Swedish fintech Northmill launches new saving service
Customers can lower their interest rates in a matter of minutes
Digital
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.
Reshaping the banking experience
It’s time to stop looking at digital as the only key to client satisfaction.
WeChat Pay and Alipay partner QFPay raises $20m
The latest funding round brings QFPay’s total to $36.5 million.
Female founders become Accenture Lab’s new focus
This year Accenture wants to narrow the gender gap in fintech
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.
Banking platform for freelancers Joust raises $2.6m
The neobank allows workers to get paid faster.
Walmart announce application for cryptocurrency
Shoppers’ money would gain interest in a makeshift bank account.
Turn to commercial banks for treasury management innovation
Commercial banks are taking up a starring role.
Mortgage Cadence integrates with DataVerify
Mortgage Cadence says the integration streamlines the application authentication process.
Brex competitor Ramp Financial raises $7m
The start-up is in the early stages of product development.
FinApps slaps $100m lawsuit on Envestnet Yodlee
It claims that the platform ripped off its code to release their own product.
Banking Technology Awards introduces awards for tech vendors
Ovum Technology Innovation Awards are now open for entries!
FinMkt closes $5m Series B
It provides highly customisable tech for the online lending industry.
Video: fintech news weekly round-up – 05 August 2019
Some of this week’s news, in video format!
Top fintech stories this week – 9 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Verrency and Coinify announces new virtual currency partnership
Libra brought virtual currencies into mainstream.
Credit unions and Payrailz launch CU Payz
The new fintech partnership is designed to give credit unions ‘next-generation products’.
ScaleFactor closes $60m Series C funding round
The platform has since raised $100m in 12 months.
JP Morgan Chase invests in accounting software platform FreshBooks
A JPMC representative will be joining FreshBooks’ board.
Nets and Przelewy24 create a strategic alliance
Its now one of the largest online payment service providers in Poland.
Fintech partnerships: the real benefit of Open Banking for incumbent banks
A deep dive into where the real value lies in Open Banking for incumbents.
Beynd scores $2m seed round
The company uses its own software to onboard its customers.
Tesla-fy your bank
Will banks ever truly reinvent banking?
Daily News at Sibos: be at the heart of the biggest fintech event of the year
London calling: explore opportunities with Daily News at Sibos 2019.
Commerzbank tests blockchain payment solution with Daimler Trucks
Current payment systems require a human to trigger the process.
Saxo Bank completes acquisition of BinckBank
Saxo intends to initiate the statutory buy-out procedure.
First-time homebuyer platform Morty raises $8.5m
The funding was led by New York-based investor Prudence Holdings.
Robinhood gets greenlight from FCA to launch trading app in UK
The 2013-founded Silicon Valley start-up offers a cheaper way to buy and sell US stocks and shares.
RBC launches student experience on mobile app
The ‘Mobile Student Edition’ is designed to tap into the Gen Z market
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’.
Piggy bank start-up ERNIT sells up
One source says the company is trying to see what the market appetite is for a solution like theirs.
Backbase is named a leader in the Forrester Wave™: Digital Banking Engagement Platforms, Q3 2019
Download the Forrester Wave™: Digital Banking Engagement Platforms, Q3 2019
Banking Technology Awards 2019: become a sponsor
Working with us as a sponsor ensures your brand is seen by the best and brightest decision-makers in the industry.
FCA delays SCA payments rules after threat to sales
Companies will have until March 2021 to implement most of the technical requirements.
