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Financial Services/Finserv
Samsung unveils ‘Samsung Money’ with SoFi
User deposits will be FDIC insured for up to $1.5 million.
MUFG triples investment in credit line fintech Fundbox
The fintech says its Series C has raised nearly $200 million.
Banco Itaú International picks Temenos Infinity to revamp wealth management
The Brazilian financial group is revamping its international and Swiss operations.
InvestCloud kicks of digital transformation at Siebert Financial Corp
US broker-dealer aims for a front-to-back change.
Standard Chartered to launch new savings product, calls for help from fintechs
The bank has set a ‘challenge’ for start-ups on its ‘Fintech Bridge’ network.
True Sky Credit Union selects Fiserv’s DNA
The Oklahoma credit union plans to transition to a “technology company” for members.
China’s largest bank rolls out more deposit services with Alipay
Alipay has been collaborating with ICBC since March 2005.
GoBear lands $17m to accelerate transition into “full-fledged” financial service
The fintech first launched in 2015 as a metasearch engine.
Dubai fintech Jingle Pay to launch digital banking in UAE
The start-up brands itself as a ‘Super App Neo Bank’.
Contracts: a picture paints a thousand words
Visualisation is a growing trend within the enterprise space.
Another trip around the sun
For our next go-round the sun let’s cherish the things we have and work towards the things we miss.
Strong customer authentication suffers another delay
Biometrics authentication is fast & easy to deploy, benefitting all stakeholders in an online payment transaction.
Taking a deeper look at deepfake technology
It’s only a matter of time before cybercriminals attempt to use deepfakes as a common way to defraud businesses.
JP Morgan to deploy Calastone tech for automated settlement
The partnership marks an industry first, according to JP Morgan and Calastone.
How VibePay is quietly changing the UK fintech Twitter game
British grime MC JME donated £1,200 to the Vibe community last week during one of its social media events.
San Francisco neobank Aspiration raises $135m in Series C round
The socially conscious fintech plans further growth with cash injection.
Connect First Credit Union appoints former ATB exec as new COO
Wellington Holbrook promised earlier this year he wouldn’t be moving far.
Challenger bank Lunar partners with Danish esports firm Astralis
Denmark and Sweden lead European esports usage.
UBS to set up fintech venture fund to speed up its digitisation
The bank will make investments between $10 million and $20 million.
Canadian data start-up Cinchy lands $10m Series A
The start-up helps banks avoid the security risk of replicating data.
Hyundai Capital America goes live with Sopra’s Cassiopae
Californian captive finance firm completes 15-month project.
Unibank completes processing stage of TranzAxis migration
Azerbaijani lender is ploughing through a multi-stage move to Compass plus system.
How failure to embrace the cloud could be the end of Wall Street as we know it
This mindset betrays a fundamental misunderstanding of how cloud technology providers operate.
Ask the expert: how can I improve my success rate creating partnerships?
What to do if you are struggling to reach the right decision-makers.
Bank of India selects Uniken REL-ID to secure digital channels
Two firms extend decade-long systems partnership.
Colombian consumer credit fintech Addi lands $15m
Addi delivers credit at the time of payment for a product or service.
Pacific National Bank launches digital challenger Facile with Nymbus
The bank is using Nymbus’ SmartLaunch technology.
Resident FinTech Futures expert Greg Watts launches Findr
It is focused on using AI to streamline commercial partnerships.
South Korea’s fintech sandbox lands $110m and creates 380 jobs
Fintechs can be exempt of regulations for up to four years.
What kind of workplace ally are you?
Allyship means valuing people with different experiences from your own.
Video: Top fintech stories this week – 22 May 2020
FinTech Futures’ weekly news round-up.
The positive impact of going negative
Find out how and why fintech companies should be going carbon negative.
Major banks assess COVID-19 working from home policies
A list of how some major banks are responding to COVID-19 remote working policies.
Ecommerce platform Shopify to launch ‘Shopify Balance’ for businesses
The account offering will land in the US later this year.
Banking for kids fintech GoHenry unveils biodegradable card
The card is made up of 82% bio-sourced renewable materials.
Raisin launches deposit solutions for US banks and credit unions
The fintech wants to help US retail banks offer personalisation.
Remote work start-up Deel scores $14m series A led by Andreessen Horowitz
Andreessen general partner, Anish Acharya, is joining the San Francisco-based company’s board.
Brazil introduces open banking with UK fintech Ozone and TecBan
Phased implementation will start in November 2020.
Al Alam enters liquidation following KPMG’s Wirecard audit
The firm is central to whistleblower claims that Wirecard fraudulently inflated sales & profits.
