Fun days for insurtech start-up Sunday with $10m funding
Malaysia, Indonesia and Singapore are the next stops for the Thai firm.
Digital
Ping An plans $8bn IPO of fintech subsidiary
Insurtech postponed IPO of OneConnect last year due to stock-market unrest.
NatWest unveils bank account aggregator
Its “first real-life customer feature using open banking”.
ID.me brings identity proofing to Department of Veterans Affairs
“No identity is left behind.”
Rebrand takes analytics firm OmniSci to promised land
Will double workforce by end of the year and move into new San Francisco headquarters.
Case study: Citizens Access – access all areas
A banking start-up with the rules of having no paper and no fees.
Arceo flies into US cyber insurance space
Start-up wants to bridge the insurance and cybersecurity worlds.
UK finance software firm Yordex gets £500k funding
Investment company Bloc Ventures takes a shine to its new adventures.
UK lendtech DivideBuy feeling spry with £60m funding
Firm offers interest free credit and plans to develop its tech.
Brazil’s BTG Pactual makes digital token move
ReitBZ is a security token offering designed for nation’s real estate market.
Starling Bank promises 400 new UK jobs with £100m grant
UK challenger also pledges to invest £95 million of its own money.
Hackers use fake Google reCAPTCHA to hide banking malware
Phishing campaign at Polish bank serves as a warning for us all.
NSF makes £1.3bn takeover bid for UK lender Provident Financial
Non-Standard Finance makes unsolicited offer to buy its struggling rival.
Sasfin takes equity stake in South African lendtech Payabill
Johannesburg-based firm looking for more SME action.
Onfido enjoys extended stay at 2nd Address
Identity verification for the US rentals market.
Ping An pushes into Indonesia’s fintech space
Its subsidiary OneConnect plans to offer AI, blockchain and biometrics.
US analytics platform Stratifyd gets $4m funding kick from Arsenal
Follows on from a $25 million Series B announced last fall/autumn.
Apple and Goldman Sachs to unleash iPhone/card combo
Credit cards will be rolled out to employees for testing in next few weeks.
Kenya keen on regulatory fintech sandbox
Capital Markets Authority outlines its plans for innovation.
StanChart braces for $900m fines over US and UK banking issues
Bank sets aside money for potential penalties over FX and crime controls.
Nigerian paytech OyaPay is no more
“Our grand experiment is at an end after 365 days.”
Allianz X boosts fund size to €1bn for insurtech action
Looking for digital firms in insurance and asset management space.
Temenos snaps up India’s hTrunk for greater big data
Vendor expects to see integrations into T24 Transact and Infinity.
Israel’s Jerusalem Venture Partners closes $220m tech fund
JVP shows interest in cybersecurity, fintech and insurtech.
Challenger banks in Spain: who’s who (and what’s their tech)
A list of the known challengers to date and the technology they are using.
Barclaycard says rock me Amadeus for travel payments
Amadeus’ customers will get access to virtual cards solution, Precisionpay.
Bill.com bans wire transfer fees for small businesses
Here’s a ban that businesses can really get behind.
Getting your executives on the journey they didn’t realise they had started when they hired you
Find what your executives care about and centre your design around them so they can go off and do their job.
Intel outfit ThousandEyes looking at $50m funding
Series D round includes GV, formerly called Google Ventures.
Hong Kong Exchange buys into Shenzhen fintech
HKEX looking to boost its financial markets tech capabilities.
TerraPay takes cross-border payments to Sri Lanka
In partnership with Pan Asia Bank.
Japan’s fintech boosted by nonbank money transfers
The Financial Services Agency will grant licences for a more competitive nation.
Wirecard brings Chinese payments to Austria
Alipay and the like will be offered at 150 businesses in the beginning.
SmartStream teams with Numerix for ISDA collateral management
Automated data management and risk sensitivities to the rescue.
Falcon Private Bank flies away from UK nest
Bank departs and sells assets of London-based subsidiary to Dolfin Financial.
Data intel firm GBG acquires IDology for $300m
UK firm buys identity verification and fraud prevention specialist for American dream.
Financial services leading on “Voice First” technology strategy, but there is work to be done
Richard Stevenson, CEO, Red Box, looks at how voice is a critical data set for digital transformation.
Spirited Seoul plans $1bn spend on fintech start-ups
Seoul Innovation Growth Fund seeks to boost sector.
Backbase takes heart via the art of digital banking
In the Ovum Decision Matrix 2019, Backbase’s digital banking performs above average in every category.
Coinbase acquires blockchain intelligence platform Neutrino
Crypto exchange seeks better analysis of data on public blockchains.
