Merchants Bank chooses CALMS Compass for floorplan finance
The bank sees 60% growth since introducing self-serve solution.
Banking
Blockchain-focused challenger Bitwala raises €13m
The Berlin-based bank is now looking into expansion.
Banca Popolare di Sondrio adopts InstaPay
“Immediacy is the new standard demanded by users.”
Aspire scores $32.5 million raise
The company graduated from Y Combinator Winter 2018 batch.
The importance of specialised standard software for MAD/MAR compliance
Experience and insights from three years of practical use.
Persado gets five-year deal with JP Morgan Chase
The AI firm generates better marketing copy.
Line, Next and Rakuten receive Taiwan online banking permits
The FSC does not plan on issuing more virtual bank permits.
JP Morgan and OnDeck part ways
While OnDeck pursues a banking charter.
Stackin’ raises $4m for financial advice for millennials
Millennials can now be texted the best way to grow their money.
Rakuten applies for US banking charter
The ABA expressed serious concerns Rakuten gaining a banking charter.
First Data and Bank of America end paytech partnership
Fiserv’s First Data will provide services to its current client merchants until June 2023.
Challenger banks in South Africa: who’s who and what’s their tech
A comprehensive list of South African challenger banks and banking services and the tech they are using.
Volkswagen Bank relies on BearingPoint’s regtech
The bank is also outsourcing its data warehouse supply chain.
Solution brief: Five benefits of open banking
Open banking is more than a one-off API. It’s a complete API strategy. Learn the 5 key benefits.
White paper: The importance of specialised standard software for MAD/MAR compliance
Learn the importance of specialised standard software for MAD/MAR compliance now!
Capital One reveals huge data breach by hacker
More than 100 million customers’ details were compromised in the incident.
Barclays, RBS and other banks face £1bn forex rigging lawsuit
JP Morgan, Citigroup and UBS also named in US-style class action.
FNZ acquires GBST after £150m deal
Its third acquisition in a month.
MeDirect chooses Crealogix for digital investment platform
The platform saw a successful launch in Belgium.
Gay is for life, not just for June
Fintech firms can and must do more.
SME lender B-North welcomes funding
Manchester-based B-North has applied for a banking licence.
StashAway snaps up $12m in Series B funding
Its latest round brings the total funds raised to date to $20.4 million.
Nubank raises a staggering $400m
As it announces plans to expand to Mexico and Argentina.
Is the next fintech unicorn being built by ex-bankers in Poland?
Three Polish ex-bankers are building their own challenger banks in Poland right now, as you’re reading this.
Case study: why a banking service provider migrated to containers
Banking service provider figo builds a containerised infrastructure to meet goals for speed, scalability and security.
Top fintech stories this week – 26 July 2019
Catch up on FinTech Futures’ top five stories this week!
Digital US equities investment product launches in India
DriveWealth has partnered with Vested Finance.
Wematch unveils Euro IRS platform with 10 banks onboard
JP Morgan, RBC, HSBC and Societe Generale are among the initial banks.
Synechron launches new Libor impact analysis software
Its Accelerator uses data science to address the industry benchmarking challenge.
Mbanq backs Arival Bank by acquiring shares
Arival also has its sights set on a Series A round of $10 million later this year
New Zealand bank TSB goes live with Temenos Infinity Digital Onboarding
Included in the short implementation period was an API-based connectivity
Payconiq raises €20m for mobile payments development
The platform already has over 60,000 merchants in Benelux.
Banking Technology Awards 2019 are open for entries
The Early Bird 10% discount deadline is 31 July 219, the awards close for entries on 31 August 2019
Revolut unveils free business accounts
Business plans can be upgraded or downgraded at any time.
Nationwide and ClearBank partner for new business account
The partnership will provide access to real-time payments.
Open Up Challenge 2020 launches £1.5m prize fund
Fintech innovators are encouraged to develop money management tools.
Volt bank chooses FIS for mobile and card payments services
FIS will provide it with processing services for Volt’s credit card and mobile payments.
FIs choose Cloudera for digital transformation
Cloudera enables digital transformation for global financial services institutions.
Lithuania seeks to attract more fintech firms
Thought leaders in Vilnius wish to increase their C-suite intake.
EY inks agreement with Open Banking Nigeria
It will extend services to individuals and businesses across Nigeria.
