Indian payments fintech Cashfree closes $5.5m Series A round
Investment will fund team expansion and distribution of API banking platform.
Banking
Raisin partners with Commerzbank for special fixed-term deposits
The partnership will start with German credit institutions such as Grenke Bank, NIBC Bank and Gefa Bank.
Canadian challenger Mogo merges with Difference Capital
It will give Mogo access to Difference’s technology company portfolio.
Beyond bots: real conversations for a meaningful customer experience
In our rush to digitally transform, it seems we’ve tried to automate the human, rather than humanise technology.
White paper: FICO for fintech – Advanced Analytic Services
Find out how fintechs and challenger banks have put a dent in the financial services universe.
Video: fintech news weekly round-up – 15 April 2019
This week, news about challenger banks!
N26 under German regulator’s microscope
The BaFin has highlighted issues with staffing and communications.
Rapyd and OCBC offer Singapore’s first instant mobile payments solution
Partnership leverages national PayNow transfer service.
Sberbank, Gazprombank and Digital Horizon invest in biometric future
Speech Technology Centre aims to become a global leader.
Australian challenger 86 400 partners with Vow Financial for home loans
As it seeks the regulator’s licence to deliver its own home loans.
TCF 2019: Temenos locks and loads digital banking offerings
“Making banking better” was the overarching message of Temenos Community Forum 2019.
Banking Technology April 2019 issue out now
Fintech spring is here, bringing the world colour.
ClearScore partners with Raisin UK to offer savings accounts
App now provides access to online savings marketplace.
New funding values personal finance app Fintonic at €160m
Follows €19m investment round led by ING Ventures.
Top fintech stories this week – 12 March 2019
Teradata’s event coverage, Sopra Steria acquired SAB, and other news.
Swift takes step towards ESMIG Network Service Provider status
Swift seeks to be selected as a provider for the Eurosystem Single Market Infrastructure Gateway (ESMIG).
Teradata Universe Madrid 2019: Teradata agrees that less is more
“Don’t invest in analytics!”, and in my mind, the crowd cheered.
Sopra Steria acquires France-based core system vendor SAB
SAB’s SAB AT will be added to the acquisitive French company’s existing range of acquired core offerings.
Bnext launches travel insurance
The Spanish challenger is already expanding its product portfolio.
New funding set to make Monzo second-largest UK fintech start-up
£1.9bn valuation will see the challenger bank leapfrog rival Revolut.
Standard Chartered fined $1.1bn for bad AML and sanctions breach
Both US and UK regulators have imposed large penalties.
When getting bad news is your way of knowing you are doing something right
I have been both a witness to and a participant in a conversation about something going wrong.
2gether’s prepaid crypto Visa card launches across eurozone
Follows successful beta launch in Spain.
Integral delivers mobile trading app for Arab Bank in Switzerland
Integral’s solutions are used by banks, brokers and asset managers in the foreign exchange market.
EvoNexus launches incubator backed by RBC and Franklin Templeton
It will launch in May 2019 in San Diego.
New petition calls out big banks for stifling competition
The petition was started by the director of data analytics firm LendingMetrics.
PayTech Awards 2019: meet the judges!
Deadline to enter the Awards is Friday, 12 April!
Standard Chartered gets its head in the open banking game
This means the launch of three initiatives to incentivise partnerships and innovation.
PFS bags Irish licence for Brexit contingency plan
This follows the acquisition of Barclays’ prepaid business.
Upstart raises $50m investment and lands new bank contracts
AI lending platform wants to expand its applications.
SocGen’s trading woes amount to 1,600 staff cuts
CEO has left and trading is in a slump.
Banco BASE chooses Volante to deliver modern payments platform
Serving corporations and medium-sized businesses in Mexico.
Varo Money gets NICE AML tech
AML and KYC for all mobile needs.
Video: fintech news weekly round-up – 8 April 2019
Africa Fintech association, City watchdog’s orders, and a new blockchain alliance!
Partnership between Starling and FreeAgent takes flight
Aims to cut time spent on small business admin tasks.
Emirates NBD launches WhatsApp banking
The bank will expand the range of functions customers can use.
Hellenic Bank modernises payments with Fiserv
The Dovetail Payments Platform will help with customer personalisation.
Envel bank launches “driverless” money management tech
Personal finance, taken to the next level.
How to ensure your financial institution doesn’t survive past 2030
Free up your staff to work for more forward-looking organisations!
PASPX in tech overhaul with Temenos
PASPX was founded in 2008 and holds an e-money licence.
