JP Morgan Chase to trial new cryptocurrency
Will start trials in a few months for its JPM Coin.
Digital
Ant Financial to buy WorldFirst for $700m
It was expected and gives Chinese firm a handy boost to its e-commerce plans.
UK challenger bank Griffin gears up for wholesale launch
Plans to provide fintechs with custodial accounts and interbank payments.
Bankers, let’s get real: here’s the question you need to answer (truthfully) today
Will your current strategic roadmap get you where you want to be in five years?
Fintech investment in US hits record $52.5bn
KPMG’s “2018 Pulse of Fintech” report is good news for the States.
Thoma Bravo to acquire US lendtech Ellie Mae for $3.7bn
Private equity investment firm makes an all-cash transaction.
FinovateEurope 2019: Best of Show winners revealed
Let those that win bask in the fintech glory… and this brief news report.
I.T. (insurance technology) had to be you
The sector should fall in love with tech that will bring it closer to customers, creating collaboration and trust.
Case study: 2ndQuadrant and tastyworks – boosting PostgreSQL database performance by 400%
Consultancy and support from 2ndQuadrant for online trading platform boosts PostgreSQL database performance by 400%.
Goldman Sachs leads $44m funding in US business credit start-up Nav
Other investors include Point72 Ventures and Experian Ventures.
Blockchain Exchange Alliance preps tech for payments push
With a heavy emphasis on partnerships and acquisitions.
IBM strikes $700m deal with Santander for digital drive
Five-year tech agreement includes AI, blockchain and big data plans.
CanDeal and six Canadian banks create market data hub
BMO, CIBC, National Bank, RBC, Scotiabank and TD are involved.
First Direct and Bud buddy up for open banking action
Offering third-party products through the bank’s app.
Mastercard taken by Token’s charms for open banking hub
Californian company will power the paytech’s connectivity layer.
Mojo Mortgages gets its mojo working with £7m funding
UK firm’s Series A funding round led by NVM and Maven.
MUFG and Akamai unleash blockchain-based payment network
New joint venture called the Global Open Network.
Stripe leads $40m funding round in paytech Rapyd
Fintech-as-a-Service platform looks for Rapyd success.
Visa plans innovation centre in South Korea
Payments firm confirms that preparations are “in the works”.
UK challenger bank Starling secures £75m for European expansion
Series C funding round led by Merian Global Investors
Abu Dhabi Commercial Bank makes a MoneyBuddy
The app is built on Strands’ technology.
Crypto bank Zabo preps for US launch
“Bitcoin in your bank account.”
All change as Temenos gets new CEO
David Arnott will leave to “spend more time with his new family and baby”.
AI-powered banking experiences
Machine learning can help banks restore the personalised service they were once noted for.
Symantec acquires Luminate Security for cyber cloud defence
Getting prepared for infrastructure managed by Azure, AWS and Google.
Societe Generale selects HPS for payments power in Africa
Paytech will help bank with processing activities at ten African subsidiaries.
ACI buys paytech assets from RevChip and TranSend
Acquisitions to enhance its in-store payment solutions.
StanChart seeks supply chain finesse with Linklogis
Bank will use firm’s digital blockchain for clients in China.
SumUp acquires Polish e-commerce platform Shoplo
To sum up, the UK payments firm will expand its product suite.
Lunar Way gets €13m funding for Nordic conquest
Danish mobile banking service eyes up another neighbour.
Unicaja Banco loans are in with Fintonic app
The marketplace incorporates the Spanish bank’s lending offer.
UK fintech investment reaches record $3.3bn
Industry body Innovate Finance serves up the stats.
Barclays and Ripple back SendFriend’s $1.7m funding
Philippine paytech finds lots of friends as it readies for US launch.
White paper: The opportunities and data management considerations of hybrid cloud
Why are companies deliberately adopting multiple cloud providers? Let Hortonworks and 451 Research explain
Swiss corporate challenger bank Initium enters fintech arena
Plans to build a multi-jurisdictional corporate banking group.
Video: fintech news weekly round-up – 11 February 2019
Challengers Starling and Revolut, Tink, and the importance of digital assets.
Nasdaq to sell GRC business BWise to SAI Global
Bids farewell to its governance, risk and compliance software platform.
Interview: Scott Cooper, CybiWealth – investing big for small pockets
Clever investment management, frustrations, and taking care of choices.
Supplement: FinovateEurope 2019
Read our free FinovateEurope Supplement, packed with fintech goodness!
Open banking: growing in customer trust in 2019
By 2022, the open banking market could be generating £7.2 billion in value.
