JP Morgan Chase invests in accounting software platform FreshBooks
A JPMC representative will be joining FreshBooks’ board.
Business-to-Business/B2B
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
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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.
New Zealand bank TSB goes live with Temenos Infinity Digital Onboarding
Included in the short implementation period was an API-based connectivity
Payconiq raises €20m for mobile payments development
The platform already has over 60,000 merchants in Benelux.
Revolut unveils free business accounts
Business plans can be upgraded or downgraded at any time.
Hokodo awarded €2m by Horizon 2020
Only around 7.5% of the SMEs who enter are successful.
New challenger revverbank picks Fusion for core banking capabilities
The proposition will be underpinned by Microsoft’s Azure platform.
Capital on Tap partners with Marqeta
It has provided nearly £1 billion in funding to more than 60,000 small businesses in the UK.
PayMate raises series D to accelerate growth
The Indian B2B paytech raises money for domestic and international growth.
Post Office partners Western Union for digital international payments
Western Union’s business platform is part of the deal.
The Win 10 Rush: How financial institutions can beat the clock to upgrade their PCs
Kevin Flaherty, CEO at BLM Tech reveals the key to carrying off large-scale IT projects.
Kaleyra and Epiphany join forces on open banking
It enables the two to jointly support banks with PSD2 compliance.
Uber-izing banks
The secret is not just about being frictionless and digital.
Lloyds Bank picks Optal for smooth B2B payments
The bank’s commercial clients will be able to pay suppliers more easily.
White paper: The architect’s guide to digital core banking in the cloud
Download the Five Degrees white paper now
Advent acquires revenue management firm TSG
TSG provides business management software and integrated payments.
Accelerate Business Transformation in the FinServ industry with Process Mining
Sponsored: The process mining pioneer helps leading financials to leverage data in their IT systems.
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
White paper: How to scale a fintech
Download the GoCardless white paper now
Sensibill raises $31.5m for AI-driven banking solution
The Toronto firm targets freelancers and entrepreneurs.
An after after-dark round-up
FinTech Futures unravels the hot topics covered at 11:FS’ live podcast.
Amazon brings money management to Prime for businesses in the UK
It also offers tailored advice when buying.
JP Morgan and StatPro form strategic alliance
The five-year partnership will develop risk and performance attribution capabilities.
Top fintech stories this week – 21 June 2019
From JP Morgan’s secret UK digital bank project to MoneyGram and Ripple’s partnership.
Artesian introduces customers to ARCH
The tool has been in development for two years.
Celero acquires Elmhurst and Tandem
The acquisitions add distribution and tech-focused organisations to its financial institution partners and merchants.
Growth Street receives £10m funding round
Funds will be used to transform the business overdraft.
National Bank of Pakistan turns to Autosoft for Bahrain operation
Autobanker Premium, the latest version of the supplier’s core banking system, will be at the heart of the project.
Bento unveils Venmo-style digital payment solution for SMEs
Bento Pay will only require the payee’s email address in order to send payments.
DNB extends investment in new 11:FS platform
The Norwegian financial services group will also implement 11:FS Foundry.
Immedis secures €25m for payroll and tax tech
The Irish paytech will create over 200 new jobs in the next 18 months.
