India takes over China for number of fintech deals in Q2
Fintech deals in China fell 81% in Q2.
Business-to-Business/B2B
Australia visits UK to talk future of fintech
Talks centered around the opportunities of open banking in Australia.
Commerzbank and LBBW set a new blockchain milestone
This time they’ve integrated logistics provider, Logwin AG.
Calypso and 2021.AI team up to leverage AI in finance
The partnership will optimise Calypso’s back-office processes.
essDOCS enables first fully integrated paperless iron ore trade
The trade traveled from Australia to China on the Voltron blockchain.
HMRC cracks down on crypto investors
The tax authority has requested customer data from UK exchanges.
Atom Bank, iwoca, Modulr and Currencycloud get £10m BCR grant
Public commitments include new UK job.
Biz2Credit commits $10m to fintech training initiative
Biz2Credit will fund training of 100 of its employees.
Jack Henry core banking solution attracts 57 new users in 2019
A record year for the technology provider.
Indian start-up Scripbox acquires competitor Upwardly
The platforms chose collaboration over competition.
CIBC chooses SEI wealth platform to drive growth
The technology provides an “enhanced, unified solution”.
SoftBank supports start-ups under the radar
The Japanese technology giant invested $5 billion into Latin American “unicorns”.
Plug and Play welcome Abu Dhabi Commercial Bank
ADCB stands at a market capitalisation of AED 58 billion.
B3 and Itiviti join forces for global connectivity
The stock exchange’s members can access the NYFIX portal.
Female founders become Accenture Lab’s new focus
This year Accenture wants to narrow the gender gap in fintech
Enterprise Ireland invests €250k in CreditLogic
The firm uses AI and data analytics to speed up mortgage applications.
Female-led Handdii raises $1.5m led by Scale Investors
Scale Investors focuses on high growth women-led tech companies.
ASB invests in NZ blockchain start-up TradeWindow
It’s one of the first technology companies to receive direct funding from a NZ Bank.
Turn to commercial banks for treasury management innovation
Commercial banks are taking up a starring role.
Monarch creates first recurring crypto payments system
The solution will enable the likes of Netflix and Hulu to accept crypto.
Mortgage Cadence integrates with DataVerify
Mortgage Cadence says the integration streamlines the application authentication process.
Envestnet’s CEO admits lawsuit sets them back
The $100m lawsuit has significantly disrupted “several clients and prospects”.
Sherpa Technologies partners with fintechs to help credit unions
Application open on 15 August.
FinApps slaps $100m lawsuit on Envestnet Yodlee
It claims that the platform ripped off its code to release their own product.
FinMkt closes $5m Series B
It provides highly customisable tech for the online lending industry.
PayPal helps entrepreneurs with MetLife and Village Capital
The alliance will reach out to more than 100 fintech health entrepreneurs.
Top fintech stories this week – 9 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
UK regulations push SVB further towards automation
SVB exec comments on Brexit and the UK’s supportive fintech environment.
Credit unions and Payrailz launch CU Payz
The new fintech partnership is designed to give credit unions ‘next-generation products’.
JP Morgan Chase invests in accounting software platform FreshBooks
A JPMC representative will be joining FreshBooks’ board.
Commerzbank tests blockchain payment solution with Daimler Trucks
Current payment systems require a human to trigger the process.
Mastercard acquires Nets’ real-time payment business
Nets’ Corporate Services business offers a gateway into several European markets
Trov partners with Lloyds and launches white-label insurtech platform
Later this year, Trov and Lloyds Banking Group will release an insurance product on the ‘Powered by Trov’.
Code Investing launches instant decision SME loan portal
The online broker solution is a UK-first for loans up to £5 million.
White paper: The importance of specialised standard software for MAD/MAR compliance
Learn the importance of specialised standard software for MAD/MAR compliance now!
StashAway snaps up $12m in Series B funding
Its latest round brings the total funds raised to date to $20.4 million.
Top fintech stories this week – 26 July 2019
Catch up on FinTech Futures’ top five stories this week!
Wematch unveils Euro IRS platform with 10 banks onboard
JP Morgan, RBC, HSBC and Societe Generale are among the initial banks.
Synechron launches new Libor impact analysis software
Its Accelerator uses data science to address the industry benchmarking challenge.
SquareBook wins FCA approval to offer IPO services
The company hopes to tackle conflicts of interest in the IPO process.
