ClearScore partners with Raisin UK to offer savings accounts
App now provides access to online savings marketplace.
Digital
New funding values personal finance app Fintonic at €160m
Follows €19m investment round led by ING Ventures.
Top fintech stories this week – 12 March 2019
Teradata’s event coverage, Sopra Steria acquired SAB, and other news.
Swift takes step towards ESMIG Network Service Provider status
Swift seeks to be selected as a provider for the Eurosystem Single Market Infrastructure Gateway (ESMIG).
Teradata Universe Madrid 2019: Teradata agrees that less is more
“Don’t invest in analytics!”, and in my mind, the crowd cheered.
Bnext launches travel insurance
The Spanish challenger is already expanding its product portfolio.
Nasdaq announces purchase of shares in Oslo Stock Exchange
Board unanimously recommended Nasdaq’s offer
New funding set to make Monzo second-largest UK fintech start-up
£1.9bn valuation will see the challenger bank leapfrog rival Revolut.
Nordic Capital acquires digital identity firm Signicat
The financial details for the Norwegian security firm have not been disclosed.
2gether’s prepaid crypto Visa card launches across eurozone
Follows successful beta launch in Spain.
Integral delivers mobile trading app for Arab Bank in Switzerland
Integral’s solutions are used by banks, brokers and asset managers in the foreign exchange market.
Forward Financing to build on growth with $90m credit facility
Deal is described as “transformative” for the company.
PayTech Awards 2019: meet the judges!
Deadline to enter the Awards is Friday, 12 April!
NIIT Technologies to acquire Whishworks
Specific terms of the deal have not been disclosed.
Kabbage pulls in $700 million in debt funding
It claims to be the largest asset-backed securitization by a small business online lending platform to date.
Brewin Dolphin upgrades digital capabilities with Avaloq tech
The wealth manager says it has £34.9 billion under management.
Torstone Tech grows with Percentile acquisition
Percentile’s risk solution will be integrated into Torstone’s offering.
Banco BASE chooses Volante to deliver modern payments platform
Serving corporations and medium-sized businesses in Mexico.
LendInvest to enter home loan market with up to £200m HSBC funding
Company’s ambition is to become a whole-of-the-market mortgage provider.
Emirates NBD launches WhatsApp banking
The bank will expand the range of functions customers can use.
Hellenic Bank modernises payments with Fiserv
The Dovetail Payments Platform will help with customer personalisation.
SESAMm targets US market after EUR 4.4m funding round
Expansion to Japan and London is the next objective.
How to ensure your financial institution doesn’t survive past 2030
Free up your staff to work for more forward-looking organisations!
TCS wins core replacement at National Bank of Bahrain
NBB is replacing an extremely old core system, TC4, which was developed by an Indian company, CMC Limited.
PASPX in tech overhaul with Temenos
PASPX was founded in 2008 and holds an e-money licence.
Kudi raises $5m to expand bank agent network in Nigeria
Series A funding will support mission to serve underbanked people.
Open beta programme launches for Sila’s API platform
Aims to bridge gap between traditional banking systems and blockchain.
Deutsche Bank and Serrala launch API interface for SEPA payments
A step towards facilitating real-time treasury.
The future of PFM looks a lot less like a bank
Those digital money managers that build intelligent services around the high opportunity customer jobs will win.
Onfido raises $50m for fraud battle boost
It brings the firm’s capital to more than $100 million.
Chetwood launches new savings account SmartSave
It says it keeps the costs low through technology and by being outside London.
Three-way merger creates enlarged Bank of Baroda
The three banks are Bank of Baroda, Vijaya Bank, and Dena Bank.
PayTech Awards entry deadline extended!
Enter the PayTech Awards by Friday, 12 April.
Truevo targets fintech market with help from Temenos
Temenos will power digital end-to-end payments.
Case study: Information Builders and Millennium BCP
See how the largest private bank in Portugal, Millenium BCP enhanced decision-making capabilities
AIB picks Boxever to personalise customer experience
Three-year contract is part of AIB’s digital transformation project
Three Finnish banks to move to shared core and payments tech from Temenos
Temenos’ regional partner Cognizant will implement and manage the new platform.
OnDeck acquires Evolocity
Catering for small businesses in Canada.
Five ways AV tech helps banks transform internal operations and customer experience
AV tech is opening new doors for banks to improve brand loyalty, customer and employee engagement and more.
Zions modernises with D3’s digital banking tech
The bank aims to reduce complexities in the back office.
