Goldman Sachs leads $35m Series B round in data storer Very Good Security
Andreessen Horowitz and Vertex Ventures also participated.
Banking
Irish credit unions finally take on banks with new current account offering
The country has long-awaited the sea change.
Revolut launches in Singapore
Country will be Revolut’s first Asian market and second outside Europe
Société Générale to offload SG Finans leasing business
French banking group puts Nordic wing up for sale.
Core banking challenger Neocova launches in central USA
New firm on the block wants to change how community banks are served.
ING validates transactions without compromising data in “blockchain breakthrough”
Transactions on Corda can now be proofed with complete privacy.
The birth of life stage banking
Finally customers will get help in managing their lifestyle or life stages.
Going the extra mile: forward thinking on customer experience
The latest Finovate eMagazine takes the hottest topic in fintech right now – customer experience – and puts it under the microscope.
A bird’s eye view of cloud and the payments industry
The sky is the limit for cloud and Volante.
Natwest, Nationwide and RBS pull banking apps from Google Play for Samsung S10 users
The S10’s fingerprint feature glitch means it can be unlocked by anyone.
Starling Bank secures £30m with user milestone on horizon
Challenger expects to cross the threshold within a few weeks.
Western Union expands into Asia with Kyodia and Hanpass partnership
The collaborations are live with payout functionality.
B-North aims to bring back brokers to the UK SME market
The fintech is in the process of acquiring its banking licence.
Kleinwort Hambros turns to ERI after cancelled FNZ technology project
Société Générale-owned private bank prepares to move forward on ERI.
UK consumers stick with their banks as switches drop again in 2019
This decrease follows a similar pattern between Q1 and Q2.
Glue42 partners with RocketFin to bring behaviour mining to banks’ regtech suite
Glue42 works with the likes of JP Morgan Chase.
PeerNova raises $31 million in new funding round
Data reconciliation firm plans to build out its flagship platform.
Luge Capital raises $85m to invest in Canada’s start-ups
Investments will range from $150,000 to $2 million.
Trade finance – network to network
Trade finance indeed needs a network to network.
US fintech community dealt blow by federal court as charter is denied
The OCC will be appealing the decision by the US courts.
Crunch launches mobile accounting platform for UK’s self-employed
The cost £5.5 million and four years in development.
US Bank plans thousands of job cuts in staff restructure
Bank is blaming changing customer behaviour for the need to downsize.
Santander to sell Puerto Rico arm to FirstBank in $1.1bn deal
FirstBank will own all 27 bank branches on the island.
Thought Machine to power Standard Chartered’s new Hong Kong bank
Vendor to underpin digital bank’s new products.
How to reduce loan delinquency with a better payment experience
GoCardless found three main reasons why borrowers had missed a repayments.
Making the most of cloud migration – expert advice from Bill Cunningham, Endava (Part 2)
Happy staff, happy customers and a more efficient, forward-looking organisation.
Instabase raises $105m sent to unicorn status
The bank app has raised $132 million since it began in 2015.
Complexity of SME market still eludes banks
Panel at the International SME Business Banking Forum believes banks missing a trick.
Kaleyra and Epiphany launch first open banking hub in Italy
The hub will give banks a space to launch PSD2-compliant products.
Mastercard and Visa battle over Revolut deals
Revolut says 75% of its non-European cards will eventually be Visa branded.
Santander to launch online deposit platform in US
It is said to be a rival to Goldman Sachs’ Marcus offering.
Rise of the machines: when will AI and machine learning change finance?
FinTech Futures is researching the impact of AI on the industry.
CYBG kicks off long-awaited Virgin Money rebrand
CYBG to assimilate all products and services under one name by December 2020.
Evolve Bank & Trust taps i2c for cloud-based core banking, card issuance
Payments processor upgrades its tech with i2c.
Making the most of cloud migration – expert advice from Bill Cunningham, Endava (Part 1)
Data security, system consolidation, getting a net positive from the move, and more!
White paper: Digital transformation in credit for commercial and corporate lending
The question by now is no longer whether to transform, but rather how to transform.
BNP Paribas purchases stake in Allfunds to bolster wealthtech solutions
Bank aims to create market-leading software using Allfunds expertise.
Islamic challenger bank insha launches in Germany
New entrant wants to place the daily life of a Muslim at the centre of its offering.
US challenger bank Denizen shuts down
The expatriate bank failed to reach required scale.
Investor rights lawyers investigate Wirecard securities fraud
Earlier this year, white-collar crime investigators raided Wirecard’s offices in Singapore.
