HPS pushes on with open banking platform for payments
Moroccan firm takes PowerCARD Connect-Open API beyond pilot phase.
Banking
Bahrain Benefit-s from national payment system
Bahrain’s Electronic Network For Financial Transactions seeks unity.
MUFG and Akamai plan new blockchain payments service
Aim to offer new network from fiscal year 2019.
Nordea’s robo-adviser Nora picks up the pace
You can’t ignore Nora and AI’s advance.
POPin Video Banking and MEA in digital duet
Platform integrated into MEA’s Android and iOS apps.
Fintech funding round-up: 18 May 2018
Stars LendingPoint, Open and The Disruption House.
IBM’s quantum computing crusade calls on Japan
Working with MUFG, Mizuho and more.
UK government releases two new fintech envoys into the wild
Brand new faces in Wales and Northern Ireland.
Infographic: the evolution of international money transfers
From the barter system to Bitcoin.
SMEs and selfies stick for FNB account opening
South African bank unveils selfie authentication… and “businessism”.
UK personal finance app Elifinty preps for launch
For people who see no way out.
BBVA dream team unveils mobile banking platform in Mexico
Launch involved teams from Spain, US and Mexico.
Top fintech stories this week – 18 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Interview: Eric Wilson, Xinja – upbeat Down Under
European challengers, the flaws of the big four, and how his father-in-law inspired him.
Equifax powers HSBC UK’s first live credit application solution
Via open banking it’s using Equifax’s InterConnect platform.
HSBC UK kisses Consents Online’s AISP for banking data
Account information service provider profits from open banking.
DBS jumps on Carousell for mobile payments ride
Invests in classifieds marketplace’s latest fund raising round.
Commerzbank calls on R3 Corda blockchain for trade finance thrust
A boost for trade and supply chain finance services.
Santander and Broadridge debut blockchain for investor voting
JP Morgan and Northern Trust acted as custodian banks.
The name’s bond, MTS placed bonds… on blockchain
Digital service provider in “first transaction of its kind” in Russia.
Centric Bank embarks on core banking tech project with Jack Henry
Moving from Jack Henry’s CIF 20/20 core banking system to Silverlake.
ABN Amro profits from digital revamp
Dutch bank gets net profit of €595 million for Q1 2018.
CBA, Microsoft and KPMG Wiise up to Australian SMEs
Cloud solution designed for payroll and banking.
Danske Bank Spiir-ed into first fintech investment
Hot for Spiir’s budget app.
TD Bank turns to CGI for wealthtech revamp
Canadian bank to use Wealth360 Portfolio Management platform.
African payments firm Cellulant raises $47.5m
Helped by The Rise Fund – marking its debut on the continent.
Mexican banks hit by cyberattacks
Between $15-20m taken from at least five Mexican financial groups.
Cashplus calls on Currencycloud’s special FX for SME payments
Especially designed to help British SMEs do better business abroad.
Deutsche Bank buys Indian start-up Quantiguous Solutions
Wants to accelerate its open banking strategy.
Deutsche Börse and friends unveil fintech acceleration platform
Working with Clearstream, figo and regtech start-up Finologee.
Worldline to acquire SIX Payment Services for €2.3bn
Strengthens its paytech operations in Europe.
OCBC Bank unleashes $20m workforce digital programme
$20 million, three years, and 29,000 employees.
KFH Bahrain launches digital platform Jazeel
“Great” news from Manama.
Morgan Stanley bets on Brazil’s fintech lending boom
Follows the well-heeled footsteps of Goldman Sachs.
Ripple springs Xpring programme for blockchain innovation
Will invest in, incubate, acquire and provide grants to companies and projects.
Capital One buys digital identity start-up Confyrm
“Scrappy little start-up” has made a difference.
Poland is world’s first for banking records on blockchain
Billon and Polish Credit Office team up for innovation and information.
Mitsubishi, MUFG and Standard Chartered in payments pilot over RippleNet
First time for a Japanese company to conduct cross-border payments over RippleNet.
Irish eyes are spying with AIB’s social media prying
O Big Brother, where art thou?
VPBank vavooms with new digital credit card
Vietnamese bank’s consumer finance division offers MPlus+.
