The best banking and internet payment options
There’s no right or wrong way to purchase anything online.
Digital
Temenos buys trading platform provider Fidessa for £1.4bn
Deal now confirmed from yesterday’s (20 February) report.
Stack selects i2c for new mobile payments platform
Toronto-based challenger Stack still in private beta – scheduled to launch publicly early this year.
Big guns team up for Marco Polo blockchain trade finance initiative
BNP, Commerzbank and ING joined by Standard Chartered, DNB, and OP Financial Group.
ForgeRock Trust Network onboards Entersekt as principal tech partner
Bringing ForgeRock’s customers “powerful, proven authentication options”.
Infographic: what is cryptocurrency?
Everything you need to know about what cryptocurrency is and how to use it.
Fintech funding round-up: 20 February 2018
Features SETL, AND Global, LendMN and Augmentum Fintech.
Soldo and Starling pair up for business banking
Business banking better than before.
Kony brings digital magic to Partners Federal CU revamp
Ploy Story or Beauty and the Increased?
Insurtech Homelyfe opens up tech stack for third party fun
“Partner Platform” offers access to its product lines and to provide home insurance cover.
Kuwait Finance House Bahrain revamps online banking tech
KFHB has implemented a new online banking system, Ethix-Net, supplied by International Turnkey Systems (ITS).
Tandem launches travel cashback card in UK
Digital challenger bank launches its first product in the country.
FCA and CFTC to collaborate on fintech innovation
Financial Conduct Authority and Commodity Futures Trading Commission have signed an arrangement for UK-US initiatives.
Hackers swipe $2m from India’s City Union Bank via Swift
Three “fraudulent remittances” – sent via correspondent banks to accounts in Dubai, Turkey and China.
Fintech funding round-up: 19 February 2018
Features Lydia, Qara and Aye Finance.
UK Investment Association unleashes fintech accelerator
Asset management industry to get generosity from VeloCity.
Montserrat gets blockchain Bitt for digital payments
Get that atlas out! Barbados-based Bitt’s DLT to fuel ecosystem for small Caribbean island of Montserrat.
Russia’s beta biometrics brings better banking security
Tinkoff Bank, VTB Bank and Pochta Bank have presented a beta version of their unified biometrics system.
Credit Kudos loans its glory to Lending Works
Customers can use Credit Kudos to populate forms, verify income and prove their creditworthiness.
Hackers steal $6m from Russian bank via Swift
Russian central bank disclosed the information… very discreetly.
Algorand nabs $4m for blockchain aiming to avoid Bitcoin’s flaws
Straight out of MIT – and reckons it can solve the problems dogging Bitcoin and other digital currencies.
HSBC online and mobile banking goes down
UK not OK… as usual. Out for the count for a few hours.
Coinbase customers bugged by overcharging caper
And a blame game with Visa begins.
Infinitec unleashes digital finance solution for German SMEs
A Software-as-a-Service solution for integrated finance management.
Softtek and Mambu unveil banking Platform-as-a-Service
SaaS-y engine provider partners with Mexican system integrator.
Q2 and Acorns strike a multi-year tech deal
Digital banking solutions provider Q2 has signed a deal with financial services platform Acorns.
Amazon teams with Bank of America for lendtech leap
Looking to expand its lendtech programme for small businesses that sell on Amazon’s websites.
Top fintech stories this week – 16 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
BBVA taps digital start-up Azlo to target US freelance market
Bank partners with business account provider for American dream.
Temenos enjoys software licensing growth of 22%
Revels in a decent 2017 and keeps the momentum gained in 2016.
Fintech start-ups acquired by banks – CB Insights
2017 saw more acquisitions by top US banks than any other year.
Wirecard brings digital touch to ReiseBank’s bankomo app
Expanding collaboration by enabling users to top up smartphone account without minimum purchase requirement.
SOKA-BAU in front-to-back office tech overhaul with Simcorp
German pension fund will implement the Simcorp Dimension platform.
Edmond de Rothschild moves core mainframe system to LzLabs
Hops over to LzLabs’ Linux-based alternative, running on x86 servers.
BinckBank and Raisin double up for Dutch savings market
Launches new product “Binck Savings” – users can deposit funds with selected European partner banks.
UK money platform Nudgg pushes to launch
Allows customers to view all financial accounts in one place and make direct comparisons.
UK regulator plots global fintech sandbox
Financial Conduct Authority looking for views on the merits of a mega-model.
Bankjoy plays it SafeAmerica CU for mobile banking
US credit union enrolled 25% of its active users within the first day of the launch.
Payfone gets $23m in funding from Synchrony Financial
New round takes digital identity authentication company’s total funding to $93.6 million.
Clinc tops $4.5m in annual revenue
Conversational AI platform in the pink and hires a chief growth officer.
