IHS Markit invests and partners with Cobalt
To develop post-trade processing services for FX markets.
Banking
New York regulator fines Standard Chartered $40m for forex rigging
Old gits, a den of thieves and the usual suspects.
New community banks readying for launch in the US
VisionBank, Trustar Bank and Moxy Bank hope to shake things up.
Saudi Arabia and UAE unite for digital currency dream
Saudi Arabian Monetary Authority and UAE’s central bank unveil Aber project.
Swift links up with R3 for trading on blockchain
Their trial will monitor the movement of goods and payments on gpi.
Are too many finance providers conflating trust with technology?
“Trust-free” is actually abstract or faceless trust.
Silver-tongued Argenta launches conversational banking
Belgian bank teams with message mavens Sparkcentral and Smooch to make it happen.
Santander Spain and Raisin in open banking duet
Life is a dream. For banks and fintechs.
First Data joins AIB in €100m bid for Payzone
Duo targeting Dublin-based payments firm.
Feedzai and DataRobot team up to tackle financial crime
“This is how we are democratising AI for our customers.”
Personal finance app Fintify gets FCA approval
Can now operate as a registered account information service provider.
Cross River and Railsbank create transatlantic API action
Banking on both sides of the Atlantic through a single API.
Revolut meets its perfect ClauseMatch
The fintech is upping its regulatory game.
Oxygen gets $2.3m funding for digital banking life
San Francisco-based firm offers free banking services to freelancers.
Revolut locks in on banking and trading licences
CEO unveils his cunning plan to build a global licensing team.
Indian banks unveil blockchain-linked funding for SMEs
The 11 lenders include ICICI, Axis, Yes Bank and Standard Chartered.
Monzo prepares digital receipts with Flux
As the challenger finds fintech partners for its marketplace.
ACI Worldwide to power Hungarian real-time payments
For a total of 17 banks so far.
TrueLayer unveils payments API
UK firm launches it in the name of open banking and PSD2.
Video: fintech news weekly round-up – 28 January 2019
Featuring LatAm, ING, Alipay and Square.
M1 Finance takes on banks with new checking account
Called M1 Spend, it integrates within the US firm’s current app.
Mizuho makes move on Chinese fintech start-ups
Signs MoU with Zhongguancun Development Group for fresh talent.
Wirecard launches API developer portal
Initially designed for issuing solutions, but full scope on the way.
Tencent-backed WeBank eyes Australian expansion
Chinese digital bank is applying for trademarks Down Under.
First Direct unleashes social media payments
Today is fdpay day as peer to peer payments are on the way.
Dutch start-up Bankingblocks out of the blocks
Wholesale banking provider launches across Europe.
Spanish neobank Bnc10 readies for launch
It’s already made its waiting list available.
South Korean crypto exchanges unleash AML initiative
Bithumb, Coinone, Korbit, and Upbit wake up to the threats.
DBS chief innovation officer Neal Cross leaves for fintech start-up
Calls time on five lively years and moves to PictureWealth.
Facebook to integrate Instagram, Messenger and WhatsApp
Company says it is at the start of a “long process”.
ATB Financial looks on Brightside with new challenger bank
Always look on the Brightside of life.
Finxact secures $30m funding for core banking action
New investors include American Bankers Association and Accenture.
Absa AI automates account switching in South Africa
Bank’s CIO Jacques Barkhuizen calls it a “world first”.
Lendtech Pepper Money looks for UK banking licence
Its ambitions are nothing to be sneezed at.
SME lender Iwoca gets $7.5m investment from Augmentum
As part of a larger investment round.
Webinar: The ROI of AI – Converting conversational AI into revenue for banks
Learn how to increase customer lifetime value, customer retention and reduce costs
Top fintech stories this week – 25 January 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Cognizant acquires Finnish IT firm Samlink
Will also build and operate a shared core banking platform for three companies.
Fintech Agora fires up for small American FIs
Start-up offers a digital leap without a core banking revamp.
Gamblers win with Experian affordability check
Can your customers afford to gamble?
