Video: fintech news weekly round-up – 09 May 2019
This week, Mastercard, Facebook and many more!
Banking
Australian challenger 86 400 seeks more funding
Funding is needed to grow, the bank says.
NatWest becomes first UK partner for open banking platform Tink
Swedish fintech will add personalisation to the bank’s mobile banking.
Open Banking: much ado about a brave new world
The intent is revolutionary. The path is non linear.
Nivo’s platform receives £2m funding to connect customers
The Manchester-based firm specialises on instant messaging and identity verification.
Fenergo supports Bahrain’s blockchain-based KYC
It will support retail and corporate banking, with other sectors in the future.
Royal Banks of Missouri adopts POPi/o video banking
Community bank is an early adopter of collaborative video banking.
JP Morgan picks Bora to automate SUA B2B payments
Bora to provide advanced payment processing technology.
Hughes FCU picks Fiserv to go digital
It will also allow it to quickly implement new capabilities.
It’s time to disrupt “disrupt”
Fintech as an industry has a problem with language: namely, we don’t have one.
Supplement: FinovateSpring 2019
Read our free FinovateSpring Supplement, packed with fintech goodness!
Banking Technology May 2019 issue out now
Fintech with flourish. It blooms and blossoms.
Deutsche Bank selects Red Hat’s cloud tech
It will support the bank’s Fabric digital platform.
Mastercard acquires Transactis to boost Bill Pay Exchange
Transactis makes digital payment services available to small businesses.
Plum hits $4.5m new funding with 433% user growth in a year
The firm has reached 400,000 users.
Three Canadian credit unions take Fiserv DNA
These are Carpathia Credit Union, Estonian Credit Union and Parama Credit Union.
Sumitomo Mitsui Trust Bank takes Acumen to reside with Flexcube
Acumen is a common treasury solution alongside Oracle FSS’s Flexcube.
To keep bigtech at bay, banks should see fintech as friend, not foe
In the face of mounting competition, financial institutions must go a step further to stand out from the crowd.
First Hawaiian stays with FIS but switches core systems
This comes despite the bank signing in 2015 with FIS’s fellow US heavyweight competitor, Fiserv.
The world of payments is well and truly open
Open banking and real-time payments are turning the traditional retail banking model on its head. Are you ready?
Pacific National to launch digital bank on Nymbus Banking-as-a-Service platform SmartLaunch
The bank hopes to be able to launch within 90 days.
JP Morgan and Microsoft join forces for enterprise blockchain push
Quorum to be made available through Azure Blockchain Service.
BCR opens applications for Capability and Innovation Fund Pool C
Four £10 million grants are on offer.
CBANC acquires Lendwell
Terms of the transaction were not disclosed.
Fiserv’s AML solution wins new clients in UAE and Iceland
AML Risk Manager chosen to streamline processes.
Top fintech stories this week – 3 May 2019
May issue is out!
Blockchain-based ID verification system goes live in Canada
SecureKey’s Verified.Me is backed by several major financial institutions.
Broadridge acquires Rockall for securities lending
Financial details were not disclosed.
UK challenger bank Dozens gets £3.8m crowdfunding
Dozens had already raised $8 million prior to this round.
Ethical bank Triodos prepares for Brexit
The Dutch bank has turned its UK operation into a wholly-owned subsidiary.
Nationwide invests in new payment request service Ordo
The direct payment app launches later this year.
You can’t always get what you want: digital misconceptions and alpacas
But if you try sometimes, you find, you get what you need. And need is bigger than want.
Iress gains MSO deal from Principality Building Society
The Society was looking for new technology for its mortgages.
Is there a role for the branch in the digital world?
What will happen to bank branches as consumers increasingly go digital?
Video: fintech news weekly round-up – 30 April 2019
SoftBank invests in Wirecard, Tencent in Argentinian Uala, and other Visa news.
HSBC selects CGI for new trade tech platform
The bank wants to enable the use of innovative technologies.
Ixaris partners with Banking Circle on cross-border payments
The partnership aims to support the travel industry.
Seacoast chooses Talend’s data quality and compliance solution
Talend Data Fabric has streamlined review processes.
Citi launches NextGen AI compliance project
In partnership with EY and SAS.
RBC adds budgeting tool to mobile app
It tracks and budgets expenses in five areas.
