Video: Top fintech stories this week – 22 November 2019
FinTech Future’s weekly news round-up.
Data & Analytics
Money20/20 USA: How Tangerine champions personalised digital banking with Meniga’s tech
From proof-of-concept to market launch, results, and lessons learnt.
Machine learning vs human experience in invoice finance
Be wary of a lender with no human face as there’s always the odd unforeseen complication.
Swedish neobank Northmill appoints new chief analytics officer from Swedbank
Georges Mansourati spent eleven years at Swedbank.
Decisioning platform Funding Xchange raises £8m
Former dairy farmer Katrin Herrling set up the company after the financial crisis.
CSConnect UK 2019: Round-up of key cybersecurity trends
The conference brought together chief information security officers (CISOs).
Video: Top fintech stories this week – 15 November 2019
FinTech Future’s weekly news round-up.
Irish start-up Siren gets $10m Series A
It’s paired with Siren’s new board member, Bob Griffin.
AI savings assistant Plum raises $3 million and launches Android app
This is in addition to its $4.5 million raised this summer.
CSConnect UK 2019: Security awareness never really works, says Mastercard’s Vocalink CSO
Mastercard CSO thinks behaviour is the real issue when it comes to security.
Google sets its eyes on banking next year
The tech giant allegedly doesn’t intend to sell customers’ data.
Former FCA exec says banking tech could lead to discrimination
Diverse hiring practices would help address discrimination by financial technologies.
Standard Chartered taps Quantexa to boost AML controls
Dynamic entity resolution and network analytics to be implemented at the bank.
Canada’s Stradigi AI closes $40.3m in Series A funding round
The AI firm wants to expand further into the North American market.
Open Banking Expo 2019: Innovation by regulation is a “flawed idea”
Panel believes that banks and partners can be trusted to innovate without deadlines.
HSBC and RBS race to launch new digital banking platforms
HSBC Kinetic is in beta testing, RBS’ neobank Bó is to launch this month.
Visa sends Nigerian fintech Interswitch to unicorn status
Sources say Visa paid $200 million for a 20% stake.
Apple Card issuer investigated after claims of sexist credit checks
Goldman Sachs faces official inquiry in NY over alleged Apple Card sexism.
ING invests in regtech Ascent
The Dutch bank backs AI-driven regulatory compliance solutions.
Putting female STEM into financial systems: the role of gender diversity in fintech
Fintech founders must address the gender balance early.
Money20/20 USA: Seven key takeaways and how to prepare your business
Informa’s Rutger van Faassen shares his impressions and insights from Money20/20 USA.
JP Morgan invests in research filter solution for FIs Limeglass
Limeglass is a graduate of JPMorgan’s ‘In-Residence Program’.
Canadian AI search tool Coveo raises $172m to hit unicorn status
Coveo is now “well above” US $1 billion in valuation.
Ecommerce insurtech Cover Genius raises $10m in Series B round
The round will fuel further growth into the UK, the US and Asia.
Immersive Labs lands $40m investment round, opens Boston office
The start-up sees clear demand for cybersecurity support in North America.
Video: Top fintech stories this week – 08 November 2019
FinTech Future’s weekly news round-up.
Data start-up Meeco secures $6.2m in seed funding
Funding will support acquisition of Aussie firm SVX Group.
Desjardins Group data breach affected all 4.2 million members
Internal leak forced change in government policy.
Sweden’s subscription manager Minna Technologies lands deal with Norway’s SpareBank 1
Competitor Subaio has recently signed deals with various other Nordic banks.
UK start-up Freetrade raises $15m, inc. first-time investor Draper Esprit
Draper Esprit invested $7.5 million in the fintech.
The identity challenge: How can banks know who’s who?
Proving identity is the critical first step in preventing theft.
UK Treasury makes paying back consumers victim to APP fraud ‘compulsory’ for banks
The phrase ‘gross negligence’ will also be defined.
HSBC-backed fintech Bud looks beyond financial sector in re-focused product model
The fintech has axed 20% of its staff and undergone a business restructure.
End-to-end innovation in digital debt management
We speak with Spyros Retzekas, COO, about what’s helped the business thrive.
Why BNY Mellon didn’t hire ‘the perfect data scientist’ on paper
The head of digital share his top tips on how to get a job at BNY.
IDnow gains $40m funding injection from Corsair Capital
Verification firm plans to use fresh cash to open new locations.
Case study on Bank of America: How robots help serve and protect the bank
In a bank of this size, there are many areas that would benefit from automation of repetitive tasks.
The common data format that benefits everyone
Data has only recently started being held in such high regard.
Video: Top fintech stories this week – 01 November 2019
FinTech Future’s weekly news round-up.
Banking Technology November 2019 issue out now
The identity challenge.
