Network International to float on London Stock Exchange
The IPO will make at least 25% of its issued share capital on the LSE.
Digital
SIA sets out three-year strategic plan for Europe expansion
2018’s net-profits were €79.5 million, down 0.7% from 2017.
Bank of the West shifts to hosted for Systematics core
The bank is a long-standing user of the mainframe-based core system.
Top fintech stories this week – 22 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Building bridges and exchanging money
How Moneycorp and Futurice juggled different geographies when designing a modern platform.
Four digital and traditional trends in banking in 2019
Don’t discount something because it doesn’t fall strictly into our pro-technology bubble.
Instarem partners with First Data to enable card issuance
It will begin with corporates and fintechs in Singapore.
eCurrency Mint ups security with nCipher nShield HSMs
To provided secure digital fiat currencies to central bank.
White paper: Beyond Banking – what traditional banks and neobanks can learn from each other
What traditional players and challengers can teach each other, and how to beat bigtechs in the digital banking race.
Challenger banks country by country: who’s who (and what’s their tech)
Comprehensive and free guides for UK, Spain, Germany, France, US, Canada, South Africa, Australia, India and Hong Kong.
Temenos gains new business from Akcelerant-derived user base
Maps Credit Union, Hudson Heritage Federal Credit Union and Guardian Credit Union.
SimplyBiz Group agrees to acquire Defaqto
Defaqto’s management and strategic direction will be unaffected.
New voice-powered Finley AI offers financial and pension advice
The creator claims that Finley AI is a world-first innovation.
Interview: Anthony Thomson, 86 400 – roaming numerals
What makes 86 400 different from its rivals, and why the big four Down Under got what they deserved.
CreditLadder and Nationwide team up to help renters buy a home
They say it’s the first relationship of its kind in the UK.
Incumbent financial institutions harness the power of the entrepreneurial mindset
Introducing Extrapreneurship, a new programme helping employees of large FIs to adopt the entrepreneurship mindset.
NatWest partners with Tieto to launch virtual account platform for business
Companies will be able to digitally self-serve their clients’ accounts.
2gether expands its prepaid crypto card into Europe
Consumers will be able to spend crypto as easily as euros.
Urban FT Group brings community banks to the mobile era
To compete with the top tier banks’ services and tools for customers.
Instarem aims at Japan and Indonesia with $41m funding
This latest round takes InstaReM’s total funds secured to $59.5 million, with an expected IPO in 2021.
Crypto app Donut gets sweet $1.8m seed funding
Bringing “convenience, trust and accessibility” to managing and transacting in crypto assets.
IBM debuts blockchain network for cross-border payments
Blockchain World Wire can transfer funds in 47 currencies to locations in 72 countries.
Open banking: progressing to the summit
Banks and disruptors alike are still trekking through the foothills of open banking.
Video: fintech news weekly round-up – 18 March 2019
More open banking news, fintechs in LatAm, an a MasterCard acquisition.
Tech giant SAS commits to £1bn AI investment in three years
It aims to develop new AI skills as well as teach customers how to use them.
Worldline terminals now accept Apple Pay and Google Pay in Germany
Only if the user’s bank’s app supports these payments.
Nets to support Sbanken’s open banking across Nordics and Europe
“Banking as we know it will change radically.”
Sweden’s SEB chooses DTCC’s Global Trade Depository to meet SFTR obligations
DTCC has added data transformation services to its SFTR offering.
FIS acquires Worldpay for $34bn
The resulting merger will have an enterprise value of approximately $43bn.
AI platform Talent Ticker launches in the UK market
Unifying data across sectors to help firms make decisions more efficiently.
HPS PowerCARD 2019: working together to tackle fraud
Why aren’t the banks collaborating or working together to combat fraud, should the regulator get involved?
A guide to digital identity verification: the tech and trends
Examine global trends in identity and technical insights into viable solutions.
Paytech InComm acquires Linq3 Technologies
This is the firm’s eighth acquisition.
Client experience: hallmark of the digital credit and lending journey
What is the Holy Grail of credit and lending transformation?
Former MtGox boss gets suspended jail on account of data falsification
However, he was cleared of all other charges, including embezzlement.
Capital Markets Gateway gets its way with $7.5m funding
Creating a path for capital markets professionals with a round led by StageDotO.
French firm PayTrip launches prepaid for relatives abroad
Inspired by a Moroccan engineer’s personal experience of making money transfers.
CC&L chooses SimCorp to deliver integrated client communications
One of Canada’s largest firms in the sector, Connor, Clark and Lunn Financial Group manages over $55 billion in assets.
First Direct invites customers to co-create new products
The launch of fdesign follows the introduction of peer-to-peer payments system fdpay in January.
Customer service platform Glia gets $20m funding
A Series B funding round led by Insight Venture Partners
