Visa reveals over 5m payments affected by June outage
Half of which were in the UK.
Banking
NorthOne launches free invoice app
An app for small business owners, entrepreneurs and freelancers.
Brex unveils corporate card for start-ups
It also now has a total of $57 million in funding.
The Fintech Station has now arrived in Montreal
Finance Montreal’s new hub gets support from government of Quebec
Dunedin invests in payments processor GPS’s £44m funding round
UK private equity firm takes stake in Global Processing Services.
Scottish banking start-up Nexves readies for launch
Offers financial platform which operates like a bank account.
Baker Hill brings cloud lending thrills to First Bank
North Carolina-based bank will use online loan application solution.
Finastra acquires banking app provider Malauzai
Deal strengthens its involvement in US retail and business banking sectors.
Contactless conquers cash in UK clash
UK Finance says convenience of debit card payments puts cash in second place.
Fiserv on the money for Dollar’s retail and business banking
Architect to be used as single platform.
Mobile banking app preps for Amaiz-ing UK launch
The website offers a free payment account without expiration date.
CYBG confirms £1.7bn Virgin Money takeover
There could also be around 1,500 job losses.
UK’s Department for International Trade aims to boost fintech investment
The department will set out to attract and connect investors.
Oracle Flexcube core banking system live at Invest Banca
Flexcube has been tailored for the Italian market by local integrator Cabel.
RBC boss predicts CA$3.2bn tech spend in 2018
There is a focus on reducing operational costs through tech investment.
Brazil’s Nubank storms to 1.5m digital account openings
Reaches milestone in six months.
Jyske Bank live account aggregation purrs with Spiir
Built on top of technology provided by Danish fintech firm Spiir.
Visa Canada puts finishing touch on Finn AI’s chatbot banking
“Where is the closest ATM?” or “Please cancel my card”.
Danske is Catalyst for new Belfast fintech hub
New co-working space specifically for start-ups in Northern Ireland.
White paper: Cloud-based credit origination solutions are not all the same
Download your free white paper now!
Top fintech stories this week – 15 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Barclays predictively partners with Simudyne for risk management
UK firm Simudyne is an alumni of the Barclays Accelerator.
Alior Bank, solarisBank, Raisin and Mastercard to unveil European digital bank
Fab four focus on Q4 2018 launch.
Deutsche Bank has crack at paperless with eVault launch
eVault unveiled – a digital repository for exchange of documents.
Avaloq Community Conference 2018: fighting talk for Raiffeisen
Swiss firm speaks out over delayed project for Raiffeisen Group.
AI Summit 2018: no efficiency without data
The quality of data was one of the overarching topics at the London event.
London is the fintech crown jewel, says Wells Fargo
London is where it’s at, according to Bipin Sahni, head of innovation.
PSR calls for feedback on data in payments
UK’s Payment Systems Regulator is listening.
Starling Bank adds gambling blocker to its talent locker
When the fun stops, stop. Or use this new blocker technology.
Halifax unveils mega branch in London
New leviathan is in central London and spread over three floors.
NatWest trials cardless payments for swift shopping
No need to use debit or credit cards.
N26 sets aim on 100 more engineers by 2019
It has opened an office in Barcelona to reach a larger talent pool.
HSBC to invest $15-17bn in new tech
It wants to get back into growth mode.
German banking software provider NDGIT raises $4.7m in funding
The funding round was led by Capnamic Ventures.
Avoka on Springboard for deposit account opening
Offering FIs an off-the-shelf solution that integrates digital KYC, fraud and risk evaluation, and funding.
Banco de Chile loses $10m and 9,000 hard drives in hack
The bank reports it was forced to disconnect every PC and terminal.
SIA feeling TIPS-y with Eurosystem certification
First network service provider to get certification from the Eurosystem.
UK challenger bank Project Imagine preps for launch
A new digital contender with its eyes set on wealth management.
Standard Chartered Hong Kong to apply for virtual banking licence
To grab a share of the digital and financial inclusion markets.
Wells Fargo under fire from USAA over remote deposit capture patent
USAA claims it is the original inventor of the technology.
