Wealthtech Jacobi raised $7.5m for EU expansion
The Australian firm recently partnered with JANA Investment Advisers.
Banking
Norway’s SpareBank 1 picks Nets for Open Banking
The 14 savings banks in the group are preparing for PSD2.
BTG Pactual and Dalma Capital adopt Tezos for STOs
The Latin American investment bank launched ReitBZ STO earlier this year.
ABN AMRO launches mobile wealth management app
Kendu’s core banking is managed by Sopra Banking Software.
Iwoca launches real-time business loan decisions
The industry-first is an integration with Funding Xchange and Funding Options.
SIA opens new payment cards centre in Verona
The facility can personalise more than 10 million cards per year.
Top fintech stories this week – 05 July 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
RBI to build blockchain-based banking platform
The technology would be for banking officials’ use only.
Aspiring challenger Kyash raises $14m
The fintech wants to become Japan’s first challenger bank.
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.
The Amazon-ification of banking
So, what can banks learn from Amazon? In a nutshell it should have these key features.
Hundreds of German fintech start-ups gone bust since 2017
The average age of the fintechs that failed was four years old.
Monese and PayPal partner to enhance its mobile features
It follows PayPal’s investment in Monese’s Series B.
Cobalt Credit Union adopts video banking with POPi/o
The two-way technology offers a virtual branch experience.
ICICI and IndoStar partner to finance commercial vehicles
The arrangement will target underserved small and medium fleet owners.
Australian FIs team up for Lygon blockchain pilot
The platform will seek to modernise the management of bank guarantees.
Caffeine and angry bankers: the comfort of bad behaviour
A radically different way of establishing authority, managing organisations and measuring success is needed.
AIFC and Fidor Solutions to boost fintechs in Kazakhstan
The MoU will also promote innovation in Central Asia.
FairFX rebrands as Equals
The foreign exchange company will now serve businesses and consumers.
UnionPay expands into Italy with Banca Sella deal
Greater acceptance will help merchants meet the needs of Chinese tourists.
Troubled Fidor Bank to shut down in the UK
Fidor Bank UK has announced it is withdrawing its services and products from 15th September.
Avaloq buys Swiss structured products firm Derivative Partners
The acquired niche company provides market information and tools for clients in Switzerland and the rest of Europe.
Banque Française Mutualiste selects SAB AT as its new core banking system
The system will operate in a multi-entity mode, with SAB supporting the hosting, operation and maintenance.
Webinar: how to close the trust gap in retail banking
Register for the latest Finovate webinar exploring the importance of CX to your banking strategy.
Instarem seeks banking licence in Singapore
The fintech is looking for a partner bank to do so.
Crédit Agricole trials biometric payment cards
The six-month pilot project tests fingerprint authorisation.
EBRD partners with Swedbank to boost Lithuanian start-ups
The new innovation hub will focus on fintechs.
Bank for International Settlements builds innovation hubs
Starting in Switzerland, Hong Kong, and soon in Singapore.
JP Morgan to take stake in 10x Future Technologies
10x Technologies’ boss is Anthony Jenkins, formerly Barclays head.
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.
Manulife Bank deploys Kasisto’s AI chatbot
Talk with a robot for all your banking needs.
ICC 2019, Moscow: an interview with Dmitry Samartsev
Bi.Zone’s CEO talks about the interactions between governments and companies around cybersecurity.
Top fintech stories this week – 28 June 2019
The very best fintech news this week!
New mobile account in India Wizely gears for launch
New mobile account in India Wizely gears for launch
BBVA creates AI Factory to drive data innovation
The team will work on both customer and internal solutions.
Monzo hits £2bn valuation
The latest funding round raised £113 million.
The curse of collective Alzheimer’s: dispatches from industry conferences
An industry asking itself the same questions for ten years despite having the answers is an ailing one.
