Top fintech stories this week – 21 June 2019
From JP Morgan’s secret UK digital bank project to MoneyGram and Ripple’s partnership.
From JP Morgan’s secret UK digital bank project to MoneyGram and Ripple’s partnership.
Partnership follows successful trial at Changi Airport.
The challenger banking service started as a prepaid teen card.
Peru and El Salvador cooperatives join forces with US credit unions.
The new offering is rumoured to rival Monzo and Goldman Sachs’ Marcus.
The tools on offer and the demographic of small business owners will change dramatically in ten years’ time.
The Aussie banking service targets $10m capital raise as first neobank on ASX.
The acquisitions add distribution and tech-focused organisations to its financial institution partners and merchants.
MoneyBeam lets users receive or transfer up to £100 with other N26 users in the UK.
Combined, TietoEvry will have 24,000 employees and annual revenues of €3 billion ($3.4 billion).
The Berlin-based fintech has also begun beta testing.
Setting out the five basic steps for the bank sector to follow, with digitisation at the heart.
The London-based firm will also double its workforce.
It is now possible for us to be digital all the way down.
A major step forward in the Middle East’s retail industry adopting blockchain
70% of digital transformation plans fail. Find out why in this upcoming Finovate webinar.
The new US challenger bank offers interest-free advance and opportunity to build credit.
BattleFin’s Ensemble marketplace will be integrated with Refinitiv’s desktop, Eikon.
It will use the funds to build on its TokenOS open banking platform.
How can I generate awareness of my fintech among potential investors and target clients with limited resources?
Banks and corporates sometimes struggle accessing the Faster Payments Scheme.
The fourth entry in the Royal Bank of Scotland (RBS) State Aid Alternative Remedies Package.
The banking group has also added a secure 24-hour messaging service.
It’s supported by the Bill & Melinda Gates Foundation, AFD and more.
The partnership aims to target millennials.
The security of online banking infrastructure is of pivotal importance.
Compass Plus provides an ATM cash-by-code service.
The FIP aims for enhanced cooperation over regulatory issues.
The deal would expand CGI’s reach in European space and defence markets.
It will give customers card control to block transactions or modify transaction limits.
The wealth manager will use this to drive expansion into Germany.
The opportunity to drive change using the latest tools, methods, tech and partners.
The Crypterium Card is loaded with cryptocurrencies and functions just like a traditional prepaid card.
15 early-stage, pre-Series A start-ups from both fintech and healthtech will be selected for the program
The regulator’s report makes 13 recommendations for the New Payments Platform.
A comprehensive list of challenger banks and banking services in Canada and the tech they are using.
Bento Pay will only require the payee’s email address in order to send payments.
The deal is part of PPRO’s global expansion strategy.
Social media is a valuable and largely untapped source of data for the banks.
Challenging the dominance of traditional banks within the online casino industry.