi cross-border payments
Adoption of gpi has seen a year-on-year increase of 270%.
New cash flow platform Avrium hits the UK market
Aiming to help SMEs mitigate cash flow risk.
Prepaid Technologies acquires Dash purchasing card portfolio
The deal more than doubles the firm’s expense management business.
Instarem partners with First Data to enable card issuance
It will begin with corporates and fintechs in Singapore.
Pay.UK eases access to payment schemes for PSPs
With the introduction of the second phase of a new access model.
eCurrency Mint ups security with nCipher nShield HSMs
To provided secure digital fiat currencies to central bank.
White paper: Beyond Banking – what traditional banks and neobanks can learn from each other
What traditional players and challengers can teach each other, and how to beat bigtechs in the digital banking race.
Challenger banks country by country: who’s who (and what’s their tech)
Comprehensive and free guides for UK, Spain, Germany, France, US, Canada, South Africa, Australia, India and Hong Kong.
The subtle art of holding yourself accountable vol 2: running away with the circus
Temptation to depart from all that holds you hostage, that mutes your melodies and dulls your colours.
