Silvergate Bank files for IPO to grow cryptocurrency services
US-based bank has set a $50 million price target.
Banking
Creating open banking to meet expectations
A change in culture and attitude should be part of a holistic strategy for open banking.
UK challenger bank Monzo seeks £20m funding
It goes crowdfunding with a “much bigger round”.
Russians get bond… on blockchain
Relax… Sberbank, NSD and MTS close deal on commercial bond.
South Africa’s FNB turns to township trade
First National Bank partners with Selpal for new customers.
Elavon elated with bpost payments deal
Gets its “first-ever government services contract in the Benelux market”.
Australian challenger bank Judo gets $350m funding boost
Receives debt facility agreement with Credit Suisse.
Case study: Citi – terms of endearment
A series of initiatives support Citi’s business clients in the quest to do business in real time.
Swift Institute calls for gender diversity in fintech
Issues call for proposals and offers €15,000 grant to deal with issue.
IndusInd Bank buttons up with interactive credit card
Indian bank gets pushy with three payment options on one card.
PSR pushes for payee confirmation paradise
UK’s Payment Systems Regulator wants your views for a fair CoP.
Beijing plots to make fintech grand thing
The capital reveals its tech development plan up to 2022.
AIB opens up to APIs
Irish bank introduces AIB Developer Portal.
Swift’s gpi bags first bank win in Bulgaria
Central Cooperative Bank to implement the global payments innovation service.
Top fintech stories this week – 23 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
How open will your bank become?
Open banking means different things to different CEOs.
Nordea and Finnish friends to digitalise share trading on blockchain
Joined by Asiakastieto, OP, Privanet and Tieto for a feisty fintech force.
Danske Bank isn’t messing around with Tech Stars competition
Bank teams with Women in Business for Belfast-based fintech innovation.
Romanian FintechOS gets €600,000 as it lines up €5m Series A
Digital banking platform has raised €1.6m so far.
UK challenger bank Monzo to launch business current account
Will apply for funding from Alternative Remedies Package to make this happen.
SBI Ripple Asia leads payment fraud fight in Japan
Proof of concept will run on the Corda network.
White paper: Opportunity knocks – the future of Open Banking
Essential reading for banks, building societies, fintechs, payment service providers and others.
IBM and BearingPoint bopping with regtech BPO offering
Duo targets SME market with business process outsourcing.
Avoid your auntie Mabel: career tips for optimists, curious cats and rebels
Play something that you care to win with people who are playing the same game.
BCS Global Markets calls on Calypso Tech
For its ability to transact multiple assets.
DBS switched on for Suzhou start-ups
Bank stays busy via MoU and yearns for playtime at Suzhou Industrial Park.
BBVA and Santander join launch of EU blockchain platform
Get ready for the International Association for Trusted Blockchain Applications.
Capital One makes smart purchase with Wikibuy
US firm acquires again and gets a comparison engine for online shoppers.
No fun for Yes Bank over forced CEO exit
Three board members resign in India.
FICO fuels Banco Original digital launch
The “first Brazilian bank to offer a 100% digital checking account”.
Oz banking royal commission not a mellow brick road
We reach day 62 and it’s been downbeat for the big four banks Down Under.
Deutsche Bank shares plummet over Danske money laundering mess
The bank’s shares have fallen 48% this year.
Swift India all MonetaGo for banking on blockchain
Pilot programme kicks off.
Convoy inspires Tandem Bank’s Hong Kong expansion
Financial services company invests $15m in UK challenger and forms partnership.
Poland’s Braintri merges with iCompass
Looking for international markets.
Finca Impact Finance picks Finastra for IFRS9 needs
Takes no risks in regulatory compliance with Fusion Risk.
FCA moves to cloud with Sopra Steria
A long-standing collaboration just got cloud-ier.
CYBG to lend £400m via Salary Finance
New funding JV in UK unleashes plenty of money for personal loans.
Temenos covets cloud cover with NuoDB investment
Vendor ups cloud and container-native database technologies.
Form3 shows good form with $13m funding
Aimed at expanding beyond the UK.
