IBM adds strength to Stronghold’s crypto token launch
Stronghold calls it “first and only” venture-backed USD anchor on Stellar Network.
Banking
Euroclear takes stake in fixed income tech provider Algomi
Algomi focuses on banks, institutional investors, inter-dealer brokers and exchanges.
NatWest and Large Credit Union Coalition join R3’s blockchain club
UK bank and Canadian group provide double delight.
New Zealand Firefighters Credit Union moves to Oracle Flexcube
Flexcube fighting fit with another win in the country.
Bank of Asia finally launches in British Virgin Islands
Digital entity wants to tap into market for offshore companies.
Equifax acquires alternative data provider DataX
DataX brand and employees integrated into Equifax’s Banking and Lending Division.
Sberbank in Slovenia teams with Token for open banking push
Slovenia’s seventh largest bank seeks to move beyond PSD2 compliance.
Singapore goes AI: training, incentives and regulation
Banks in Singapore take the lead on artificial intelligence (AI) training.
Myanmar’s Shwe Bank ups mobile offer with JMR Infotech
The firm will help the bank get the most out of its Oracle Flexcube system.
Hungary’s MKB bank takes digital leap with Oracle FSS’ Flexcube
Includes a full replacement of its core banking system.
PayTech Awards 2018: and the winners are…
We are proud to announce the winners and highly commended at this year’s PayTech Awards!
VyStar Credit Union upgrades FIS Miser core system
Florida-based credit union has been FIS client for more than ten years.
Hong Kong banks setting up trade finance blockchain platform
With ambitions of expansion across industries and jurisdictions.
ACH Alert in record growth spurt
Tennessee-based payments fraud prevention doubles its staff in response to record growth.
Nordic banks’ payments infrastructure plan picks up pace
The P27 project intends to launch new piece of financial infrastructure next year.
Santander sets up digital investment unit for blockchain
Led by the director of the bank’s blockchain lab.
Kassir acquisition just the ticket for Tinkoff
Kassir will sell tickets via bank and mobile app.
White paper: Delivering business transformations for fintech companies
Download your FREE white paper now!
UK challenger BankNorth preps for launch
Will target the crowded SME lending market.
Worldpay and Mastercard partner for UK digital payments push
Worldpay will offer Mastercard’s Pay by Bank app from early 2019
Tinkoff and Sberbank share mobile numbers for P2P payments
Available to all customers across Russia by the end of July.
CO-OP Financial Services brings digital power to LA credit union
Becomes fintech energy provider to Water and Power Community Credit Union.
Emma banking app sitting pretty with £450k funding
Round led by Kima Ventures.
Bangladesh Bank heist probe report suffers mother of all delays
25 delays to be precise.
Metro Bank unveils open banking developer portal
Built in collaboration with Google’s Apigee team.
Banking Technology Awards 2018: celebrating people that make things happen!
Taking place on 13 December in London.
Accuity safely acquires Safe Banking Systems
With SBS it gets KYC and AML solutions.
Baker Hill inks lendtech deal with West Texas State Bank
Baker Hill’s tech will be used for commercial and consumer lending processes.
Top fintech stories this week – 13 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Citi meets its payments Smart Match with HighRadius
Will match open invoices to payments received for Citi corporate clients.
Citizens Financial launches digital bank
Divine banking providence – aka Citizens Access – comes to Rhode Island.
Absa’s ChatBanking service now includes WhatsApp
Says it’s first in the world to offer full banking services via the chat app.
Data manager Hazelcast gets new cast of customers
New faces include Lloyds, UBS, and National Australia Bank.
Evry one wins with Handelsbanken’s handy wristband payments
Norwegian bank offers payments from micro bank cards in wristbands.
Chase Bank Kenya endures four-day outage after tech migration
The transition to SMB Holdings’ new platform was most likely the cause.
Bill.com launches international business payments
Available in more than 25 countries.
Meniga to build BPER’s digital banking solution
Italian banking group turns to white-label solution provider.
Turkey launches fintech task force
Wants to make nation a global hub.
Big boy problems: the challenger banks’ challenge
In the disruption era, disintermediation is the big boys’ loss for sure, but not necessarily the disruptors’ gain.
Comdirect bank sells Ebase to FNZ Group for €151m
Fintech buys bank.
